company background image
0IIR logo

Essex Property Trust LSE:0IIR Stock Report

Last Price

US$280.83

Market Cap

US$18.6b

7D

-1.6%

1Y

15.1%

Updated

03 Jan, 2025

Data

Company Financials +

Essex Property Trust, Inc.

LSE:0IIR Stock Report

Market Cap: US$18.6b

0IIR 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. More details

0IIR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Essex Property Trust, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Essex Property Trust
Historical stock prices
Current Share PriceUS$280.83
52 Week HighUS$317.47
52 Week LowUS$222.80
Beta0.94
1 Month Change-6.69%
3 Month Change-3.31%
1 Year Change15.15%
3 Year Change-18.97%
5 Year Change-6.30%
Change since IPO22.19%

Recent News & Updates

Recent updates

Shareholder Returns

0IIRGB Residential REITsGB Market
7D-1.6%1.4%1.3%
1Y15.1%-15.9%4.3%

Return vs Industry: 0IIR exceeded the UK Residential REITs industry which returned -15.9% over the past year.

Return vs Market: 0IIR exceeded the UK Market which returned 4.3% over the past year.

Price Volatility

Is 0IIR's price volatile compared to industry and market?
0IIR volatility
0IIR Average Weekly Movement3.0%
Residential REITs Industry Average Movement2.9%
Market Average Movement4.7%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: 0IIR has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0IIR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19711,749Angela Kleimanwww.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 254 apartment communities comprising approximately 62,000 apartment homes.

Essex Property Trust, Inc. Fundamentals Summary

How do Essex Property Trust's earnings and revenue compare to its market cap?
0IIR fundamental statistics
Market capUS$18.62b
Earnings (TTM)US$549.46m
Revenue (TTM)US$1.75b

32.7x

P/E Ratio

10.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0IIR income statement (TTM)
RevenueUS$1.75b
Cost of RevenueUS$555.88m
Gross ProfitUS$1.20b
Other ExpensesUS$647.11m
EarningsUS$549.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)8.55
Gross Margin68.28%
Net Profit Margin31.35%
Debt/Equity Ratio112.4%

How did 0IIR perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

57%

Payout Ratio

Does 0IIR pay a reliable dividends?

See 0IIR dividend history and benchmarks
When do you need to buy 0IIR by to receive an upcoming dividend?
Essex Property Trust dividend dates
Ex Dividend DateJan 02 2025
Dividend Pay DateJan 15 2025
Days until Ex dividend1 day
Days until Dividend pay date12 days

Does 0IIR pay a reliable dividends?

See 0IIR dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 11:30
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Essex Property Trust, Inc. is covered by 49 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Ross SmotrichBarclays
Richard HightowerBarclays