ESS RSI Chart
Last 7 days
1.2%
Last 30 days
2.8%
Last 90 days
-1.0%
Trailing 12 Months
13.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.6B | 1.6B | 1.7B | 1.7B |
2022 | 1.5B | 1.5B | 1.6B | 1.6B |
2021 | 1.5B | 1.4B | 1.4B | 1.4B |
2020 | 1.5B | 1.5B | 1.5B | 1.5B |
2019 | 1.4B | 1.4B | 1.4B | 1.5B |
2018 | 1.4B | 1.4B | 1.4B | 1.4B |
2017 | 1.3B | 1.3B | 1.3B | 1.4B |
2016 | 1.2B | 1.3B | 1.3B | 1.3B |
2015 | 1.1B | 1.1B | 1.2B | 1.2B |
2014 | 624.1M | 733.0M | 850.0M | 970.9M |
2013 | 555.8M | 574.1M | 590.4M | 611.1M |
2012 | 482.9M | 499.2M | 517.6M | 535.7M |
2011 | 427.2M | 443.3M | 458.2M | 467.4M |
2010 | 407.5M | 404.0M | 406.6M | 415.9M |
2009 | 0 | 409.4M | 410.4M | 411.4M |
2008 | 0 | 0 | 0 | 408.4M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 11, 2024 | robinson thomas e | acquired | 480,807 | 172 | 2,781 | - |
Mar 11, 2024 | robinson thomas e | sold | -678,342 | 243 | -2,781 | - |
Feb 28, 2024 | lyons irving f iii | sold | -480,965 | 230 | -2,083 | - |
Feb 28, 2024 | lyons irving f iii | acquired | 480,807 | 172 | 2,781 | - |
Feb 08, 2024 | kleiman angela l. | acquired | - | - | 2,704 | president and ceo |
Feb 08, 2024 | pak barbara | acquired | - | - | 1,145 | executive vice president & cfo |
Feb 08, 2024 | farias john | acquired | - | - | 437 | senior vice president and cao |
Feb 08, 2024 | pak barbara | acquired | - | - | 1,527 | executive vice president & cfo |
Feb 08, 2024 | kleiman angela l. | acquired | - | - | 3,609 | president and ceo |
Feb 08, 2024 | morrison anne | acquired | - | - | 785 | svp - general counsel |
Which funds bought or sold ESS recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -32.93 | -645,454 | 2,343,530 | -% |
Mar 21, 2024 | Grayhawk Investment Strategies Inc. | unchanged | - | 1,075 | 7,438 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | added | 453 | 11,149,900 | 13,185,900 | 0.04% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -0.89 | 346,715,000 | 2,533,080,000 | 0.06% |
Mar 08, 2024 | TRUST CO OF VERMONT | added | 0.68 | 38,374 | 255,130 | 0.02% |
Mar 05, 2024 | Fisher Asset Management, LLC | reduced | -4.05 | 402,450 | 3,707,870 | -% |
Mar 04, 2024 | VIMA LLC | new | - | 39,617 | 39,617 | 0.09% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 92.51 | 75,128,000 | 135,207,000 | 0.01% |
Mar 01, 2024 | ROYAL LONDON ASSET MANAGEMENT LTD | added | 16.51 | 1,940,470 | 7,308,030 | 0.02% |
Feb 28, 2024 | BBJS FINANCIAL ADVISORS, LLC | added | 2.61 | 146,122 | 878,447 | 0.30% |
Unveiling Essex Property Trust Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Peers (Alternatives to Essex Property Trust Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 92.0B | 11.1B | 67.33 | 8.26 | ||||
CCI | 45.8B | 7.0B | 30.53 | 6.57 | ||||
AVB | 26.1B | 2.8B | 28.1 | 9.43 | ||||
ARE | 21.9B | 2.9B | 211.79 | 7.61 | ||||
AMH | 13.1B | 1.6B | 30.39 | 8.17 | ||||
REG | 11.1B | 1.3B | 30.46 | 8.4 | ||||
BXP | 9.9B | 3.3B | 52.15 | 3.03 | ||||
MID-CAP | ||||||||
FRT | 8.4B | 1.1B | 35.55 | 7.44 | ||||
MAC | 3.7B | 884.1M | -13.45 | 4.17 | ||||
SLG | 3.5B | 899.4M | -6.17 | 3.87 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.37 | 2.99 | ||||
AIV | 1.2B | 198.2M | -7.47 | 5.93 | ||||
MFA | 1.1B | 605.6M | 14.31 | 1.89 | ||||
NYMT | 650.5M | 258.7M | -13.37 | 2.51 | ||||
IVR | 461.8M | 277.9M | -29.12 | 1.66 |
Essex Property Trust Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 0.6% | 422 | 419 | 418 | 417 | 415 | 410 | 398 | 386 | 374 | 363 | 351 | 353 | 362 | 371 | 370 | 392 | 375 | 367 | 362 | 356 | 353 |
Costs and Expenses | 1.4% | 291 | 287 | 281 | 284 | 281 | 281 | 271 | 272 | 270 | 268 | 258 | 258 | 276 | 265 | 267 | 262 | 255 | 243 | 237 | 241 | 244 |
S&GA Expenses | 35.1% | 20.00 | 15.00 | 14.00 | 15.00 | 16.00 | 15.00 | 13.00 | 12.00 | 17.00 | 13.00 | 12.00 | 10.00 | 23.00 | 13.00 | 15.00 | 14.00 | 16.00 | 11.00 | 14.00 | 13.00 | 17.00 |
EBITDA Margin | - | - | - | - | - | - | - | - | - | 0.60* | 0.60* | 0.60* | 0.60* | 0.59* | 0.58* | 0.57* | 0.57* | 0.57* | 0.58* | 0.59* | 0.59* | - |
Interest Expenses | 1.7% | 55.00 | 54.00 | 53.00 | 51.00 | 52.00 | 52.00 | 50.00 | 50.00 | 50.00 | 50.00 | 51.00 | 52.00 | 56.00 | 55.00 | 54.00 | 55.00 | 55.00 | 55.00 | 54.00 | 54.00 | 54.00 |
EBT Margin | - | - | - | - | - | - | - | - | - | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.10* | - |
Net Income | -24.4% | 70.00 | 93.00 | 106 | 162 | 194 | 99.00 | 62.00 | 78.00 | 144 | 125 | 70.00 | 177 | 102 | 79.00 | 90.00 | 329 | 135 | 106 | 98.00 | 126 | 124 |
Net Income Margin | -23.1% | 0.26* | 0.34* | 0.34* | 0.32* | 0.27* | 0.24* | 0.27* | 0.28* | 0.36* | 0.33* | 0.30* | 0.31* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -29.3% | 204 | 288 | 211 | 277 | 167 | 299 | 194 | 315 | 205 | 272 | 233 | 195 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -1.1% | 12,361 | 12,498 | 12,245 | 12,280 | 12,373 | 12,624 | 12,558 | 12,770 | 12,998 | 12,789 | 12,747 | 12,790 | 12,936 | 13,401 | 13,177 | 13,451 | 12,705 | 12,998 | 12,671 | 12,578 | 12,384 |
Cash Equivalents | -0.1% | 392 | 392 | 61.00 | 68.00 | 33.00 | 43.00 | 38.00 | 98.00 | 48.00 | 50.00 | 48.00 | 103 | 84.00 | 558 | 246 | 272 | 81.00 | 74.00 | 38.00 | 107 | 151 |
Liabilities | -0.4% | 6,735 | 6,761 | 6,452 | 6,453 | 6,451 | 6,714 | 6,518 | 6,592 | 6,787 | 6,624 | 6,575 | 6,543 | 6,721 | 7,103 | 6,791 | 7,000 | 6,264 | 6,544 | 6,289 | 6,224 | 5,954 |
Shareholder's Equity | -2.0% | 5,423 | 5,532 | 5,762 | 5,797 | 5,716 | 5,881 | 6,007 | 6,138 | 6,177 | 6,132 | 6,137 | 6,211 | 6,183 | 6,267 | 6,353 | 6,418 | 6,404 | 6,415 | 6,345 | 6,317 | 6,394 |
Additional Paid-In Capital | -0.1% | 6,657 | 6,661 | 6,657 | 6,657 | 6,750 | 6,776 | 6,876 | 6,930 | 6,916 | 6,876 | 6,863 | 6,864 | 6,876 | 6,922 | 6,945 | 6,960 | 7,122 | 7,132 | 7,032 | 7,028 | 7,093 |
Shares Outstanding | 0.0% | 64.00 | 64.00 | 64.00 | 64.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | -2.0% | 171 | 175 | 177 | 178 | 179 | 178 | 179 | 181 | 183 | 183 | 183 | 186 | 183 | 184 | 187 | 190 | 183 | 190 | 190 | 126 | 127 |
Float | - | - | - | 14,927 | - | - | - | 16,906 | - | - | - | 19,373 | - | - | - | 14,875 | - | - | - | 19,061 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -29.3% | 203,674 | 288,063 | 211,408 | 276,919 | 166,914 | 299,190 | 194,402 | 315,143 | 205,382 | 271,806 | 232,805 | 195,266 | 149,671 | 227,327 | 159,184 | 266,926 | 212,152 | 277,094 | 174,074 | 255,759 | 145,417 |
Share Based Compensation | -2.8% | 2,088 | 2,148 | 1,824 | 1,971 | 617 | 1,801 | 2,492 | 2,296 | 1,909 | 1,623 | 2,390 | 1,386 | 3,234 | 880 | 2,638 | 1,405 | 262 | 1,427 | 3,253 | 2,068 | -74.00 |
Cashflow From Investing | 37.1% | -42,716 | -67,903 | -89,679 | 55,158 | 215,340 | -171,033 | -4,067 | 105,718 | -302,190 | -89,572 | -152,504 | 146,869 | -114,912 | -14,185 | 157,834 | -445,637 | 176,562 | -372,786 | -112,219 | -219,248 | 75,931 |
Cashflow From Financing | -244.9% | -161,121 | 111,223 | -129,773 | -297,600 | -393,142 | -123,051 | -250,425 | -370,946 | 94,494 | -179,458 | -135,485 | -312,816 | -519,793 | 99,458 | -342,890 | 379,964 | -399,346 | 132,447 | -131,010 | -63,780 | -244,579 |
Buy Backs | - | - | - | - | 95,657 | 31,775 | 97,121 | 60,830 | - | - | - | - | 9,172 | 46,325 | 26,586 | 20,093 | 176,311 | - | - | - | 56,989 | 47,459 |
EPT - Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues: | |||
Rental and other property | $ 1,658,264 | $ 1,595,675 | $ 1,431,418 |
Management and other fees from affiliates | 11,131 | 11,139 | 9,138 |
Total revenues | 1,669,395 | 1,606,814 | 1,440,556 |
Expenses: | |||
Property operating, excluding real estate taxes | 299,672 | 283,351 | 264,869 |
Real estate taxes | 185,807 | 183,918 | 180,367 |
Corporate-level property management expenses | 45,872 | 40,704 | 36,211 |
Depreciation and amortization | 548,438 | 539,319 | 520,066 |
General and administrative | 63,474 | 56,577 | 51,838 |
Expensed acquisition and investment related costs | 595 | 2,132 | 203 |
Casualty loss | 433 | 0 | 0 |
Total expenses | 1,144,291 | 1,106,001 | 1,053,554 |
Gain on sale of real estate and land | 59,238 | 94,416 | 142,993 |
Earnings from operations | 584,342 | 595,229 | 529,995 |
Interest expense | (212,905) | (204,798) | (203,125) |
Total return swap income | 3,148 | 7,907 | 10,774 |
Interest and other income (loss) | 46,259 | (19,040) | 98,744 |
Equity income from co-investments | 10,561 | 26,030 | 111,721 |
Tax (expense) benefit on unconsolidated co-investments | (697) | 10,236 | (15,668) |
Loss on early retirement of debt, net | 0 | (2) | (19,010) |
Gain on remeasurement of co-investment | 0 | 17,423 | 2,260 |
Net income | 430,708 | 432,985 | 515,691 |
Net income attributable to noncontrolling interest | (24,883) | (24,670) | (27,137) |
Net income available to common stockholders | $ 405,825 | $ 408,315 | $ 488,554 |
Basic: | |||
Net income available to common stockholders/unitholders (in dollars per share) | $ 6.32 | $ 6.27 | $ 7.51 |
Weighted average number of shares/units outstanding during the year (in shares) | 64,252,232 | 65,079,764 | 65,051,465 |
Diluted: | |||
Net income available to common stockholders/unitholders (in dollars per share) | $ 6.32 | $ 6.27 | $ 7.51 |
Weighted average number of shares/units outstanding during the year (in shares) | 64,253,385 | 65,098,186 | 65,088,874 |
EPT - Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Rental properties: | ||
Land and land improvements | $ 3,036,912 | $ 3,043,321 |
Buildings and improvements | 13,098,311 | 12,922,906 |
Total rental properties | 16,135,223 | 15,966,227 |
Less: accumulated depreciation | (5,664,931) | (5,152,133) |
Net real estate | 10,470,292 | 10,814,094 |
Real estate under development | 23,724 | 24,857 |
Co-investments | 1,061,733 | 1,127,491 |
Total real estate | 11,555,749 | 11,966,442 |
Cash and cash equivalents-unrestricted | 391,749 | 33,295 |
Cash and cash equivalents-restricted | 8,585 | 9,386 |
Marketable securities, net of allowance for credit losses of zero as of both December 31, 2023 and December 31, 2022 | 87,795 | 112,743 |
Notes and other receivables, net of allowance for credit losses of $0.7 million and $0.3 million as of December 31, 2023 and December 31, 2022 (includes related party receivables of $6.1 million and $7.0 million as of December 31, 2023 and December 31, 2022, respectively) | 174,621 | 103,045 |
Operating lease right-of-use assets | 63,757 | 67,239 |
Prepaid expenses and other assets | 79,171 | 80,755 |
Total assets | 12,361,427 | 12,372,905 |
LIABILITIES AND EQUITY | ||
Unsecured debt, net | 5,318,531 | 5,312,168 |
Mortgage notes payable, net | 887,204 | 593,943 |
Lines of credit | 0 | 52,073 |
Accounts payable and accrued liabilities | 176,401 | 165,461 |
Construction payable | 20,659 | 23,159 |
Dividends payable | 155,695 | 149,166 |
Distributions in excess of investments in co-investments | 65,488 | 42,532 |
Operating lease liabilities | 65,091 | 68,696 |
Other liabilities | 46,175 | 43,441 |
Total liabilities | 6,735,244 | 6,450,639 |
Commitments and contingencies | ||
Redeemable noncontrolling interest | 32,205 | 27,150 |
Equity: | ||
Common stock; $0.0001 par value, 670,000,000 shares authorized; 64,203,497 and 64,604,603 shares issued and outstanding, respectively | 6 | 6 |
Additional paid-in capital | 6,656,720 | 6,750,076 |
Distributions in excess of accumulated earnings | (1,267,536) | (1,080,176) |
Accumulated other comprehensive income, net | 33,556 | 46,466 |
Total stockholders' equity | 5,422,746 | 5,716,372 |
Noncontrolling interest | 171,232 | 178,744 |
Total equity | 5,593,978 | 5,895,116 |
Total liabilities and equity | $ 12,361,427 | $ 12,372,905 |