Essex Property Trust Inc. (ESS)
Essex Property Trust Statistics
Share Statistics
Essex Property Trust has 64.33M shares outstanding. The number of shares has increased by 0.1% in one year.
| Shares Outstanding | 64.33M |
| Shares Change (YoY) | 0.1% |
| Shares Change (QoQ) | 0.08% |
| Owned by Institutions (%) | 91.82% |
| Shares Floating | 63.82M |
| Failed to Deliver (FTD) Shares | 37 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 1.03M, so 1.61% of the outstanding shares have been sold short.
| Short Interest | 1.03M |
| Short % of Shares Out | 1.61% |
| Short % of Float | 1.62% |
| Short Ratio (days to cover) | 2.12 |
Valuation Ratios
The PE ratio is -262.72 and the forward PE ratio is 46.39. Essex Property Trust's PEG ratio is 2.24.
| PE Ratio | -262.72 |
| Forward PE | 46.39 |
| PS Ratio | 10.33 |
| Forward PS | 9.5 |
| PB Ratio | 3.31 |
| P/FCF Ratio | 19.67 |
| PEG Ratio | 2.24 |
Enterprise Valuation
Essex Property Trust Inc. has an Enterprise Value (EV) of 21.8B.
| EV / Earnings | -312.41 |
| EV / Sales | 12.29 |
| EV / EBITDA | 13.4 |
| EV / EBIT | 31.01 |
| EV / FCF | 23.39 |
Financial Position
The company has a current ratio of 0.27, with a Debt / Equity ratio of 1.2.
| Current Ratio | 0.27 |
| Quick Ratio | 0.27 |
| Debt / Equity | 1.2 |
| Total Debt / Capitalization | 54.58 |
| Cash Flow / Debt | 0.16 |
| Interest Coverage | 2.99 |
Financial Efficiency
Return on equity (ROE) is -0.01% and return on capital (ROIC) is 5.67%.
| Return on Equity (ROE) | -0.01% |
| Return on Assets (ROA) | -0.01% |
| Return on Capital (ROIC) | 5.67% |
| Revenue Per Employee | $1,036,477.8 |
| Profits Per Employee | $-40,761.68 |
| Employee Count | 1,712 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 33.04% in the last 52 weeks. The beta is 0.94, so Essex Property Trust's price volatility has been higher than the market average.
| Beta | 0.94 |
| 52-Week Price Change | 33.04% |
| 50-Day Moving Average | 286.92 |
| 200-Day Moving Average | 287.55 |
| Relative Strength Index (RSI) | 74.54 |
| Average Volume (20 Days) | 444.25K |
Income Statement
In the last 12 months, Essex Property Trust had revenue of 1.77B and earned -69.78M in profits. Earnings per share was -1.09.
| Revenue | 1.77B |
| Gross Profit | 1.21B |
| Operating Income | 703.1M |
| Net Income | -69.78M |
| EBITDA | 1.63B |
| EBIT | 703.1M |
| Earnings Per Share (EPS) | -1.09 |
Balance Sheet
The company has 66.8M in cash and 6.65B in debt, giving a net cash position of -6.59B.
| Cash & Cash Equivalents | 66.8M |
| Total Debt | 6.65B |
| Net Cash | -6.59B |
| Retained Earnings | -1.16B |
| Total Assets | 12.93B |
| Working Capital | -178.14M |
Cash Flow
In the last 12 months, operating cash flow was 1.07B and capital expenditures -136.4M, giving a free cash flow of 931.91M.
| Operating Cash Flow | 1.07B |
| Capital Expenditures | -136.4M |
| Free Cash Flow | 931.91M |
| FCF Per Share | 14.51 |
Margins
Gross margin is 68%, with operating and profit margins of 39.62% and -3.93%.
| Gross Margin | 68% |
| Operating Margin | 39.62% |
| Pretax Margin | -3.93% |
| Profit Margin | -3.93% |
| EBITDA Margin | 91.69% |
| EBIT Margin | 39.62% |
| FCF Margin | 52.52% |
Dividends & Yields
ESS pays an annual dividend of $9.92, which amounts to a dividend yield of 3.26%.
| Dividend Per Share | $9.92 |
| Dividend Yield | 3.26% |
| Dividend Growth (YoY) | 6.06% |
| Payout Ratio | 85.89% |
| Earnings Yield | -0.35% |
| FCF Yield | 4.65% |
Analyst Forecast
The average price target for ESS is $304.5, which is -2.3% lower than the current price. The consensus rating is "Hold".
| Price Target | $304.5 |
| Price Target Difference | -2.3% |
| Analyst Consensus | Hold |
| Analyst Count | 20 |
Scores
| Altman Z-Score | 1.79 |
| Piotroski F-Score | 5 |