ESS * logo

Essex Property Trust BMV:ESS * Stock Report

Last Price

Mex$4.08k

Market Cap

Mex$253.4b

7D

0%

1Y

n/a

Updated

04 Dec, 2023

Data

Company Financials +

Essex Property Trust, Inc.

BMV:ESS * Stock Report

Market Cap: Mex$253.4b

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. More details

ESS * fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends5/6

Rewards

Trading at 8% below our estimate of its fair value

Earnings grew by 46% over the past year

Pays a reliable dividend of 4.19%

Risk Analysis

Earnings are forecast to decline by an average of 5.9% per year for the next 3 years

Interest payments are not well covered by earnings

Shares are highly illiquid

Large one-off items impacting financial results


Essex Property Trust, Inc. Competitors

Fideicomiso Opsimex

BMV:FSITES 20

Mex$88.1b

FIBRA Prologis

BMV:FIBRAPL 14

Mex$96.6b

Fibra UNO

BMV:FUNO 11

Mex$82.0b

Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo

BMV:EDUCA 18

Mex$69.6b

Price History & Performance

Summary of all time highs, changes and price drops for Essex Property Trust
Historical stock prices
Current Share PriceUS$4,081.12
52 Week HighUS$4,281.36
52 Week LowUS$3,694.42
Beta0.84
11 Month Change0%
3 Month Changen/a
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO-4.68%

Recent News & Updates

Recent updates

Shareholder Returns

ESS *MX Residential REITsMX Market
7D0%0%0%
1Yn/a0%0%

Return vs Industry: Insufficient data to determine how ESS * performed against the MX Residential REITs industry.

Return vs Market: Insufficient data to determine how ESS * performed against the MX Market.

Price Volatility

Is ESS *'s price volatile compared to industry and market?
ESS * volatility
ESS * Average Weekly Movementn/a
Residential REITs Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in MX Market0%
10% least volatile stocks in MX Market0%

Stable Share Price: ESS * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine ESS *'s volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19711,771Angela 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 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.

Essex Property Trust, Inc. Fundamentals Summary

How do Essex Property Trust's earnings and revenue compare to its market cap?
ESS * fundamental statistics
Market capMex$253.41b
Earnings (TTM)Mex$9.08b
Revenue (TTM)Mex$29.36b

26.9x

P/E Ratio

8.3x

P/S Ratio

Is ESS * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ESS * income statement (TTM)
RevenueUS$1.70b
Cost of RevenueUS$527.96m
Gross ProfitUS$1.17b
Other ExpensesUS$644.94m
EarningsUS$525.60m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)8.19
Gross Margin68.92%
Net Profit Margin30.95%
Debt/Equity Ratio108.2%

How did ESS * perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

58%

Payout Ratio