- Ticker
- ESS
- Price
- 296.28
- Stock movement up
- +4.06 (1.39%)
- Company name
- Essex Property Trust Inc
- Exchange
- (NYSE ,
- Currency
- USD )
- Sector
- Real Estate >REIT-Residential
- Market cap
- 19.36B
- Ent value
- 25.85B
- Price/Sales
- 13.19
- Price/Book
- 3.13
- Div yield
- 2.97%
- Div growth
- 5.49%
- Growth years
- 26
- FCF payout
- -119.66%
- Trailing P/E
- 49.21
- Forward P/E
- 46.08
- PEG
- 6.23
- EPS growth
- 3.70%
- 1 year return
- 2.74%
- 3 year return
- 1.40%
- 5 year return
- 3.24%
- 10 year return
- 6.49%
Last updated: 2022-05-13
DIVIDENDS
Dividend yield - 5y
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Dividend yield data
| Dividend per share | 8.80 |
| Dividend yield | 2.97% |
| Payout frequency | Quarterly |
| Maximum yield | 4.56% |
| Average yield | 2.94% |
| Minimum yield | 2.34% |
| Discount to avg yield | 1.14% |
| Upside potential | 1.16% |
| Yield as % of max yield | 65.13% |
Yield distribution (inverse percentile) - 5y
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Yield distribution data
| Dividend yield | 2.97% |
| Current yield distribution | 40.00% |
| Yield at 100% (Min) | 2.34% |
| Yield at 90% | 2.50% |
| Yield at 80% | 2.59% |
| Yield at 50% (Median) | 2.80% |
| Yield at 20% | 3.25% |
| Yield at 10% | 3.55% |
| Yield at 0% (Max) | 4.56% |
Dividend per share
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Dividend per share data
| Years of growth | 26 years |
| CCC status | Dividend Champion |
| Dividend per share | 8.80 |
| Payout frequency | Quarterly |
| Ex-div date | 29 Jun 2022 |
| EPS (TTM) | 6.02 |
| EPS (1y forward) | 6.43 |
| EPS growth (5y) | 3.70% |
| EPS growth (5y forward) | 7.90% |
Dividend growth
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Dividend growth data
| ESS | S&P500 | |
| DGR MR | 5.26% | -16.52% |
| DGR TTM | 2.94% | 4.37% |
| DGR 3 years | 3.96% | 3.88% |
| DGR 5 years | 5.49% | 4.73% |
| DGR 10 years | 7.23% | 8.30% |
| DGR 15 years | 6.27% | 5.82% |
| Time since last change announced | 81 days |
| EPS growth (5y) | 3.70% |
| EPS growth (5y forward) | 7.90% |
Payout ratio
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Payout ratio data
| EPS coverage | FCF coverage | |
| TTM | 103.63% | -119.66% |
| Average | 120.85% | 351.46% |
| Forward | 136.86% | - |
VALUATION
Valuation Ratios
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Valuation Ratios data
| Trailing P/E | 49.21 |
| Price to OCF | - |
| Price to FCF | - |
| Price to EBITDA | 17.13 |
| EV to EBITDA | 22.87 |
Valuation (Sales/Book Value)
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Valuation (Sales/Book Value) data
| Price to Sales | 13.19 |
| Price to Book | 3.13 |
| EV to Sales | 17.62 |
FINANCIALS
Per share
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Per share data
| Current share count | 65.33M |
| EPS (TTM) | 6.02 |
| FCF per share (TTM) | -5.21 |
Income statement
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Income statement data
| Revenue (TTM) | 1.47B |
| Gross profit (TTM) | 989.21M |
| Operating income (TTM) | 442.46M |
| Net income (TTM) | 393.36M |
| EPS (TTM) | 6.02 |
| EPS (1y forward) | 6.43 |
Margins
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Margins data
| Gross margin (TTM) | 67.42% |
| Operating margin (TTM) | 30.15% |
| Profit margin (TTM) | 26.81% |
Balance Sheet
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Balance Sheet data
| Cash | 98.11M |
| Net receivables | 205.42M |
| Total current assets | 540.27M |
| Goodwill | 0.00 |
| Intangible assets | 0.00 |
| Property, plant and equipment | 0.00 |
| Total assets | 12.77B |
| Accounts payable | 221.93M |
| Short/Current long term debt | 6.11B |
| Total current liabilities | 506.38M |
| Total liabilities | 6.59B |
| Shareholder's equity | 6.18B |
| Net tangible assets | 6.00B |
Cash flow
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Cash flow data
| Operating cash flow (TTM) | -195.27M |
| Capital expenditures (TTM) | 145.41M |
| Free cash flow (TTM) | -340.67M |
| Dividends paid (TTM) | 407.63M |
Financial returns
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Financial returns data
| Return on Equity | 6.37% |
| Return on Assets | 3.08% |
| Return on Invested Capital | 6.37% |
| Cash Return on Invested Capital | -5.51% |
STOCK INFORMATION
Stock chart
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Stock price data
| Open | 294.83 |
| Daily high | 296.79 |
| Daily low | 289.70 |
| Daily Volume | 295K |
| All-time high | 359.31 |
| 1y analyst estimate | 366.27 |
| Beta | 0.77 |
| EPS (TTM) | 6.02 |
| Dividend per share | 8.80 |
| Ex-div date | 29 Jun 2022 |
| Next earnings date | 27 Jul 2022 |
Downside potential
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Downside potential data
| ESS | S&P500 | |
| Current price drop from All-time high | -17.54% | -15.91% |
| Highest price drop | -65.33% | -56.47% |
| Date of highest drop | 2 Mar 2009 | 9 Mar 2009 |
| Avg drop from high | -11.51% | -11.33% |
| Avg time to new high | 16 days | 12 days |
| Max time to new high | 1190 days | 1805 days |
COMPANY DETAILS
Marketcap
19.36B
Marketcap category
Large-cap
Description
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 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
Employees
1739
Investor relations
SEC filings
CEO
Michael Schall
Country
USA
City
San Mateo
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
SAN MATEO, Calif., May 11, 2022--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.20 per common share, payable Jul...
May 11, 2022
Want to be like Buffett? Buy assets that produce something.
May 5, 2022
SAN MATEO, Calif., May 02, 2022--Essex Property Trust, Inc. (NYSE:ESS) announces the publication of its 2021 Corporate Social Responsibility (CSR) Report, summarizing the Company’s ongoing progress an...
May 2, 2022
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
April 28, 2022
Mid-America Apartment's (MAA) Q1 core FFO & revenues outpace estimates. Rental revenues and physical occupancy witness growth.
April 28, 2022
Essex Property's (ESS) first-quarter 2022 core FFO is driven by a rise in same-property revenues.
April 27, 2022
Essex Property Trust (ESS) delivered FFO and revenue surprises of 0.90% and 1.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
April 26, 2022
SAN MATEO, Calif., April 26, 2022--Essex Property Trust, Inc. (NYSE: ESS) (the "Company") announced today its first quarter 2022 earnings results and related business activities.
April 26, 2022
DALLAS, April 25, 2022--Eagle Materials Inc. (NYSE: EXP) will release financial results for the fourth quarter and fiscal year 2022 ended March 31, 2022, on Thursday, May 19, 2022, before the open of ...
April 25, 2022
Essex Property (ESS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
April 22, 2022
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