Essex Property Trust/ESS

$235.17

0.51%
-
1D1W1MYTD1YMAX

About Essex Property Trust

Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the United States. The Company operates through three segments: California, Northern California and Seattle Metro. The Company owns approximately interests in 256 operating apartment communities, aggregating 63,480 apartment homes. The Company owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. The Company invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. The Company focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities.

Ticker

ESS

Sector

Real Estate

Trading on

NYSE

Industry

Real Estate Operations

CEO

Angela Kleiman

Employees

1,750

Headquarters

San mateo, United States

ESS Metrics

BasicAdvanced
$14.94B
Market cap
36.86
P/E ratio
$6.31
EPS
0.82
Beta
$9.13
Dividend rate
4.21%
Dividend yield
$14.94B
0.81951
$252.85
$203.85
400.77K
$9.13
114.439
114.439
146.17%
143.28
3.38%
3.48%
7.29%
3.67%
36.855
8.948
2.755
2.755
101.499
3.11%
3.92%
4.21%
3.89%
0.47%
3.73%
-10.04%
3.72%

What the Analysts think about ESS

Analyst Ratings

Majority rating from 25 analysts.
Hold

Price Targets

Average projection from 21 analysts.
5.1% upside
High $291.00
Low $202.00
$235.17
Current price
$247.17
Average price target

ESS Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
15.48% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$421.7M
0.62%
Net income
$65.3M
-25.11%
Profit margin
15.48%
-25.58%

ESS Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 29.96%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.38
$1.55
$1.36
$1.02
-
Expected
$1.29
$1.38
$1.42
$1.46
$1.29
Surprise
84.85%
12.09%
-4%
-29.96%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Essex Property Trust stock?

Essex Property Trust (ESS) has a market cap of $15.02B as of April 21, 2024.

What is the P/E ratio for Essex Property Trust stock?

The price to earnings (P/E) ratio for Essex Property Trust (ESS) stock is 37.06 as of April 21, 2024.

Does Essex Property Trust stock pay dividends?

Yes, the Essex Property Trust (ESS) stock pays dividends to shareholders. As of April 21, 2024, the dividend rate is $9.13 and the yield is 4.19%. Essex Property Trust has a payout ratio of 146.17% on a trailing twelve-month basis.

When is the next Essex Property Trust dividend payment date?

The next Essex Property Trust (ESS) dividend payment date is unconfirmed.

What is the beta indicator for Essex Property Trust?

Essex Property Trust (ESS) has a beta rating of 0.82. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Essex Property Trust stock price target?

The target price for Essex Property Trust (ESS) stock is $247.17, which is 5.1% above the current price of $235.17. This is an average based on projections from 21 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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