Essex Property Trust which can be found using ticker (ESS) now have 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 266 and 195 calculating the average target price we see $235.80. Given that the stocks previous close was at $211.68 and the analysts are correct then we can expect a percentage increase in value of 11.4%. Also worth taking note is the 50 day moving average now sits at $216.97 and the 200 day moving average is $234.04. The market cap for the company is $13,872m. Find out more information at: https://www.essexapartmenthomes.com
The potential market cap would be $15,453m based on the market consensus.
Essex Property Trust, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
The company has a dividend yield of 4.45% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 33.1, revenue per share of 25.09 and a 2.6% return on assets.
