Essex Property (NYSE: ESS) shares as of market close today will be eligible for a dividend of per share. At a price of $150.21 as of 9:30 a.m. ET, the dividend yield is 3.2%. The average volume for Essex Property has been 249,600 shares per day over the past 30 days. Essex Property has a market cap of $5.7 billion and is part of the real estate industry. Shares are up 2.5% year to date as of the close of trading on Friday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. The company has a P/E ratio of 48.26. Currently there are 13 analysts that rate Essex Property a buy, no analysts rate it a sell, and 5 rate it a hold. TheStreet Ratings rates Essex Property as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Essex Property Ratings Report now.
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