Essex Property Trust, Inc. (ESS)

Last Closing Price: 235.17 (2024-04-19)

Company Description

Essex Property Trust, Inc. is a real estate investment trust 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.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.67B
Net Income (Most Recent Fiscal Year) $405.83M
PE Ratio (Current Year Earnings Estimate) 15.47
PE Ratio (Trailing 12 Months) 15.57
PEG Ratio (Long Term Growth Estimate) 3.45
Price to Sales Ratio (Trailing 12 Months) 9.00
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.68
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 15.62
Pre-Tax Margin (Trailing 12 Months) 25.80%
Net Margin (Trailing 12 Months) 24.31%
Return on Equity (Trailing 12 Months) 7.10%
Return on Assets (Trailing 12 Months) 3.29%
Current Ratio (Most Recent Fiscal Quarter) 3.26
Quick Ratio (Most Recent Fiscal Quarter) 3.26
Debt to Common Equity (Most Recent Fiscal Quarter) 1.11
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $87.15
Earnings per Share (Most Recent Fiscal Quarter) $3.83
Earnings per Share (Most Recent Fiscal Year) $15.03
Diluted Earnings per Share (Trailing 12 Months) $6.31
Stock
Exchange NYSE
Sector Real Estate
Industry REIT - Residential
Common Shares Outstanding 64.21M
Free Float 61.77M
Market Capitalization $15.02B
Average Volume (Last 20 Days) 0.29M
Beta (Past 60 Months) 0.80
Percentage Held By Insiders (Latest Annual Proxy Report) 3.80%
Percentage Held By Institutions (Latest 13F Reports) 96.51%
Annual Dividend (Based on Last Quarter) $9.80
Dividend Yield (Based on Last Quarter) 4.19%