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Essex Property Trust, Inc.

ESS Stock Analysis

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Dividend Score

Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength

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Dividend Stability

ESS has maintained stable dividend payments over the past 11 years with no cuts over 5%.

Dividend Growth

ESS's dividend payments have shown moderate growth, growing by 4.671% annually over the last 5 years.

Earnings Growth

ESS's earnings have shown very poor growth, shrinking by -1.572% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

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About Essex Property Trust, Inc.

REIT - Residential
Real Estate

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

Essex Property Trust, Inc. Key Metrics

Market Cap
$20B
52 Weeks Low
$203.85
52 Weeks High
$315.77
Dividend Yield
3.18%
P/E
47.42x
P/S
11.79x

Upcoming Events

  • Ex-Dividend Date

    To receive dividends, buy the stock before this date.

  • Dividend Payment

Essex Property Trust, Inc. Dividends

Dividend Yield
3.18%
Payout Ratio
117.82%
Dividend Amount Per Share
$9.52
Last Ex-Dividend Date
Sep 30, 2024

ESS Dividend Safety

ESS paid out 117.82% of its $406M earnings as dividends over the last 12 months.

Unsafe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

ESS's Dividend Payout Ratio of 117.822% is considered high for the Real Estate sector, potentially restricting the funds available for reinvestment and threatening future growth.

Interest Rate Coverage

ESS's Interest Coverage Ratio of 5.928 indicates strong financial health with easy coverage of interest expenses.

Income Quality

ESS shows excellent income quality with a ratio of 2.415. This indicates high-quality earnings and low risk of dividend cuts.

ESS Dividend Growth

Essex Property Trust, Inc.(ESS) offers a dividend yield of 3.18% and pays $9.52 in dividends per share. Explore the historical dividend growth of ESS.

Dividend Stability

ESS has maintained stable dividend payments over the past 11 years with no cuts over 5%.

Dividend Growth

ESS's dividend payments have shown moderate growth, growing by 4.671% annually over the last 5 years.

Earnings Growth

ESS's earnings have shown very poor growth, shrinking by -1.572% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

ESS Analyst Forecasts



ESS Financials

ESS Income Statement Key Metrics

  • Revenue(TTM)1.71 B
  • Gross Profit(TTM)766.17 M
  • EBITDA(TTM)1.25 B
  • Net Income(TTM)425.31 M
  • EPS Diluted(TTM)6.630800000000001

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ESS earnings and revenue history

Gross Profit Margin vs Peers

Profit margin ratio of ESS (0.383) is higher than the average of its peers (0.306).

Net Profit Margin vs Peers

Net profit margin ratio of ESS (0.243) is lower than the average of its peers (0.262).

ESS Return on Equity

See how efficiently ESS generates profit for it's shareholders.

7.48%

10
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100
  1. Poor

  2. Average

  3. Strong

Return on Equity vs Peers

Return on Equity ratio of ESS (0.075) is lower than the average of its peers (0.088).

Return on Equity Growth

ESS's Return on Equity has grown significantly over the past 10 years, increasing by over 13.95%.

ESS Revenue Growth

See how ESS has grown it's revenue over the past 10 years.


Revenue Growth

ESS's revenue has shown poor growth over the past 10 years, increasing by only 5.59%.