Essex Property Trust (MEX:ESS) Shares Outstanding (Basic Average): 64 Mil (As of Mar. 2026)


MEX:ESS Essex Property Trust Inc MEX:ESS
78 GF Score
Price MXN4,081.12
GF Value MXN4,039.24
! 11 Warning Signs
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What is Essex Property Trust Shares Outstanding (Basic Average)?

Essex Property Trust MEX:ESS 78 Shares Outstanding (Basic Average) is 64 Mil as of Mar. 2026. GuruFocus rates MEX:ESS with a GF Score™ of 78/100 and a GF Value™ of MXN4,039.24. The stock has 11 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Essex Property Trust's average basic shares outstanding for the quarter that ended in Mar. 2026 was 64 Mil.


Essex Property Trust  (MEX:ESS) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Essex Property Trust Shares Outstanding (Basic Average) Related Terms


Essex Property Trust Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Essex Property Trust's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Essex Property Trust Shares Outstanding (Basic Average) Chart

Essex Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.05 65.08 64.25 64.23 64.38

Essex Property Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.32 64.39 64.40 64.41 64.46
MEX:ESS
78GF Score
Essex Property Trust Inc MEX:ESS
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Essex Property Trust Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 64 Mil mean?
Essex Property Trust (MEX:ESS) has a Shares Outstanding (Basic Average) of 64 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Essex Property Trust and its competitors.
Is Essex Property Trust's Shares Outstanding (Basic Average) too high?
Essex Property Trust's current Shares Outstanding (Basic Average) is 64 Mil. Overall, Essex Property Trust has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Essex Property Trust's Shares Outstanding (Basic Average) compare to INVH and SUI?
Essex Property Trust's Shares Outstanding (Basic Average) of 64 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a REITs company?
A good Shares Outstanding (Basic Average) depends on the REITs industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Essex Property Trust and its competitors. Essex Property Trust's current Shares Outstanding (Basic Average) is 64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essex Property Trust stock overvalued right now?
Essex Property Trust (MEX:ESS) has a current Shares Outstanding (Basic Average) of 64 Mil. The stock's GF Value™ is MXN4,039.24, compared to a current price of MXN4,081.12 — trading 1% above its estimated fair value. The current Shares Outstanding (Basic Average) is 64 Mil. Essex Property Trust's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Essex Property Trust (MEX:ESS), the current Shares Outstanding (Basic Average) is 64 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Essex Property Trust (MEX:ESS) Overvalued in 2026?

Based on GuruFocus' analysis, Essex Property Trust stock appears to be overvalued. The current stock price of MXN4,081.12 is trading 1% above its estimated GF Value™ of MXN4,039.24.

Key valuation signals for MEX:ESS:

  • Shares Outstanding (Basic Average): 64 Mil
  • GF Value™: MXN4,039.24 vs. price of MXN4,081.12 (1% above fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the MEX:ESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Essex Property Trust Business Description

Industry Real EstateREITs
Address 1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 259 apartment communities with over 63,000 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.
78GF Score

Get the complete analysis for MEX:ESS

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,081.12
Price
MXN4,039.24
GF Value