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


Essex Property Trust, Inc. (ESS): $314.11

0.07 (+0.02%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ESS POWR Grades


  • Sentiment is the dimension where ESS ranks best; there it ranks ahead of 89.44% of US stocks.
  • ESS's strongest trending metric is Stability; it's been moving up over the last 31 weeks.
  • ESS ranks lowest in Growth; there it ranks in the 3rd percentile.

ESS Stock Summary

  • Essex Property Trust Inc's market capitalization of $20,152,262,056 is ahead of 88.05% of US-listed equities.
  • Of note is the ratio of Essex Property Trust Inc's sales and general administrative expense to its total operating expenses; only 5.48% 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 92.98% of US stocks.
  • Stocks that are quantitatively similar to ESS, based on their financial statements, market capitalization, and price volatility, are LNT, AGR, ETR, NNN, and AEE.
  • ESS's SEC filings can be seen here. And to visit Essex Property Trust Inc's official web site, go to www.essexapartmenthomes.com.

ESS Valuation Summary


  • ESS's price/earnings ratio is 48; this is 20.3% higher than that of the median Real Estate stock.
  • Over the past 243 months, ESS's EV/EBIT ratio has gone up $22.1.

Below are key valuation metrics over time for ESS.

Stock Date P/S P/B P/E EV/EBIT
ESS 2020-02-24 14.8 3.5 49.1 41.7
ESS 2010-11-29 8.5 3.3 96.8 44.3
ESS 2008-02-04 7.2 3.3 38.3 27.8
ESS 2005-11-17 6.7 3.4 20.0 18.6
ESS 2004-05-13 6.0 2.4 38.4 27.6
ESS 2002-12-12 4.6 2.5 17.0 17.7

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 $300.29 Average Broker Recommendation 1.79 (Moderate Buy)

ESS Stock Price Chart Interactive Chart >

Price chart for ESS

ESS Price/Volume Stats

Current price $314.11 52-week high $316.63
Prev. close $314.04 52-week low $186.30
Day low $311.23 Volume 291,700
Day high $314.75 Avg. volume 415,144
50-day MA $291.86 Dividend yield 2.66%
200-day MA $252.52 Market Cap 20.42B

Essex Property Trust, Inc. (ESS) Company Bio


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

Current PriceDCF Fair Value Target: Forecasted Gain:
$314.11$217.87 -24%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Essex Property Trust Inc. To summarize, we found that Essex Property Trust Inc ranked in the 47th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 24%. In terms of the factors that were most noteworthy in this DCF analysis for ESS, they are:

  • Essex Property Trust Inc's weighted average cost of capital (WACC) is 9%; for context, that number is higher than only 17.54% of tickers in our DCF set.
  • 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 company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 20.19% of stocks in its sector (Real Estate).


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-26%
1%-25%
2%-24%
3%-24%
4%-23%
5%-22%

For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ESS, try WSR, CBRE, CTT, FSV, and HTA.


ESS Latest News Stream


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ESS Latest Social 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.

Welltower Hires Former Essex Property Trust COO

Welltower Hires Former Essex Property Trust COO MarketWatch

MarketWatch | June 12, 2021

Essex Property Trust Inc. stock outperforms competitors on strong trading day

Essex Property Trust Inc. stock outperforms competitors on strong trading day MarketWatch

MarketWatch | June 12, 2021

Essex Property Trust Inc. stock rises Monday, outperforms market

Essex Property Trust Inc. stock rises Monday, outperforms market MarketWatch

MarketWatch | June 11, 2021

Essex Property (ESS) Raises Guidance for Q2 & 2021, Stock Up

Essex Property (ESS) Raises Guidance for Q2 & 2021, Stock Up Yahoo Finance

Yahoo Finance | June 11, 2021

7 Apartment REITs to Buy as Rent Prices Get Set to Surge

With a hot housing market forcing people to become renters, apartment REITs could see their valuations rise significantly.

Josh Enomoto on InvestorPlace | June 9, 2021

Read More 'ESS' Stories Here

ESS Price Returns

1-mo 8.93%
3-mo 10.47%
6-mo 32.73%
1-year 30.37%
3-year 47.17%
5-year 69.00%
YTD 33.30%
2020 -18.09%
2019 25.92%
2018 4.83%
2017 6.82%
2016 -0.09%

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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