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Essex Property Trust Inc 0IIR

Morningstar Rating
$278.02 +5.39 (1.98%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

0IIR is trading at a 46% premium.
Price
$278.69
Fair Value
$651.36
Uncertainty
Medium
1-Star Price
$297.72
5-Star Price
$683.17
Economic Moat
Nkcf
Capital Allocation
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Trading Information

Previous Close Price
$272.63
Day Range
$277.11278.02
52-Week Range
$203.85278.02
Bid/Ask
$0.00 / $0.00
Market Cap
$17.85 Bil
Volume/Avg
10 / 994

Key Statistics

Price/Earnings (Normalized)
48.15
Price/Sales
10.60
Dividend Yield (Trailing)
3.37%
Dividend Yield (Forward)
3.52%
Total Yield
3.38%

Company Profile

Essex Property Trust owns a portfolio of 252 apartment communities with over 62,000 units and is developing another property with 264 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Sector
Real Estate
Industry
REIT - Residential
Stock Style Box
Mid Core
Total Number of Employees
1,750

Competitors

Valuation

Metric
0IIR
AIRC
EQR
Price/Earnings (Normalized)
48.159.0742.05
Price/Book Value
3.222.482.29
Price/Sales
10.607.228.99
Price/Cash Flow
17.3714.7917.04
Price/Earnings
0IIR
AIRC
EQR

Financial Strength

Metric
0IIR
AIRC
EQR
Quick Ratio
1.930.160.07
Current Ratio
1.960.200.29
Interest Coverage
3.136.355.18
Quick Ratio
0IIR
AIRC
EQR

Profitability

Metric
0IIR
AIRC
EQR
Return on Assets (Normalized)
4.42%10.96%5.94%
Return on Equity (Normalized)
9.93%31.06%10.78%
Return on Invested Capital (Normalized)
5.65%13.75%7.42%
Return on Assets
0IIR
AIRC
EQR
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REIT - Residential Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
AvalonBay Communities Inc
AVB
KtqfdbfyqMrd$28.7 Bil
Equity Residential
EQR
HrpvtxdmZxy$25.3 Bil
Invitation Homes Inc
INVH
RcmwhsqftBfbtb$21.7 Bil
Essex Property Trust Inc
ESS
JtwqfmvVhf$17.9 Bil
Mid-America Apartment Communities Inc
MAA
Rhvt$16.3 Bil
Sun Communities Inc
SUI
VkwqmqwtQglvy$14.5 Bil
UDR Inc
UDR
Dvm$13.3 Bil
American Homes 4 Rent Class A
AMH
Dvpk$13.0 Bil
Equity Lifestyle Properties Inc
ELS
LxxmqvpbnZqpjf$11.7 Bil
Apartment Income REIT Corp Class A
AIRC
RfzzshwtGrpnx$5.6 Bil

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