Essex Property Trust Inc
General ticker "ESS" information:
- Sector: Real Estate
- Industry: Residential REITs
- Capitalization: $19.2B
Essex Property Trust Inc follows the US Stock Market performance with the rate: 64.1%.
Estimated limits based on current volatility of 1.7%: low 281.85$, high 291.79$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-09-30, amount 2.45$ (Y3.45%)
- Earnings for 18 months up through Q2 (+1 year) exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [225.48$, 288.09$]
- 2023-12-31 to 2024-12-30 estimated range: [210.61$, 275.92$]
Financial Metrics affecting the ESS estimates:
- Positive: Non-GAAP EPS, $ of 13.60 > 2.29
- Positive: Industry inventory ratio change (median), % of -3.84 <= -0.39
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 3.38
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 6.05
- Positive: Inventory ratio change, % of 0.60 <= 1.08
- Positive: Operating profit margin, % of 34.99 > 19.51
Short-term ESS quotes
Long-term ESS plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $1,560.71MM | $1,583.55MM | $1,701.23MM |
| Operating Expenses | $1,069.27MM | $1,053.55MM | $1,106.00MM |
| Operating Income | $491.44MM | $530.00MM | $595.23MM |
| Non-Operating Income | $109.42MM | $1.36MM | $-172.48MM |
| Interest Expense | $209.90MM | $192.35MM | $196.89MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $600.86MM | $531.36MM | $422.75MM |
| Taxes | $1.53MM | $15.67MM | $-10.24MM |
| Profit(Loss) | $599.33MM | $515.69MM | $432.99MM |
| Stockholders Equity | $6,000.41MM | $5,993.60MM | $5,716.37MM |
| Inventory | $57.94MM | $0.00MM | $9.39MM |
| Assets | $12,936.18MM | $12,997.87MM | $12,372.91MM |
| Operating Cash Flow | $803.11MM | $905.26MM | $975.65MM |
| Capital expenditure | $90.08MM | $121.19MM | $163.19MM |
| Investing Cash Flow | $-416.90MM | $-397.40MM | $145.96MM |
| Financing Cash Flow | $-383.26MM | $-533.26MM | $-1,137.56MM |
| Earnings Per Share* | $8.69 | $7.51 | $6.27 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.