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A buy recommendation with a score of five, a sell rating with a score of three, a hold rating with a score of twelve, and a buy rating with a score of five have all been assigned to the stock by research analysts.
The average price projection for the stock’s price over the next year made by brokers who covered the stock in the previous year is $253.84 per share.
This price forecast is for the next 12 months.
ESS was traded for the first time on Thursday for $216.79.
All three liquidity ratios—the current, quick, and debt-to-equity ratios—come in at 0.88, but the debt-to-equity ratio comes in at 1.01.
The company’s stock presently trades at a price-to-earnings ratio of 34.52, a PEG ratio of 2.18, and a beta coefficient of 0.74, giving it a market value of $13.99 billion. Over the prior year, the price of Essex Property Trust fluctuated between a low of $205.24 and a high of $363.36 at various points.
The moving average price of the company over the past 50 days is $225.10, and over the last 200 days, it has been $227.81.
ESS has received feedback from various research firms due to the nature of their collaboration. On December 7, KeyCorp decreased the target price that they had set for the shares of Essex Property Trust from $314.00 to $240.00, but they kept their “overweight” rating on the stock.
The target price had previously been set at $314.00.
In a research note released on Friday, December 16, JPMorgan Chase & Co lowered their rating for Essex Property Trust, moving it from “overweight” to “neutral.” They also lowered their target price, which had previously been set at $284.00, to $267.00. ye. commastmastmastmastmastmastmastmastmastmastmastmastmastmastmas, etc.
Barclays increased their price target for Essex Property Trust shares and upgraded the rating of Essex Property Trust to “underweight” in a research note published on March 1.
In a research note published on February 23, Mizuho raised their price target for Essex Property Trust from $235.00 to $246.00 and upgraded the stock from a “neutral” rating to a “buy” rating.
Both of these moves were made about the company’s stock.
A public statement regarding the payment of a quarterly dividend will be made by the company on April 14, according to a recent announcement just released to the public. On Friday, March 31, shareholders who had their records in good standing as of March 31 will be eligible to receive a $2.31 dividend payment per share. On Thursday, March 30, the dividend will be paid to shareholders.
The final product is a dividend payout of $9.24 per year and a yield of 4.26% per month.
This is an increase in the quarterly distribution amount compared to the prior amount, which was $2.20.
This is significant for Essex Property Trust.
The dividend payout ratio, also called the DPR, for Essex Property Trust is currently calculated to be 147.13%.
Recently, there has been a change in the perspective that hedge funds and other types of institutional investors take on the market. Steward Partners Investment Advisors LLC increased the total number of shares of Essex Property Trust that it owned by a factor of 100.0% during the fourth quarter. Steward Partners Investment Advisory LLC now has 120 shares of that company’s stock, worth a combined total of $25,000, after purchasing an additional 60 shares in the real estate investment trust during the relevant period.
During the second quarter of the fiscal year, CoreCap Advisors LLC spent $27,000 to purchase a new share of stock in Essex Property Trust.
A donation of $45,000 was made to Essex Property Trust by US Asset Management LLC during the last three months of the year 2018.
A fresh investment of $47,000 was made in Essex Property Trust by SeaCrest Wealth Management LLC during the second quarter of the year.
This expenditure was for the establishment of a new holding.
Last but not least, during the third quarter, Bessemer Group INC increased the percentage of Essex Property Trust shares it owned by 136.1%.
This certainly should not be considered the least important development.
After making an additional purchase of 147 shares during the relevant period, Bessemer Group INC now has 255 shares of the real estate investment trust, worth a combined total of $61,000.
This brings the total number of shares the company owns in the REIT to 255.
The vast majority of the company’s stock is owned by large financial institutions, which account for 91.76 percent of the total.
REIT stands for real estate investment trust, which is exactly what Essex Property Trust, INC is.
They invest in real estate.
The commercial operations of this company primarily consist of the ownership and management of apartment complexes, as well as the development, acquisition, and remodeling of these properties.
The company was founded by George M.
Marcus in 1971. Since then, it has made the city of San Mateo in California the permanent home for its administrative offices.