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After finishing at $254.65 in the prior trading day, Essex Property Trust, Inc (NYSE: ESS) closed at $271.95, up 6.79%. In other words, the price has increased by $6.79 from its previous closing price. On the day, 0.89 million shares were traded. ESS stock price reached its highest trading level at $273.135 during the session, while it also had its lowest trading level at $243.85.
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 238.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.62. In the meantime, Its Debt-to-Equity ratio is 1.21 whereas as Long-Term Debt/Eq ratio is at 1.09.
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:
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 18761830400 and an Enterprise Value of 24230014976. As of this moment, Essex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.57, and their Forward P/E ratio for the next fiscal year is 45.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.21 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 13.294 whereas that against EBITDA is 20.961.
Stock Price History:
The Beta on a monthly basis for ESS is 0.85, which has changed by 0.11340845 over the last 52 weeks, in comparison to a change of 0.049593568 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 $230.90. The 50-Day Moving Average of the stock is -7.78%, while the 200-Day Moving Average is calculated to be -6.78%.
Shares Statistics:
The stock has traded on average 483.35K shares per day over the past 3-months and 555030 shares per day over the last 10 days, according to various share statistics. A total of 64.28M shares are outstanding, with a floating share count of 63.82M. Insiders hold about 0.78% of the company’s shares, while institutions hold 96.32% stake in the company. Shares short for ESS as of 1741910400 were 1026591 with a Short Ratio of 2.12, compared to 1739491200 on 1024835. Therefore, it implies a Short% of Shares Outstanding of 1026591 and a Short% of Float of 2.17.
Dividends & Splits
In the trailing 12 months, ESS’s forward annual dividend rate was 9.8, compared to 9.92 this year. Against a Trailing Annual Dividend Yield of 0.038484197The stock’s 5-year Average Dividend Yield is 3.4.
