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The closing price of Essex Property Trust, Inc (NYSE: ESS) was $284.01 for the day, up 0.17% from the previous closing price of $283.54. In other words, the price has increased by $0.17 from its previous closing price. On the day, 0.33 million shares were traded. ESS stock price reached its highest trading level at $286.09 during the session, while it also had its lowest trading level at $282.86.
Ratios:
Our analysis of ESS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 175.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 0.26. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on January 21, 2025, Upgraded its rating to Buy and sets its target price to $310 from $308 previously.
On January 13, 2025, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also lowered its target price recommendation from $323 to $310.
On December 17, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $316.Barclays initiated its Equal Weight rating on December 17, 2024, with a $316 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 11 ’25 when Kasaris Mary sold 2,800 shares for $300.80 per share. The transaction valued at 842,240 led to the insider holds 1,755 shares of the business.
Kasaris Mary bought 2,800 shares of ESS for $842,240 on Mar 11 ’25. On Mar 03 ’25, another insider, Kleiman Angela L., who serves as the President and CEO of the company, sold 4,929 shares for $314.99 each. As a result, the insider received 1,552,586 and left with 13,662 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ESS now has a Market Capitalization of 19578343424 and an Enterprise Value of 25238249472. As of this moment, Essex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.18, and their Forward P/E ratio for the next fiscal year is 45.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.45 while its Price-to-Book (P/B) ratio in mrq is 3.28. Its current Enterprise Value per Revenue stands at 13.561 whereas that against EBITDA is 21.352.
Stock Price History:
The Beta on a monthly basis for ESS is 0.80, which has changed by 0.014031649 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, ESS has reached a high of $317.73, while it has fallen to a 52-week low of $243.85. The 50-Day Moving Average of the stock is 1.58%, while the 200-Day Moving Average is calculated to be -2.50%.
Shares Statistics:
ESS traded an average of 481.13K shares per day over the past three months and 466850 shares per day over the past ten days. A total of 64.36M shares are outstanding, with a floating share count of 63.93M. Insiders hold about 0.70% of the company’s shares, while institutions hold 99.35% stake in the company. Shares short for ESS as of 1748563200 were 1520046 with a Short Ratio of 3.16, compared to 1745971200 on 1850783. Therefore, it implies a Short% of Shares Outstanding of 1520046 and a Short% of Float of 3.2199999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 9.92, ESS has a forward annual dividend rate of 9.92. Against a Trailing Annual Dividend Yield of 0.034986246The stock’s 5-year Average Dividend Yield is 3.41.
