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Essex Property Trust (ESS)
:ESS
ESS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$225.40 - $317.73
Previous CloseN/A
Volume89.39K
Average Volume (3M)489.85K
Market Cap
$19.37B
Enterprise Value$25.15B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)25.2
Beta1.02
Next Earnings
Apr 29, 2025EPS Estimate
1.42Last Dividend Ex-Date
Jan 02, 2025Dividend Yield3.37%
Share Statistics
EPS (TTM)11.54
Shares Outstanding64,267,490
10 Day Avg. Volume516,903
30 Day Avg. Volume489,850
Standard Deviation0.07
R-Squared0.44
Alpha-0.00682
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)10.73
Price to Cash Flow (P/CF)14.80
P/FCF Ratio63.60
Enterprise Value/Market Cap1.30
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit22.11
Enterprise Value/Ebitda20.28
Forecast
1Y Price Target
$311.79Price Target Upside7.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
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Bulls Say, Bears Say
Bulls Say
AcquisitionsESS plans to be a net acquirer in 2025 with $1 billion in acquisitions, demonstrating growth ambitions.
Growth ProspectsESS' near-sector-leading same-store revenue growth, with upside from a recovery in Seattle/San Francisco, is meaningful for its story and growth prospects.
Market DemandThe devastating wildfires in Los Angeles are expected to lead to increased multifamily demand, benefiting ESS as displaced residents seek housing.
Bears Say
Financial GuidanceFY25 Core FFO guidance came in approximately 1% below expectations, implying only 1.3% year-over-year growth.
Market ConcernsThere is a concern if the market is overlooking the price difference between homeownership and ESS' average rents, and the potential risk of rent regulation.
Rental GrowthLower rental rate growth compared to expectations contributed to the guidance miss.
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Ownership Overview
0.67% Insiders
29.97% Mutual Funds
14.88% Other Institutional Investors
22.99% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ESS FAQ
What was Essex Property Trust’s price range in the past 12 months?
Essex Property Trust lowest stock price was $225.40 and its highest was $317.73 in the past 12 months.
What is Essex Property Trust’s market cap?
Essex Property Trust’s market cap is $19.37B.
When is Essex Property Trust’s upcoming earnings report date?
Essex Property Trust’s upcoming earnings report date is Apr 29, 2025 which is in 67 days.
How were Essex Property Trust’s earnings last quarter?
Essex Property Trust released its earnings results on Feb 04, 2025. The company reported $4 earnings per share for the quarter, beating the consensus estimate of $1.362 by $2.638.
Is Essex Property Trust overvalued?
According to Wall Street analysts Essex Property Trust’s price is currently Undervalued.
Does Essex Property Trust pay dividends?
Essex Property Trust pays a Thriceyearly dividend of $9.8 which represents an annual dividend yield of 3.37%. See more information on Essex Property Trust dividends here
What is Essex Property Trust’s EPS estimate?
Essex Property Trust’s EPS estimate is 1.42.
How many shares outstanding does Essex Property Trust have?
Essex Property Trust has 64,267,490 shares outstanding.
What happened to Essex Property Trust’s price movement after its last earnings report?
Essex Property Trust reported an EPS of $4 in its last earnings report, beating expectations of $1.362. Following the earnings report the stock price went up 3.012%.
Which hedge fund is a major shareholder of Essex Property Trust?
Currently, no hedge funds are holding shares in ESS
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Essex Property Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$311.79 (7.07% Upside)
$311.79 (7.07% Upside)
Blogger Sentiment
Bullish
ESS Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.29%
12-Months-Change
Fundamentals
Return on Equity
13.53%
Trailing 12-Months
Asset Growth
4.58%
Trailing 12-Months
Company Description
Essex Property Trust
Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.
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ESS Company Deck
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ESS Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a generally positive outlook with strong results in 2024 exceeding guidance, strategic acquisitions, and positive occupancy trends. However, the company faces challenges such as regulatory uncertainties in LA and headwinds from interest expenses and structured finance income decline. The favorable economic outlook for 2025 and strong investment market provide additional optimism.Read More>---
ESS Revenue Breakdown
99.33% Rental income
0.67% Management and other fees from affiliates
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ESS Stock 12 Month Forecast
Average Price Target
$311.79
▲(7.07% Upside)
Technical Analysis
Best Analysts Covering ESS
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+18.41%
reiterated a buy rating 17 days ago
Copying Nicholas Yulico's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +18.41% per trade.
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