ESS 📈 Essex Property Trust - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2971781057
ESS: Apartments, Residential, Properties, Rentals, Homes
Essex Property Trust, Inc. is a prominent player in the real estate investment trust (REIT) sector, boasting a strong presence on the S&P 500 index. As a fully integrated REIT, the company has a multifaceted approach to the multifamily residential market, focusing on the acquisition, development, redevelopment, and management of properties in select West Coast markets. This strategic geographic focus enables Essex to leverage its expertise and capitalize on the region's unique demographic and economic trends.
With a substantial portfolio of 254 apartment communities, comprising approximately 62,000 apartment homes, Essex has established itself as a major owner and operator of multifamily properties on the West Coast. The company's extensive experience in the region has allowed it to cultivate a deep understanding of the local markets, enabling it to make informed investment decisions and drive long-term growth. By maintaining a strong online presence, including its website at https://www.essexapartmenthomes.com, Essex provides easy access to information about its properties and services, further enhancing its reputation as a trusted and reliable partner in the multifamily residential sector.
From a financial perspective, Essex Property Trust, Inc. is classified as a common stock, with the International Securities Identification Number (ISIN) US2971781057. The company is categorized under the GICS Sub Industry of Multi-Family Residential REITs, which provides a framework for investors to evaluate its performance and compare it to that of its peers. By operating within this specific niche, Essex is able to concentrate its efforts on delivering exceptional results and creating value for its shareholders, while also contributing to the development and growth of the multifamily residential market on the West Coast.
Additional Sources for ESS Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ESS Stock Overview
Market Cap in USD | 19,685m |
Sector | Real Estate |
Industry | REIT - Residential |
GiC Sub-Industry | Multi-Family Residential REITs |
IPO / Inception | 1994-06-06 |
ESS Stock Ratings
Growth 5y | 25.1% |
Fundamental | 49.1% |
Dividend | 64.2% |
Rel. Strength Industry | 248 |
Analysts | 3.23/5 |
Fair Price Momentum | 278.17 USD |
Fair Price DCF | 368.97 USD |
ESS Dividends
Dividend Yield 12m | 3.40% |
Yield on Cost 5y | 3.87% |
Annual Growth 5y | 3.45% |
Payout Consistency | 100.0% |
ESS Growth Ratios
Growth Correlation 3m | 42.1% |
Growth Correlation 12m | 91.7% |
Growth Correlation 5y | 20.5% |
CAGR 5y | 2.61% |
CAGR/Mean DD 5y | 0.12 |
Sharpe Ratio 12m | 0.79 |
Alpha | -9.50 |
Beta | 1.19 |
Volatility | 30.41% |
Current Volume | 1417.6k |
Average Volume 20d | 376.6k |
As of December 22, 2024, the stock is trading at USD 283.76 with a total of 1,417,592 shares traded.
Over the past week, the price has changed by -5.35%, over one month by -5.60%, over three months by -6.55% and over the past year by +22.46%.
Partly, yes. Based on ValueRay Fundamental Analyses, Essex Property Trust (NYSE:ESS) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 49.12 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ESS as of December 2024 is 278.17. This means that ESS is currently overvalued and has a potential downside of -1.97%.
Essex Property Trust has received a consensus analysts rating of 3.23. Therefor, it is recommend to hold ESS.
- Strong Buy: 2
- Buy: 4
- Hold: 19
- Sell: 0
- Strong Sell: 1
According to ValueRays Forecast Model, ESS Essex Property Trust will be worth about 306.3 in December 2025. The stock is currently trading at 283.76. This means that the stock has a potential upside of +7.95%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 309.2 | 9% |
Analysts Target Price | 243.9 | -14.1% |
ValueRay Target Price | 306.3 | 8% |