Mizuho Securities Remains a Buy on Essex Property (ESS)
Mizuho Securities analyst Haendel St. Juste maintained a Buy rating on Essex Property yesterday and set a price target of $285.00. The company’s shares closed yesterday at $254.29.
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According to TipRanks, St. Juste is a 4-star analyst with an average return of 3.9% and a 53.15% success rate. St. Juste covers the Real Estate sector, focusing on stocks such as Safehold, Agree Realty, and Mid-America Apartment.
In addition to Mizuho Securities, Essex Property also received a Buy from Scotiabank’s Nicholas Yulico in a report issued on March 4. However, on March 9, Truist Financial maintained a Hold rating on Essex Property (NYSE: ESS).
Based on Essex Property’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $479.63 million and a net profit of $83.4 million. In comparison, last year the company earned a revenue of $454.47 million and had a net profit of $257.45 million
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- Essex Property Trust price target lowered to $271 from $292 at Barclays
- Essex Property Trust price target lowered to $278 from $284 at Scotiabank
- Essex Property Trust price target raised to $281 from $279 at Baird
- Essex Property Trust downgraded to Market Perform from Outperform at Raymond James
- Essex Property Trust raises annual dividend 0.8% to $10.36 per share
