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Essex Property Trust (ESS)

(Delayed Data from NYSE)

$266.29 USD

266.29
361,766

+1.58 (0.60%)

Updated May 17, 2024 04:00 PM ET

After-Market: $266.30 +0.01 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value B Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 28% (180 out of 249)

Industry: REIT and Equity Trust - Residential

Better trading starts here.

Zacks News

Taubman Centers (TCO) Q1 FFO Beats Estimates, Revenues Down

Taubman Centers' (TCO) Q1 results reflect lower general and administrative expenses, and higher lease cancellation income. However, elevated tenant turnover remains a concern.

    Welltower (WELL) Q1 FFO Misses, Announces Quality Care Deal

    Though Welltower's (WELL) Q1 results highlight a choppy seniors housing market, its strategic partnership with ProMedica and the buyout of Quality Care Properties will likely stoke long-term growth.

      Simon Property's (SPG) Q1 FFO Beats Estimates, Guides Up

      Simon Property Group (SPG) Q1 performance reflects growth in net operating income, increase in base minimum rent per square foot and leasing spread, encouraging the company to raise its outlook.

        Digital Realty (DLR) Beats Q1 FFO Estimates, Raises View

        Digital Realty Trust's (DLR) solid Q1 results highlight growth in revenues, encouraging the company to raise core FFO projections for the current year.

          Iron Mountain (IRM) Beats on Q1 Revenues, Maintains Outlook

          Iron Mountain Incorporated's (IRM) first-quarter results reflect strong internal revenue growth and elevated operating expenses.

            Public Storage (PSA) Q1 FFO and Revenues Beat Estimates

            Public Storage's (PSA) Q1 results reflect higher realized annual rent per occupied square foot, which supported its same-store performance. The company also benefited from its expansion efforts.

              AvalonBay (AVB) Q1 FFO Meets Estimates, Rental Rates Rise

              AvalonBay Communities' (AVB) Q1 results reflect growth in average rental rates, though occupancy level declined marginally. Also, operating expense flared up during the quarter.

                Kimco Realty (KIM) Q1 FFO Beats Estimates, Occupancy Rises

                Kimco Realty (KIM) exits Q1 with improved occupancy, but a lower liquidity level.

                  Cousins Properties (CUZ) Q1 FFO In Line With Estimates

                  Cousins Properties' (CUZ) Q1 results witness rise in second-generation net rent per square foot and same-property NOI.

                    Essex Property (ESS) Up 6.3% Since Earnings Report: Can It Continue?

                    Essex Property (ESS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

                      GGP vs. ESS: Which Stock is Poised for Better Q4 Earnings?

                      The December rate hike and chances of further increases kept REIT investors worried. However, underlying asset class dynamics played a key role in determining the operating performance, apart from rate.

                        Essex Property (ESS) to Post Q4 Earnings: What's in Store?

                        Essex Property's (EXR) Q4 results likely to benefit from strong property base and a sturdy balance sheet. However, rising supply and aggressive rental concessions might mar the positives.

                          Vornado Realty (VNO) Q3 FFO and Revenues Beat Estimates

                          Vornado Realty's (VNO) Q3 performance reflects growth in occupancy and same-store net operating income (NOI) in the New York portfolio. The company also achieved growth in revenues in the quarter.

                            AvalonBay (AVB) Q3 FFO Misses Estimates, Revenues Up Y/Y

                            AvalonBay Communities' (AVB) Q3 results reflect modest growth in average rental rates. Economic occupancy managed to grow only slightly in the quarter.

                              UDR Q3 FFO In Line With Expectations, Revenues Increase

                              UDR's Q3 results benefited from increased revenues from same-store communities. Also, it raised guidance for full-year 2017.

                                Essex Property (ESS) Q3 Earnings: What's in the Offing?

                                Essex Property's (EXR) Q3 results are likely to gain from favorable demographics and job growth. However, rising supply and aggressive rental concessions might mar the positives.

                                  MAA Q3 FFO Tops Estimates, Revenues Miss, Outlook Raised

                                  Mid-America Apartment Communities (MAA) reported robust operating results in Q3 on the back of growth in rental revenues. The residential REIT exited the quarter with higher liquidity.

                                    Why Should You Add Essex Property (ESS) to Your Portfolio?

                                    Essex Property Trust (ESS) continues to depict robust fundamentals and improving prospects. Further, this Zacks Rank #2 (Buy) stock has risen 11.3% year to date.

                                      The Zacks Analyst Blog Highlights: REIT Digital Realty Trust, industrial REIT Prologis, REIT Simon Property Group and REIT Essex Property Trust

                                      The Zacks Analyst Blog Highlights: REIT Digital Realty Trust, industrial REIT Prologis, REIT Simon Property Group and REIT Essex Property Trust

                                        The Zacks Analyst Blog Highlights REIT Digital Realty Trust, industrial REIT Prologis, REIT Simon Property Group and REIT Essex Property Trust

                                        The Zacks Analyst Blog Highlights REIT Digital Realty Trust, industrial REIT Prologis, REIT Simon Property Group and REIT Essex Property Trust

                                          REITs Record Growth in FFO in Q2, Occupancy Remains High

                                          Occupancy rates remained high in the second quarter, while funds from operations (FFO) reported growth, per a NAREIT media release.

                                            4 Reasons to Add Essex Property (ESS) to Your Portfolio

                                            Essex Property Trust (ESS) continues to depict robust fundamentals and improving prospects. Further, this Zacks Rank #2 (Buy) stock has risen 13.1% year to date.

                                              Liberty (LPT) Q2 FFO and Revenues Beat, Fall Y/Y, Stock Down

                                              Liberty Property's Q2 results reflect rent escalation on renewal and replacement leases signed during the quarter in the industrial portfolio. However, occupancy fell from the prior quarter.

                                                Essex Property (ESS) to Post Q2 Earnings: What's in Store?

                                                Favorable demographics and healthy job market will likely drive demand for Essex Property Trust's (ESS) apartment in the second quarter. Let's see if these can lead to an earnings beat.

                                                  Why Should You Add Essex Property (ESS) to Your Portfolio?

                                                  Essex Property Trust, Inc. (ESS) continues to depict robust fundamentals and improving prospects. Further, this Zacks Rank #2 (Buy) stock has risen 7.2% in the past three months.