- Essex Property reported its 4th quarter Core Funds From Operations (FFO) per share at $3.92.
- The reported Core FFO per share of $3.92 surpassed both last year’s $3.83 and the estimated $3.91.
- Same property Net Operating Income (NOI) saw a change of +1.7%, which was below the estimated +2.71%.
- Analyst ratings for Essex Property include 9 buy recommendations, 19 hold recommendations, and 2 sell recommendations.
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A look at Essex Property Trust Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Essex Property Trust, Inc., a real estate investment trust specializing in residential properties, receives favorable scores in Dividend and Growth according to Smartkarma Smart Scores. A high Dividend score suggests the company’s ability to provide attractive returns to its investors through dividend payments. Additionally, a strong Growth score indicates promising prospects for expansion and increasing revenue streams in the long term. These positive indicators reflect well on Essex Property Trust‘s potential for delivering steady growth and income to its stakeholders.
However, the company receives lower scores in Value and Resilience, suggesting potential areas for improvement. A Value score of 3 indicates a fair valuation relative to its assets and market position, while a Resilience score of 2 points to some vulnerabilities that could impact the company’s ability to weather economic challenges. With an overall outlook influenced by these factors and a Momentum score of 3, Essex Property Trust may benefit from addressing weaknesses in resilience to enhance its long-term sustainability and attractiveness to investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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