Most-Upgraded StocksMost-UpgradedNYSE:ESS Essex Property Trust (ESS) Stock Price, News & Analysis $315.04 +0.99 (+0.32%) (As of 03:07 PM ET) Add Compare Share Share Today's Range$311.51▼$315.5850-Day Range$272.85▼$314.0552-Week Range$203.85▼$315.58Volume76,463 shsAverage Volume372,731 shsMarket Capitalization$20.23 billionP/E Ratio38.51Dividend Yield3.11%Price Target$288.30 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Essex Property Trust alerts: Email Address Essex Property Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.35 Rating ScoreUpside/Downside7.8% Downside$290.10 Price TargetShort InterestHealthy0.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.72Upright™ Environmental ScoreNews Sentiment1.37Based on 23 Articles This WeekInsider TradingSelling Shares$1.79 M Sold Last QuarterProj. Earnings Growth3.09%From $15.53 to $16.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.40 out of 5 starsFinance Sector181st out of 878 stocksReal Estate Investment Trusts Industry21st out of 177 stocks 2.2 Analyst's Opinion Consensus RatingEssex Property Trust has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 8 buy ratings, 11 hold ratings, and 1 sell rating.Amount of Analyst CoverageEssex Property Trust has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Essex Property Trust's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.91% of the float of Essex Property Trust has been sold short.Short Interest Ratio / Days to CoverEssex Property Trust has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Essex Property Trust has recently increased by 1.77%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldEssex Property Trust pays a meaningful dividend of 3.18%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEssex Property Trust has been increasing its dividend for 30 years.Dividend CoverageThe dividend payout ratio of Essex Property Trust is 119.80%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Essex Property Trust will have a dividend payout ratio of 61.21% next year. This indicates that Essex Property Trust will be able to sustain or increase its dividend.Read more about Essex Property Trust's dividend. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEssex Property Trust has received a 16.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Apartment leasing services", "Renovation of apartment buildings", and "Student housing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Essex Property Trust is -2.72. Previous Next 3.0 News and Social Media Coverage News SentimentEssex Property Trust has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Essex Property Trust this week, compared to 7 articles on an average week.Search InterestOnly 5 people have searched for ESS on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Essex Property Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Essex Property Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,787,761.00 in company stock.Percentage Held by InsidersOnly 3.80% of the stock of Essex Property Trust is held by insiders.Percentage Held by Institutions96.51% of the stock of Essex Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Essex Property Trust's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Essex Property Trust are expected to grow by 3.09% in the coming year, from $15.53 to $16.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essex Property Trust is 38.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Essex Property Trust is 38.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.83.Price to Earnings Growth RatioEssex Property Trust has a PEG Ratio of 4.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEssex Property Trust has a P/B Ratio of 3.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Essex Property Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monetary GoldBiden's Executive Order, Dems Digital Money Legislation, First Step ToDonald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.This means you must act NOW before it's too late. About Essex Property Trust Stock (NYSE:ESS)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 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.Read More ESS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ESS Stock News HeadlinesSeptember 5, 2024 | insidertrades.comEssex Property Trust, Inc. (NYSE:ESS) Director Amal M. Johnson Sells 2,453 SharesSeptember 16 at 2:46 AM | americanbankingnews.comEssex Property Trust, Inc. (NYSE:ESS) Receives Consensus Recommendation of "Hold" from AnalystsSeptember 16, 2024 | Crypto 101 Media (Ad)This Crypto Coin Could 10x FASTER Than BitcoinA shocking leak has revealed Japanese electronics giant Sony is now starting its own blockchain. This move is being made in preparation to onboard all of Sony products (including Sony's Playstation, which captured a record 62% share of the global gaming console market in 2024). Enthusiasts and experts are buzzing with anticipation qnd one little-known crypto coin is poised for RAPID growth as we see this all unfold.September 15 at 6:06 AM | fool.comWant Decades of Passive Income? 3 Stocks to Buy Right NowSeptember 12, 2024 | americanbankingnews.comEssex Property Trust (NYSE:ESS) Coverage Initiated at BNP ParibasSeptember 12, 2024 | fool.comBuy These 3 High-Yield Dividend Stocks Today and Sleep Soundly for a DecadeSeptember 12, 2024 | americanbankingnews.comDeutsche Bank Aktiengesellschaft Increases Essex Property Trust (NYSE:ESS) Price Target to $308.00September 12, 2024 | americanbankingnews.comEssex Property Trust (NYSE:ESS) Reaches New 1-Year High on Analyst UpgradeSeptember 16, 2024 | Crypto 101 Media (Ad)This Crypto Coin Could 10x FASTER Than BitcoinA shocking leak has revealed Japanese electronics giant Sony is now starting its own blockchain. This move is being made in preparation to onboard all of Sony products (including Sony's Playstation, which captured a record 62% share of the global gaming console market in 2024). Enthusiasts and experts are buzzing with anticipation qnd one little-known crypto coin is poised for RAPID growth as we see this all unfold.September 10, 2024 | markets.businessinsider.comEssex Property: Hold Rating Amid Mixed Market and Operational SignalsSeptember 7, 2024 | americanbankingnews.comInsider Selling: Essex Property Trust, Inc. (NYSE:ESS) Director Sells $735,900.00 in StockSeptember 6, 2024 | americanbankingnews.comEssex Property Trust (NYSE:ESS) Sets New 52-Week High at $304.69September 6, 2024 | americanbankingnews.comEssex Property Trust (NYSE:ESS) Research Coverage Started at The Goldman Sachs GroupSeptember 5, 2024 | 247wallst.com5 Safe Dividend Aristocrat Favorites Can Survive a Fall Market Sell-OffSeptember 5, 2024 | msn.comGoldman Sachs Initiates Coverage of Essex Property Trust (ESS) with Neutral RecommendationSeptember 4, 2024 | finance.yahoo.comIf You Invested $1000 In Essex Property Trust Stock 20 Years Ago, How Much Would You Have NowAugust 27, 2024 | marketwatch.comEssex Property Trust Inc. stock underperforms Tuesday when compared to competitors despite daily gainsAugust 27, 2024 | finance.yahoo.comESS Sep 2024 230.000 put (ESS240920P00230000)See More Headlines Receive ESS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Essex Property Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/24 Dividend6/28/2024Dividend Payable7/24/2024Last Earnings7/30/2024Today9/16/2024Ex-Dividend for 10/11 Dividend9/30/2024Dividend Payable10/11/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryResidential REITs Current SymbolNYSE:ESS CUSIP29717810 CIK920522 Webwww.essexapartmenthomes.com Phone(650) 655-7800Fax650-494-8743Employees1,750Year FoundedN/APrice Target and Rating Average Stock Price Target$290.10 High Stock Price Target$355.00 Low Stock Price Target$225.00 Potential Upside/Downside-8.4%Consensus RatingHold Rating Score (0-4)2.35 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$8.18 Trailing P/E Ratio38.49 Forward P/E Ratio20.27 P/E Growth4.41Net Income$405.83 million Net Margins30.31% Pretax Margin32.01% Return on Equity9.14% Return on Assets4.13% Debt Debt-to-Equity Ratio1.11 Current Ratio1.62 Quick Ratio1.62 Sales & Book Value Annual Sales$1.71 billion Price / Sales11.82 Cash Flow$15.30 per share Price / Cash Flow20.58 Book Value$87.15 per share Price / Book3.61Miscellaneous Outstanding Shares64,209,000Free Float61,769,000Market Cap$20.22 billion OptionableOptionable Beta0.88 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMs. Angela L. Kleiman (Age 53)President, CEO & Director Comp: $3.08MMs. Barbara M. Pak CFA (Age 46)Executive VP & CFO Comp: $1.68MMs. Anne M. Morrison (Age 42)Executive VP, Chief Administrative Officer, General Counsel & Secretary Comp: $1.29MMr. Rylan K. Burns (Age 39)Executive VP & Chief Investment Officer Mr. John Farias (Age 55)Senior VP & Chief Accounting Officer Sudarshana RangacharySenior Vice President of Human ResourcesDmitry TaraschanskySenior Vice President of TransactionsJessica AndersonSenior Vice President of OperationsMr. Paul Burton MorganSenior Vice President of Portfolio Strategy & AnalyticsAngela KralovecSenior Vice President of Investment ManagementMore ExecutivesKey CompetitorsAvalonBay CommunitiesNYSE:AVBEquity ResidentialNYSE:EQRMid-America Apartment CommunitiesNYSE:MAASun CommunitiesNYSE:SUIUDRNYSE:UDRView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 1,410 shares on 9/5/2024Ownership: 0.002%Amal M JohnsonSold 2,453 sharesTotal: $735,900.00 ($300.00/share)Truist Financial CorpBought 55 shares on 8/21/2024Ownership: 0.032%Duff & Phelps Investment Management Co.Bought 362,210 shares on 8/16/2024Ownership: 0.564%Susquehanna International Group LLPSold 17,500 shares on 8/16/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ESS Stock Analysis - Frequently Asked Questions How have ESS shares performed this year? Essex Property Trust's stock was trading at $247.94 on January 1st, 2024. Since then, ESS shares have increased by 26.9% and is now trading at $314.69. View the best growth stocks for 2024 here. How were Essex Property Trust's earnings last quarter? Essex Property Trust, Inc. (NYSE:ESS) released its earnings results on Tuesday, July, 30th. The real estate investment trust reported $1.45 earnings per share for the quarter, missing analysts' consensus estimates of $3.85 by $2.40. The real estate investment trust had revenue of $442.36 million for the quarter, compared to analyst estimates of $433.26 million. Essex Property Trust had a trailing twelve-month return on equity of 9.14% and a net margin of 30.31%. Read the conference call transcript. Who are Essex Property Trust's major shareholders? Essex Property Trust's top institutional investors include Principal Financial Group Inc. (2.70%), Massachusetts Financial Services Co. MA (1.78%), Legal & General Group Plc (1.68%) and Daiwa Securities Group Inc. (1.56%). Insiders that own company stock include Keith R Guericke, Angela L Kleiman, Amal M Johnson, John Farias, Michael J Schall, Adam W Berry and Barbara Pak. View institutional ownership trends. How do I buy shares of Essex Property Trust? Shares of ESS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Essex Property Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that Essex Property Trust investors own include AT&T (T), Intel (INTC), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Realty Income (O), AbbVie (ABBV) and Simon Property Group (SPG). 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