Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.02
ESS's Cash to Debt is ranked higher than
62% of the 808 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.05 vs. ESS: 0.02 )
ESS' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.02

Equity to Asset 0.51
ESS's Equity to Asset is ranked higher than
76% of the 847 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.48 vs. ESS: 0.51 )
ESS' s 10-Year Equity to Asset Range
Min: 0.25   Max: 0.59
Current: 0.51

0.25
0.59
Interest Coverage 1.80
ESS's Interest Coverage is ranked higher than
64% of the 683 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.65 vs. ESS: 1.80 )
ESS' s 10-Year Interest Coverage Range
Min: 0.31   Max: 9999.99
Current: 1.8

0.31
9999.99
F-Score: 5
Z-Score: 1.60
M-Score: -2.92
WACC vs ROIC
4.50%
2.56%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 21.86
ESS's Operating margin (%) is ranked higher than
61% of the 850 Companies
in the Global REIT - Residential industry.

( Industry Median: 41.53 vs. ESS: 21.86 )
ESS' s 10-Year Operating margin (%) Range
Min: 6.44   Max: 50.23
Current: 21.86

6.44
50.23
Net-margin (%) 13.89
ESS's Net-margin (%) is ranked higher than
60% of the 851 Companies
in the Global REIT - Residential industry.

( Industry Median: 33.84 vs. ESS: 13.89 )
ESS' s 10-Year Net-margin (%) Range
Min: 8.64   Max: 34.67
Current: 13.89

8.64
34.67
ROE (%) 3.34
ESS's ROE (%) is ranked higher than
59% of the 860 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.64 vs. ESS: 3.34 )
ESS' s 10-Year ROE (%) Range
Min: 3.26   Max: 16.49
Current: 3.34

3.26
16.49
ROA (%) 1.48
ESS's ROA (%) is ranked higher than
61% of the 863 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.93 vs. ESS: 1.48 )
ESS' s 10-Year ROA (%) Range
Min: 1.03   Max: 5.07
Current: 1.48

1.03
5.07
ROC (Joel Greenblatt) (%) 2.71
ESS's ROC (Joel Greenblatt) (%) is ranked higher than
57% of the 771 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.32 vs. ESS: 2.71 )
ESS' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 0.9   Max: 13.83
Current: 2.71

0.9
13.83
Revenue Growth (3Y)(%) 5.60
ESS's Revenue Growth (3Y)(%) is ranked higher than
88% of the 649 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.40 vs. ESS: 5.60 )
ESS' s 10-Year Revenue Growth (3Y)(%) Range
Min: -3.3   Max: 21.9
Current: 5.6

-3.3
21.9
EBITDA Growth (3Y)(%) 10.30
ESS's EBITDA Growth (3Y)(%) is ranked higher than
84% of the 582 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.20 vs. ESS: 10.30 )
ESS' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 34
Current: 10.3

0
34
EPS Growth (3Y)(%) 43.10
ESS's EPS Growth (3Y)(%) is ranked higher than
93% of the 482 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.40 vs. ESS: 43.10 )
ESS' s 10-Year EPS Growth (3Y)(%) Range
Min: -24.4   Max: 43.1
Current: 43.1

-24.4
43.1
» ESS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

ESS Guru Trades in Q1 2014

Jim Simons 222,930 sh (New)
George Soros 12,100 sh (New)
Manning & Napier Advisors, Inc 40,439 sh (+61.11%)
Steven Cohen 2,775 sh (+35.5%)
Chuck Royce 8,000 sh (unchged)
Steven Romick -88,200 sh (unchged)
Paul Tudor Jones Sold Out
Ken Fisher 34,340 sh (-1.27%)
Chris Davis 184,752 sh (-23.02%)
» More
Q2 2014

ESS Guru Trades in Q2 2014

Jeremy Grantham 12,300 sh (New)
Pioneer Investments 12,281 sh (New)
Ken Fisher 34,658 sh (+0.93%)
Steven Romick -88,200 sh (unchged)
Chuck Royce 8,000 sh (unchged)
George Soros Sold Out
Jim Simons Sold Out
Manning & Napier Advisors, Inc 38,286 sh (-5.32%)
Chris Davis 132,244 sh (-28.42%)
» More
Q3 2014

ESS Guru Trades in Q3 2014

Jim Simons 50,500 sh (New)
Jeremy Grantham 18,500 sh (+50.41%)
Chuck Royce 8,000 sh (unchged)
Steven Romick -88,200 sh (unchged)
Manning & Napier Advisors, Inc 37,836 sh (-1.18%)
Ken Fisher 34,038 sh (-1.79%)
Chris Davis 90,710 sh (-31.41%)
» More
Q4 2014

ESS Guru Trades in Q4 2014

Steven Romick 0 sh (+9999%)
Jim Simons 217,000 sh (+329.7%)
Chuck Royce 8,000 sh (unchged)
Manning & Napier Advisors, Inc 37,836 sh (unchged)
Ken Fisher 32,878 sh (-3.41%)
Chris Davis 86,969 sh (-4.12%)
Jeremy Grantham 16,500 sh (-10.81%)
» More
» Details

Insider Trades

Latest Guru Trades with ESS

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Chris Davis 2014-09-30 Reduce -31.41%0.02%$179.82 - $195.51 $ 223.518%90710
George Soros 2014-06-30 Sold Out 0.02%$164.82 - $185.25 $ 223.526%0
Chris Davis 2014-06-30 Reduce -28.42%0.02%$164.82 - $185.25 $ 223.526%132244
Chris Davis 2014-03-31 Reduce -23.02%0.02%$143.51 - $171.8 $ 223.539%184752
George Soros 2014-03-31 New Buy0.02%$143.51 - $171.8 $ 223.539%12100
Chris Davis 2013-09-30 Reduce -39.47%0.06%$141.49 - $169.6 $ 223.544%233899
Ken Fisher 2013-09-30 Reduce -46.19%0.01%$141.49 - $169.6 $ 223.544%35455
Ken Heebner 2013-06-30 Sold Out 2%$148.43 - $170.47 $ 223.542%0
Chris Davis 2013-06-30 Add 28.2%0.04%$148.43 - $170.47 $ 223.542%386391
James Barrow 2013-06-30 Sold Out 0.02%$148.43 - $170.47 $ 223.542%0
Ken Heebner 2013-03-31 Reduce -20.52%0.53%$146.65 - $155.05 $ 223.548%536500
James Barrow 2013-03-31 Reduce -79.66%0.09%$146.65 - $155.05 $ 223.548%79249
James Barrow 2012-12-31 Reduce -52.93%0.13%$138.08 - $150 $ 223.555%389620
Ron Baron 2012-09-30 Sold Out 0.0015%$148.24 - $160.28 $ 223.545%0
Ken Fisher 2012-09-30 Add 23.17%$148.24 - $160.28 $ 223.545%57882
Richard Perry 2012-06-30 Sold Out 0.04%$146.93 - $159.71 $ 223.546%0
Richard Perry 2012-03-31 New Buy0.04%$136.94 - $150.77 $ 223.566%5000
Ken Fisher 2012-03-31 Add 43.34%0.01%$136.94 - $150.77 $ 223.566%57487
Chris Davis 2011-12-31 Reduce -36.84%0.05%$114.6 - $146.45 $ 223.568%337569
Ron Baron 2011-12-31 New Buy$114.6 - $146.45 $ 223.568%1550
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Essex Property Trust Inc

SymbolPriceYieldDescription
ESSFO29.334.16
ESSPRH58.334.94Essex Property Tr --- 7 1/8 % Cum Red Pfd Shs Series -H-

Ratios

vs
industry
vs
history
P/E(ttm) 94.60
ESS's P/E(ttm) is ranked higher than
61% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 28.30 vs. ESS: 94.60 )
ESS' s 10-Year P/E(ttm) Range
Min: 14.15   Max: 150.25
Current: 94.6

14.15
150.25
Forward P/E 55.56
ESS's Forward P/E is ranked higher than
69% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 30.03 vs. ESS: 55.56 )
N/A
PE(NRI) 117.90
ESS's PE(NRI) is ranked higher than
61% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 29.90 vs. ESS: 117.90 )
ESS' s 10-Year PE(NRI) Range
Min: 17.99   Max: 186.35
Current: 117.9

17.99
186.35
P/B 2.40
ESS's P/B is ranked higher than
56% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.32 vs. ESS: 2.40 )
ESS' s 10-Year P/B Range
Min: 1.68   Max: 5.79
Current: 2.4

1.68
5.79
P/S 13.20
ESS's P/S is ranked higher than
56% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 8.16 vs. ESS: 13.20 )
ESS' s 10-Year P/S Range
Min: 3.38   Max: 13.5
Current: 13.2

3.38
13.5
POCF 26.68
ESS's POCF is ranked higher than
61% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 18.28 vs. ESS: 26.68 )
ESS' s 10-Year POCF Range
Min: 7.62   Max: 27.03
Current: 26.68

7.62
27.03
EV-to-EBIT 107.46
ESS's EV-to-EBIT is ranked higher than
57% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 34.66 vs. ESS: 107.46 )
ESS' s 10-Year EV-to-EBIT Range
Min: 24.6   Max: 199.7
Current: 107.46

24.6
199.7
PEG 12.54
ESS's PEG is ranked higher than
88% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.00 vs. ESS: 12.54 )
ESS' s 10-Year PEG Range
Min: 1.02   Max: 1134.92
Current: 12.54

1.02
1134.92
Shiller P/E 85.20
ESS's Shiller P/E is ranked higher than
81% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.00 vs. ESS: 85.20 )
ESS' s 10-Year Shiller P/E Range
Min: 17.25   Max: 86.76
Current: 85.2

17.25
86.76
Current Ratio 0.68
ESS's Current Ratio is ranked higher than
82% of the 783 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.85 vs. ESS: 0.68 )
ESS' s 10-Year Current Ratio Range
Min: 0.38   Max: 2.79
Current: 0.68

0.38
2.79
Quick Ratio 0.68
ESS's Quick Ratio is ranked higher than
83% of the 783 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.78 vs. ESS: 0.68 )
ESS' s 10-Year Quick Ratio Range
Min: 0.38   Max: 2.79
Current: 0.68

0.38
2.79
Days Sales Outstanding 9.89
ESS's Days Sales Outstanding is ranked higher than
85% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 33.38 vs. ESS: 9.89 )
ESS' s 10-Year Days Sales Outstanding Range
Min: 19.54   Max: 85.26
Current: 9.89

19.54
85.26

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.30
ESS's Dividend Yield is ranked lower than
84% of the 843 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.29 vs. ESS: 2.30 )
ESS' s 10-Year Dividend Yield Range
Min: 2.2   Max: 7.5
Current: 2.3

2.2
7.5
Dividend Payout 2.76
ESS's Dividend Payout is ranked higher than
57% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.23 vs. ESS: 2.76 )
ESS' s 10-Year Dividend Payout Range
Min: 0.46   Max: 16.25
Current: 2.76

0.46
16.25
Dividend growth (3y) 5.40
ESS's Dividend growth (3y) is ranked higher than
75% of the 524 Companies
in the Global REIT - Residential industry.

( Industry Median: 5.30 vs. ESS: 5.40 )
ESS' s 10-Year Dividend growth (3y) Range
Min: 0.6   Max: 12.8
Current: 5.4

0.6
12.8
Yield on cost (5-Year) 2.68
ESS's Yield on cost (5-Year) is ranked lower than
77% of the 846 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.88 vs. ESS: 2.68 )
ESS' s 10-Year Yield on cost (5-Year) Range
Min: 2.56   Max: 8.74
Current: 2.68

2.56
8.74
Share Buyback Rate -7.90
ESS's Share Buyback Rate is ranked higher than
72% of the 607 Companies
in the Global REIT - Residential industry.

( Industry Median: -6.10 vs. ESS: -7.90 )
ESS' s 10-Year Share Buyback Rate Range
Min: -0.4   Max: -39.1
Current: -7.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.40
ESS's Price/Tangible Book is ranked higher than
58% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.40 vs. ESS: 2.40 )
ESS' s 10-Year Price/Tangible Book Range
Min: 1.12   Max: 5.22
Current: 2.4

1.12
5.22
Price/DCF (Projected) 4.80
ESS's Price/DCF (Projected) is ranked higher than
80% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.00 vs. ESS: 4.80 )
ESS' s 10-Year Price/DCF (Projected) Range
Min: 2.36   Max: 52.45
Current: 4.8

2.36
52.45
Price/Median PS Value 1.60
ESS's Price/Median PS Value is ranked higher than
61% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.30 vs. ESS: 1.60 )
ESS' s 10-Year Price/Median PS Value Range
Min: 0.32   Max: 1.36
Current: 1.6

0.32
1.36
Price/Peter Lynch Fair Value 6.00
ESS's Price/Peter Lynch Fair Value is ranked higher than
89% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.00 vs. ESS: 6.00 )
ESS' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.8   Max: 27.15
Current: 6

0.8
27.15
Price/Graham Number 3.60
ESS's Price/Graham Number is ranked higher than
62% of the 934 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.50 vs. ESS: 3.60 )
ESS' s 10-Year Price/Graham Number Range
Min: 0.83   Max: 4.51
Current: 3.6

0.83
4.51
Earnings Yield (Greenblatt) 0.90
ESS's Earnings Yield (Greenblatt) is ranked higher than
54% of the 846 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.30 vs. ESS: 0.90 )
ESS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 4.1
Current: 0.9

0.5
4.1
Forward Rate of Return (Yacktman) 17.29
ESS's Forward Rate of Return (Yacktman) is ranked higher than
83% of the 527 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.56 vs. ESS: 17.29 )
ESS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -6.5   Max: 19
Current: 17.29

-6.5
19

Business Description

Industry: REITs » REIT - Residential
Compare:PPS, EQR, AVB, AGNC, AIV » details
Traded in other countries:ESSFO.USA, EXP.Germany,
Essex Property Trust Inc is a Maryland corporation founded in 1971. The Company completed an initial public offering on June 13, 1994. It operates as a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities. As of December 31, 2013, the Company owned or held an interest in 164 communities, aggregating 34,079 units, located along the West Coast, as well as four commercial buildings, and eleven active development projects with 2,501 units in various stages of development.The Company defines its reportable operating segments as the three geographical regions in which its communities are located: Southern California, Northern California and Seattle Metro. The Company faces competition from other real estate investment trusts, businesses and other entities in the acquisition, development and operation of apartment communities. The Company is subject to various other lawsuits in the normal course of its business operations.
» More Articles for ESS

Headlines

Articles On GuruFocus.com
Essex Property Raises Dividend By 10.8% Feb 27 2015 
Essex Reports Characteristics of 2014 Dividend Jan 27 2015 
Essex Announces Release and Conference Call Dates for Its 2014 Fourth Quarter Earnings Results and 2 Jan 06 2015 
These Two Sectors Have Weathered The Storm Oct 16 2014 
Essex Announces Release and Conference Call Dates for Its 2014 Third Quarter Earnings Results Oct 15 2014 
Essex Property Trust Reports Cyber-Incident on Computer Networks Oct 15 2014 
5 Stocks Giving Their Shareholders A Raise With Higher Dividends Jun 16 2014 
Steven Romick’s Biggest Short Positions Jan 22 2013 
DT, nemovitosti Sep 21 2012 
Avalon Bay - This Stock Will Fall This Year Mar 07 2012 


More From Other Websites
Essex Announces Acquisition in Downtown Los Angeles Mar 02 2015
Essex Property Buys Los Angeles Asset to Boost Portfolio - Analyst Blog Mar 02 2015
ESSEX PROPERTY TRUST INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in... Mar 02 2015
ESSEX PROPERTY TRUST INC Files SEC form 10-K, Annual Report Mar 02 2015
Essex Announces Acquisition in Downtown Los Angeles Feb 27 2015
Prologis (PLD) Increases Dividend by 9%: Should You Buy? - Analyst Blog Feb 26 2015
Essex Property Hikes Dividend by 10.8%, Shares Edge Up After-Hours - Analyst Blog Feb 26 2015
Essex Property Trust to Present at 2015 Citigroup Global Property CEO Conference Feb 25 2015
Essex Announces Its 21st Consecutive Annual Dividend Increase Feb 25 2015
Essex Announces Its 21st Consecutive Annual Dividend Increase Feb 25 2015
Essex Property Trust to Present at 2015 Citigroup Global Property CEO Conference Feb 25 2015
Essex Announces Development Deal in San Francisco Feb 11 2015
Essex Announces Development Deal in San Francisco Feb 10 2015
Essex Property Trust (ESS) Earnings Report: Q4 2014 Conference Call Transcript Feb 06 2015
Moody's Upgrades Equity Residential's Ratings to Positive - Analyst Blog Feb 05 2015
ESSEX PROPERTY TRUST INC Files SEC form 8-K, Results of Operations and Financial Condition,... Feb 05 2015
Essex Property Q4 FFO Beats Estimates, Guides In Line - Analyst Blog Feb 05 2015
Smart Beta ETFs: Have You Checked Your Index Lately? Feb 04 2015
Essex Property Trust reports 4Q results Feb 04 2015
Essex Property Trust reports 4Q results Feb 04 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK