How to Buy Essex Property Trust Stock
Essex Property Trust Inc
Essex Property Trust is a residential REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker ESS on the NYSE exchange.
Essex Property Trust stock last closed at $226.57, down 1.64% from the previous day, and has decreased 29.9% in one year. It has underperformed other stocks in the REIT - Residential industry by 0.07 percentage points. Essex Property Trust stock is currently +10.39% from its 52-week low of $205.24, and -37.65% from its 52-week high of $363.36.
There are currently 64.75M shares of ESS outstanding. The market capitalization of ESS is $14.67B. In the past 24 hours, 460,881 ESS shares were traded.
How to Buy Essex Property Trust Stock
Wondering how to invest in Essex Property Trust stock? Here's how.
- Figure out where to buy Essex Property Trust stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Essex Property Trust stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your information.
- Research Essex Property Trust stock: The Essex Property Trust ticker symbol is ESS. Is Essex Property Trust stock a good investment? Should you buy shares of ESS? How do ESS's underlying business fundamentals look? Do top analysts think Essex Property Trust is a good buy? Why has ESS's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if ESS is a good stock to buy).
- Execute your ESS buy order: Decide if you will purchase ESS shares at the current market price or use a limit order to buy ESS shares at a specific price.
- Keep an eye on your ESS position: Create a watchlist to important notifications about your position in Essex Property Trust stock.
Step 1: Figure out where to buy Essex Property Trust stock
You need a brokerage account in order to access the NYSE market and buy ESS shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to invest in ESS today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Enter your personal info to open your new brokerage account.
- Submit your info by hitting the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on investing apps, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Research Essex Property Trust stock
Once you have selected the best place to buy Essex Property Trust stock, it's crucial to analyze their stock before you invest, so you can comprehend the risk as well as the opportunity.
Essex Property Trust shares at a glance
Essex Property Trust Overview
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ESS's stock page.
How is ESS stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ESS's fair value.
Using relative valuations measures:
- ESS could be overvalued based on its P/E ratio of 41.05x, relative to REIT - Residential industry P/E ratio of 39.4x
- ESS may be overvalued based on its P/B ratio of 2.57x, relative to REIT - Residential industry P/B ratio of 2.45x
- ESS may be undervalued based on its PEG ratio of 0.87x
You can do additional valuation research on ESS's stock here.
A quick look at ESS Financials
Signs that ESS is not financially healthy:
- ESS has a relatively high debt to equity ratio of 1.18.
- ESS profit margin has gone down from 31.3% to 23% in the past year.
- ESS earnings of $563.01M is not enough to cover its interest payments.
- ESS's operating cash flow of $1.01B allows it to safely service it's debt of $6.24B.
- Total ESS debt is higher than 5 years ago, relative to shareholder equity.
Is ESS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 23 Equities analysts who give forecasts on ESS, the consensus analyst rating on ESS is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent ESS Analyst Upgrades/Downgrades
Michael Lewis, a top 24% analyst from Truist Securities maintains ESS with a strong buy rating and raises their ESS price target from $247.00 to $250.00, on Jan 17, 2023.
Anthony Paolone, a top 24% analyst from JP Morgan downgrades ESS to a hold rating and lowers their ESS price target from $284.00 to $267.00, on Dec 16, 2022.
Michael Goldsmith, a top 37% analyst from UBS initiates coverage on ESS with a hold rating and announces their ESS price target of $226.00, on Dec 15, 2022.
Robert Stevenson, a bottom 15% analyst from Janney Montgomery Scott downgrades ESS to a hold rating, on Dec 14, 2022.
Todd Thomas, a top 5% analyst from KeyBanc downgrades ESS to a hold rating, on Dec 14, 2022.
You can dig deeper into what analysts are projecting on the Essex Property Trust stock forecast page.
ESS Momentum
ESS Performance Numbers
Last year, ESS earnings were $360.02M. Over the past five year, ESS's earnings have increased by -7.18% per year. This was slower than the REIT - Residential industry average of 26.32%.
Last year, ESS revenue was $1.56B. Over the past 5 year, ESS's revenue has grown by 3.01% per year. This was slower than the REIT - Residential industry average of 8.97%.
You can research ESS's earnings and revenue performance here.
Are ESS insiders buying or selling the stock?
Over the last 12 months, insiders at ESS have bought more shares than they have sold.
Amal M. Johnson, Director of ESS, was the latest ESS insider to buy. They bought $109,220.00 worth of ESS shares on Dec 2, 2022.
Research more about who owns ESS shares here.
Does ESS provide a stable income stream?
Essex Property Trust pays a dividend of 3.88%, compared to the REIT - Residential industry's average dividend yield of 3.18%. If you owned $1,000 of ESS stock, you would have been paid $38.84 in the past 12 months.
Essex Property Trust dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Essex Property Trust dividend yield and history here.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your ESS buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your ESS position
Now that you own some shares in ESS, you'll want to keep up with your new investment.
Put ESS on a watchlist to monitor your ESS stock.
ESS Feed
How to Buy Stock in Essex Property Trust
To summarize, here are the 6 steps you need to take to buy Essex Property Trust stock right now:
- Figure out where to buy Essex Property Trust stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Essex Property Trust stock
- Execute your ESS buy order
- Keep an eye on your ESS position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Essex Property Trust, create a watchlist today.
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