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Essex Property Trust (NYSE:ESS) is a fully integrated real estate investment trust that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets.

Essex Property Trust Stock 10 Years Ago

The company's stock traded at approximately $221.24 per share 10 years ago. If you had invested $10,000, you could have bought roughly 45 shares. Currently, shares trade at $313.85, meaning your investment's value could have grown to $14,186 from stock price appreciation alone. However, Essex Property Trust also paid dividends during these 10 years. 

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Essex Property Trust's dividend yield is currently 3.28%. Over the last 10 years, it has paid about $79.17 in dividends per share, which means you could have made $3,578 from dividends alone. 

Summing up $14,186 and $3,578, we end up with the final value of your investment, which is $17,764. This is how much you could have made if you had invested $10,000 in Essex Property Trust stock 10 years ago. This means a total return of 77.64%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 216.16%.

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What Could The Next 10 Years Bring? 

Essex Property Trust has a consensus rating of "Neutral" and a price target of $288.42 based on the ratings of 31 analysts. The price target implies more than 8% potential downside from the current stock price.

On Feb. 4, the company announced its Q4 2024 earnings, posting core FFO of $3.92, beating the consensus estimate of $3.90, as reported by Benzinga.

The company achieved same-property revenues and net operating income (NOI) growth of 2.6% and 1.7%, respectively, compared to Q4 2023.

See Also: Many don’t know there are tax benefits when buying a unit as an investment — Here’s how to invest in real estate by mirroring BlackRock's big move

Check out this article by Benzinga for eight analysts' insights on Essex Property Trust.

Given the expected downside potential, growth-focused investors may not find Essex Property Trust stock attractive. Conversely, the stock can be a good option for income-focused investors, who can benefit from the company's solid dividend yield of 3.28% and consistent hikes. Essex Property Trust has raised its dividend consecutively for the last 31 years.

Arrived Achieved A Total Return of 34.7% On Their Biggest Sale Yet — Diversify Your Monthly Income Stream With Fractional Real Estate

Arrived allows individuals to invest in shares of rental properties for as little as $100, providing the potential for monthly rental income and long-term appreciation without the hassles of being a landlord. With over $1 million in dividends paid out last quarter and a growing selection of properties across various markets, Arrived offers an attractive alternative for investors seeking to build a diversified real estate portfolio. 

In October 2024, Arrived sold The Centennial, achieving a total return of 34.7% (11.2% average annual returns) for investors. Arrived aims to continue delivering similar value across our portfolio through careful market selection, attentive property management, and thoughtful timing in sales.

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This article If You Invested $10K In Essex Property Trust Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Benzinga.com