AvalonBay Communities AVB reported third-quarter 2024 core funds from operation (FFO) per share of $2.74, which beat the Zacks Consensus Estimate of $2.71. Moreover, the figure climbed 3% from the prior-year...
Essex Property Trust: Q3 Earnings Snapshot
For Immediate ReleaseChicago, IL – October 17, 2024 – Today, Zacks Equity Research discusses AvalonBay Communities, Inc. AVB, Equity Residential EQR and Essex Property Trust, Inc. ESS.Industry: Residential...
The REIT And Equity Trust - Residential Industry is poised to benefit from a surge in market demand on a strong labor market and favorable demographic trends. The flexibility of renting residential units...
UDR Inc.UDR is well-poised to benefit from its diversified portfolio in the coastal and Sunbelt markets. The favorable demographic trends and technological improvements are likely to aid the residential...
Equity Residential EQR is likely to benefit from its high-quality, diversified portfolio targeting affluent renters. The strategic portfolio repositioning and technological enhancements are likely to aid...
As Essex Property gears up to release its Q3 earnings later this month, analysts are forecasting a low single-digit growth in the company’s bottom line figure.
These REITs offer attractive yielding payouts that should rise in the future.
Sun Communities still looks strong. The attack by Blue Orca focused primarily on irrelevant things rather than tackling the real fundamentals for this kind of REIT.
Essex Property Trust outperformed its industry peers this year, but Wall Street analysts are cautious about the stock’s prospects.