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Wed, 24 Apr 2024 13:27:00 +0000	Equity Residential (EQR) Q1 FFO Tops on Solid Demand, Cost Focus Equity Residential's (EQR) Q1 results highlight healthy demand and cost containment efforts.
Tue, 23 Apr 2024 21:25:04 +0000	Equity Residential (EQR) Q1 FFO and Revenues Top Estimates Equity Residential (EQR) delivered FFO and revenue surprises of 2.20% and 0.14%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Mon, 15 Apr 2024 15:40:11 +0000	CSR vs. ESS: Which Stock Is the Better Value Option? CSR vs. ESS: Which Stock Is the Better Value Option?
Thu, 11 Apr 2024 17:30:00 +0000	Analyst Drops Price Targets On 8 Residential REITs In One Day Right or wrong, investors rely on the opinions of Wall Street analysts a great deal when evaluating which stocks will appreciate the most. An analyst's projection of the future price of a security is called a price target and encompasses a 12- to 18-month outlook. The best analysts are only correct about 50% of the time because it's difficult to predict economic trends so far out into the future, and there are always unexpected positive or negative events in a company that can affect its stock p
Mon, 08 Apr 2024 17:32:47 +0000	Analysts Just Upgraded These 4 REITs The start of the second quarter of 2024 has been challenging for real estate investment trusts (REITs). On Good Friday, when Federal Reserve Chairman Jerome Powell noted that higher-than-expected strength in job gains and inflation may delay or reduce interest rate cuts in 2024, markets again sold off interest rate-sensitive stocks such as REITs. Despite the latest disappointment, there was some good news last week, as analysts upgraded several REITs and raised price targets on many others while
Fri, 05 Apr 2024 20:15:00 +0000	Essex Announces Release and Conference Call Dates for Its First Quarter 2024 Earnings SAN MATEO, Calif., April 05, 2024--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its first quarter 2024 earnings after the market closes on Tuesday, April 30, 2024. A conference call with senior management is scheduled for Wednesday, May 1, 2024 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time.
Sun, 31 Mar 2024 15:47:33 +0000	Top 10 Dividend Aristocrats by Yield: April 2024 In this article, we discuss top 10 dividend aristocrats according to dividend yields. You can skip our detailed analysis of dividend aristocrats and their previous performance, and go directly to read Top 5 Dividend Aristocrats by Yield: April 2024. Dividend Aristocrats are special. Out of roughly 6,000 stocks listed on the NYSE and NASDAQ, only […]
Sun, 31 Mar 2024 11:15:00 +0000	Looking for a Reliable Investment? These 3 REITs Are Less Volatile Than the S&P 500. Many REITs produce higher returns with less volatility than the S&P 500.
Tue, 26 Mar 2024 15:00:00 +0000	Essex Property (ESS) Buys JV Partner's Stake in BEXAEW Portfolio Essex Property (ESS) acquires its joint venture partner's 49.9% stake in the BEXAEW portfolio, which comprises four properties and generated an 11.4% IRR.
Mon, 25 Mar 2024 13:00:00 +0000	Essex Property Trust Acquires Joint Venture Partner’s Interest in Four Communities Comprising 1,480 Apartment Homes SAN MATEO, Calif., March 25, 2024--Essex Property Trust, Inc. (NYSE:ESS) announced today that it acquired its joint venture partner’s 49.9% interest in the BEXAEW portfolio for a total purchase price of $505.0 million on a gross basis. The seller’s cap rate is approximately 5.25%; however, after incorporating additional economic benefits by fully integrating this portfolio into our operating platform, we estimate a 5.9% year-one yield. Concurrent with closing, the Company repaid $219.9 million o
Tue, 12 Mar 2024 15:40:10 +0000	CSR or ESS: Which Is the Better Value Stock Right Now? CSR vs. ESS: Which Stock Is the Better Value Option?
Mon, 11 Mar 2024 15:54:00 +0000	Is it Wise to Retain Essex Property (ESS) in Your Portfolio? Essex Property (ESS) is likely to benefit from favorable West Coast market fundamentals and a healthy balance sheet. However, an elevated supply in some markets and high interest rates are worrisome.
Fri, 08 Mar 2024 18:51:29 +0000	Four REITs That Just Raised Dividends Investors who purchase real estate investment trusts (REITs) often do so for the income that most REITs produce in the form of monthly or quarterly dividends. When REITs announce dividend increases, investors either celebrate a raise in annual income or a chance to reinvest in an increased number of shares of the stock. In addition to these increases, dividend raises signify a REIT's belief in its ability to continue generating strong revenue and earnings that allow it to continue providing shar
Thu, 07 Mar 2024 22:20:00 +0000	Essex Property Trust Prices $350 Million of Senior Notes SAN MATEO, Calif., March 07, 2024--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 $350 million aggregate principal amount of 5.500% senior notes due 2034 (the "Notes"). The Notes were priced at 99.752% of par value with a yield to maturity of 5.532%. Interest is payable semiannually at an interest rate per annum of 5.500% on April 1 and October 1 of each year with the
Sat, 02 Mar 2024 04:36:39 +0000	Director LYONS IRVING F III Sells Shares of Essex Property Trust Inc (ESS) Essex Property Trust Inc (NYSE:ESS) experienced an insider sell on February 28, 2024, according to a recent SEC filing.
Fri, 01 Mar 2024 21:15:00 +0000	Essex Property Trust to Present at The 2024 Citigroup Global Property CEO Conference SAN MATEO, Calif., March 01, 2024--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2024 Citigroup Global Property CEO Conference held in Hollywood, FL on Tuesday, March 5, 2024, at 11:40 a.m. Eastern Time.
Wed, 28 Feb 2024 17:32:28 +0000	Morgan Stanley Raises Price Targets On A Half Dozen REITs It's always interesting to see the nuances of consistency when analysts raise price targets on stocks. Often, they will increase price targets on groups of stocks in a certain sector. Sometimes an analyst will announce price hikes that are similar to one or two other analysts from the same firm on the same day. Is that a coincidence? It doesn't seem to be. For example, on Feb. 26, three Morgan Stanley analysts maintained Equal-Weight ratings on six different REITs, while raising the price target
Sun, 25 Feb 2024 12:12:00 +0000	Forget Annaly Capital; These Unstoppable Stocks Are Better Buys Annaly has a huge yield, but a terrible dividend history. This trio of REITs has dividends you can count on.
Thu, 22 Feb 2024 21:15:00 +0000	Essex Announces its 30th Consecutive Annual Dividend Increase SAN MATEO, Calif., February 22, 2024--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 6.1% increase to its annual cash dividend. This represents the Company’s 30th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.45 per share, payable on April 12, 2024 to shareholders of record as of March 29, 2024. On an annualized basis, the dividend represents a distribution of $9.80 per common share.
Thu, 08 Feb 2024 13:53:34 +0000	Essex Property Trust, Inc. (NYSE:ESS) Q4 2023 Earnings Call Transcript Essex Property Trust, Inc. (NYSE:ESS) Q4 2023 Earnings Call Transcript February 7, 2024 Essex Property Trust, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the Essex Property Trust Fourth Quarter 2023 Earnings Conference Call. […]