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NYSE: ESS
Essex Property Trust Inc Stock

$247.21-0.53 (-0.21%)
Updated Apr 25, 2024
ESS Price
$247.21
Fair Value Price
N/A
Market Cap
$15.87B
52 Week Low
$203.85
52 Week High
$252.85
P/E
39.12x
P/B
2.93x
P/S
9.54x
PEG
0.9x
Dividend Yield
3.79%
Revenue
$1.67B
Earnings
$405.83M
Gross Margin
68.2%
Operating Margin
37.06%
Profit Margin
24.3%
Debt to Equity
1.24
Operating Cash Flow
$980M
Beta
0.9
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

ESS Overview

Essex Property Trust Inc is a real estate investment trust (REIT) that invests in apartment complexes and office buildings, primarily on the West Coast of the U.S. The company was founded in 1971 and is headquartered in San Mateo, CA.

Zen Score

Industry Average (27)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ESS scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ESS ($247.21) is trading above its intrinsic value of $131.11, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ESS is good value based on its earnings relative to its share price (39.12x), compared to the US market average (40.97x)
P/E vs Market Valuation
ESS is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more ESS due diligence checks available for Premium users.

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ESS News

Valuation

ESS price to earnings (PE)

For valuing profitable companies with steady earnings
Company
39.12x
Industry
17.21x
Market
40.97x
ESS is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ESS is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

ESS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.93x
Industry
2.28x
ESS is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ESS price to earnings growth (PEG)

For valuing profitable companies with growth potential
ESS is good value based... subscribe to Premium to read more.
PEG Value Valuation

ESS's financial health

Profit margin

Revenue
$421.7M
Net Income
$65.4M
Profit Margin
15.5%
ESS's Earnings (EBIT) of $618.73M... subscribe to Premium to read more.
Interest Coverage Financials
ESS's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$12.4B
Liabilities
$6.7B
Debt to equity
1.24
ESS's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
ESS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$203.7M
Investing
-$42.7M
Financing
-$161.1M
ESS's operating cash flow ($980.06M)... subscribe to Premium to read more.
Debt Coverage Financials

ESS vs Residential REIT Stocks

TickerMarket Cap1d %P/EP/B
ESS$15.87B-0.21%39.12x2.93x
MAA$14.85B-0.93%27.01x2.44x
SUI$14.80B-1.15%-69.54x2.06x
AMH$13.09B+0.53%35.41x1.88x
UDR$12.50B+0.21%28.34x3.13x

Essex Property Trust Stock FAQ

What is Essex Property Trust's quote symbol?

(NYSE: ESS) Essex Property Trust trades on the NYSE under the ticker symbol ESS. Essex Property Trust stock quotes can also be displayed as NYSE: ESS.

If you're new to stock investing, here's how to buy Essex Property Trust stock.

What is the 52 week high and low for Essex Property Trust (NYSE: ESS)?

(NYSE: ESS) Essex Property Trust's 52-week high was $252.85, and its 52-week low was $203.85. It is currently -2.23% from its 52-week high and 21.27% from its 52-week low.

How much is Essex Property Trust stock worth today?

(NYSE: ESS) Essex Property Trust currently has 64,203,497 outstanding shares. With Essex Property Trust stock trading at $247.21 per share, the total value of Essex Property Trust stock (market capitalization) is $15.87B.

Essex Property Trust stock was originally listed at a price of $35.00 in Dec 31, 1997. If you had invested in Essex Property Trust stock at $35.00, your return over the last 26 years would have been 606.31%, for an annualized return of 7.81% (not including any dividends or dividend reinvestments).

How much is Essex Property Trust's stock price per share?

(NYSE: ESS) Essex Property Trust stock price per share is $247.21 today (as of Apr 25, 2024).

What is Essex Property Trust's Market Cap?

(NYSE: ESS) Essex Property Trust's market cap is $15.87B, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Essex Property Trust's market cap is calculated by multiplying ESS's current stock price of $247.21 by ESS's total outstanding shares of 64,203,497.
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