Essex Property Trust, Inc. which can be found using ticker (ESS) now have 20 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 273 and 195 and has a mean target at $237.00. Given that the stocks previous close was at $213.00 this now indicates there is a potential upside of 11.3%. The 50 day MA is $219.03 and the 200 moving average now moves to $235.37. The company has a market cap of $14,155m. Visit the company website at: https://www.essexapartmenthomes.com
The potential market cap would be $15,750m based on the market consensus.
Essex Property Trust, Inc., 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 4.36% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 33.77, revenue per share of 25.09 and a 2.6% return on assets.
