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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 10 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
$19B
52 Weeks Low
$203.85
52 Weeks High
$317.73
Dividend Yield
3.40%
P/E
43.99x
P/S
10.94x

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    Essex Property Trust, Inc. Dividends

    Dividend Yield
    3.40%
    Payout Ratio
    117.97%
    Dividend Amount Per Share
    $9.52
    Last Ex-Dividend Date
    Sep 30, 2024

    ESS Dividend Safety

    ESS paid out 117.97% 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 117.968% 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 3.40% 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 10 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.

    More on Dividends

    ESS Analyst Forecasts

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    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%

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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.

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    Revenue Growth

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