Essex Property Trust acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. The company was founded in 1971 and is based in Palo Alto, California.
ESS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ESS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Essex Property Trust Inc ranked in the 2th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for ESS, they are:
The company's compound free cash flow growth rate over the past 3.77 years comes in at -0.18%; that's greater than only 10.65% of US stocks we're applying DCF forecasting to.
Essex Property Trust Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 7. This value is greater than only 20.19% stocks in the Real Estate sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ESS, try BRX, DOC, GRIF, AMH, and BFS.
In this article we will check out the progression of hedge fund sentiment towards Essex Property Trust Inc (NYSE:ESS) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 […]
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SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it has published an updated Investor Presentation available on the Investors section of the Company’s website at www.essex.com. About Essex Property Trust, Inc. 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 h
Essex Property Trust, Inc. (NYSE:ESS) has published its Second Annual Corporate Social Responsibility (CSR) Report, recognizing the Company’s many Environmental, Social, and Governance (ESG) accomplishments through 2019. The report showcases the Company’s many achievements over the past 26 years as a public company and how it seeks to continuously improve in all aspects of ESG. The 2019 report also highlights the Company’s initial response to the COVID-19 crisis.