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Essex Property Trust, Inc. (ESS)

(Delayed Data from NYSE)

$311.07 USD


-4.33 (-1.37%)

Updated Jun 15, 2021 03:59 PM ET

After-Market: $311.02 -0.05 (-0.02%) 7:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy25.41%
5Strong Sell3.06%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 45% (138 out of 251)

Industry: REIT and Equity Trust - Residential

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Company Summary

Headquartered in San Mateo, CA, Essex Property Trust, Inc. is a real estate investment trust (REIT) engaged in the acquisition, development, redevelopment and management of multifamily residential properties in supply constrained markets.

Specifically, the company enjoys concentration of assets in select coastal submarkets along the West Coast, including Southern California (Los Angeles, Orange, San Diego, and Ventura counties), Northern California (the San Francisco Bay Area) and the Seattle metropolitan areas. Notably, in April 2014, Essex Property completed the merger with BRE Properties which led to the creation of a premium West Coast ...

General Information

Essex Property Trust, Inc.



Phone: 650-655-7800

Fax: 650-494-8743



Industry REIT and Equity Trust - Residential
Sector Finance
Fiscal Year End December
Last Reported Quarter 3/31/2021
Next EPS Date 8/2/2021

EPS Information

Current Quarter EPS Consensus Estimate 2.98
Current Year EPS Consensus Estimate 12.20
Estimated Long-Term EPS Growth Rate 3.50
Next EPS Report Date 8/2/2021

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 315.40
52 Week High 316.63
52 Week Low 186.30
Beta 0.73
20 Day Moving Average 307,513.00
Target Price Consensus 304.73


% Price Change
4 Week 9.46
12 Week 14.28
YTD 32.85
% Price Change Relative to S&P 500
4 Week 7.10
12 Week 5.84
YTD 17.26
Share Information
Shares Outstanding (millions) 65.00
Market Capitalization (millions) 20,500.66
Short Ratio NA
Last Split Date NA
Dividend Information
Dividend Yield 2.65%
Annual Dividend $8.36
Payout Ratio 0.67
Change in Payout Ratio 0.06
Last Dividend Payout / Amount 3/30/2021 / $2.09

Fundamental Ratios

P/E (F1) 25.85
Trailing 12 Months 25.43
PEG Ratio 7.34
EPS Growth
vs. Previous Year -11.78%
vs. Previous Quarter 1.66%
Sales Growth
vs. Previous Year -9.49%
vs. Previous Quarter -1.92%
Price Ratios
Price/Book 3.30
Price/Cash Flow 19.01
Price / Sales 14.06
3/31/21 6.58
12/31/20 9.02
9/30/20 9.46
3/31/21 3.15
12/31/20 4.30
9/30/20 4.57
Current Ratio
3/31/21 2.40
12/31/20 1.83
9/30/20 3.14
Quick Ratio
3/31/21 2.40
12/31/20 1.83
9/30/20 3.14
Operating Margin
3/31/21 28.21
12/31/20 38.03
9/30/20 39.89
Net Margin
3/31/21 28.95
12/31/20 38.03
9/30/20 39.89
Pre-Tax Margin
3/31/21 30.68
12/31/20 40.07
9/30/20 41.94
Book Value
3/31/21 95.55
12/31/20 94.83
9/30/20 96.12
Inventory Turnover
3/31/21 NA
12/31/20 NA
9/30/20 NA
3/31/21 0.98
12/31/20 1.01
9/30/20 1.05
Debt to Capital
3/31/21 49.68
12/31/20 50.40
9/30/20 51.45