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Is Essex Property Trust Inc.(NYSE: ESS), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Essex Property Trust Inc. (NYSE: ESS) has been on the stock market since its IPO date on the 06/07/1994. Essex Property Trust Inc. is in the REIT – Residential industry and Financial sector. Average volume for Essex Property Trust Inc., is 438, and so far today it has a volume of 201200. Performance year to date since the 06/07/1994 is -1.98%.

To help you determine whether Essex Property Trust Inc. is undervalued the following values will help you decide. P/E is 61.64 and forward P/E is 53.86. PEG perhaps more useful shows that Essex Property Trust Inc. has a value for PEG of 4.14. P/S ratio is 12.21 and the P/B ratio is 2.46. The P/Cash and P/Free cash flow is 310.52 and *TBA respectively.

At the current price Essex Property Trust Inc. is trading at, 231.33 (0.00% today), Essex Property Trust Inc. has a dividend yield of 2.77%, and this is covered by a payout ratio of 157.30%. Earnings per share (EPS) is 3.75, and this is looking to grow in the next year to 16.05% after growing 69.20% this past year. EPS growth quarter over quarter is 29.00%, and 11.10% for sales growth quarter over quarter.

The number of shares outstanding is 64.7, and the number of shares float is 64.62. The senior management bring insider ownership to 0.30%, and institutional ownership is at 98.80%. The float short is 2.60%, with the short ratio at a value of 3.83. Management has seen a return on assets of 2.00%, and also a return on investment of 3.10%.

The ability for Essex Property Trust Inc., to deal with debt, means it current ratio is *TBA, and quick ratio is *TBA. Long term debt/equity is 0.88 and total debt/equity is 0.88. In terms of margins, Essex Property Trust Inc. has a gross margin of 69.70%, with its operating margin at 29.60%, and Essex Property Trust Inc. has a profit margin of 20.00%.

The 52 week high is -3.96%, with 22.71% being its 52 week low. The 20 day simple moving average is 4.64% and the 200 day simple moving average is 4.62%.

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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Peter Clarke

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