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A look at a High Market Cap Stock: Essex Property Trust Inc., ESS

Essex Property Trust Inc., ESS is in the exchange NYSE and its industry is REIT – Residential in the sector of Financial. Based in USA, Essex Property Trust Inc., ESS  has a market cap of 14143.8. Since its IPO date on the 6/7/1994, Essex Property Trust Inc., ESS performance year to date is -7.88%. Today Essex Property Trust Inc., ESS has gained -0.19%, with a current price of 215.46.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 99.90%. The management of the company have seen the company have a payout ratio of 138.30%. Return of assets are at 2.40%, with return on investment at 3.10%.

In terms of debt levels and profit levels, Essex Property Trust Inc., ESS is seeing a long-term debt/equity of 0.92. While Total debt/equity is 0.92. With a profit margin of 23.10%, this is combined with a gross margin of 70.10%, and operating margin of 31.40%. Essex Property Trust Inc. ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year Essex Property Trust Inc., ESS has seen a EPS growth of 69.20%. A performance for the year of -3.87%. The 52-week high is -9.92%, and the 52-week low is 15.10%. The average volume for Essex Property Trust Inc., ESS is 38894.

With a target price of 239.26, can Essex Property Trust Inc., ESS reach this target? Looking at the value indicators of Essex Property Trust Inc., ESS. Essex Property Trust Inc. has a P/E of 47.96 and a forward P/E of 48.25. Perhaps the more useful indicator than P/E, is PEG which has a value of 6.07. Essex Property Trust Inc. also has a P/S and a P/B of 11.09 and 2.32 respectively. For P/cash, Essex Property Trust Inc. has a value of 72.46, while it is 83.74 for P/free cash flow.

At the current price of 215.46, Essex Property Trust Inc. has a dividend yield of 2.96%. We see a return on equity of 4.80%.

Looking more long-term Essex Property Trust Inc., is projected to get an EPS growth for the next five years of 7.90%. In the short-term an EPS growth of 3.93% in the next year is forecasted. This is after a EPS growth of 69.20% for this year and for the last five years a 26.40% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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