Education
About Us
Working with TipRanks
Follow Us
Essex Property (ESS)
NYSE:ESS
ESS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$230.90 - $317.73
Previous CloseN/A
Volume89.39K
Average Volume (3M)468.12K
Market Cap
$18.05B
Enterprise Value$25.20B
Total Cash (Recent Filing)$22.31M
Total Debt (Recent Filing)$1.89B
Price to Earnings (P/E)23.5
Beta0.98
Next Earnings
Apr 29, 2025EPS Estimate
1.4Last Dividend Ex-Date
Mar 31, 2025Dividend Yield3.66%
Share Statistics
EPS (TTM)11.54
Shares Outstanding64,325,580
10 Day Avg. Volume479,158
30 Day Avg. Volume468,116
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)N/A
Price to Sales (P/S)10.88
Price to Cash Flow (P/CF)22.10
P/FCF Ratio0.00
Enterprise Value/Market Cap1.40
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit20.88
Enterprise Value/Ebitda20.32
Forecast
1Y Price Target
$314.13Price Target Upside19.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
---
Essex Property News
PremiumCompany Announcements
Essex Property Trust Reports Strong 2024 Earnings---
Bulls Say, Bears Say
Bulls Say
AcquisitionsESS plans to be a net acquirer in 2025 with $1 billion in acquisitions, demonstrating growth ambitions.
Demand IncreaseThe devastating wildfires in Los Angeles are expected to lead to increased multifamily demand, benefiting ESS as displaced residents seek housing.
Earnings GrowthESS' near-sector-leading same-store revenue growth, with upside from a recovery in Seattle/San Francisco, is meaningful for its story and near-term growth prospects.
Bears Say
Financial ExpectationsThe company's initial 2025 Core FFO guidance came in below previous consensus expectations.
Financial GuidanceFY25 Core FFO guidance came in approximately 1% below expectations, implying only 1.3% year-over-year growth.
Revenue Growth ConcernsESS's Los Angeles market has struggled with lower revenue growth compared to its overall portfolio, impacted by job losses and high bad debt.
---
Ownership Overview
0.67% Insiders
29.58% Mutual Funds
15.06% Other Institutional Investors
22.96% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ESS FAQ
What was Essex Property’s price range in the past 12 months?
Essex Property lowest stock price was $230.90 and its highest was $317.73 in the past 12 months.
What is Essex Property’s market cap?
Essex Property’s market cap is $18.05B.
When is Essex Property’s upcoming earnings report date?
Essex Property’s upcoming earnings report date is Apr 29, 2025 which is in 20 days.
How were Essex Property’s earnings last quarter?
Essex Property released its earnings results on Feb 04, 2025. The company reported $4 earnings per share for the quarter, beating the consensus estimate of $1.362 by $2.638.
Is Essex Property overvalued?
According to Wall Street analysts Essex Property’s price is currently Undervalued.
Does Essex Property pay dividends?
Essex Property pays a Thriceyearly dividend of $2.569 which represents an annual dividend yield of 3.66%. See more information on Essex Property dividends here
What is Essex Property’s EPS estimate?
Essex Property’s EPS estimate is 1.4.
How many shares outstanding does Essex Property have?
Essex Property has 64,325,580 shares outstanding.
What happened to Essex Property’s price movement after its last earnings report?
Essex Property reported an EPS of $4 in its last earnings report, beating expectations of $1.362. Following the earnings report the stock price went up 3.01%.
Which hedge fund is a major shareholder of Essex Property?
Currently, no hedge funds are holding shares in ESS
---
Essex Property Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$314.13 (19.72% Upside)
$314.13 (19.72% Upside)
Blogger Sentiment
Bullish
ESS Sentiment 71%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 18.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.26%
12-Months-Change
Fundamentals
Return on Equity
13.53%
Trailing 12-Months
Asset Growth
4.58%
Trailing 12-Months
Company Description
Essex Property
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
---
ESS Company Deck
---
ESS Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a generally positive outlook with strong results in 2024 exceeding guidance, strategic acquisitions, and positive occupancy trends. However, the company faces challenges such as regulatory uncertainties in LA and headwinds from interest expenses and structured finance income decline. The favorable economic outlook for 2025 and strong investment market provide additional optimism.Read More>---
ESS Revenue Breakdown
99.42% Rental income
0.58% Management and other fees from affiliates
---
ESS Stock 12 Month Forecast
Average Price Target
$314.13
▲(19.72% Upside)
Technical Analysis
Best Analysts Covering ESS
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+15.63%
reiterated a buy rating 2 months ago
Copying Nicholas Yulico's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +15.63% per trade.
---