Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
294.74
+0.33 (0.11%)
Feb 21, 2025, 4:00 PM EST - Market closed

Essex Property Trust Statistics

Total Valuation

ESS has a market cap or net worth of $19.63 billion. The enterprise value is $26.21 billion.

Market Cap 19.63B
Enterprise Value 26.21B

Important Dates

The last earnings date was Tuesday, February 4, 2025, after market close.

Earnings Date Feb 4, 2025
Ex-Dividend Date Jan 2, 2025

Share Statistics

ESS has 66.61 million shares outstanding. The number of shares has decreased by -0.00% in one year.

Current Share Class 64.28M
Shares Outstanding 66.61M
Shares Change (YoY) -0.00%
Shares Change (QoQ) +0.06%
Owned by Insiders (%) 0.52%
Owned by Institutions (%) 97.79%
Float 63.61M

Valuation Ratios

The trailing PE ratio is 25.54 and the forward PE ratio is 53.33. ESS's PEG ratio is 15.23.

Price/FFO Ratio 18.43
Price/AFFO Ratio n/a
PE Ratio 25.54
Forward PE 53.33
PS Ratio 10.37
Forward PS 10.43
PB Ratio 3.42
P/TBV Ratio 3.55
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio 15.23
Financial Ratio History

Enterprise Valuation

EV / Earnings 35.35
EV / Sales 14.35
EV / EBITDA 22.69
EV / EBIT 45.25
EV / FCF n/a

Financial Position

The company has a current ratio of 0.52, with a Debt / Equity ratio of 1.16.

Current Ratio 0.52
Quick Ratio 0.10
Debt / Equity 1.16
Debt / EBITDA 5.72
Debt / FCF n/a
Interest Coverage 2.46

Financial Efficiency

Return on equity (ROE) is 14.26% and return on invested capital (ROIC) is 2.98%.

Return on Equity (ROE) 14.26%
Return on Assets (ROA) 2.86%
Return on Invested Capital (ROIC) 2.98%
Return on Capital Employed (ROCE) 4.75%
Revenue Per Employee $1.04M
Profits Per Employee $423,727
Employee Count 1,750
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +26.53% in the last 52 weeks. The beta is 0.94, so ESS's price volatility has been similar to the market average.

Beta (5Y) 0.94
52-Week Price Change +26.53%
50-Day Moving Average 286.56
200-Day Moving Average 286.40
Relative Strength Index (RSI) 58.99
Average Volume (20 Days) 466,081

Short Selling Information

The latest short interest is 995,749, so 1.49% of the outstanding shares have been sold short.

Short Interest 995,749
Short Previous Month 883,812
Short % of Shares Out 1.49%
Short % of Float 1.57%
Short Ratio (days to cover) 2.19

Income Statement

In the last 12 months, ESS had revenue of $1.83 billion and earned $741.52 million in profits. Earnings per share was $11.54.

Revenue 1.83B
Gross Profit 1.26B
Operating Income 579.31M
Pretax Income 518.32M
Net Income 741.52M
EBITDA 1.16B
EBIT 579.31M
Earnings Per Share (EPS) $11.54
Full Income Statement

Balance Sheet

The company has $75.85 million in cash and $6.65 billion in debt, giving a net cash position of -$6.58 billion or -$98.75 per share.

Cash & Cash Equivalents 75.85M
Total Debt 6.65B
Net Cash -6.58B
Net Cash Per Share -$98.75
Equity (Book Value) 5.75B
Book Value Per Share 86.14
Working Capital -343.91M
Full Balance Sheet

Cash Flow

Operating Cash Flow n/a
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 68.91%, with operating and profit margins of 31.72% and 40.60%.

Gross Margin 68.91%
Operating Margin 31.72%
Pretax Margin 44.42%
Profit Margin 40.60%
EBITDA Margin 63.25%
EBIT Margin 31.72%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $9.80, which amounts to a dividend yield of 3.33%.

Dividend Per Share $9.80
Dividend Yield 3.33%
Dividend Growth (YoY) 6.06%
Years of Dividend Growth n/a
Payout Ratio 84.92%
Buyback Yield 0.00%
Shareholder Yield 3.33%
Earnings Yield 3.78%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for ESS is $297.35, which is 0.89% higher than the current price. The consensus rating is "Hold".

Price Target $297.35
Price Target Difference 0.89%
Analyst Consensus Hold
Analyst Count 22
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 3