essex property trust, inc., is a fully integrated real estate investment trust (reit) that acquires, develops, redevelops, and manages multifamily residential properties in selected west coast communities. since its founding in 1971, essex has developed a clearly defined approach for creating value and managing risk. the company's approach has three components - a sound real estate strategy, an experienced management team, and a strong financial condition. these three factors have contributed to the company's historical results and future growth potential.
![Essex Property Trust logo](/files/LOGO/920522-ESS.png)
Company profile
Ticker
ESS
Exchange
Website
CEO
Michael Schall
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ESSEX PORTFOLIO LP, ESSEX PROPERTY TRUST INC
SEC CIK
Corporate docs
Subsidiaries
360 Residences, L.P. • 500 Folsom, LP • 8th & Republican SPE, LLC • 8th and Republican, LLC • Anavia Apartments, LLC • Belmont Affordable Partners, L.P. • BEX FMCA, LLC • BEX II GP, LLC • BEX II, LLC • BEX III GP, LLC ...
IRS number
770369576
ESS stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
31 May 24
8-K
Submission of Matters to a Vote of Security Holders
16 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Earnings Release and Supplemental Data
30 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
8-K
Entry into a Material Definitive Agreement
14 Mar 24
8-K
Essex Property Trust Prices $350 Million of Senior Notes
8 Mar 24
424B2
Prospectus for primary offering
8 Mar 24
Transcripts
ESS
Earnings call transcript
2023 Q4
7 Feb 24
ESS
Earnings call transcript
2023 Q3
27 Oct 23
ESS
Earnings call transcript
2023 Q2
28 Jul 23
ESS
Earnings call transcript
2022 Q4
8 Feb 23
ESS
Earnings call transcript
2020 Q2
4 Aug 20
ESS
Earnings call transcript
2020 Q1
8 May 20
ESS
Earnings call transcript
2019 Q4
30 Jan 20
ESS
Earnings call transcript
2019 Q3
26 Oct 19
ESS
Earnings call transcript
2019 Q2
25 Jul 19
ESS
Earnings call transcript
2019 Q1
25 Apr 19
Latest ownership filings
144
Notice of proposed sale of securities
18 Jul 24
4
Angela L. Kleiman
25 Jun 24
144
Notice of proposed sale of securities
21 Jun 24
4
KEITH R GUERICKE
18 Jun 24
144
Notice of proposed sale of securities
14 Jun 24
4
GEORGE M MARCUS
16 May 24
4
John V Arabia
16 May 24
4
KEITH R GUERICKE
16 May 24
4
ANNE B GUST
16 May 24
4
MARIA R HAWTHORNE
16 May 24
Financial summary
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Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Institutional ownership, Q1 2024
92.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 518 |
Opened positions | 145 |
Closed positions | 57 |
Increased positions | 156 |
Reduced positions | 138 |
13F shares | Current |
---|---|
Total value | 12.22 tn |
Total shares | 59.22 mm |
Total puts | 117.90 k |
Total calls | 50.60 k |
Total put/call ratio | 2.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.24 mm | $2.51 tn |
BLK Blackrock | 6.53 mm | $1.60 tn |
STT State Street | 5.50 mm | $1.36 tn |
CNS Cohen & Steers | 5.02 mm | $1.23 bn |
PFG Principal Financial Group Inc - Registered Shares | 2.49 mm | $608.84 bn |
T. Rowe Price | 1.83 mm | $448.70 mm |
Geode Capital Management | 1.58 mm | $386.62 bn |
FMR | 1.28 mm | $313.59 bn |
Massachusetts Financial Services | 1.12 mm | $273.70 bn |
LGEN Legal & General | 1.10 mm | $270.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Jun 24 | Kleiman Angela L. | Common Stock | Sell | Dispose S | No | No | 278.27 | 3,780 | 1.05 mm | 9,494 |
14 Jun 24 | Guericke Keith R | Common Stock | Sell | Dispose S | No | No | 274.57 | 10,000 | 2.75 mm | 16,118 |
14 May 24 | Lyons Irving F Iii | Common Stock | Grant | Acquire A | No | No | 0 | 585 | 0.00 | 9,155 |
14 May 24 | Kasaris Mary | Common Stock | Grant | Acquire A | No | No | 0 | 585 | 0.00 | 1,755 |
14 May 24 | Johnson Amal M | Common Stock | Grant | Acquire A | No | No | 0 | 585 | 0.00 | 2,585 |
News
UBS Maintains Neutral on Essex Property Trust, Raises Price Target to $283
18 Jul 24
Foreigners Don't Want Your US Home: Sales Drop To 15-Year Lows For International Buyers
17 Jul 24
Should You Retain AvalonBay Stock in Your Portfolio Now?
17 Jul 24
Analyst Scoreboard: 15 Ratings For Essex Property Trust
9 Jul 24
Stifel Maintains Hold on Essex Property Trust, Raises Price Target to $267
9 Jul 24
Press releases
Public Storage Appoints New Independent Trustee
25 Jul 24
Essex Announces Release and Conference Call Dates for Its Second Quarter 2024 Earnings
3 Jul 24
Essex Property Trust Declares Quarterly Distributions
15 May 24
National Storage Affiliates Trust Announces the Election of Michael Schall to the Board of Trustees
13 May 24
Essex Announces First Quarter 2024 Results and Raises Full-Year 2024 Guidance
30 Apr 24