Essex Property Trust, Inc.
Symbol: ESS
CIK: 920522
Exchange: NYSE
Founded: 1971 (49 years)
HQ: San Mateo, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Residential
See ESS on Google Finance
See ESS on Yahoo Finance
See ESS on SEC.gov
 |
 |
 |
 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day November 25, 2020
Closing Price: $254.4
Price Change: -3.13 (-1.215%)
Lowest Price: $252.97
Highest Price: $257.69
52-Week Low: $175.81
52-Week High: $329.74
52-Week Change: -18.00%
5 Day Price Change: *Login
1 Month Price Change: *Login
3 Month Price Change: *Login
6 Month Price Change: *Login
YTD Price Change: *Login
1 Year Price Change: *Login
2 Year Price Change: *Login
5 Year Price Change: *Login
Dividend of Trading Day November 25, 2020
Annualized Dividend: *Login
Dividend Yield (TTM): *Login
Annualized Dividend (TTM): *Login
Ex Dividend Date: *Login
Dividend Frequency: *Login
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest News Headlines
- Wed, 18 Nov 2020 21:15:39 +0000 (UTC) - Essex Property Trust - Essex Property Trust Recognized By NAREIT For Corporate Diversity, Equity & Inclusion
- Wed, 28 Oct 2020 20:15:47 +0000 (UTC) - Essex Property Trust - Essex Announces Third Quarter 2020 Results
- 2 Sep 2020 16:23:26 -0400 - Essex Property Trust, Inc. Press Release: Essex Property Trust Declares Quarterly Distributions
- 10 Aug 2020 16:57:16 -0400 - Essex Property Trust, Inc. Press Release: Essex Property Trust Prices $600 Million of Multi-Tranche Senior Notes
- 3 Aug 2020 16:23:01 -0400 - Essex Property Trust, Inc. Press Release: Essex Announces Second Quarter 2020 Results
Funds From Operations (FFO)
Login to see Funds From Operations (FFO) 
Key Stats of Trading Day November 25, 2020
Current Debt: *Login
Revenue: *Login
Gross Profit: *Login
Total Revenue: *Login
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): *Login
Revenue Per Share: *Login
Revenue Per Employee: *Login
Employee: *Login
Debt to Equity Ratio (D/E): *Login
Enterprise Value (EV): *Login
Enterprise Value to Revenue (EV/R): *Login
Price to Sales (P/S): *Login
Price to Book (P/B): *Login
Peg Ratio: *Login
P/E Ratio: *Login
P/E High: *Login
P/E Low: *Login
Forward P/E Ratio: *Login
Market Capitalization: *Login
Latest Volume: *Login
Avg. Total Volume: *Login
Avg. 10 Volume: *Login
Avg. 30 Volume: *Login
TTM EPS: *Login
TTM Dividend Rate: *Login
Shares Outstanding: *Login
Float: *Login
50-Day Moving Avg.: *Login
200-Day Moving Avg.: *Login
Latest REIT Community Comments on #ESS
- Prices are still going up, I took advantage today to buy some of the REITs with the highest REIT Rating score which traditionally are very expensive but are still at a discount. These REITs also have consistently been increasing their dividends. Some that I bought today are AvlonBay Communities #AVB, Crown Castle Int #CCI, Essex Property #ESS and PS Business Park #PSB. I’m aware that these last two days prices have been higher and may fall in later part of week, but I’m ok with that. - 777i - 2020-04-08 10:43:29 - See full comment
- I’ve bought #GEO, what I’m trying to buy more of before the all rebound are the ones that have strong market cap values, tendency to increase dividends and low dividend yield due to their high prices, this is my list #O, #HIW, #AAT, #AVB, #CPT, #UDR, #MAA, #DEA, #ESS, #DEI, #PSB, #CCI, #DLR, #CONE, #EGP, #DRE, #ARE, #PLD, #FR, #SUI, #ELS, #COLD, #TRNO, and #REXR for now. However, I am buying other stocks in the mix and trying to time this as best I can. - Kev B - 2020-04-07 01:14:44 - See full comment
- Isn’t Essex Properties (#ess) which has multifamily properties located in only 2 states one of them being California and the other Washington. - Rocco64 - 2019-09-12 10:02:45 - See full comment
Properties Owned by ESS
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 245 | 1 | 2 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
Occupancy Rate
Login to see Occupancy Rate
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $315.25 per share you would have been able to buy 3 shares of ESS on 2019-11-27 costing $945.75 | @ $315.25 per share you would have been able to buy 1 shares of ESS on 2019-11-27 costing $315.25 | @ $315.25 per share you would have been able to buy 0 shares of ESS on 2019-11-27 costing $0.00 | @ $315.25 per share you would have been able to buy 0 shares of ESS on 2019-11-27 costing $0.00 | @ $315.25 per share you would have been able to buy 0 shares of ESS on 2019-11-27 costing $0.00 |
| Current worth | On 2020-11-25 these 3 shares would be worth $763.20 @ $254.40 | On 2020-11-25 these 1 shares would be worth $254.40 @ $254.40 | On 2020-11-25 these 0 shares would be worth $0.00 @ $254.40 | On 2020-11-25 these 0 shares would be worth $0.00 @ $254.40 | On 2020-11-25 these 0 shares would be worth $0.00 @ $254.40 |
| Dividends earned | $24.55 in dividends would have been earned since 2019-11-27 with 3 shares. | $8 in dividends would have been earned since 2019-11-27 with 1 shares. | $0.00 in dividends would have been earned since 2019-11-27 with 0 shares. | $0.00 in dividends would have been earned since 2019-11-27 with 0 shares. | $0.00 in dividends would have been earned since 2019-11-27 with 1 shares. |
| Net (gain / loss)* | -158.00 USD | -52.67 USD | 0.00 USD | 0.00 USD | 0.00 USD |
| ROI** | -16.71% | -16.71% | 0.00% | 0.00% | 0.00% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by ESS. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
Login to see Dividend History |
||||||
Financial Statements Overview
Balance Sheet (Quarterly)
See Annual Balance Sheet | See Quarterly Balance Sheet
Login to see Balance Sheet
Income Statement (Quarterly)
See Annual Income Statement | See Quarterly Income Statement
Login to see Income Statement
Cash Flow
See Annual Cash Flow | See Quarterly Cash Flow
Login to see Cash Flow
About Essex Property Trust, Inc.
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. The portfolio is concentrated in select coastal submarkets along the West Coast, including Southern California, Northern California, and the Seattle metropolitan area. Essex currently has ownership interests in 246 apartment communities with an additional 5 properties in various stages of active development. Essex’s beginnings go back to 1971, when real estate entrepreneur, George M. Marcus formed Essex Property Corporation. In 1994, with a portfolio of 16 multifamily communities located on the West Coast, the Company made its public debut as Essex Property Trust, Inc. (NYSE:ESS).
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 9 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.2 |
| 10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 5.9 |
| 9 | Dividend to FFO Core Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Core Payout Ratios during the last four quarters. | 8.9 |
| 8 | Dividend to FFO Core Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Core Payout Ratios trend during the last two years. | 6.8 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 9 | FFO Core Trend: Analysis of the REIT’s FFO Core trend during the last two years. | 8.4 |
| 7 | FFO Core to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 8 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 7.1 |
| 8 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 7.6 |
| Rating | Leverage Section | Avg. Rating |
| 9 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 5.0 |
| 10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 6.6 |
| 9 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 8.2 |
| 8 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.5 |
| 7 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 8 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.8 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 8 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.2 |
| 8 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 7.0 |
| Rating | Properties Section | Avg. Rating |
| 9 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.6 |
| 8 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 7.1 |
| 8 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.1 |
| 8 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 3 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.0 |
| 8.4 | Overall REITRating™ Score | 6.1 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Equity Residential (EQR) | 8.3 | NYSE | Large-Cap | Residential | United States |
| Mid-America Apartment Communities, Inc. (MAA) | 8.4 | NYSE | Large-Cap | Residential | United States |
| Apartment Investment & Management Co. (Aimco) (AIV) | 7.4 | NYSE | Mid-Cap | Residential | United States |
| AvalonBay Communities, Inc. (AVB) | 8.5 | NYSE | Large-Cap | Residential | United States |
| UDR Inc. (UDR) | 8.1 | NYSE | Large-Cap | Residential | United States |
| Independence Realty Trust, Inc. (IRT) | 6.4 | NYSE | Small-Cap | Residential | United States |
| American Homes 4 Rent (AMH) | 7.1 | NYSE | Mid-Cap | Residential | United States |