Essex Property Trust, Inc. operates as a real estate investment trust. The company is headquartered in San Mateo, California and currently employs 1,715 full-time employees. The firm acquires, develops, redevelops, and manages apartment communities in selected residential areas located on the West Coast of the United States. The firm defines its operating segments as the three geographical regions in which its communities are located: Southern California, Northern California, and Seattle metro. The company has ownership interests in approximately 257 apartment communities comprising over 62,000 apartment homes. The firm owns all of its interests in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. The company invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. The company focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities.
Follow-Up Questions
What is Essex Property Trust Inc (ESS)'s P/E Ratio?
The P/E ratio of Essex Property Trust Inc is 22.3718
What is the price performance of ESS stock?
The current price of ESS is $254.33, it has increased 0% in the last trading day.
What are the primary business themes or industries for Essex Property Trust Inc?
Essex Property Trust Inc belongs to Real Estate industry and the sector is Real Estate
What is Essex Property Trust Inc market cap?
Essex Property Trust Inc's current market cap is $16.3B
Is Essex Property Trust Inc a buy, sell, or hold?
According to wall street analysts, 25 analysts have made analyst ratings for Essex Property Trust Inc, including 2 strong buy, 9 buy, 17 hold, 1 sell, and 2 strong sell