← Back to Screener

Sector: Real Estate
Open in Terminal → ESSLive chart · Key metrics · News · Smart money

Essex Property Trust, Inc.

ESS Large Cap

Real Estate · REIT - Residential

Updated: Jun 23, 2026, 22:21 UTC

$279.48
+1.16% today
52W: $238.46 – $294.09
52W Low: $238.46 Position: 73.7% 52W High: $294.09

Price Chart

Key Metrics

P/E Ratio
31.4x
Price-to-Earnings
Forward P/E
46.39x
Forward Price/Earnings
P/S Ratio
9.8x
Price-to-Sales
EV/EBITDA
19.37x
Enterprise Value/EBITDA
Div. Yield
3.71%
Annual dividend yield
Market Cap
$19.3B
Market Capitalization
Revenue Growth
6.4%
YoY Revenue Growth
Profit Margin
29.13%
Net profit margin
ROE
10.56%
Return on Equity
Beta
0.73
Market sensitivity
Short Interest
4.83%
% of float sold short
Avg. Volume
477,811
Average daily volume

Valuation Analysis

Signal
Fair
vs. S&P 500 avg P/E (24.7x)
Analyst Consensus
Hold
23 analysts
Avg. Price Target
$286.85
+2.64% upside
Target Range
$239.00 – $310.00

About the Company

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Essex Property Trust, Inc. was incorporated in 1971 in Maryland and is based in San Mateo, United States.

Sector: Real Estate Industry: REIT - Residential Country: United States Employees: 1,686 Exchange: NYQ

Essex Property Trust, Inc. Stock at a Glance

Essex Property Trust, Inc. (ESS) is currently trading at $279.48 with a market capitalization of $19.3B. The trailing P/E ratio stands at 31.4x, with a forward P/E of 46.39x. The 52-week range spans from $238.46 to $294.09; the current price is 5% below the yearly high. Year-over-year revenue growth stands at +6.4%. The net profit margin stands at 29.13%.

💰 Dividend

Essex Property Trust, Inc. pays an annual dividend of $10.36 per share, representing a yield of 3.71%. The payout ratio stands at 115.86%. The elevated payout ratio reflects a mature dividend policy.

📊 Analyst Rating

23 analysts rate Essex Property Trust, Inc. (ESS) on consensus: Hold. The average price target is $286.85, implying +2.64% from the current price. Analyst price targets range from $239.00 to $310.00.

Essex Property Trust, Inc.: The Investment Case in Detail

Essex Property Trust, Inc. (ESS) operates in the Real Estate — specifically REIT - Residential — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

With a gross margin near 68.88%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns. Free cash flow is positive and net margins stand at 29.13%, meaning reported earnings translate into real cash that can fund buybacks, dividends or strategic acquisitions.

Valuation in Context

At a PEG of 7.02, investors are paying more than three times the growth rate for each unit of earnings — that pricing assumes growth not only continues but accelerates from here.

Investment Thesis: Strengths & Weaknesses

Strengths
  • Profitable with 29.13% net margin
  • High gross margin of 68.88% — indicates pricing power
  • Solid dividend yield of 3.71%
  • Positive free cash flow
Weaknesses

No significant red flags in current metrics.

Technical Snapshot

50-Day MA
$268.96
+3.91% vs. price
200-Day MA
$259.75
+7.6% vs. price
Below 52W High
−5%
$294.09
Above 52W Low
+17.2%
$238.46

Price trades above both the 50- and 200-day moving averages, with 50d above 200d — a classic bullish setup (golden-cross alignment).

Risk Profile

Market Risk (Beta)
0.73 · Defensive
Moves less than the overall market
Short Interest
4.83% · Low
% of float sold short
Debt-to-Equity
121.86 · Elevated
Total debt / equity

The data points to relatively defensive market behavior, higher leverage relative to equity.

Trading Data

50-Day MA: $268.96
200-Day MA: $259.75
Volume: 196,811
Avg. Volume: 477,811
Short Ratio: 3.93
P/B Ratio: 3.31x
Debt/Equity: 121.86x
Free Cash Flow: $983M

💵 Dividend Info

Dividend Yield
3.71%
Annual Rate
$10.36
Payout Ratio
115.86%

More Real Estate stocks

Top peers in the same sector — ranked by market cap.

View full Real Estate sector page →

Where can I buy Essex Property Trust, Inc.?

Compare top-rated brokers — low fees, trusted providers, fully regulated.

Live Market Data

Real-time chart, financials, earnings, analysts, insider trades, events & news

Financials

Earnings

Analyst Ratings

Insider Trades

Events Timeline

News + Sentiment

Peer Comparison

Scroll to Top