Stock Updates

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., ESSĀ  has a market cap of 14777.13. Since its IPO date on the 6/7/1994, Essex Property Trust Inc., ESS performance year to date is -4.06%. Today Essex Property Trust Inc., ESS has gained -1.02%, with a current price of 224.08.

Ownership of the company is 0.30% for insider ownership while institutional ownership is 98.80%. The management of the company have seen the company have a payout ratio of 157.30%. Return of assets are at 2.00%, 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 0.88. While Total debt/equity is 0.88. With a profit margin of 20.00%, this is combined with a gross margin of 69.70%, and operating margin of 29.60%. 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 3.92%. The 52-week high is -6.97%, and the 52-week low is 18.86%. The average volume for Essex Property Trust Inc., ESS is 122354.

With a target price of 242, 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 60.33 and a forward P/E of 52.81. Perhaps the more useful indicator than P/E, is PEG which has a value of 4.06. Essex Property Trust Inc. also has a P/S and a P/B of 12.06 and 2.41 respectively. For P/cash, Essex Property Trust Inc. has a value of 306.58, while it is *TBA for P/free cash flow.

At the current price of 224.08, Essex Property Trust Inc. has a dividend yield of 2.83%. We see a return on equity of 4.00%.

Looking more long-term Essex Property Trust Inc., is projected to get an EPS growth for the next five years of 14.87%. In the short-term an EPS growth of 16.02% 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.

About the author

Mark Hines

Leave a Comment