|Bid||232.24 x 900|
|Ask||286.25 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|
|Earnings Date||Oct 24, 2022 - Oct 28, 2022|
|Forward Dividend & Yield||8.80 (3.55%)|
|Ex-Dividend Date||Sept 29, 2022|
|1y Target Est||310.59|
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.
SAN MATEO, Calif., September 15, 2022--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.20 per common share, payable October 14, 2022 to shareholders of record as of September 30, 2022.