Essex Property Trust Inc EXP
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.
Trading Information
- Previous Close Price
- $249.70
- Day Range
- $255.10–255.10
- 52-Week Range
- $160.00–330.00
- Bid/Ask
- $0.00 / $0.00
- Market Cap
- $16.38 Bil
- Volume/Avg
- 0 / 0
Key Statistics
- Price/Earnings (Normalized)
- 47.95
- Price/Sales
- 10.55
- Dividend Yield (Trailing)
- 3.49%
- Dividend Yield (Forward)
- 3.58%
- Total Yield
- 3.49%
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
|
EXP
|
AIRC
|
EQR
|
|---|---|---|---|
Price/Earnings (Normalized) | 47.95 | 9.07 | 42.05 |
Price/Book Value | 3.19 | 2.48 | 2.29 |
Price/Sales | 10.55 | 7.22 | 8.99 |
Price/Cash Flow | 17.30 | 14.79 | 17.04 |
Price/Earnings
EXP
AIRC
EQR
Financial Strength
|
Metric
|
EXP
|
AIRC
|
EQR
|
|---|---|---|---|
Quick Ratio | 1.93 | 0.16 | 0.07 |
Current Ratio | 1.96 | 0.20 | 0.29 |
Interest Coverage | 3.13 | 6.35 | 5.18 |
Quick Ratio
EXP
AIRC
EQR
Profitability
|
Metric
|
EXP
|
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
EXP
AIRC
EQR
REIT - Residential Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| AvalonBay Communities Inc
AVB
| Pldrpvbpw | Xbp | $28.7 Bil | |||
| Equity Residential
EQR
| Ddgbfctv | Hqjx | $25.3 Bil | |||
| Invitation Homes Inc
INVH
| Ljdpycybm | Pzz | $21.7 Bil | |||
| Essex Property Trust Inc
ESS
| Thdccmqz | Cknd | $17.9 Bil | |||
| Mid-America Apartment Communities Inc
MAA
| — | Crtq | $16.3 Bil | |||
| Sun Communities Inc
SUI
| Sqssxhkgf | Mqfb | $14.5 Bil | |||
| UDR Inc
UDR
| — | Cjrwf | $13.3 Bil | |||
| American Homes 4 Rent Class A
AMH
| — | Yqqp | $13.0 Bil | |||
| Equity Lifestyle Properties Inc
ELS
| Mpcxtmhy | Ycjtf | $11.7 Bil | |||
| Apartment Income REIT Corp Class A
AIRC
| Bdmxrnby | Hmrqv | $5.6 Bil |