NYSE - Nasdaq Real Time Price USD

Essex Property Trust, Inc. (ESS)

247.12 -0.62 (-0.25%)
As of 12:59 PM EDT. Market Open.
Loading Chart for ESS
DELL
  • Previous Close 247.74
  • Open 245.96
  • Bid 246.88 x 900
  • Ask 247.28 x 900
  • Day's Range 244.49 - 247.16
  • 52 Week Range 203.85 - 252.85
  • Volume 135,881
  • Avg. Volume 393,140
  • Market Cap (intraday) 16.425B
  • Beta (5Y Monthly) 0.82
  • PE Ratio (TTM) 39.10
  • EPS (TTM) 6.32
  • Earnings Date Apr 30, 2024
  • Forward Dividend & Yield 9.80 (3.96%)
  • Ex-Dividend Date Mar 27, 2024
  • 1y Target Est 247.17

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.

www.essexapartmenthomes.com

1,747

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ESS

Performance Overview: ESS

Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ESS
0.71%
S&P 500
5.54%

1-Year Return

ESS
21.58%
S&P 500
21.68%

3-Year Return

ESS
7.66%
S&P 500
20.43%

5-Year Return

ESS
5.04%
S&P 500
71.97%

Compare To: ESS

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: ESS

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    15.91B

  • Enterprise Value

    21.70B

  • Trailing P/E

    39.20

  • Forward P/E

    45.45

  • PEG Ratio (5yr expected)

    8.03

  • Price/Sales (ttm)

    9.54

  • Price/Book (mrq)

    2.93

  • Enterprise Value/Revenue

    13.00

  • Enterprise Value/EBITDA

    18.20

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    24.16%

  • Return on Assets (ttm)

    2.71%

  • Return on Equity (ttm)

    7.46%

  • Revenue (ttm)

    1.68B

  • Net Income Avi to Common (ttm)

    405.82M

  • Diluted EPS (ttm)

    6.32

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    396.05M

  • Total Debt/Equity (mrq)

    111.46%

  • Levered Free Cash Flow (ttm)

    731.48M

Research Analysis: ESS

Analyst Price Targets

202.00 Low
247.17 Average
247.12 Current
291.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: ESS

Fair Value

247.12 Current
 

Dividend Score

0 Low
ESS
Sector Avg.
100 High
 

Hiring Score

0 Low
ESS
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
ESS
Sector Avg.
100 High
 

Research Reports: ESS

  • ESS: What does Argus have to say about ESS?

    ESSEX PROPERTY TRUST INC has an Investment Rating of SELL; a target price of $198.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     
  • ESS: Lowering target price to $198.00

    ESSEX PROPERTY TRUST INC has an Investment Rating of SELL; a target price of $198.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     
  • ESS: Raising target price to $202.00

    ESSEX PROPERTY TRUST INC has an Investment Rating of SELL; a target price of $202.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     
  • ESS: What does Argus have to say about ESS?

    ESSEX PROPERTY TRUST INC has an Investment Rating of SELL; a target price of $198.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.

    Rating
    Price Target
     

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