|Bid||210.10 x 1200|
|Ask||230.58 x 800|
|Day's range||224.05 - 232.11|
|52-week range||205.24 - 363.36|
|Beta (5Y monthly)||0.77|
|PE ratio (TTM)||41.72|
|Forward dividend & yield||8.80 (3.88%)|
|Ex-dividend date||30 Dec 2022|
|1y target est||N/A|
Essex Property Trust (ESS) delivered FFO and revenue surprises of 0.80% and 0.87%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
While Essex Property's (ESS) Q4 results are likely to show the benefits of a solid property base and technological initiatives, softness in demand in the quarter might have limited the growth tempo.
Mid-America Apartment Communities and Essex Property Trust have a lot in common, but one seems to be a slightly better buy.