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Real Estate - REIT - Residential - NYSE - US
$ 285.0
0.122 %
$ 18.3 B
Market Cap
27.47
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 22, 2025.

The intrinsic value of one ESS stock under the worst case scenario is HIDDEN Compared to the current market price of 285 USD, Essex Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 22, 2025.

The intrinsic value of one ESS stock under the base case scenario is HIDDEN Compared to the current market price of 285 USD, Essex Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 22, 2025.

The intrinsic value of one ESS stock under the best case scenario is HIDDEN Compared to the current market price of 285 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$250.0Feb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '2515 Jul15 Jul
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 3.16%
ESS Average Price Target Wall Street Target
316 USD 10.92%
ESS Highest Price Target Wall Street Target
355 USD 24.56%
Price
Max Price Target
Min Price Target
Average Price Target
360360340340320320300300280280260260240240Sep '24Sep '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
3 Top Dividend Stocks Yielding More Than 3% That You Shouldn't Hesitate to Buy Right Now With the S&P 500 back in rally mode, the dividend yield on the broad market index is falling. It was recently down to around 1.2%, which is approaching its record low last hit a quarter-century ago. fool.com - 1 week ago
NXRT vs. ESS: Which Stock Is the Better Value Option? Investors looking for stocks in the REIT and Equity Trust - Residential sector might want to consider either NexPoint Residential Trust Inc. (NXRT) or Essex Property Trust (ESS). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 1 week ago
Trade War Redux U.S. equity markets retreated from record highs this week after the White House reignited its tariff offensive with a wave of aggressive levies and additional punitive threats. While inflation data has indicated that the 10% tariffs were efficiently absorbed, the pivot back towards Liberation Day tariff levels raises concern that recent deflationary offsets may be overwhelmed. After closing at record highs for two straight weeks, the S&P 500 retreated by 0.3% this past week, trading in a relatively tight trading range as investors geared up for earnings season. seekingalpha.com - 1 week ago
How Are Residential REITs Positioned in Q2 as Demand Stays Resilient? Apartment demand surges in Q2, boosting occupancy and stability for residential REITs like AVB, EQR, ESS and UDR. zacks.com - 2 weeks ago
Essex Announces Release and Conference Call Dates for Its Second Quarter 2025 Earnings SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its second quarter 2025 earnings after the market closes on Tuesday, July 29, 2025. A conference call with senior management is scheduled for Wednesday, July 30, 2025 at 9:00 a.m. Pacific Time or 12:00 p.m. Eastern Time. The second quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the second quarter earnings we. businesswire.com - 2 weeks ago
Essex Property Stock Gains 12.6% in Three Months: Will the Trend Last? ESS is likely to benefit from favorable West Coast market fundamentals, technological enhancements and a healthy balance sheet. zacks.com - 2 weeks ago
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 - 3 weeks 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 - 4 weeks 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 - 4 weeks 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 - 4 weeks 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 - 1 month 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 - 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