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Recent Analyst Ratings for $ESS
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/21/2025 | $308.00 → $310.00 | Hold → Buy | Deutsche Bank |
1/13/2025 | $323.00 → $310.00 | Market Perform → Outperform | BMO Capital Markets |
12/17/2024 | $316.00 | Equal Weight | Barclays |
12/17/2024 | $297.00 → $303.00 | Neutral → Underweight | Analyst |
10/21/2024 | Outperform → Mkt Perform | Raymond James | |
9/24/2024 | $307.00 → $321.00 | Buy → Neutral | BofA Securities |
9/11/2024 | $333.00 | Outperform | Exane BNP Paribas |
9/4/2024 | $318.00 | Neutral | Goldman |
Essex Property Trust Prices $400 Million of Senior Notes
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 $400 million aggregate principal amount of 5.375% senior notes due 2035 (the "Notes"). The Notes were priced at 99.604% of par value with a yield to maturity of 5.425%. Interest is payable semiannually at an interest rate per annum of 5.375% on April 1 and October 1 of each year with the first interest payment due October 1, 2025. The Notes mature on April 1, 2035. The Notes will be the senior unsecured obligations of the Issuer and will be fully and unconditionally guaranteed by Essex. The Notes offering is expected
Essex Announces Fourth Quarter and Full-Year 2024 Results and Provides 2025 Guidance
Essex Property Trust, Inc. (NYSE:ESS) (the "Company") announced today its fourth quarter and full-year 2024 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, 2024 are detailed below. Three Months Ended December 31, Twelve Months Ended December 31, % % 2024 2023 Change 2024 2023 Change Per Diluted Share Net Income $4.00 $1.02 292.2% $11.54 $6.32 82.6% Total FFO
Essex Reports Characteristics of 2024 Dividends
Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Payment Cash Distribution Ordinary Taxable Qualified Return of Capital Gain Unrecaptured Section 1250 Capital Gain Section 199A Section 897 Date Date Per Share Dividend Dividend Capital (20% rate) (25% rate) Dividend Gain 1/2/2024 1/12/2024 $2.31000 $2.26821 $0.00000 $0.00000 $0.04179 $0.00000
Essex Property upgraded by Deutsche Bank with a new price target
Deutsche Bank upgraded Essex Property from Hold to Buy and set a new price target of $310.00 from $308.00 previously
Essex Property upgraded by BMO Capital Markets with a new price target
BMO Capital Markets upgraded Essex Property from Market Perform to Outperform and set a new price target of $310.00 from $323.00 previously
Barclays initiated coverage on Essex Property with a new price target
Barclays initiated coverage of Essex Property with a rating of Equal Weight and set a new price target of $316.00
GVP and CAO Mcgreevy Brennan covered exercise/tax liability with 60 shares, decreasing direct ownership by 8% to 656 units (SEC Form 4)
4 - ESSEX PROPERTY TRUST, INC. (0000920522) (Issuer)
EVP & Chief Investment Officer Burns Rylan covered exercise/tax liability with 80 shares, decreasing direct ownership by 4% to 1,966 units (SEC Form 4)
4 - ESSEX PROPERTY TRUST, INC. (0000920522) (Issuer)
EVP, CAO & General Counsel Morrison Anne covered exercise/tax liability with 81 shares, decreasing direct ownership by 3% to 2,744 units (SEC Form 4)
4 - ESSEX PROPERTY TRUST, INC. (0000920522) (Issuer)
SEC Form 424B5 filed by Essex Property Trust Inc.
424B5 - ESSEX PROPERTY TRUST, INC. (0000920522) (Filer)
SEC Form DEF 14A filed by Essex Property Trust Inc.
DEF 14A - ESSEX PROPERTY TRUST, INC. (0000920522) (Filer)
SEC Form ARS filed by Essex Property Trust Inc.
ARS - ESSEX PROPERTY TRUST, INC. (0000920522) (Filer)
Public Storage Appoints New Independent Trustee
Public Storage (NYSE:PSA) (the "Company") announced today the appointment of Maria R. Hawthorne to its Board of Trustees, effective immediately, with an initial term expiring at the 2025 annual meeting of shareholders. Ms. Hawthorne will serve as a member of the Audit Committee. Ms. Hawthorne brings over 35 years of real estate industry experience, including extensive executive management, operational, and leadership development experience. Ms. Hawthorne has been a member of the board of directors of Essex Property Trust, Inc. (NYSE:ESS), a REIT that acquires, develops, redevelops, and manages multifamily residential properties, since March 2020, and of ASGN Incorporated (NYSE:ASGN), a le
Essex Announces the Planned Retirement of Michael J. Schall as President & CEO and Appointment of Angela L. Kleiman as Successor
Essex Property Trust, Inc. (NYSE:ESS) announced today the planned retirement of Michael J. Schall, the Company's President and CEO since 2011, effective March 31, 2023. Thereafter, Mr. Schall will continue to serve on the Company's Board of Directors and will remain on as a part-time employee. The Board of Directors has appointed Angela L. Kleiman, the Company's Senior Executive Vice President and Chief Operating Officer, to succeed Mr. Schall as President and CEO. "Throughout his long career at Essex, Mike's strategic vision and strong leadership has driven Essex's growth and success. He has developed a culture of achievement, assembled a strong executive team, and has been a prudent stew
REXFORD INDUSTRIAL ANNOUNCES APPOINTMENT OF ANGELA KLEIMAN TO BOARD OF DIRECTORS
LOS ANGELES, Dec. 27, 2021 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE:REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced that Angela Kleiman has been appointed as an independent director to the Company's Board of Directors effective December 31, 2021. Ms. Kleiman is currently Senior Executive Vice President and Chief Operating Officer of Essex Property Trust (NYSE:ESS), a fully integrated real estate
Essex Announces Fourth Quarter and Full-Year 2024 Results and Provides 2025 Guidance
Essex Property Trust, Inc. (NYSE:ESS) (the "Company") announced today its fourth quarter and full-year 2024 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, 2024 are detailed below. Three Months Ended December 31, Twelve Months Ended December 31, % % 2024 2023 Change 2024 2023 Change Per Diluted Share Net Income $4.00 $1.02 292.2% $11.54 $6.32 82.6% Total FFO
Essex Reports Characteristics of 2024 Dividends
Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Payment Cash Distribution Ordinary Taxable Qualified Return of Capital Gain Unrecaptured Section 1250 Capital Gain Section 199A Section 897 Date Date Per Share Dividend Dividend Capital (20% rate) (25% rate) Dividend Gain 1/2/2024 1/12/2024 $2.31000 $2.26821 $0.00000 $0.00000 $0.04179 $0.00000
Essex Announces Release and Conference Call Dates for Its Fourth Quarter 2024 Earnings
Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its fourth quarter 2024 earnings after the market closes on Tuesday, February 4, 2025. A conference call with senior management is scheduled for Wednesday, February 5, 2025 at 9:00 a.m. Pacific Time or 12:00 p.m. Eastern Time. The fourth quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the fourth quarter earnings webcast. Phone: Dial toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary. Replay: A rebroadcast of the live call will be available online for 30 days and digitally for 7 days. To access
Amendment: SEC Form SC 13G/A filed by Essex Property Trust Inc.
SC 13G/A - ESSEX PROPERTY TRUST, INC. (0000920522) (Subject)
SEC Form SC 13G/A filed by Essex Property Trust Inc. (Amendment)
SC 13G/A - ESSEX PROPERTY TRUST, INC. (0000920522) (Subject)
SEC Form SC 13G/A filed by Essex Property Trust Inc. (Amendment)
SC 13G/A - ESSEX PROPERTY TRUST, INC. (0000920522) (Subject)