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


Essex Property Trust Inc. (ESS): $217.72

-2.19 (-1.00%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ESS POWR Grades

  • ESS scores best on the Momentum dimension, with a Momentum rank ahead of 71.97% of US stocks.
  • ESS's strongest trending metric is Growth; it's been moving down over the last 178 days.
  • ESS ranks lowest in Value; there it ranks in the 8th percentile.

ESS Stock Summary

  • Of note is the ratio of ESSEX PROPERTY TRUST INC's sales and general administrative expense to its total operating expenses; merely 4.99% of US stocks have a lower such ratio.
  • For ESS, its debt to operating expenses ratio is greater than that reported by 94.59% of US equities we're observing.
  • With a price/sales ratio of 9.11, ESSEX PROPERTY TRUST INC has a higher such ratio than 87.42% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to ESSEX PROPERTY TRUST INC, a group of peers worth examining would be REG, STOR, KIM, SWX, and ADC.
  • 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 38.6; this is 62.87% higher than that of the median Real Estate stock.
  • Over the past 243 months, ESS's price/sales ratio has gone up 4.3.

Below are key valuation metrics over time for ESS.

Stock Date P/S P/B P/E EV/EBIT
ESS 2022-11-29 8.9 2.4 38.6 35.6
ESS 2022-11-28 8.7 2.4 37.9 35.2
ESS 2022-11-25 8.8 2.4 38.2 35.4
ESS 2022-11-23 8.8 2.4 38.1 35.3
ESS 2022-11-22 8.9 2.4 38.4 35.6
ESS 2022-11-21 8.8 2.4 38.4 35.5

ESS Growth Metrics

    The 3 year net income to common stockholders growth rate now stands at -5.91%.
  • Its 5 year net cashflow from operations growth rate is now at 30.56%.
  • Its year over year price growth rate is now at 19.16%.
ESS's revenue has moved up $103,072,000 over the prior 33 months.

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
2022-09-30 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
2021-06-30 1,438.987 805.069 402.696

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)

ESS Stock Price Chart Interactive Chart >

Price chart for ESS

ESS Price/Volume Stats

Current price $217.72 52-week high $363.36
Prev. close $219.91 52-week low $205.76
Day low $217.29 Volume 374,200
Day high $219.67 Avg. volume 429,810
50-day MA $223.43 Dividend yield 4.04%
200-day MA $279.06 Market Cap 14.10B

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.

3 REITs That Should Survive Dividend Cuts In A Bad Recession

Although there’s been more positive inflation news lately, fears of a subsequent recession continue. Tech companies such as Meta Platforms Inc., Twitter Inc., Tesla Inc., Oracle Corp. and Microsoft Corp. have been laying off thousands of workers. The Federal Reserve just released a report showing a sharp rise in American household debt. The new and pre-existing housing markets are at a standstill, with mortgage rates around 6.5%. Recessions, like inflation, can do real damage to real estate inve

Yahoo | November 21, 2022

Residential Versus Healthcare REITs: Why Bank Of America Changed Its Ratings On These 5 REITs

A Bank of America analyst has changed his initial ratings on five real estate investment trusts: three are healthcare REITs and two are residential REITs. In comparing the REIT sectors, SP Global reported that healthcare REITs have an average 10-year return of 11.6%, while residential REITs tout a return of 16.7% . Meanwhile, healthcare REITs have a higher five-year average dividend yield of 5.2%, compared to an average yield of 2.9% for residential REITs. The Bank of America Analyst Bank of America analyst Joshua Dennerlein upgraded Veris Residential (NYSE: VRE ) from Underperform to Neutral and raised the price target from $16 to $18. Dennerlein upgraded Medical Properties Trust (NYSE: MPW ) from Neutral to a Buy with a price target of $16. He downgraded Essex Property Trust (NYSE: ES...

Benzinga | November 14, 2022

Despite Recessions, This Asset Continues To Grow

While many people think of all REITs as one sector and asset class, the truth is that there are a wide variety of REITs representing almost every market sector.

TalkMarkets.com | November 8, 2022

Essex Property Trust Third Quarter 2022 Earnings: EPS Beats Expectations

Essex Property Trust ( NYSE:ESS ) Third Quarter 2022 Results Key Financial Results Revenue: US$420.7m (up 8.4% from 3Q...

Yahoo | November 8, 2022

AvalonBay Communities (AVB) Q3 FFO & Revenues Lag, View Revised

AvalonBay's (AVB) top line grows year over year, driven by a rise in same-store residential rental revenues. However, occupancy falls sequentially. It revises the 2022 outlook.

Yahoo | November 4, 2022

Read More 'ESS' Stories Here

ESS Price Returns

1-mo 1.62%
3-mo -18.57%
6-mo -20.13%
1-year -33.37%
3-year -23.30%
5-year 4.78%
YTD -36.71%
2021 52.40%
2020 -18.09%
2019 25.92%
2018 4.83%
2017 6.82%

ESS Dividends

Ex-Dividend Date Type Payout Amount Change
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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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