The upcoming report from Essex Property Trust (ESS) is expected to reveal quarterly earnings of $3.88 per share, indicating an increase of 2.7% compared to the year-ago period. Analysts forecast revenues of $445.88 million, representing an increase of 6.4% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings ...

Essex Property Trust, Inc. (ESS) is scheduled to report its third-quarter 2024 results on Oct. 29 after market close. The company’s quarterly results are likely to reflect year-over-year growth in revenues and core funds from operations (FFO) per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this San Mateo, CA-based residential real estate investment trust (REIT) delivered a surprise of 2.60% in terms of core FFO per share. Results reflected fav ...

Investors might want to bet on Essex Property Trust (ESS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...

Shares of Essex Property Trust (ESS) have rallied 16.1% year to date, outperforming the industry's upside of 10.5%. A robust property base in the West Coast market with favorable demand drivers will aid Essex Property. Technology initiatives to drive margins and a healthy balance sheet bode well for long-term growth. Analysts seem bullish on this residential REIT carrying a Zacks Rank #3 (Hold), with the Zacks Consensus Estimate for its 2024 FFO per share moving northward over the past month to $15.55. Imag ...

Essex Property Trust (NYSE: ESS ) has had a spectacular one-year performance of more than 40%. After the great financial crisis, ESS experienced a fantastic decade-long ramp-up in its price, during which the REIT added more than 800% in total performance. Of Hey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those t ...

These REITs offer attractive yielding payouts that should rise in the future. Investing in real estate can be a great way to generate durable passive income. There are many ways to invest in the sector. One of the smartest ways to start is to buy shares in high-quality real estate investment trusts (REITs). W.P. Carey (WPC -1.57%) and Essex Property Trust (ESS -0.92%) are no-brainer REITs to buy for longlasting passive income. They offer high-yielding payouts that should steadily rise in the future. Buildin ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

If you are looking for a trio of reliable dividend stocks, this collection of hard asset stocks offers high yields and growth potential. The real estate investment trust (REIT) sector is known for offering investors a high level of dividend yield. That makes sense, since REITs were specifically designed to pass income on to shareholders via dividends. But if you're looking for the most reliable dividend-paying REITs, you'll want to focus on Federal Realty (FRT -0.27%), Realty Income (O -0.32%), and Essex Pr ...

Shares of Essex Property Trust, Inc. (ESS) have rallied 23.1% in the past six months, outperforming the industry's growth of 16.2%. This residential REIT, which has a robust property base in the West Coast market, is poised to benefit from the healthy demand for its residential units. It is also banking on technology, scale and organizational capabilities to drive growth. Analysts also seem bullish on this Zacks Rank #2 (Buy) stock. The Zacks Consensus Estimate for the company's 2024 FFO per share has been ...

Essex Property Trust, Inc. (ESS) , which has a robust property base in the West Coast market, is poised to benefit from the healthy demand for its residential units. It is also banking on technology, scale and organizational capabilities to drive growth. In July, Essex Property reported second-quarter 2024 core funds from operations (FFO) per share of $3.94, which beat the Zacks Consensus Estimate of $3.84. The figure also improved 4.5% from the year-ago quarter. Results reflected favorable growth in same-p ...