245.41 0.00 (0.00%)
After hours: 5:05PM EDT
|Bid||210.00 x 800|
|Ask||0.00 x 900|
|Day's Range||244.06 - 246.03|
|52 Week Range||214.03 - 264.07|
|PE Ratio (TTM)||43.31|
|Forward Dividend & Yield||7.44 (3.02%)|
|1y Target Est||N/A|
The big shareholder groups in ES-System Spólka Akcyjna (WSE:ESS) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease theirRead More...
As renters flee San Francisco and Silicon Valley, one developer is hoping to pull the expats to an unexpected place: Union City. Windflower Properties LLC recently started leasing out Union Flats, a 243-unit apartment development next to BART at 34588 11th St. Starting prices range from $2,315 to $3,310 for one- or two-bedroom units. In San Francisco, the median rental price for a one-bedroom is $3,680, while a two-bedroom goes for $4,113.
Essex Property Trust (ESS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A measure on the November ballot could eliminate the current ban on rent control in California opening up uncertainties for landlords, especially large publicly traded companies that own thousands of apartments in the state.
Leading the charge was Netflix (NASDAQ:NFLX), up 5.8% in response to an upgrade from SunTrust analyst Matthew Thornton. Thornton believes last quarter’s slowdown in subscriber growth was the result of fixation on World Cup soccer. Working against the market was a poor performance from Foot Locker (NYSE:FL).
Editor's note: The San Francisco Business Times recently launched this weekly real estate digest featuring a round-up of local news items, musings from notable figures, insights from other publications and must-reads from our own newsroom. Please email digest editor Emily Fancher (email@example.com) with any feedback, suggestions or possible news items for this feature. The City of Alameda seeks a developer to build a mixed-use development on a 22.8-acre site on Alameda Point, a former naval air station. Read more about the request for qualifications here. The site, known as West Midway, is approved for up to 291 homes and no set limit on commercial or light industrial development.
Essex Property Trust Inc (NYSE: ESS ) reported a strong second-quarter earnings beat Wednesday. Earnings per share came in at $1.52 versus the $1.13 analysts were expecting. The Analyst Stifel analyst ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ESS. Over the last month, growth of ETFs holding ESS is favorable, with net inflows of $10.16 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
Essex Property's (ESS) performance in Q2 mirrors growth in same-property net operating income and high financial occupancies amid improving economy and job gains that helped drive housing demand.
Essex Property Trust (ESS) delivered earnings and revenue surprises of 1.29% and 0.04%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The San Mateo, California-based real estate investment trust said it had funds from operations of $214.6 million, or $3.14 per share, in the period. The average estimate of 11 analysts surveyed by Zacks ...
Essex Property's (ESS) Q2 results likely to reflect benefit from strategically-positioned properties in the high growth region of West Coast. However, rising supply might have impeded growth momentum.
Equity Residential (EQR) always looks for opportunities to enhance shareholder wealth through its reinvestment strategies. It not only acquires or develops a property to earn rental income throughout the lifetime of the asset but also looks for options to take advantage of value appreciation in its properties and reinvest unleashed capital in more lucrative opportunities.
Equity Residential’s (EQR) second-quarter top line beat Wall Street estimates and marked a YoY (year-over-year) improvement, mainly driven by increased same-store revenues. Its same-store revenues, which include 72,629 apartment units, rose 2.2% YoY to $599.6 million.
On July 25, Equity Residential (EQR) posted FFO (funds from operations) of $0.81 for Q2 2018, beating Wall Street’s expectations by a penny and exceeding the mid-point of management’s guidance of $0.77–$0.81. That marked an improvement of $0.04 (or 5.2%) from FFO of $0.77 in Q2 2017. Increased rentals, higher occupancy rates, and upside margins benefited its second-quarter bottom-line results.