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Essex Property Trust, Inc. (ESS)

NYSE Real Estate REIT - Residential
$281.27 ▼ -0.42%
Market Cap
$18.07B
Sector
Real Estate
Industry
REIT - Residential
Beta
0.71
52-Wk Range
238.46-303.35
CEO
Angela L. Kleiman
Country
US
Currency
USD

Essex Property Trust, Inc. operates in the REIT - Residential industry of the Real Estate sector, headquartered in San Mateo, CA, US. The stock last traded at $281.27, down 0.42% on the session, giving a market capitalisation of $18.07B. On trailing twelve-month figures it carries a trailing P/E of 43.74, a net margin of 21.6%. Its beta of 0.71 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
43.74
Price / Sales
9.38
Price / Book
3.41
EV / EBITDA
18.97
Gross margin
69.4%
Operating margin
29.1%
Net margin
21.6%
Return on equity
Debt / equity
1.27
Current ratio
0.36
Dividend yield
3.7%
Payout ratio
159.2%
Company profile
Exchange
New York Stock Exchange
Employees
1,688
IPO date
1994-06-07
Headquarters
San Mateo, CA, US
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.

Comparable companies

Essex Property Trust, Inc. is most often compared with the following Real Estate names:

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