Essex Property Trust Publishes Updated Investor Presentation and Increases Guidance
Essex Property Trust, Inc. (NYSE:ESS) announced today that it has published an updated Investor Presentation and increased its second quarter and full-year guidance for Core FFO and full-year guidance for same-property revenues and net operating income as a result of improving market conditions. Additional details can be found in the updated Investor Presentation which can be accessed on the Investors section of the Company’s website at www.essex.com.
The Company is scheduled to participate in the National Association of Real Estate Investment Trusts (“NAREIT”) Institutional Investor Forum held virtually from June 8 – 10, 2021. The Company’s President and Chief Executive Officer, Michael J. Schall, will present at the conference on June 8, 2021 at 2:15 p.m. ET. To attend the presentation, registration to NAREIT REITWeek is required. The link to register can be accessed on the Investors section of the Company’s website at www.essex.com.
About Essex Property Trust, Inc.
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 244 apartment communities comprising approximately 60,000 apartment homes with an additional 5 properties in various stages of active development. Additional information about the Company can be found on the Company’s website at www.essex.com.
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Essex Property Trust stock is not clear.
With a target price of €442.00 there is a hugely positive potential of 57.576% for Essex Property Trust compared to the current price of €280.50.