Welcome to our dedicated page for Essex Ppty Tr news (Ticker: ESS), a resource for investors and traders seeking the latest updates and insights on Essex Ppty Tr stock.
Essex Property Trust (ESS) maintains its position as a leading West Coast multifamily REIT through strategic portfolio management and operational excellence. This news hub provides investors and stakeholders with essential updates spanning corporate developments, financial disclosures, and market activities.
Access timely reports on quarterly earnings, property acquisitions, leadership changes, and regional market expansions. Our curated collection ensures you stay informed about ESS's initiatives in Southern California, Northern California, and Seattle submarkets.
Discover analysis of capital allocation strategies, sustainability efforts, and demographic-driven growth plans. The repository serves both active traders monitoring short-term developments and long-term investors tracking fundamental performance indicators.
Bookmark this page for verified updates directly from corporate communications and trusted financial analysis sources. For comprehensive understanding of ESS's market position, combine these updates with our detailed company profile and historical performance data.
Essex Property Trust, Inc. (NYSE:ESS) will participate in the Bank of America Global Real Estate Conference on September 14, 2022, at 1:25 p.m. ET. The webcast can be accessed through the Investor section of the company's website, where an archived version will also be available for 90 days post-event. Essex is an S&P 500 company focused on multifamily residential properties, currently owning 253 communities with approximately 62,000 homes. For more information, visit www.essex.com.
Essex Property Trust (NYSE: ESS) announced Q2 2022 earnings, reporting Net Income of $0.87 per share, a 13% decline from Q2 2021, and Core FFO of $3.68 per share, up 21.1% year-over-year. Same-property revenues and net operating income (NOI) rose 12.7% and 16.7%, respectively. The company repurchased 218,960 shares for $60.8 million. While full-year Net Income guidance decreased by $0.31, Core FFO guidance increased by $0.29. Enhanced liquidity stands at $1.3 billion, supported by strong housing demand in key markets.
Essex Property Trust, Inc. (NYSE:ESS) will release its second quarter 2022 earnings on July 26, 2022, after market close. A conference call with senior management is set for July 27, 2022, at 11:00 a.m. PT. Investors can access the call via the company's website or by phone. Essex is a leading real estate investment trust focused on multifamily residential properties on the West Coast, currently managing 253 apartment communities with approximately 62,000 homes.
Essex Property Trust, Inc. (NYSE:ESS) announced an update to its June 2022 Investor Presentation, reflecting improved market conditions. The company has raised its second quarter and full-year guidance for Core FFO per share, same-property revenues, and net operating income, with revised midpoints surpassing previous highs. The changes aim to provide investors with a more favorable outlook as Essex continues to manage its multifamily residential properties on the West Coast. Additional details can be accessed on their website.
Essex Property Trust, Inc. (NYSE:ESS) has announced a quarterly cash dividend of $2.20 per share, set to be paid on July 15, 2022, to shareholders of record as of June 30, 2022. This dividend reflects the company's ongoing commitment to returning value to its investors. Essex is a fully integrated real estate investment trust (REIT) focused on multifamily residential properties along the West Coast, managing approximately 62,000 apartment homes across 253 communities, with two additional properties under development.
Essex Property Trust, Inc. (NYSE:ESS) has published its 2021 Corporate Social Responsibility (CSR) Report, highlighting significant advancements in Environmental, Social, and Governance (ESG) initiatives. Key achievements include issuing its first Task Force on Climate-related Financial Disclosures (TCFD) report, being listed on Newsweek’s Most Responsible Companies for the second consecutive year, and maintaining a 0% gender pay gap for three years. Women hold 50% of executive roles and 65% of managerial positions, reflecting the company’s commitment to diversity and sustainability.
Essex Property Trust, Inc. (NYSE: ESS) reported its first quarter 2022 earnings, revealing a 56.8% decline in net income to $1.12 per diluted share from $2.59 in Q1 2021, attributed to a prior-year gain on sale. However, Core FFO per diluted share rose 9.8% year-over-year, reaching $3.37, surpassing guidance. Same-property revenues and net operating income (NOI) grew 6.5% and 7.3% respectively. The company raised its full-year earnings guidance, projecting net income per share between $4.79 to $5.15 and Core FFO at $13.77 to $14.13. Additionally, a 5.3% dividend increase was announced.
Essex Property Trust, Inc. (NYSE:ESS) will release its first quarter 2022 earnings on April 26, 2022, after market close. A conference call is scheduled for April 27, 2022, at 11:00 a.m. PT (2:00 p.m. ET), open to the public. Investors can access the call via the Essex website or by phone. The company owns 253 apartment communities with about 62,000 apartment homes and is involved in the development of two additional properties. More information is available on its website.
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