ESS:NYE-Essex Property Trust Inc. (USD)

EQUITY | REIT - Residential | New York Stock Exchange

Last Closing

USD 272.24

Change

0.00 (0.00)%

Market Cap

USD 13.77B

Volume

0.27M

Analyst Target

USD 244.94
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Essex Property Trust Inc is a self-administered and self-managed real estate investment trust, engaged in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-07 )

Largest Industry Peers for REIT - Residential

Symbol Name Price(Change) Market Cap
AVB AvalonBay Communities Inc

+0.32 (+0.14%)

USD 31.73B
INVH Invitation Homes Inc

+0.39 (+1.14%)

USD 21.44B
AMH American Homes 4 Rent

+0.24 (+0.63%)

USD 15.92B
ELS Equity Lifestyle Properties In..

-0.53 (-0.76%)

USD 13.84B
MAA-PI Mid-America Apartment Communit..

-0.29 (-0.50%)

USD 12.68B
AMH-PH American Homes 4 Rent

+0.01 (+0.04%)

USD 8.60B
AMH-PG American Homes 4 Rent Series G..

-0.06 (-0.24%)

USD 8.60B
IRT Independence Realty Trust Inc

-0.15 (-0.76%)

USD 4.73B
NXRT Nexpoint Residential Trust Inc

-0.01 (-0.02%)

USD 2.23B
VRE Veris Residential Inc

-0.05 (-0.29%)

USD 1.82B

ETFs Containing ESS

RESI 7.31 % 0.00 %

N/A

N/A
REZ iShares Residential and M.. 4.05 % 0.48 %

-0.74 (0%)

USD 1.06B
UEDV:LSE SPDR® S&P® U.S. Dividen.. 2.11 % 0.00 %

-0.04 (0%)

USD 0.03B
ZPD6:XETRA SPDR® S&P® U.S. Dividen.. 2.11 % 0.00 %

+0.05 (+0%)

USD 0.03B
UGDV:LSE SPDR® S&P® U.S. Dividen.. 2.10 % 0.00 %

N/A

N/A
SNPD 2.09 % 0.00 %

N/A

N/A
GRCTB:PA BNP Paribas Easy FTSE EPR.. 1.59 % 0.00 %

-0.02 (0%)

N/A
ASRM:XETRA BNP Paribas Easy FTSE EPR.. 1.51 % 0.00 %

N/A

N/A
GQRE FlexShares Global Quality.. 0.00 % 0.45 %

+0.06 (+0%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Residential) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.80% 77% C+ 74% C
Dividend Return 1.98% 33% F 52% F
Total Return 11.78% 77% C+ 74% C
Trailing 12 Months  
Capital Gain 16.72% 100% F 74% C
Dividend Return 4.08% 74% C 58% F
Total Return 20.80% 100% F 75% C
Trailing 5 Years  
Capital Gain -10.85% 45% F 36% F
Dividend Return 14.25% 25% F 56% F
Total Return 3.40% 50% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain -0.48% 58% F 37% F
Dividend Return 2.75% 50% F 42% F
Total Return 3.23% 46% F 63% D
Risk Return Profile  
Volatility (Standard Deviation) 29.14% 42% F 36% F
Risk Adjusted Return 9.44% 38% F 35% F
Market Capitalization 13.77B 88% B+ 89% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (REIT - Residential) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 46.60 57% 20%
Price/Book Ratio 2.83 24% 30%
Price / Cash Flow Ratio 18.46 40% 19%
Price/Free Cash Flow Ratio 17.75 43% 18%
Management Effectiveness  
Return on Equity 9.57% 85% 56%
Return on Invested Capital 4.37% 69% 40%
Return on Assets 2.69% 81% 52%
Debt to Equity Ratio 114.44% 42% 31%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector