Revenue segments as reported by the company.

Rental income

Other property

Management and other fees from affiliates

Revenue Segments

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

Operating Margin

Profit Margin

Margins

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

Depreciation and amortization

General and administrative

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Impairment loss

Gain on sale of real estate and land

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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.

AvalonBay Communities

It is arguably the best time since 2008 to buy apartment REITs. AvalonBay Communities and Essex Property Trust are both heavily discounted.

AvalonBay Vs. Essex Property: What's The Best REIT To Buy Today?

American Tower

Blackstone Group

Digital Realty Trust

Healthpeak Properties Inc

EastGroup Properties

Farmland Partners

Host Hotels & Resorts

Invitation Homes

Lamar Advertising

Medical Properties Trust

Realty Income Corp

Omega Healthcare Investors

Prologis

Public Storage

Regency Centers

iStar Inc

Simon Property Group

STAG Industrial

Sunoco

Uniti Group

Welltower

Weyerhaeuser

REITs are facing an "existential crisis" according to some investors. They claim that REITs will go bankrupt as they fail to refinance their debt.

REITs Will Go Bankrupt? Not So Fast

Apartment Income REIT Corp

American Homes 4 Rent

Beazer Homes USA

Century Communities

Camden Property

D.R. Horton

Elme Communities

Equity LifeStyle Properties

Equity Residential

Independence Realty Trust

KB Home

Mid-America Apartment Communities

Meritage Homes

PulteGroup

Sun Communities

Taylor Morrison Home

Toll Brothers

UMH Properties

Veris Residential

The homebuilding market is crashing even as we are dealing with a massive housing shortage. This should create a nice catalyst for homebuilding companies down the road, but perhaps the more interesting catalyst involves REITs that lease properties out.

Pain In The Housing Market Is Setting The Stage For Significant Value Creation

Alexandria Real Estate Equities

City Office REIT

Global Medical REIT

Macerich

Necessity Retail REIT

Vanguard Real Estate ETF

In the past decade, many REITs have become complacent and devised aggressive financing strategies that were underpinned by low interest rates. The sudden shift in the interest rates and a probability of a "higher-for-longer" scenario can put a notable share of REITs in a "nuclear winter" territory in my view.

Getting Ready For A 'Higher-For-Longer' Scenario For REITs

Amcor Plc

Air Products and Chemicals

Franklin Resources

Chevron

Emerson Electric

Federal Realty Investment Trust

General Dynamics

T. Rowe Price Group

V.F.

Walgreens

Exxon Mobil

"Dividend Aristocrats in the S&P 500 Index have raised their annual payouts every year for at least 25 consecutive years. " - Kiplinger.com/Investing. 67 Aristocrats, screened as of May 11, 2023, represented all eleven Morningstar sectors. Broker estimated-top-ten net gains ranged 19.38%-41.39% topped by WBA and VFC.

4 Dividend Aristocrat Buys For May And 6 To Watch

Essex Property Trust, Inc. reported Q1 2023 earnings on Friday last week - I am exposed to both AvalonBay Communities, Inc. and Essex as some of my major apartment REITs, and expecting great things out of both. People have been worried that interest rate and macro trends will turn things down.

Essex Property Trust: Things Are Just As Good As I Expected

A portfolio exposure to dividend aristocrats is extremely topical in periods where the economic dynamics are volatile and imply an elevated probability of distress. The problem with dividend aristocrat ETFs or just a pure-play replication of the entire universe of dividend aristocrats is that it provides an unattractive yield (~1.9%).

The Beauty Of REIT Dividend Aristocrats

Rentals have much more leverage earlier on, which means beginners can earn higher returns. REITs have lower variance of returns due to diversification and lower leverage. They also have better economies of scale, which results in better operating margin.

Rental Properties Vs. Residential REITs: Which Is Better?

Arbor Realty Trust

Broadcom

NIKE

The stock market could go up or down. But a few years from now, the best quality stocks will be worth more.

Buy Alert: 2 Top Dividend Growth Stocks With Secular Tailwinds

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announces the publication of its 2022 Environmental, Social, and Governance (“ESG”) Report which recognizes the Company's many ESG achievements to date as well as establishes an ambitious new set of goals that will shape the Company's ESG priorities over the next decade. “We are proud to share this year's report as we unveil a new set of goals that build upon the many accomplishments we've achieved to date. The establishm.

Essex Property Trust Publishes 2022 ESG Report and Establishes New Set of Goals

Crown Castle International

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SBA Communications

Terreno Realty

No junk. No terrible REITs with excess leverage hoping to support a fat yield. These REITs compound wealth for investors over the long haul.

10 REITs For The Long Haul

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U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since early February, the S&P 500 advanced 0.9%, but gains were skewed towards larger companies. The Mid-Cap 400 slipped 0.3%, and the Small-Cap 600 declined 1.0%.

Tale Of 2 Cities

News for Essex Property Trust Stock (ESS)