ESS Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 0/6 |
| Dividends | 5/6 |
Essex Property Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$267.84 |
| 52 Week High | US$269.23 |
| 52 Week Low | US$203.85 |
| Beta | 0.80 |
| 1 Month Change | 13.69% |
| 3 Month Change | 14.16% |
| 1 Year Change | 26.96% |
| 3 Year Change | -6.13% |
| 5 Year Change | -6.98% |
| Change since IPO | 1,282.40% |
Recent News & Updates
Recent updates
Essex Property Trust: 3 Reasons Why The Stock May Be Overvalued
May 16Essex Property Trust: A Dividend Aristocrat Worth Buying Now
Apr 05Essex Property Trust: Build And Buy Apartments Like A Pro
Feb 15Essex Property Trust: A Growth REIT With An Attractive Yield
Jan 15Essex Property Trust: I Expect The West Coast To Outperform Next
Dec 11Essex Property Trust: Still Has Potential
Dec 05Essex Property Trust: Low Yield, Small Discount To NAV
Nov 06Essex Property Trust: California Exposure Isn't That Problematic
Oct 12Essex Property Trust: Dividend Yield At A High
Oct 01Essex Property Trust: Don't Mind The California Exposure
Jul 29Essex Property: A Smart Value For A Frothy Market
Jun 14Essex Property Trust: Great Long-Term REIT, Still Some Near-Term Questions
Jan 23Essex Property Trust Is Clearly The Best Bargain When It Comes To Residential REITs
Jan 12Why Buy Rentals When You Can Buy Essex Property
Dec 16Essex Property Trust declares $2.20 dividend
Dec 09Apartments In Free Fall, So I Bought Essex
Nov 09Essex Property Trust: Long-Term Compounder In The Bargain Bin
Oct 20Essex Property Trust declares $2.20 dividend
Sep 15Essex Property Trust: Another Beat-And-Raise Quarter
Aug 21Essex Property Trust: Hefty West Coast Dividend Checks
Jun 08Essex Property Trust: A West Coast Sharpshooter That Checks All Boxes, Except For One
Mar 29Essex Property Trust: Why I (Sadly) Sold And Where I Reinvested The Proceeds
Jan 27Shareholder Returns
| ESS | US Residential REITs | US Market | |
|---|---|---|---|
| 7D | 5.2% | 2.5% | 2.3% |
| 1Y | 27.0% | 4.5% | 26.8% |
Return vs Industry: ESS exceeded the US Residential REITs industry which returned 4.1% over the past year.
Return vs Market: ESS matched the US Market which returned 27.2% over the past year.
Price Volatility
| ESS volatility | |
|---|---|
| ESS Average Weekly Movement | 3.0% |
| Residential REITs Industry Average Movement | 3.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: ESS has not had significant price volatility in the past 3 months.
Volatility Over Time: ESS's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 1,749 | Angela Kleiman | www.essexapartmenthomes.com |
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 has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Essex Property Trust, Inc. Fundamentals Summary
| ESS fundamental statistics | |
|---|---|
| Market cap | US$17.61b |
| Earnings (TTM) | US$525.02m |
| Revenue (TTM) | US$1.70b |
32.8x
P/E Ratio10.1x
P/S RatioIs ESS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ESS income statement (TTM) | |
|---|---|
| Revenue | US$1.70b |
| Cost of Revenue | US$537.43m |
| Gross Profit | US$1.16b |
| Other Expenses | US$633.51m |
| Earnings | US$525.02m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.18 |
| Gross Margin | 68.31% |
| Net Profit Margin | 30.96% |
| Debt/Equity Ratio | 113.8% |
How did ESS perform over the long term?
See historical performance and comparison