Essex Property Trust Inc. (ESS)
Essex Property Trust Statistics
Share Statistics
Essex Property Trust has 64.27M shares outstanding. The number of shares has increased by 0.1% in one year.
| Shares Outstanding | 64.27M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.08% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 63.77M |
| Failed to Deliver (FTD) Shares | 1 |
| FTD / Avg. Volume | 0% |
Short Selling Information
The latest short interest is 924.94K, so 1.44% of the outstanding shares have been sold short.
| Short Interest | 924.94K |
| Short % of Shares Out | 1.44% |
| Short % of Float | 1.45% |
| Short Ratio (days to cover) | 3.26 |
Valuation Ratios
The PE ratio is 39.26 and the forward PE ratio is 49.97. Essex Property Trust 's PEG ratio is 4.96.
| PE Ratio | 39.26 |
| Forward PE | 49.97 |
| PS Ratio | 9.54 |
| Forward PS | 9.5 |
| PB Ratio | 2.94 |
| P/FCF Ratio | 18.97 |
| PEG Ratio | 4.96 |
Enterprise Valuation
Essex Property Trust Inc. has an Enterprise Value (EV) of 21.80B.
| EV / Earnings | 53.72 |
| EV / Sales | 13.06 |
| EV / EBITDA | 14.61 |
| EV / EBIT | 37.31 |
| EV / FCF | 25.96 |
Financial Position
The company has a current ratio of 0.59, with a Debt / Equity ratio of 1.16.
| Current Ratio | 0.59 |
| Quick Ratio | 0.59 |
| Debt / Equity | 1.16 |
| Total Debt / Capitalization | 53.63 |
| Cash Flow / Debt | 0.16 |
| Interest Coverage | 2.74 |
Financial Efficiency
Return on equity (ROE) is 0.07% and return on capital (ROIC) is 8.33%.
| Return on Equity (ROE) | 0.07% |
| Return on Assets (ROA) | 0.03% |
| Return on Capital (ROIC) | 8.33% |
| Revenue Per Employee | 955.58K |
| Profits Per Employee | 232.30K |
| Employee Count | 1.75K |
| Asset Turnover | 0.14 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | -299.67M |
| Effective Tax Rate | -0.7 |
Stock Price Statistics
The stock price has increased by 19.4% in the last 52 weeks. The beta is 0.9, so Essex Property Trust 's price volatility has been higher than the market average.
| Beta | 0.9 |
| 52-Week Price Change | 19.4% |
| 50-Day Moving Average | 291.98 |
| 200-Day Moving Average | 282.18 |
| Relative Strength Index (RSI) | 49.01 |
| Average Volume (20 Days) | 390.67K |
Income Statement
In the last 12 months, Essex Property Trust had revenue of 1.67B and earned 405.82M in profits. Earnings per share was 6.32.
| Revenue | 1.67B |
| Gross Profit | 1.14B |
| Operating Income | 584.34M |
| Net Income | 405.82M |
| EBITDA | 1.49B |
| EBIT | 584.34M |
| Earnings Per Share (EPS) | 6.32 |
Balance Sheet
The company has 391.75M in cash and 6.27B in debt, giving a net cash position of -5.88B.
| Cash & Cash Equivalents | 391.75M |
| Total Debt | 6.27B |
| Net Cash | -5.88B |
| Retained Earnings | -1.27B |
| Total Assets | 12.65B |
| Working Capital | -14.30M |
Cash Flow
In the last 12 months, operating cash flow was 980.06M and capital expenditures -140.37M, giving a free cash flow of 839.69M.
| Operating Cash Flow | 980.06M |
| Capital Expenditures | -140.37M |
| Free Cash Flow | 839.69M |
| FCF Per Share | 13.07 |
Margins
Gross margin is 68.14%, with operating and profit margins of 35% and 24.31%.
| Gross Margin | 68.14% |
| Operating Margin | 35% |
| Pretax Margin | 25.8% |
| Profit Margin | 24.31% |
| EBITDA Margin | 89.36% |
| EBIT Margin | 35% |
| FCF Margin | 50.3% |
Dividends & Yields
ESS pays an annual dividend of $9.8, which amounts to a dividend yield of 3.53%.
| Dividend Per Share | $9.80 |
| Dividend Yield | 3.53% |
| Dividend Growth (YoY) | 6.06% |
| Payout Ratio | 114.62% |
| Earnings Yield | 2.23% |
| FCF Yield | 4.62% |
Analyst Forecast
The average price target for ESS is $302, which is 6.8% higher than the current price. The consensus rating is "Hold".
| Price Target | $302 |
| Price Target Difference | 6.8% |
| Analyst Consensus | Hold |
| Analyst Count | 20 |
Scores
| Altman Z-Score | 1.71 |
| Piotroski F-Score | 6 |