Essex Property Trust, Inc. (ESS) Stock

About Essex Property Trust, Inc.

Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.

Essex Property Trust, Inc. is headquartered in US.

Essex Property Trust, Inc. (ESS) stock trades at $293.55 with a market capitalization of $18.86B. The stock is valued at a price-to-earnings (P/E) ratio of 32.98, price-to-book of 3.48, price-to-sales of 9.89. Over the past 52 weeks the stock has ranged between $238.46 and $303.35, and currently trades 3.2% below its 52-week high. It pays a dividend yielding 3.53%.

On profitability, Essex Property Trust, Inc. generates a return on equity (ROE) of 10.35%, return on capital employed of 5.84%, an operating margin of 38.38%, a net profit margin of 30.17%.

In its most recent fiscal year, Essex Property Trust, Inc. reported annual revenue of $1.9B, net profit of $672.0M, revenue has compounded at 4.9% a year over the last five years, profit at 3.4% a year.

The balance sheet shows a debt-to-equity ratio of 1.26, a current ratio of 0.45, total assets of $13.2B, $86.0M in cash and equivalents.

ESS has an average daily trading volume of 479,914 shares, a beta of 0.71 (less volatile than the overall market).

Official website: www.essexapartmenthomes.com