Essex Ppty Tr Inc Stock Price, News & Analysis

Essex Property Trust (NYSE:ESS), an S&P 500 REIT, has announced a quarterly cash dividend of $2.57 per common share. The dividend will be payable on October 15, 2025, to shareholders of record as of September 30, 2025.

Essex Property Trust specializes in multifamily residential properties on the West Coast, currently managing 258 apartment communities with over 62,000 apartment homes and an additional property under development.

Essex Property Trust (NYSE:ESS) reported strong Q2 2025 results, exceeding guidance and raising its full-year outlook. The company achieved Net Income of $3.44 per share, up 137.2% year-over-year, primarily due to a $126.2 million gain on property sale. Core FFO reached $4.03 per share, growing 2.3% from Q2 2024.

Same-property portfolio showed solid performance with revenue growth of 3.2% and NOI growth of 3.3% year-over-year. The company completed strategic transactions, including $240.5 million in acquisitions in Northern California and a $239.6 million disposition in Southern California.

Essex raised its full-year 2025 guidance, now projecting Core FFO of $15.80-$16.02 per share and same-property NOI growth of 2.70-3.50%. The company maintains strong liquidity of approximately $1.5 billion as of July 25, 2025.

Essex Property Trust (NYSE:ESS), an S&P 500 REIT, has scheduled its second quarter 2025 earnings release for July 29, 2025 after market close. The company will host a conference call with senior management on July 30, 2025 at 9:00 a.m. PT/12:00 p.m. ET.

Essex Property Trust manages a portfolio of 257 apartment communities with over 62,000 apartment homes across selected West Coast markets, with an additional property under development. The earnings call will be accessible via webcast on the company's website and through dial-in options, with replay available for 30 days online and 7 days digitally.

Essex Property Trust (NYSE:ESS), a leading REIT managing over 62,000 apartment homes, has released its 2024 Sustainability and Impact Report highlighting significant environmental and corporate achievements. The company has received SBTi approval for new emissions reduction targets and achieved a 12% reduction in Scope 1 and 2 GHG emissions compared to 2023.

Notable accomplishments include earning a GRESB score of 86 with a four-star designation, being named to Newsweek's List of Most Responsible Companies for the fifth consecutive year, and recognition by U.S. News and World Report as a 2024-2025 Best Company to Work For.

Essex Property Trust (NYSE:ESS) has been recognized as a 2025-2026 Best Company to Work For by U.S. News & World Report in three distinct categories. The company received accolades as a Best Company to Work For in Real Estate and Facilities Management, as well as a Best Company to Work For in the West. Essex Property Trust, an S&P 500 REIT, currently manages a portfolio of 257 apartment communities with over 62,000 apartment homes across selected West Coast markets.

Essex Property Trust (NYSE:ESS) has announced its latest quarterly dividend distribution. The company's Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share. The dividend will be payable on July 15, 2025, to shareholders of record as of June 30, 2025.

Essex Property Trust, an S&P 500 REIT company, specializes in multifamily residential properties on the West Coast. The company currently manages 257 apartment communities with over 62,000 apartment homes and has an additional property under development.

Essex Property Trust reported mixed Q1 2025 financial results, with Core FFO per share growing 3.7% to $3.97, exceeding guidance by $0.05. However, Net Income declined 25.6% to $3.16 per share compared to Q4 2024.

Key highlights include:

• Same-property revenue growth of 3.4% and NOI growth of 3.3% year-over-year
• Acquired three Northern California properties for $345.4 million
• Sold a Southern California property for $127 million
• Issued $400 million in 10-year senior notes at 5.375%
• Increased dividend by 4.9% to $10.28 per share annually

The company maintained its full-year 2025 guidance with same-property revenue growth projected at 2.25% to 3.75%. Portfolio occupancy remains strong at 96.3%, with notable performance in Northern California (96.8%) and Seattle Metro (96.3%). Essex continues to execute its strategic growth plan with new acquisitions and development projects in core West Coast markets.

Essex Property Trust (NYSE:ESS) has scheduled the release of its first quarter 2025 earnings after market close on Tuesday, April 29, 2025. The company will host a conference call with senior management on Wednesday, April 30, 2025, at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time).

The conference call will be accessible to all interested parties via internet webcast at www.essex.com or by phone. A replay will be available online for 30 days and digitally for 7 days using the Replay Pin Number 13752743.

Essex Property Trust, an S&P 500 REIT, currently manages a portfolio of 257 apartment communities with over 62,000 apartment homes across selected West Coast markets, with an additional property under development.

Essex Property Trust (NYSE:ESS) has announced significant transaction activity in early 2025, focusing on portfolio reallocation towards Northern California. The company acquired three properties for a total of $345.5 million, comprising 619 apartment homes in Foster City and Menlo Park. These include The Plaza ($161.4M), One Hundred Grand ($105.3M), and ROEN Menlo Park ($78.8M).

Simultaneously, Essex disposed of two Southern California properties for $366.6 million, including Highridge in Rancho Palos Verdes ($127.0M) and Essex Skyline in Santa Ana ($239.6M), totaling 605 apartment homes. The match-funded transactions are reported to be net neutral to the Company's 2025 Core FFO forecast.

The strategic moves target submarkets where Essex anticipates lower supply and higher rent growth, aiming to optimize their operating platform and generate additional yield for investors.