Essex Property Trust Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 19 out of 191 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 280.96.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Essex Property Trust Inc's Score
Industry at a Glance
Industry Ranking
19 / 191
Overall Ranking
49 / 4521
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
Essex Property Trust Inc Highlights
StrengthsRisks
Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company acquires, develops, redevelops, and manages apartment communities in selected residential areas located on the West Coast of the United States. The Company defines its operating segments as the three geographical regions in which its communities are located: Southern California, Northern California, and Seattle metro. It has ownership interests in approximately 257 apartment communities comprising over 62,000 apartment homes. The Company owns all of its interests in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. It invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. It focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 1.89B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 84.91%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 84.91%.
Undervalued
The company’s latest PE is 24.81, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 66.15M shares, decreasing 0.00% quarter-over-quarter.
Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company acquires, develops, redevelops, and manages apartment communities in selected residential areas located on the West Coast of the United States. The Company defines its operating segments as the three geographical regions in which its communities are located: Southern California, Northern California, and Seattle metro. It has ownership interests in approximately 257 apartment communities comprising over 62,000 apartment homes. The Company owns all of its interests in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. It invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. It focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities.