Essex Property Trust Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 11/197 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 284.24.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
11 / 197
Overall Ranking
50 / 4587
Industry
Residential & Commercial REITs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
27
analysts
Hold
Current Rating
284.240
Target Price
+12.70%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
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 1.77B.
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 19.95, 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.
Ticker SymbolESS
CompanyEssex Property Trust Inc
CEOKleiman (Angela L)
Websitehttps://www.essexapartmenthomes.com/
FAQs
What is the current price of Essex Property Trust Inc (ESS)?
The current price of Essex Property Trust Inc (ESS) is 261.120.
What is the symbol of Essex Property Trust Inc?
The ticker symbol of Essex Property Trust Inc is ESS.
What is the 52-week high of Essex Property Trust Inc?
The 52-week high of Essex Property Trust Inc is 316.290.
What is the 52-week low of Essex Property Trust Inc?
The 52-week low of Essex Property Trust Inc is 243.250.
What is the market capitalization of Essex Property Trust Inc?
The market capitalization of Essex Property Trust Inc is 16.82B.
What is the net income of Essex Property Trust Inc?
The net income of Essex Property Trust Inc is 741.52M.
Is Essex Property Trust Inc (ESS) currently rated as Buy, Hold, or Sell?
According to analysts, Essex Property Trust Inc (ESS) has an overall rating of Hold, with a price target of 284.240.
What is the Earnings Per Share (EPS TTM) of Essex Property Trust Inc (ESS)?
The Earnings Per Share (EPS TTM) of Essex Property Trust Inc (ESS) is 13.159.