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

EQUITY | REIT - Residential | New York Stock Exchange

Last Closing

USD 246.92

Change

-0.29 (-0.12)%

Market Cap

USD 13.77B

Volume

0.42M

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)

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Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for REIT - Residential

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

+2.24 (+1.15%)

USD 27.71B
EQR Equity Residential

+0.94 (+1.42%)

USD 25.05B
INVH Invitation Homes Inc

+0.28 (+0.81%)

USD 20.56B
MAA Mid-America Apartment Communit..

+3.35 (+2.52%)

USD 16.34B
SUI Sun Communities Inc

+0.94 (+0.81%)

USD 15.95B
AMH American Homes 4 Rent

+0.24 (+0.66%)

USD 15.10B
UDR UDR Inc

+0.77 (+2.01%)

USD 12.95B
ELS Equity Lifestyle Properties In..

+0.31 (+0.49%)

USD 12.32B
MAA-PI Mid-America Apartment Communit..

N/A

USD 12.23B
CPT Camden Property Trust

+2.66 (+2.55%)

USD 11.29B

ETFs Containing ESS

RESI 7.31 % 0.00 %

N/A

N/A
REZ iShares Residential and M.. 4.63 % 0.48 %

+1.03 (+0.99%)

USD 0.62B
RSPR Invesco S&P 500® Equal.. 3.44 % 0.00 %

+0.44 (+0.99%)

USD 0.12B
HPES:LSE HSBC FTSE EPRA NAREIT Dev.. 2.62 % 0.00 %

+0.08 (+0.99%)

USD 0.01B
HPNS:LSE HSBC FTSE EPRA NAREIT Dev.. 2.62 % 0.00 %

+0.09 (+0.99%)

USD 0.05B
GQRE FlexShares Global Quality.. 0.00 % 0.45 %

+0.77 (+0.99%)

USD 0.30B

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 -0.41% 54% F 42% F
Dividend Return 0.99% 29% F 48% F
Total Return 0.58% 50% F 41% F
Trailing 12 Months  
Capital Gain 12.37% 96% N/A 65% D
Dividend Return 4.27% 74% C 62% D
Total Return 16.64% 96% N/A 66% D+
Trailing 5 Years  
Capital Gain -12.26% 38% F 34% F
Dividend Return 15.28% 31% F 60% D-
Total Return 3.02% 31% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -2.22% 38% F 30% F
Dividend Return 0.94% 35% F 32% F
Total Return 3.16% 46% F 63% D
Risk Return Profile  
Volatility (Standard Deviation) 28.99% 46% F 39% F
Risk Adjusted Return 3.26% 31% F 29% F
Market Capitalization 13.77B 84% B 88% B+

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 52% 18%
Price/Book Ratio 2.83 24% 30%
Price / Cash Flow Ratio 15.95 36% 22%
Price/Free Cash Flow Ratio 17.75 43% 19%
Management Effectiveness  
Return on Equity 7.46% 69% 47%
Return on Invested Capital 4.37% 73% 40%
Return on Assets 2.71% 81% 53%
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.

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.

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