|Bid||0.0000 x 800|
|Ask||0.0000 x 800|
|Day's Range||57.3443 - 57.7600|
|52 Week Range||53.8300 - 67.7200|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.48%|
Real estate is an attractive investment category — and also a risky one. Owning physical real estate can provide attractive returns, but a lot can go wrong: tenants can leave in the middle of the night, pipes can burst and markets can change without warning.
The Institute of Supply Management (or ISM) releases a monthly report on economic activity in the non-manufacturing sector or the services sector. This report has a similar format as the manufacturing sector report and is prepared by conducting a survey of purchasing and supply executives in these sectors. In March, the service sector continued to grow but at a slower pace.
People want to know what areas of the market will do the best from the 2017 tax cut. One, currently under-valued, area are the REITs.
For October, service sector activity rose at a pace not seen since the inception of the report. The non-manufacturing index reached a lifetime high of 60.1.
In the last few months, the performance of the US economy has been impressive. The unemployment rate fell to 4.3% in August.
Essex Property Trust’s (ESS) performance expectations in 2017 are reflected in analysts' ratings for its stock. Analysts have given ESS a mean price target of $257.6.
The price-to-FFO (funds from operation) ratio is the most popular method of measuring the relative valuation of real estate investment trusts (or REIT) such as Essex Property Trust.
In order to function as real estate investment trusts (or REIT), companies such as Essex Property Trust (ESS) have to pay almost 90% of their taxable income out as dividends.
Real estate investment trusts (or REIT) such as Essex Property Trust (ESS) need to pay at least 90% of their taxable incomes as dividends or share buybacks as a prerequisite for functioning as REITs.
Rising optimism among citizens bodes well for REITs such as Essex Property Trust (ESS) AvalonBay Communities (AVB), Equity Residential (EQR), and UDR (UDR).
REITs such as Essex Property Trust (ESS) yielded high returns in the long period during which interest rates were below average.
Amid the shifting residential REIT scenario, Essex Property Trust (ESS) has been able to maintain its dominant position.
The current macroeconomic scenario is conducive for growth in the residential REIT (real estate investment trust) sector.
A slow and steady improvement in the job market and rising optimism among consumers about their economic welfare has triggered a spike in the construction sector.
The current economic environment has made investors skeptical about the real estate investment trust (or REIT) industry.
Currently, AvalonBay Communities is offering a next-12-month (or NTM) dividend yield of 3%, which is in line with its close competitors.
AvalonBay has been able to maintain a low debt-to-equity ratio in the last five years. The company reported a debt-to-equity ratio of ~1.5x in 1Q17.