Setting A New 52 Week High, Essex Property Trust Inc (NYSE:ESS) Settle At $298.83

Essex Property Trust Inc (NYSE:ESS)

June 12th, 2019

Amidst falling markets Essex Property Trust Inc fell ($0.19) Wednesday which equals a 0.06% decline, closing at $298.83. Despite the drop in price it hit a new 52 week high of $300.96.

ESS was outperformed by the rest of the Real Estate sector which went up 0.26%.

Essex Property Trust Inc is listed on the S&P 500 index, and was one of 259 stocks that dropped today. Weighted by market cap, ESS represents about 0.08% of the S&P 500.

Expectations from 23 analysts suggest that Essex Property Trust Inc might drop somewhat (-0.35%), while Finbox has calculated (with very high uncertainty) a fair value price of $241.67.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending up. Utilities saw the biggest increase of the day (1.33%), while the Energy sector saw the biggest drop (-1.44%). Information Technology has seen the biggest year-to-date gain of 23.77%.

Energy and Financials saw turn-arounds from their five day positive performances with Energy dropping -1.44%.

Sector Breakdown

  • Utilities, up 1.33%.
  • Healthcare, up 0.51%.
  • Materials, up 0.31%.
  • Real Estate, up 0.26%.
  • Industrials, up 0.20%.
  • Consumer Staples, up 0.04%.
  • Consumer Discretionary, down -0.11%.
  • Communication Services, down -0.28%.
  • Information Technology, down -0.58%.
  • Financials, down -0.95%.
  • Energy, down -1.44%.

Essex Property Trust Inc Info

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 245 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

All amounts in USD unless otherwise indicated

ESS daily update
ESS daily update

Via UnSplash

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