ESS:NYE-Essex Property Trust, Inc (USD)

COMMON STOCK | REIT—Residential | NYE

Last Closing Price

USD 207.52

Change

+3.41 (+1.67)%

Market Cap

USD 13.31B

Volume

0.40M

Average Target Price

USD 241.25 (+16.25%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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 247 apartment communities comprising approximately 60,000 apartment homes with an additional 7 properties in various stages of active development. Address: 1100 Park Place, San Mateo, CA, United States, 94403

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-28 )

Largest Industry Peers for REIT—Residential

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
AVB AvalonBay Communities, Inc

+3.41 (+2.30%)

USD20.84B 26.20 16.53
EQR Equity Residential

+0.97 (+1.88%)

USD19.19B 16.73 11.47
INVH Invitation Homes Inc

+0.96 (+3.48%)

USD15.46B 81.70 21.44
SUI Sun Communities, Inc

+4.79 (+3.36%)

USD14.03B 100.22 26.68
MAA-PI Mid-America Apartment Communit..

N/A

USD13.88B 19.39 N/A
MAA Mid-America Apartment Communit..

+1.76 (+1.53%)

USD13.20B 38.23 16.75
ELS Equity LifeStyle Properties, I..

+1.07 (+1.72%)

USD11.36B 47.63 26.48
UDR UDR, Inc

+0.59 (+1.82%)

USD9.56B 50.54 14.77
AMH-PH American Homes 4 Rent

+0.13 (+0.48%)

USD9.40B 82.87 N/A
AMH-PF American Homes 4 Rent

+0.22 (+0.83%)

USD9.26B 79.09 N/A

ETFs Containing ESS

Symbol Name Weight Mer Price(Change) Market Cap
REZ iShares Residential and M.. 0.00 % 0.48 %

+1.29 (+2.14%)

USD0.37B
IUSP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+53.00 (+2.93%)

USD0.72B
IQQ7:F iShares US Property Yield.. 0.00 % 0.40 %

+0.65 (+3.25%)

USD0.72B
IQQ7:XETRA iShares US Property Yield.. 0.00 % 0.40 %

+0.72 (+3.64%)

USD0.72B

Market Performance

  Market Performance vs.
Industry/Classification (REIT—Residential)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -31.02% 20% F 22% F
Dividend Return 1.38% 13% F 44% F
Total Return -29.64% 20% F 22% F
Trailing 12 Months  
Capital Gain -36.47% 13% F 17% F
Dividend Return 1.87% 13% F 42% F
Total Return -34.60% 10% F 17% F
Trailing 5 Years  
Capital Gain -7.12% 44% F 37% F
Dividend Return 15.32% 11% F 49% F
Total Return 8.21% 39% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain 5.64% N/A N/A 68% D+
Dividend Return 2.94% N/A N/A 68% D+
Total Return 8.58% N/A N/A 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 16.77% N/A N/A 48% F
Risk Adjusted Return 51.19% N/A N/A 68% D+
Market Capitalization 13.31B 87% B+ 87% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT—Residential)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 20.90 86% B 36% F
Price/Book Ratio 2.10 48% F 34% F
Price / Cash Flow Ratio 14.48 60% D- 23% F
EV/EBITDA 13.75 71% C- 40% F
Management Effectiveness  
Return on Equity 10.33% 80% B- 69% D+
Return on Invested Capital 3.87% 83% B 40% F
Return on Assets 2.95% 97% A+ 63% D
Debt to Equity Ratio 93.29% 43% F 37% F
Technical Ratios  
Short Ratio 2.51 86% B 46% F
Short Percent 2.17% 48% F 68% D+
Beta 0.61 63% D 76% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector