Financhill
Buy
60

ESS Quote, Financials, Valuation and Earnings

Last price:
$288.34
Seasonality move :
5.5%
Day range:
$287.68 - $293.79
52-week range:
$225.40 - $317.73
Dividend yield:
3.4%
P/E ratio:
24.99x
P/S ratio:
10.44x
P/B ratio:
3.35x
Volume:
436.4K
Avg. volume:
472K
1-year change:
26.89%
Market cap:
$18.5B
Revenue:
$1.8B
EPS (TTM):
$11.54

Analysts' Opinion

  • Consensus Rating
    Essex Property Trust has received a consensus rating of Hold. The company's average rating is a Hold based on 3 Buy ratings, 17 Hold ratings, and 1 Sell rating.
  • Price Target Upside
    According to analysts' consensus price target of $307.67, Essex Property Trust has an estimated upside of 6.69% from its current price of $288.37.
  • Price Target Downside
    According to analysts, the lowest downside price target is $280.00 representing 2.9% downside risk from its current price of $288.37.

Fair Value

  • According to the consensus of 21 analysts, Essex Property Trust has 6.69% upside to fair value with a price target of $307.67 per share.

ESS vs. S&P 500

  • Over the past 5 trading days, Essex Property Trust has underperformed the S&P 500 by -2.72% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Essex Property Trust does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Essex Property Trust has grown year-over-year revenues for 13 quarters straight. In the most recent quarter Essex Property Trust reported revenues of $454.5M.

Earnings Growth

  • Essex Property Trust has grown year-over-year earnings for 2 quarters straight. In the most recent quarter Essex Property Trust reported earnings per share of $4.00.
Enterprise value:
25.2B
EV / Invested capital:
--
Price / LTM sales:
10.44x
EV / EBIT:
20.81x
EV / Revenue:
14.21x
PEG ratio (5yr expected):
0.30x
EV / Free cash flow:
27.70x
Price / Operating cash flow:
20.26x
Enterprise value / EBITDA:
14.07x
Gross Profit (TTM):
$1.4B
Return On Assets:
5.85%
Net Income Margin (TTM):
41.79%
Return On Equity:
13.02%
Return On Invested Capital:
6.13%
Operating Margin:
28.32%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $1.6B $1.7B $1.8B $421.7M $454.5M
Gross Profit $1.4B $1.4B $1.4B $363.2M $308.9M
Operating Income $786.9M $751.3M $692.8M $206M $128.7M
EBITDA $1.5B $1.4B $1.8B $338.4M $511.4M
Diluted EPS $6.28 $6.31 $11.54 $1.02 $4.00
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $484.9M $591.5M $258.5M $662.8M $352.3M
Total Assets $12.9B $13B $12.4B $12.4B $12.9B
Current Liabilities $356M $694.4M $389.9M $352.8M $137.9M
Total Liabilities $6.7B $6.8B $6.5B $6.7B $7.2B
Total Equity $6.2B $6.2B $5.9B $5.6B $5.8B
Total Debt $6.3B $6.3B $6B $6.2B $6.6B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations $1B $943.3M $1.1B $288.1M $316.2M
Cash From Investing -$371.6M $112.9M -$886.4M -$67.9M -$221.4M
Cash From Financing -$649.9M -$709.3M -$487.5M $111.2M -$78.7M
Free Cash Flow $866.9M $792.9M $910.1M $249.8M $279.6M
ESS
Sector
Market Cap
$18.5B
$1B
Price % of 52-Week High
90.76%
81.78%
Dividend Yield
3.4%
3.18%
Shareholder Yield
2.95%
3.47%
1-Year Price Total Return
26.89%
-0.75%
Beta (5-Year)
0.923
0.883
Dividend yield:
3.4%
Annualized payout:
$7.35
Payout ratio:
62.44%
Growth streak:
0 years

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Technicals

8-day SMA
Sell
Level $292.40
200-day SMA
Buy
Level $285.27
Bollinger Bands (100)
Sell
Level 282.52 - 301.84
Chaikin Money Flow
Buy
Level 149.4M
20-day SMA
Buy
Level $286.07
Relative Strength Index (RSI14)
Buy
Level 51.39
ADX Line
Buy
Level 15.91
Williams %R
Neutral
Level -48.6981
50-day SMA
Buy
Level $287.18
MACD (12, 26)
Buy
Level 1.81
25-day Aroon Oscillator
Buy
Level 72
On Balance Volume
Neutral
Level 136.7M

Financial Scores

Hold
Altman Z-Score (Annual)
Level (1.8333)
Sell
CA Score (Annual)
Level (-0.3433)
Buy
Beneish M-Score (Annual)
Level (-2.8205)
Buy
Momentum Score
Level (8)
Buy
Ohlson Score
Level (-0.6196)
Buy
Piotroski F Score (Annual)
Level (8)
Buy
Quality Ratio Score
Level (2)
Buy
Fundamental Score
Level (7)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Essex Property Trust owns a portfolio of 254 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.

Stock Forecast FAQ

In the current month, ESS has received 3 Buy ratings 17 Hold ratings, and 1 Sell ratings. The ESS average analyst price target in the past 3 months is $307.67.

  • Where Will Essex Property Trust Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Essex Property Trust share price will rise to $307.67 per share over the next 12 months.

  • What Do Analysts Say About Essex Property Trust?

    Analysts are divided on their view about Essex Property Trust share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Essex Property Trust is a Sell and believe this share price will drop from its current level to $280.00.

  • What Is Essex Property Trust's Price Target?

    The price target for Essex Property Trust over the next 1-year time period is forecast to be $307.67 according to 21 Wall Street analysts, 3 of them rate the stock a Buy, 1 rates the stock a Sell, and 17 analysts rate the stock a Hold.

  • Is ESS A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Essex Property Trust is a Hold. 17 of 21 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of ESS?

    You can purchase shares of Essex Property Trust via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Essex Property Trust shares.

  • What Is The Essex Property Trust Share Price Today?

    Essex Property Trust was last trading at $288.34 per share. This represents the most recent stock quote for Essex Property Trust. Yesterday, Essex Property Trust closed at $288.37 per share.

  • How To Buy Essex Property Trust Stock Online?

    In order to purchase Essex Property Trust stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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