Essex Property Trust Inc. (ESS): Price and Financial Metrics

Essex Property Trust Inc. (ESS): $244.81

3.40 (+1.41%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: REITs - Residential

Industry

F

Ranked

#17 of 22

in industry

ESS Price/Volume Stats

Current price $244.81 52-week high $252.85
Prev. close $241.41 52-week low $201.66
Day low $242.45 Volume 350,000
Day high $245.62 Avg. volume 419,261
50-day MA $236.17 Dividend yield 3.86%
200-day MA $230.98 Market Cap 15.72B

ESS Stock Price Chart Interactive Chart >

ESS POWR Grades

  • ESS scores best on the Quality dimension, with a Quality rank ahead of 74.25% of US stocks.
  • ESS's strongest trending metric is Sentiment; it's been moving down over the last 26 weeks.
  • ESS's current lowest rank is in the Growth metric (where it is better than 17.04% of US stocks).

ESS Stock Summary

  • Of note is the ratio of ESSEX PROPERTY TRUST INC's sales and general administrative expense to its total operating expenses; only 3.4% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for ESSEX PROPERTY TRUST INC is higher than it is for about 92.01% of US stocks.
  • In terms of volatility of its share price, ESS is more volatile than merely 9.93% of stocks we're observing.
  • Stocks with similar financial metrics, market capitalization, and price volatility to ESSEX PROPERTY TRUST INC are AMH, OHI, AVB, EQR, and SRC.
  • Visit ESS's SEC page to see the company's official filings. To visit the company's web site, go to www.essexapartmenthomes.com.

ESS Valuation Summary

  • ESS's price/earnings ratio is 30.3; this is 1.78% lower than that of the median Real Estate stock.
  • Over the past 243 months, ESS's price/sales ratio has gone up 3.3.

Below are key valuation metrics over time for ESS.

Stock Date P/S P/B P/E EV/EBIT
ESS 2023-12-29 9.6 2.9 30.3 29.6
ESS 2023-12-28 9.8 2.9 30.9 30.0
ESS 2023-12-27 9.6 2.9 30.4 29.7
ESS 2023-12-26 9.5 2.9 30.2 29.5
ESS 2023-12-22 9.4 2.8 29.8 29.3
ESS 2023-12-21 9.3 2.8 29.6 29.1

ESS Growth Metrics

    The year over year revenue growth rate now stands at 0.61%.
  • Its 5 year cash and equivalents growth rate is now at 181.64%.
  • Its year over year price growth rate is now at 19.16%.
Over the past 34 months, ESS's revenue has gone up $110,515,000.

The table below shows ESS's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 1,606.814 975.649 408.315
2022-09-30 1,563.227 1,014.117 360.024
2022-06-30 1,516.336 986.733 385.572
2022-03-31 1,467.336 1,025.136 393.364
2021-12-31 1,440.556 905.259 488.554
2021-09-30 1,431.033 849.548 447.425

ESS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • ESS has a Quality Grade of C, ranking ahead of 66.31% of graded US stocks.
  • ESS's asset turnover comes in at 0.112 -- ranking 179th of 443 Trading stocks.
  • FSP, MN, and TRTX are the stocks whose asset turnover ratios are most correlated with ESS.

The table below shows ESS's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.112 0.665 0.035
2021-06-30 0.111 0.669 0.032
2021-03-31 0.112 0.672 0.033
2020-12-31 0.113 0.682 0.041
2020-09-30 0.114 0.692 0.043
2020-06-30 0.115 0.698 0.044

ESS Price Target

For more insight on analysts targets of ESS, see our ESS price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $342.79 Average Broker Recommendation 1.77 (Moderate Buy)

Essex Property Trust Inc. (ESS) Company Bio


Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the West Coast of the United States. (Source:Wikipedia)


ESS Latest News Stream


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Latest ESS News From Around the Web

Below are the latest news stories about ESSEX PROPERTY TRUST INC that investors may wish to consider to help them evaluate ESS as an investment opportunity.

29 Undervalued Dividend Aristocrats: December 2023

The S&P 500 Dividend Aristocrats Index contains 67 dividend growth stocks called the Dividend Aristocrats.

TalkMarkets.com | December 25, 2023

10 Quality Retirement Stocks Now

Retirees have had a challenge producing satisfactory income over the past decade, due to historically low interest rates which have brought down yields across fixed income and the stock market.

TalkMarkets.com | December 21, 2023

MDV or ESS: Which Is the Better Value Stock Right Now?

MDV vs. ESS: Which Stock Is the Better Value Option?

Yahoo | December 18, 2023

Buy or Bye? 7 Key Housing Stocks to Buy or Sell in Today’s Market.

The housing market continues to evolve creating stocks to buy and others to sell as 2023 comes toward a close.

Alex Sirois on InvestorPlace | December 5, 2023

Should Investors Hold on to Essex Property (ESS) Stock Now?

Essex Property (ESS) is poised to gain from the healthy demand for residential properties and technological initiatives. Yet, the elevated supply of rental units and high interest rates are key woes.

Yahoo | December 5, 2023

Read More 'ESS' Stories Here

ESS Price Returns

1-mo 7.72%
3-mo -0.23%
6-mo 17.71%
1-year 24.87%
3-year -2.20%
5-year 0.25%
YTD -0.23%
2023 21.97%
2022 -37.76%
2021 52.40%
2020 -18.09%
2019 25.92%

ESS Dividends

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Continue Researching ESS

Here are a few links from around the web to help you further your research on Essex Property Trust Inc's stock as an investment opportunity:

Essex Property Trust Inc (ESS) Stock Price | Nasdaq
Essex Property Trust Inc (ESS) Stock Quote, History and News - Yahoo Finance
Essex Property Trust Inc (ESS) Stock Price and Basic Information | MarketWatch

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