(VIANEWS) – The NYSE opens in less than hour and Essex Property Trust‘s pre-market value is already 5.03% down.
Essex Property Trust’s last close was $244.81, 3.18% under its 52-week high of $252.85.
The last session, NYSE ended with Essex Property Trust (ESS) rising 1.41% to $244.81. NYSE jumped 0.31% to $18,312.67, after two successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session.
About Essex Property Trust
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 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Earnings Per Share
As for profitability, Essex Property Trust has a trailing twelve months EPS of $6.32.
PE Ratio
Essex Property Trust has a trailing twelve months price to earnings ratio of 38.74. Meaning, the purchaser of the share is investing $38.74 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.46%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 4.4%, now sitting on 1.68B for the twelve trailing months.
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