Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $290.67 in the prior trading day, Essex Property Trust, Inc (NYSE: ESS) closed at $268.46, down -7.64%. In other words, the price has decreased by -$7.64 from its previous closing price. On the day, 2.67 million shares were traded. ESS stock price reached its highest trading level at $285.145 during the session, while it also had its lowest trading level at $266.98.
Ratios:
Our goal is to gain a better understanding of ESS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 263.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 2.84. In the meantime, Its Debt-to-Equity ratio is 1.21 whereas as Long-Term Debt/Eq ratio is at 1.19.
On January 21, 2025, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $308 to $310.
BMO Capital Markets Upgraded its Market Perform to Outperform on January 13, 2025, whereas the target price for the stock was revised from $323 to $310.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 18542102528 and an Enterprise Value of 25667055616. As of this moment, Essex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.58, and their Forward P/E ratio for the next fiscal year is 43.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.73 while its Price-to-Book (P/B) ratio in mrq is 3.07. Its current Enterprise Value per Revenue stands at 13.791 whereas that against EBITDA is 21.714.
Stock Price History:
The Beta on a monthly basis for ESS is 0.82, which has changed by -0.060310125 over the last 52 weeks, in comparison to a change of 0.16821623 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 -5.41%, while the 200-Day Moving Average is calculated to be -7.13%.
Shares Statistics:
The stock has traded on average 444.75K shares per day over the past 3-months and 597430 shares per day over the last 10 days, according to various share statistics. A total of 64.40M shares are outstanding, with a floating share count of 63.93M. Insiders hold about 0.70% of the company’s shares, while institutions hold 99.40% stake in the company. Shares short for ESS as of 1752537600 were 1543660 with a Short Ratio of 3.47, compared to 1749772800 on 1553345. Therefore, it implies a Short% of Shares Outstanding of 1543660 and a Short% of Float of 3.27.
Dividends & Splits
In the trailing 12 months, ESS’s forward annual dividend rate was 0.0, compared to 10.04 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 3.41.
Earnings Estimates
The stock of Essex Property Trust, Inc (ESS) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $1.49, with high estimates of $1.49 and low estimates of $1.49.
Analysts are recommending an EPS of between $5.44 and $5.44 for the fiscal current year, implying an average EPS of $5.44. EPS for the following year is $6.05, with 4.0 analysts recommending between $6.43 and $5.75.
Revenue Estimates
5 analysts predict $472.85M in revenue for the current quarter. It ranges from a high estimate of $475M to a low estimate of $471.35M. As of the current estimate, Essex Property Trust, Inc’s year-ago sales were $448.13MFor the next quarter, 5 analysts are estimating revenue of $476.27M. There is a high estimate of $479.17M for the next quarter, whereas the lowest estimate is $470.41M.
A total of 8 analysts have provided revenue estimates for ESS’s current fiscal year. The highest revenue estimate was $1.91B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.87B. In the same quarter a year ago, actual revenue was $1.76BBased on 16 analysts’ estimates, the company’s revenue will be $1.95B in the next fiscal year. The high estimate is $2.01B and the low estimate is $1.87B.
