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Real Estate - REIT - Residential - NYSE - US
$ 284.2
0.282 %
$ 18.3 B
Market Cap
27.17
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 7, 2025.

The intrinsic value of one ESS stock under the worst case scenario is HIDDEN Compared to the current market price of 284 USD, Essex Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 7, 2025.

The intrinsic value of one ESS stock under the base case scenario is HIDDEN Compared to the current market price of 284 USD, Essex Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 7, 2025.

The intrinsic value of one ESS stock under the best case scenario is HIDDEN Compared to the current market price of 284 USD, Essex Property Trust, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ESS

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$310.0$310.0$300.0$300.0$290.0$290.0$280.0$280.0$270.0$270.0$260.0$260.0$250.0$250.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
1.77 B REVENUE
6.29%
703 M OPERATING INCOME
20.32%
811 M NET INCOME
99.92%
1.07 B OPERATING CASH FLOW
9.00%
-973 M INVESTING CASH FLOW
-570.42%
-413 M FINANCING CASH FLOW
13.51%
465 M REVENUE
2.23%
257 M OPERATING INCOME
-15.57%
213 M NET INCOME
-29.47%
282 M OPERATING CASH FLOW
28.94%
-267 M INVESTING CASH FLOW
-106.65%
0 FINANCING CASH FLOW
100.00%
Balance Sheet Essex Property Trust, Inc.
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Current Assets 352 M
Cash & Short-Term Investments 137 M
Receivables 0
Other Current Assets 216 M
Non-Current Assets 12.6 B
Long-Term Investments 935 M
PP&E 51.6 M
Other Non-Current Assets 11.6 B
7.23 %89.64 %Total Assets$12.9b
Current Liabilities 530 M
Accounts Payable 213 M
Short-Term Debt 138 M
Other Current Liabilities 180 M
Non-Current Liabilities 6.65 B
Long-Term Debt 6.52 B
Other Non-Current Liabilities 129 M
2.96 %90.80 %Total Liabilities$7.2b
EFFICIENCY
Earnings Waterfall Essex Property Trust, Inc.
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Revenue 1.77 B
Cost Of Revenue 568 M
Gross Profit 1.21 B
Operating Expenses 504 M
Operating Income 703 M
Other Expenses -108 M
Net Income 811 M
2b2b2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m002b(568m)1b(504m)703m108m811mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
68.00% GROSS MARGIN
68.00%
39.62% OPERATING MARGIN
39.62%
41.79% NET MARGIN
41.79%
13.39% ROE
13.39%
5.74% ROA
5.74%
-65.21% ROIC
-65.21%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Essex Property Trust, Inc.
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1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 811 M
Depreciation & Amortization 580 M
Capital Expenditures -136 M
Stock-Based Compensation 7.16 M
Change in Working Capital 55.3 M
Others -356 M
Free Cash Flow 932 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Essex Property Trust, Inc.
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Wall Street analysts predict an average 1-year price target for ESS of $316 , with forecasts ranging from a low of $294 to a high of $355 .
ESS Lowest Price Target Wall Street Target
294 USD 3.45%
ESS Average Price Target Wall Street Target
316 USD 11.23%
ESS Highest Price Target Wall Street Target
355 USD 24.91%
Price
Max Price Target
Min Price Target
Average Price Target
360360340340320320300300280280260260240240Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
0.80% DIVIDEND YIELD
2.57 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
10.000010.00009.00009.00008.00008.00007.00007.00006.00006.00005.00005.00004.00004.00003.00003.00002.00002.00001.00001.00000.00000.00001.441.61.751.861.952.07752.092.22.312.452.452.571.441.61.751.861.952.07752.092.22.312.452.571.441.61.751.861.952.07752.092.22.312.451.445.761.66.401.757.001.867.441.957.802.07758.312.098.362.28.802.319.247.355.022.572015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 6
6. Ownership
Insider Ownership Essex Property Trust, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
7.62 M USD 5
6-9 MONTHS
0 USD 0
9-12 MONTHS
6.29 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Can Landlords Survive Mamdani's Rent Freeze? Broader adoption of rent control could significantly affect REITs by capping rent growth, disincentivizing maintenance capex, and reducing new development. The true impact of rent control on REIT performance is complex, with both positive and negative ripple effects, and cannot be easily predicted. I believe future apartment REIT returns will hinge more on company fundamentals and valuation than on political/regulatory environments. seekingalpha.com - 5 days ago
NXRT or ESS: Which Is the Better Value Stock Right Now? Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of NexPoint Residential Trust Inc. (NXRT) and Essex Property Trust (ESS). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 1 week ago
Essex Property Trust Publishes 2024 Sustainability and Impact Report SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) published today its 2024 Sustainability and Impact Report. This report recognizes the Company's progress towards its sustainability goals and announces new emissions reduction targets, which were recently approved by the Science Based Targets initiative (“SBTi”). “I'm proud to share the tremendous strides we've made towards improving our environmental footprint and positively contributing to the communities we serve. Our. businesswire.com - 1 week ago
Essex Property Trust: Well Positioned Amidst Rental Market Uncertainty Essex's focus on California and Seattle markets provides insulation from national rental weakness, thanks to limited new supply and strong rental affordability. Q1 results outperformed national trends, with solid revenue growth, sequential rent increases, and improving delinquencies, despite rising expenses like taxes and insurance. Essex's strong balance sheet and disciplined portfolio management enable opportunistic acquisitions, supporting shareholder value and a secure 3.6% dividend yield. seekingalpha.com - 1 week ago
5 Ideal 'Safer' Dividend Buys From Bloomberg's June Watch List I highlight 15 dividend-paying stocks from Bloomberg's 50 Companies to Watch that meet my 'safer' criteria: free cash flow yields exceed dividend yields. The top ten dividend focus stocks offer an estimated average net gain of 15.48% by June 2026, with diversified sector representation and generally lower volatility. Five stocks - China Hongqiao, ITV, Vodacom, Subsea 7, and Advanced Info - stand out as 'ideal' for income investors, combining safety and attractive yield-to-price ratios. seekingalpha.com - 3 weeks ago
Aqueous Organic Redox Flow Battery Market Report 2025, with Profiles of ESS, JenaBatteries, RedT Energy Storage, ViZn Energy Systems, Redflow, Invinity Energy Systems & CellCube Energy Storage Systems The Aqueous Organic Redox Flow Battery market is driven by increased renewable energy integration, requiring scalable storage, and advancements in organic electrolyte chemistry enhancing performance. Despite high initial costs, non-toxic materials and government incentives position AORFBs as key in the clean energy transition. The Aqueous Organic Redox Flow Battery market is driven by increased renewable energy integration, requiring scalable storage, and advancements in organic electrolyte chemistry enhancing performance. Despite high initial costs, non-toxic materials and government incentives position AORFBs as key in the clean energy transition. globenewswire.com - 3 weeks ago
NXRT vs. ESS: Which Stock Is the Better Value Option? Investors interested in REIT and Equity Trust - Residential stocks are likely familiar with NexPoint Residential Trust Inc. (NXRT) and Essex Property Trust (ESS). But which of these two stocks is more attractive to value investors? zacks.com - 3 weeks ago
Is it Wise to Retain Essex Property Stock in Your Portfolio for Now? ESS rides West Coast demand, tech-driven margins and a strong balance sheet, but high debt burden and supply risks cloud near-term gains. zacks.com - 1 month ago
ESS Confirms Path to Continued Execution of its Strategic Plan with the Energy Base WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS” or the “Company”) (NYSE:GWH), a leading manufacturer of iron flow long-duration energy storage (LDES) systems for commercial- and utility-scale applications, today provided a business update and the continued execution of its strategic plan focused around the Energy Base product. Previously, ESS announced the potential need to take certain workforce actions in the event it was unable to raise capital to enable the Company to avoid or pos. businesswire.com - 1 month ago
Essex Property Trust Named a Best Company to Work For by U.S. News & World Report SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it was named a 2025-2026 Best Company to Work For by U.S. News & World Report. Additionally, the Company was named a Best Company to Work For in Real Estate and Facilities Management and a Best Company to Work For in the West. The Company's recognition can be found here. “We are proud to be named a Best Company to Work For by U.S. News & World Report in three categories. This achievement recog. businesswire.com - 1 month ago
3 U.S.-Based Dividend Stocks to Buy Today It is possible to invest in U.S.-based companies that pay dividends of up to 6.5% with 100% certainty that the assets they own are American through and through. How? By focusing on real estate investment trusts (REITs) like Essex Property Trust (ESS -1.42%), Rexford Industrial Realty (REXR 0.46%), and Kilroy Realty (KRC -0.70%). fool.com - 1 month ago
Essex Property Trust Declares Quarterly Distributions SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share, payable July 15, 2025 to shareholders of record as of June 30, 2025. About Essex Property Trust, Inc. 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 select. businesswire.com - 1 month ago
8. Profile Summary

Essex Property Trust, Inc. ESS

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COUNTRY US
INDUSTRY REIT - Residential
MARKET CAP $ 18.3 B
Dividend Yield 0.80%
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.
Contact 1100 Park Place, San Mateo, CA, 94403 https://www.essexapartmenthomes.com
IPO Date June 7, 1994
Employees 1712
Officers Dmitry Taraschansky Senior Vice President of Transactions Mr. Rylan K. Burns Executive Vice President & Chief Investment Officer Ms. Anne M. Morrison Executive Vice President, Chief Administrative Officer, General Counsel & Secretary Angela Kralovec Senior Vice President of Investment Management Ms. Angela L. Kleiman President, Chief Executive Officer & Director Ms. Barbara M. Pak CFA Executive Vice President & Chief Financial Officer Mr. Brennan McGreevy Group Vice President & Chief Accounting Officer