|Bid||232.24 x 900|
|Ask||0.00 x 800|
|Day's Range||236.01 - 241.72|
|52 Week Range||236.01 - 363.36|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||40.31|
|Forward Dividend & Yield||8.80 (3.55%)|
|Ex-Dividend Date||Sept 29, 2022|
|1y Target Est||N/A|
Essex Property's (ESS) recent price correction offers investors a chance to add the stock to their portfolio, given its strong growth potential on the back of recovering West Coast market fundamentals.
Essex Property (ESS) is well-poised to benefit from the favorable West Coast market fundamentals and a solid balance sheet. However, outmigration trends and interest rate hikes are concerning.
Investors need to pay close attention to Essex Property (ESS) stock based on the movements in the options market lately.