Equities

Essex Property Trust Inc

Essex Property Trust Inc

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Real EstateReal Estate Investment Trusts
  • Price (USD)304.66
  • Today's Change8.12 / 2.74%
  • Shares traded441.84k
  • 1 Year change+44.47%
  • Beta0.9149
Data delayed at least 15 minutes, as of Nov 09 2024.
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About the company

Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the United States. The Company operates through three segments: California, Northern California and Seattle Metro. The Company owns approximately interests in 256 operating apartment communities, aggregating 63,480 apartment homes. The Company owns all of its interest 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.

  • Revenue in USD (TTM)1.74bn
  • Net income in USD549.46m
  • Incorporated1994
  • Employees1.75k
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Institutional shareholders

52.48%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Jun 20249.88m15.39%
SSgA Funds Management, Inc.as of 30 Sep 20245.17m8.05%
Cohen & Steers Capital Management, Inc.as of 30 Jun 20245.03m7.83%
BlackRock Fund Advisorsas of 30 Jun 20244.37m6.80%
Norges Bank Investment Managementas of 30 Jun 20242.74m4.26%
Geode Capital Management LLCas of 30 Jun 20241.70m2.65%
Principal Global Investors LLCas of 30 Sep 20241.40m2.18%
T. Rowe Price Associates, Inc. (IM)as of 30 Jun 20241.26m1.97%
Massachusetts Financial Services Co.as of 30 Jun 20241.15m1.78%
Daiwa Asset Management Co. Ltd.as of 30 Jun 20241.00m1.56%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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