Essex Property Trust, Inc. (ESS)
What's in Store for Essex Property This Earnings Season?
Despite elevated supply, ESS' Q4 results are likely to show the benefits of a solid property base, healthy demand and technological initiatives.
Essex Property Trust (ESS) Surges 4.1%: Is This an Indication of Further Gains?
Essex Property Trust (ESS) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock suggests that there could be more strength down the road.
Essex Property Trust: Limited Supply Enables Further Growth
Essex Property Trust has gained 35% over the past year, benefiting from limited new apartment supply in California and a defensive geographic positioning. Essex's markets face significantly less new supply than the Sun Belt, with just 0.5% annual supply growth expected from 2023-2025. Despite rising costs, Essex maintains a solid balance sheet and expects 4-5% growth in FFO, with a fair value target of $320-325.
Should Essex Property Stock be Retained in Your Portfolio Now?
A sturdy property base in the West Coast market, technology initiatives and a healthy balance sheet pose ESS for future growth. High supply of rental units ail.
Essex Property Stock Up 16.7% in Six Months: Will It Rise Further?
ESS is likely to benefit from favorable West Coast market fundamentals and a healthy balance sheet.
Essex Property Trust, Inc. (ESS) Q3 2024 Earnings Call Transcript
Essex Property Trust, Inc. (NYSE:ESS ) Q3 2024 Earnings Conference Call October 30, 2024 1:00 PM ET Company Participants Angela Kleiman - President, CEO Barb Pak - EVP, CFO Rylan Burns - EVP, Chief Investment Officer Conference Call Participants Daniel Tricarico - Scotiabank Nick Joseph - Citi Haendel St. Juste - Mizuho Securities Steve Sakwa - Evercore ISI Alexander Goldfarb - Piper Sandler Adam Kramer - Morgan Stanley Jamie Feldman - Wells Fargo Josh Dennerlein - Bank of America John Kim - BMO Capital Markets Linda Tsai - Jefferies John Pawlowski - Green Street Julien Blouin - Goldman Sachs Alex Kim - Zelman & Associates Conor Peaks - Deutsche Bank Angela Kleiman Good morning. Thank you for joining Essex third quarter earnings call.
Essex Property Q3 FFO and Revenues Beat, '24 View Raised
ESS' Q3 core FFO tops estimates. Results reflect higher same-property revenues and net operating income.
Is the Options Market Predicting a Spike in Essex Property Trust (ESS) Stock?
Investors need to pay close attention to Essex Property Trust (ESS) stock based on the movements in the options market lately.
Essex Property Trust (ESS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Essex Property Trust (ESS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Essex Property Trust (ESS) Q3 FFO and Revenues Top Estimates
Essex Property Trust (ESS) came out with quarterly funds from operations (FFO) of $3.91 per share, beating the Zacks Consensus Estimate of $3.88 per share. This compares to FFO of $3.78 per share a year ago.
Gear Up for Essex Property Trust (ESS) Q3 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Essex Property Trust (ESS) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
What's in Store for Essex Property This Earnings Season?
ESS' Q3 results are likely to show the benefits of a solid property base and technological initiatives.
