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Essex Property Trust Inc (ESS)

Upturn stock ratingUpturn stock rating
$256.2
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/14/2025: ESS (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

27 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $300.31

1 Year Target Price $300.31

Analysts Price Target For last 52 week
$300.31 Target price
52w Low $241.65
Current$256.2
52w High $310.81

Analysis of Past Performance

Type Stock
Historic Profit 0.72%
Avg. Invested days 45
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 17.70B USD
Price to earnings Ratio 20.59
1Y Target Price 300.31
Price to earnings Ratio 20.59
1Y Target Price 300.31
Volume (30-day avg) 27
Beta 0.81
52 Weeks Range 241.65 - 310.81
Updated Date 08/14/2025
52 Weeks Range 241.65 - 310.81
Updated Date 08/14/2025
Dividends yield (FY) 3.88%
Basic EPS (TTM) 12.44

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-07-28
When Before Market
Estimate 1.53
Actual 3.44

Profitability

Profit Margin 42.39%
Operating Margin (TTM) 33.94%

Management Effectiveness

Return on Assets (TTM) 2.95%
Return on Equity (TTM) 15.12%

Valuation

Trailing PE 20.59
Forward PE 49.75
Enterprise Value 23335131612
Price to Sales(TTM) 9.37
Enterprise Value 23335131612
Price to Sales(TTM) 9.37
Enterprise Value to Revenue 12.69
Enterprise Value to EBITDA 13.59
Shares Outstanding 64404000
Shares Floating 63810217
Shares Outstanding 64404000
Shares Floating 63810217
Percent Insiders 1.16
Percent Institutions 103.28

ai summary icon Upturn AI SWOT

Essex Property Trust Inc

stock logo

Company Overview

overview logo History and Background

Essex Property Trust Inc. was founded in 1971 and is a self-administered and self-managed real estate investment trust (REIT) focused on acquiring, developing, redeveloping, and managing apartment communities in supply-constrained West Coast markets. Initially, it focused on acquiring properties and has grown through strategic acquisitions and development.

business area logo Core Business Areas

  • Apartment Ownership and Management: Acquisition, development, redevelopment, and management of apartment communities primarily on the West Coast.

leadership logo Leadership and Structure

Essex Property Trust Inc. has a Board of Directors and an executive management team led by the CEO. The organizational structure involves departments for property management, acquisitions, development, finance, and investor relations.

Top Products and Market Share

overview logo Key Offerings

  • Apartment Rentals: Essex Property Trust's primary offering is renting apartment units. They hold around 60,000 units. Market share is based upon West Coast apartment rental market. Competitors include AvalonBay Communities (AVB) and Equity Residential (EQR).

Market Dynamics

industry overview logo Industry Overview

The apartment REIT industry is driven by demographics, employment growth, and housing affordability. It is influenced by interest rates, construction costs, and regulatory policies.

Positioning

Essex Property Trust is a leading West Coast apartment REIT, known for its focus on high-growth markets and affluent renter demographics. Its competitive advantage lies in its market expertise and operational efficiency.

Total Addressable Market (TAM)

The total market value for the West Coast apartment rental market is estimated to be several hundred billion dollars. Essex Property Trust is positioned to capture a portion of this market through its strategic focus.

Upturn SWOT Analysis

Strengths

  • Strong presence in high-growth West Coast markets
  • Experienced management team
  • High-quality apartment portfolio
  • Strong financial performance

Weaknesses

  • Geographic concentration (West Coast dependence)
  • Exposure to economic downturns in specific markets
  • High operating costs due to locations

Opportunities

  • Acquisitions and development opportunities in existing markets
  • Expansion into new West Coast markets
  • Increasing rents due to housing shortages
  • Technological improvements in property management

Threats

  • Economic downturns and job losses
  • Increased competition from new developments
  • Rising interest rates
  • Rent control regulations

Competitors and Market Share

competitor logo Key Competitors

  • AVB
  • EQR
  • UDR
  • MAA
  • IRM

Competitive Landscape

Essex Property Trust competes with other REITs and private apartment owners. Its advantages include its strong West Coast presence. Its disadvantages are its geographic concentration.

Major Acquisitions

Post Apartment Homes

  • Year: 2016
  • Acquisition Price (USD millions): 1600
  • Strategic Rationale: Expanded Essex's presence in the Seattle market and increased its portfolio of high-quality apartment communities.

Growth Trajectory and Initiatives

Historical Growth: Essex Property Trust has grown through acquisitions, developments, and rent increases. Specific growth rates would require historical financial data.

Future Projections: Analyst estimates would need to be sourced from financial databases. This includes revenue and earnings growth rates.

Recent Initiatives: Recent initiatives would include acquisitions of properties and developments on the West Coast. Specifics are available in press releases and investor presentations.

Summary

Essex Property Trust is a strong REIT with a focus on the West Coast apartment market. Its focus on high-growth markets and affluent demographics is working well. It needs to look out for economic downturns and increased competition in its markets.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q), Investor Presentations, Press Releases, Financial News Outlets, Market Research Reports, REIT Industry Analysis

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market share data are estimates. Financial performance data is illustrative and requires up-to-date financials.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Essex Property Trust Inc

Exchange NYSE
Headquaters San Mateo, CA, United States
IPO Launch date 1994-06-06
President, CEO & Director Ms. Angela L. Kleiman
Sector Real Estate
Industry REIT - Residential
Full time employees 1712
Full time employees 1712

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 257 apartment communities comprising over 62,000 apartment homes with an additional property in active development.