|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||183.81 - 186.09|
|52-week range||158.32 - 199.52|
|PE ratio (TTM)||25.39|
|Earnings date||30 Jan. 2018 - 5 Feb. 2018|
|Forward dividend & yield||5.68 (3.02%)|
|1y target est||199.71|
Essex Property Trust's (ESS) solid performance in Q3 reflects growth in same-property gross revenues and high financial occupancies. The company also raised its outlook for full-year 2017.
AvalonBay Communities' (AVB) Q3 results reflect modest growth in average rental rates. Economic occupancy managed to grow only slightly in the quarter.
The Arlington, Virginia-based real estate investment trust said it had funds from operations of $303.3 million, or $2.19 per share, in the period. The average estimate of eight analysts surveyed by Zacks ...
The Zacks Analyst Blog Highlights: CBRE Group, Alexandria Real Estate Equities, AvalonBay Communities, UDR and Vornado Realty Trust
Macroeconomic improvement at a sluggish yet steady pace, drove demand for a number of asset categories in Q3. Moreover, the pace of supply has been modest in certain asset types.
AvalonBay (AVB) Q3 results are likely to gain from favorable demographics and job growth. However, rising supply and delay in construction activities in development portfolio might mar the positives.