Revenue segments as reported by the company.

Rental income

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Management and other fees from affiliates

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Property operating

Corporate-level property management expenses

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Gain on sale of real estate and land

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Essex Property Trust

Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Essex Property Trust reports robust 2022 performance amidst COVID challenges

Essex Property Trust's 2022 performance was strong, driven by team execution and market recovery, despite challenges from COVID-19 regulations. The company is well-positioned to capitalize on opportunities in tech sector evolution and market diversification in 2023.

Essex Property Trust (ESS) exceeds Q1 expectations, eyes growth opportunities

Essex Property Trust (ESS) reported a robust Q1 performance with strong core FFO per share growth and successful occupancy strategies. The company faces challenges related to expense volatility and moderating rent growth but sees opportunities in capital availability and demographic shifts driving rent growth.

Essex Property Trust (ESS) surpasses Q2 guidance, eyes rent growth

Essex Property Trust (ESS) delivered strong Q2 results, with a focus on exceeding guidance and strategic shifts towards rent growth. Challenges include R&M expenses and uncertainty around property tax rates, while opportunities lie in market strengths and relocation trends.

Essex Property Trust reports strong Q3 performance amidst market challenges

Essex Property Trust demonstrated resilience in Q3 with improved financial performance despite industry challenges.
Strategic focus on maximizing revenues through a balance between rate growth and occupancy is evident.
Anticipated job growth near major employment centers and high affordability levels in key markets position Essex well for future growth.

Essex Property Trust excels in 2023, eyes growth amid challenges

Essex Property Trust's strong 2023 performance, operational resilience, and financial stability position them well for 2024, despite challenges like rising operating expenses.
The company's focus on regional market dynamics, tenant retention strategies, and revenue growth assumptions align with market trends and present growth opportunities.
Navigating uncertainties around lease rates, unit turnover, and capital allocation will be key for Essex to sustain performance and address investor inquiries effectively.
Insights on market rent forecasts, job-related trends, and collection strategies provide Essex with actionable opportunities to optimize revenue streams and enhance operational efficiency.

Essex Property Trust (ESS) surpasses Q1 expectations, eyes dividend growth

Essex Property Trust (ESS) reported strong Q1 results, exceeding guidance and increasing full-year guidance. The company's strategic moves in portfolio optimization, joint venture acquisitions, and preferred equity investments have positioned it well for growth. Challenges in concessions and transaction market thinness are being addressed, while opportunities lie in dividend growth and exploring alternative capital options.

Essex Property Trust (ESS) surpasses Q2 earnings guidance, eyes West Coast growth

Essex Property Trust (ESS) delivered a robust performance in Q2 2024, exceeding core FFO guidance and showcasing strength in key regions. The company raised full-year core FFO guidance and highlighted a healthy balance sheet. While challenges may arise, opportunities exist for growth through strategic investments and market demand.

Essex Property Trust (ESS) reports strong Q3, eyes growth in 2025

Essex Property Trust (ESS) had a strong quarter, raising core FFO guidance and making strategic acquisitions. Despite challenges like advocacy expenses and market transaction volumes, the company is well-positioned with a strong balance sheet and growth opportunities for 2025.

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Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and re-development of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

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SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) (“Essex”) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public offering of $350 million aggregate principal amount of 5.500% senior notes due 2034 (the “Notes”). The Notes were priced at 99.752% of par value with a yield to maturity of 5.532%. Interest is payable semiannually at an interest rate per annum of 5.500% on April 1 and October 1 of each year with th.

Essex Property Trust Prices $350 Million of Senior Notes

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Why REITs Should Rally In 2024

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2024 Citigroup Global Property CEO Conference held in Hollywood, FL on Tuesday, March 5, 2024, at 11:40 a.m. Eastern Time. To listen to the panel, please visit the webcast link on the Investors section of the Company's website at www.essex.com. An archive of the webcast will be available for thirty days fol.

Essex Property Trust to Present at The 2024 Citigroup Global Property CEO Conference

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Forget Annaly Capital; These Unstoppable Stocks Are Better Buys

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 6.1% increase to its annual cash dividend. This represents the Company's 30th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.45 per share, payable on April 12, 2024 to shareholders of record as of March 29, 2024. On an annualized basis, the dividend represents a distribution of $9.80 per common share. The A.

Essex Announces its 30th Consecutive Annual Dividend Increase

Multifamily housing benefits from long-term trends such as increasing home prices. Essex Property Trust is a multifamily REIT focused on California and Seattle. ESS is a Dividend Aristocrat with an investment grade balance sheet, well positioned to capitalize on tailwinds.

Essex Property Trust: Build And Buy Apartments Like A Pro

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Essex Property Trust, Inc. (ESS) Q4 2023 Earnings Call Transcript

Essex Property's (ESS) Q4 results reflect improving same-property revenues. This residential REIT has also provided its 2024 guidance.

Essex Property (ESS) Q4 FFO & Revenues Beat, '24 View Issued

The headline numbers for Essex Property Trust (ESS) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Essex Property Trust (ESS) Reports Q4 Earnings: What Key Metrics Have to Say

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its fourth quarter and full-year 2023 earnings results and related business activities. Net Income, Funds from Operations (“FFO”), and Core FFO per diluted share for the three and twelve months ended December 31, 2023 are detailed below.   Three Months Ended December 31,   Twelve Months Ended December 31,     % %   2023 2022 Change 2023 2022 Change Per Diluted Share             Net Income.

Essex Announces Fourth Quarter and Full-Year 2023 Results and 2024 Guidance

While Essex Property's (ESS) Q4 results are likely to show the benefits of a solid property base and technological initiatives, elevated supply and higher interest expenses might have limited the growth tempo.

What's in Store for Essex Property (ESS) in Q4 Earnings?

Get a deeper insight into the potential performance of Essex Property Trust (ESS) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Insights Into Essex Property Trust (ESS) Q4: Wall Street Projections for Key Metrics

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SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2023 distributions to shareholders. The 2023 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Date Payment Date Cash Distribution Per Share Ordinary Taxable Dividend Qualified Dividend Return of Capital Capital Gain (20% rate) Unrecaptured Section 1250 Capital Gain (25% rate)   Section 199A Dividend Section 897 Gain 1/3/2023 1/13/20.

Essex Reports Characteristics of 2023 Dividends

News for Essex Property Trust Stock (ESS)