Essex Property Trust, Inc. (ESS)
NYSE: ESS · Real-Time Price · USD
282.69
+1.04 (0.37%)
At close: May 9, 2025, 4:00 PM
282.69
0.00 (0.00%)
After-hours: May 9, 2025, 7:00 PM EDT

Essex Property Trust Statistics

Total Valuation

ESS has a market cap or net worth of $18.85 billion. The enterprise value is $25.59 billion.

Market Cap 18.85B
Enterprise Value 25.59B

Important Dates

The last earnings date was Tuesday, April 29, 2025, after market close.

Earnings Date Apr 29, 2025
Ex-Dividend Date Mar 31, 2025

Share Statistics

ESS has 66.67 million shares outstanding. The number of shares has increased by 0.15% in one year.

Current Share Class 64.39M
Shares Outstanding 66.67M
Shares Change (YoY) +0.15%
Shares Change (QoQ) +0.06%
Owned by Insiders (%) 0.42%
Owned by Institutions (%) 94.98%
Float 63.81M

Valuation Ratios

The trailing PE ratio is 27.05 and the forward PE ratio is 49.37.

Price/FFO Ratio 18.40
Price/AFFO Ratio n/a
PE Ratio 27.05
Forward PE 49.37
PS Ratio 9.76
Forward PS 9.89
PB Ratio 3.27
P/TBV Ratio 3.38
P/FCF Ratio n/a
P/OCF Ratio 18.21
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 38.08
EV / Sales 13.75
EV / EBITDA 21.65
EV / EBIT 43.35
EV / FCF n/a

Financial Position

The company has a current ratio of 0.38, with a Debt / Equity ratio of 1.18.

Current Ratio 0.38
Quick Ratio 0.12
Debt / Equity 1.18
Debt / EBITDA 5.75
Debt / FCF n/a
Interest Coverage 2.44

Financial Efficiency

Return on equity (ROE) is 12.81% and return on invested capital (ROIC) is 2.95%.

Return on Equity (ROE) 12.81%
Return on Assets (ROA) 2.83%
Return on Invested Capital (ROIC) 2.95%
Return on Capital Employed (ROCE) 4.91%
Revenue Per Employee $1.09M
Profits Per Employee $391,779
Employee Count 1,715
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 +11.08% in the last 52 weeks. The beta is 0.80, so ESS's price volatility has been lower than the market average.

Beta (5Y) 0.80
52-Week Price Change +11.08%
50-Day Moving Average 288.88
200-Day Moving Average 291.73
Relative Strength Index (RSI) 50.14
Average Volume (20 Days) 454,087

Short Selling Information

The latest short interest is 1.31 million, so 1.97% of the outstanding shares have been sold short.

Short Interest 1.31M
Short Previous Month 1.03M
Short % of Shares Out 1.97%
Short % of Float 2.06%
Short Ratio (days to cover) 2.40

Income Statement

In the last 12 months, ESS had revenue of $1.86 billion and earned $671.90 million in profits. Earnings per share was $10.45.

Revenue 1.86B
Gross Profit 1.28B
Operating Income 590.25M
Pretax Income 518.32M
Net Income 671.90M
EBITDA 1.18B
EBIT 590.25M
Earnings Per Share (EPS) $10.45
Full Income Statement

Balance Sheet

The company has $102.14 million in cash and $6.84 billion in debt, giving a net cash position of -$6.74 billion or -$101.13 per share.

Cash & Cash Equivalents 102.14M
Total Debt 6.84B
Net Cash -6.74B
Net Cash Per Share -$101.13
Equity (Book Value) 5.78B
Book Value Per Share 86.55
Working Capital -712.61M
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.03B
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 68.78%, with operating and profit margins of 31.71% and 36.10%.

Gross Margin 68.78%
Operating Margin 31.71%
Pretax Margin 39.70%
Profit Margin 36.10%
EBITDA Margin 63.51%
EBIT Margin 31.71%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $10.28, which amounts to a dividend yield of 3.64%.

Dividend Per Share $10.28
Dividend Yield 3.64%
Dividend Growth (YoY) 5.76%
Years of Dividend Growth n/a
Payout Ratio 98.36%
Buyback Yield -0.15%
Shareholder Yield 3.49%
Earnings Yield 3.57%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for ESS is $306.22, which is 8.32% higher than the current price. The consensus rating is "Hold".

Price Target $306.22
Price Target Difference 8.32%
Analyst Consensus Hold
Analyst Count 20
Revenue Growth Forecast (5Y) 3.30%
EPS Growth Forecast (5Y) -7.81%
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 5