Essex Property Trust Statistics
Total Valuation
ESS has a market cap or net worth of $17.43 billion. The enterprise value is $23.54 billion.
| Market Cap | 17.43B |
| Enterprise Value | 23.54B |
Important Dates
The next estimated earnings date is Thursday, July 25, 2024, after market close.
| Earnings Date | Jul 25, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
ESS has 64.21 million shares outstanding. The number of shares has decreased by -0.38% in one year.
| Shares Outstanding | 64.21M |
| Shares Change (YoY) | -0.38% |
| Shares Change (QoQ) | +0.04% |
| Owned by Insiders (%) | 1.16% |
| Owned by Institutions (%) | 100.08% |
| Float | 63.54M |
Valuation Ratios
The trailing PE ratio is 33.18 and the forward PE ratio is 49.88. ESS's PEG ratio is 7.76.
| PE Ratio | 33.18 |
| Forward PE | 49.88 |
| PS Ratio | 10.35 |
| Forward PS | 9.99 |
| PB Ratio | 3.14 |
| P/FCF Ratio | 41.13 |
| PEG Ratio | 7.76 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.18, with an EV/FCF ratio of 55.55.
| EV / Earnings | 44.83 |
| EV / Sales | 13.98 |
| EV / EBITDA | 18.18 |
| EV / EBIT | 31.69 |
| EV / FCF | 55.55 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.19 |
| Debt / EBITDA | 5.11 |
| Debt / FCF | 15.62 |
| Interest Coverage | 3.41 |
Financial Efficiency
Return on equity (ROE) is 9.50% and return on invested capital (ROIC) is 4.35%.
| Return on Equity (ROE) | 9.50% |
| Return on Assets (ROA) | 4.20% |
| Return on Capital (ROIC) | 4.35% |
| Revenue Per Employee | $962,230 |
| Profits Per Employee | $300,014 |
| Employee Count | 1,750 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +17.09% in the last 52 weeks. The beta is 0.85, so ESS's price volatility has been lower than the market average.
| Beta (1Y) | 0.85 |
| 52-Week Price Change | +17.09% |
| 50-Day Moving Average | 252.86 |
| 200-Day Moving Average | 234.74 |
| Relative Strength Index (RSI) | 65.24 |
| Average Volume (30 Days) | 330,677 |
Short Selling Information
The latest short interest is 1.41 million, so 2.20% of the outstanding shares have been sold short.
| Short Interest | 1.41M |
| Short Previous Month | 1.52M |
| Short % of Shares Out | 2.20% |
| Short % of Float | 2.22% |
| Short Ratio (days to cover) | 3.79 |
Income Statement
In the last 12 months, ESS had revenue of $1.68 billion and earned $525.02 million in profits. Earnings per share was $8.18.
| Revenue | 1.68B |
| Gross Profit | 1.15B |
| Operating Income | 529.32M |
| Pretax Income | 525.02M |
| Net Income | 525.02M |
| EBITDA | 1.29B |
| EBIT | 742.82M |
| Earnings Per Share (EPS) | $8.18 |
Balance Sheet
The company has $507.87 million in cash and $6.62 billion in debt, giving a net cash position of -$6.11 billion or -$95.15 per share.
| Cash & Cash Equivalents | 507.87M |
| Total Debt | 6.62B |
| Net Cash | -6.11B |
| Net Cash Per Share | -$95.15 |
| Equity / Book Value | 5.55B |
| Book Value Per Share | 86.41 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $1.02 billion and capital expenditures -$594.24 million, giving a free cash flow of $423.76 million.
| Operating Cash Flow | 1.02B |
| Capital Expenditures | -594.24M |
| Free Cash Flow | 423.76M |
| FCF Per Share | $6.60 |
Margins
Gross margin is 68.10%, with operating and profit margins of 31.43% and 31.18%.
| Gross Margin | 68.10% |
| Operating Margin | 31.43% |
| Pretax Margin | 31.18% |
| Profit Margin | 31.18% |
| EBITDA Margin | 76.88% |
| EBIT Margin | 44.11% |
| FCF Margin | 25.17% |
Dividends & Yields
This stock pays an annual dividend of $9.80, which amounts to a dividend yield of 3.61%.
| Dividend Per Share | $9.80 |
| Dividend Yield | 3.61% |
| Dividend Growth (YoY) | 5.54% |
| Years of Dividend Growth | 30 |
| Payout Ratio | 119.80% |
| Buyback Yield | 0.38% |
| Shareholder Yield | 3.99% |
| Earnings Yield | 3.01% |
| FCF Yield | 2.43% |
Analyst Forecast
The average price target for ESS is $256.33, which is -5.57% lower than the current price. The consensus rating is "Hold".
| Price Target | $256.33 |
| Price Target Difference | -5.57% |
| Analyst Consensus | Hold |
| Analyst Count | 20 |
| Revenue Growth Forecast (5Y) | 2.68% |
| EPS Growth Forecast (5Y) | 1.97% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |