NYSE:ESS Essex Property Trust (ESS) Stock Price, News & Analysis $294.35 -3.13 (-1.05%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Essex Property Trust Stock (NYSE:ESS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Essex Property Trust alerts:Sign Up Key Stats Today's Range$293.15▼$298.7450-Day Range$281.80▼$315.1552-Week Range$203.85▼$317.73Volume291,794 shsAverage Volume381,102 shsMarket Capitalization$18.90 billionP/E Ratio36.43Dividend Yield3.33%Price Target$293.40Consensus RatingHold Company OverviewEssex 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… Retire off just one stock ticker? (Ad)ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $15...Click here for the ticker >>> Essex Property Trust Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks91st Percentile Overall ScoreESS MarketRank™: Essex Property Trust scored higher than 91% of companies evaluated by MarketBeat, and ranked 125th out of 910 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold Consensus RatingEssex Property Trust has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 7 buy ratings, 12 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. Earnings and Valuation1.9 / 5Proj. Earnings Growth3.09% Earnings GrowthEarnings for Essex Property Trust are expected to grow by 3.09% in the coming year, from $15.55 to $16.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Essex Property Trust is 36.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Essex Property Trust is 36.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.03.Price to Earnings Growth RatioEssex Property Trust has a PEG Ratio of 5.21. 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 3.38. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.36% 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 2.2, 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 27.23%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend YieldEssex Property Trust pays a meaningful dividend of 3.40%, 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 61.14% 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. Sustainability and ESG2.6 / 5Environmental Score-2.72 Percentage of Shares Shorted1.36% 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 2.2, 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 27.23%, indicating that investor sentiment is decreasing significantly. News and Social Media3.3 / 5News Sentiment0.99 News SentimentEssex Property Trust has a news sentiment score of 0.99. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Essex Property Trust this week, compared to 8 articles on an average week.Search Interest9 people have searched for ESS on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.MarketBeat Follows7 people have added Essex Property Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares 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 $6,399,663.00 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. 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 ESS Stock News HeadlinesEssex Property Trust, Inc. (NYSE:ESS) Director Amal M. Johnson Sells 7,298 SharesSeptember 20, 2024 | insidertrades.comAnne Morrison Sells 2,571 Shares of Essex Property Trust, Inc. (NYSE:ESS) StockSeptember 19, 2024 | insidertrades.comHere’s how to start a “Weekend Side Hustle” from your sofaHere’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand. And that’s how you can kickstart your very own “Weekend Side Hustle!” Now that you know that…October 17, 2024 | DTI (Ad)Essex Property Trust, Inc. (NYSE:ESS) Receives $293.40 Consensus Price Target from AnalystsOctober 14 at 2:47 AM | americanbankingnews.comCamden Property: Going Long On An OutperformerOctober 12, 2024 | seekingalpha.comDividend Aristocrats to Buy in October: 3 Stocks for Steady Growth and IncomeOctober 11, 2024 | finance.yahoo.comIs Essex Property Trust, Inc. (ESS) a Good Dividend Aristocrat To Buy Now?October 11, 2024 | msn.comEssex Property’s Q3 2024 Earnings: What to ExpectOctober 8, 2024 | msn.comSee More Headlines ESS Stock Analysis - Frequently Asked Questions How have ESS shares performed this year? Essex Property Trust's stock was trading at $247.94 at the beginning of 2024. Since then, ESS shares have increased by 18.7% and is now trading at $294.35. View the best growth stocks for 2024 here. How were Essex Property Trust's earnings last quarter? Essex Property Trust, Inc. (NYSE:ESS) announced its quarterly earnings data on Tuesday, July, 30th. The real estate investment trust reported $1.45 EPS for the quarter, missing the consensus estimate of $3.85 by $2.40. The real estate investment trust had revenue of $442.36 million for the quarter, compared to analysts' expectations 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? Top institutional investors of Essex Property Trust include SG Americas Securities LLC (0.23%), Handelsbanken Fonder AB (0.06%), Claro Advisors LLC (0.04%) and Sumitomo Mitsui DS Asset Management Company Ltd (0.03%). Insiders that own company stock include Keith R Guericke, Angela L Kleiman, Amal M Johnson, Anne Morrison, 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 Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM). Company Calendar Ex-Dividend for 7/24 Dividend6/28/2024Dividend Payable7/24/2024Last Earnings7/30/2024Ex-Dividend for 10/11 Dividend9/30/2024Dividend Payable10/11/2024Today10/17/2024Next Earnings (Confirmed)10/29/2024Fiscal 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$293.40 High Stock Price Target$355.00 Low Stock Price Target$225.00 Potential Upside/Downside-0.3%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$8.18 Trailing P/E Ratio36.42 Forward P/E Ratio18.92 P/E Growth5.21Net 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 / Sales11.05 Cash Flow$15.29 per share Price / Cash Flow19.25 Book Value$87.15 per share Price / Book3.38Miscellaneous Outstanding Shares64,209,000Free Float61,778,000Market Cap$18.89 billion OptionableOptionable Beta0.88 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report This page (NYSE:ESS) was last updated on 10/17/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredRetire off just one stock ticker?ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT m...Behind the Markets | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. 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