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.
Media Coverage
The current financial score of Essex Property Trust Inc is 8.73, ranking 32 out of 191 in the Residential & Commercial REITs industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 479.63M, representing a year-over-year increase of 5.54%, while its net profit experienced a year-over-year increase of 68.70%.
Key Metrics
The current valuation score of Essex Property Trust Inc is 8.22, ranking 72 out of 191 in the Residential & Commercial REITs industry. Its current P/E ratio is 24.81, which is 59.46% below the recent high of 39.56 and 24.80% above the recent low of 18.66.
The current earnings forecast score of Essex Property Trust Inc is 6.22, ranking 149 out of 191 in the Residential & Commercial REITs industry. The average price target is 283.50, with a high of 318.00 and a low of 239.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Essex Property Trust Inc is 9.04, ranking 59 out of 191 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 263.48 and the support level at 248.63, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Essex Property Trust Inc is 10.00, ranking 1 out of 191 in the Residential & Commercial REITs industry. The latest institutional shareholding proportion is 104.34%, representing a quarter-over-quarter decrease of 0.45%. The largest institutional shareholder is The Vanguard, holding a total of 10.22M shares, representing 15.87% of shares outstanding, with 1.58% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Essex Property Trust Inc is 9.62, ranking 41 out of 191 in the Residential & Commercial REITs industry. The company's beta value is 0.74. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Essex Property Trust Inc’s latest ESG disclosure leads the Residential & Commercial REITs industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
