Essex Property Trust, Inc [ESS] stock is trading at $284.46, up 0.53%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ESS shares have gain 4.28% over the last week, with a monthly amount drifted -4.56%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Essex Property Trust, Inc [NYSE: ESS] stock has seen the most recent analyst activity on January 13, 2025, when BMO Capital Markets upgraded its rating to a Outperform and also revised its price target to $310 from $323. Previously, Barclays started tracking the stock with Equal Weight rating on December 17, 2024, and set its price target to $316. On December 17, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $303 on the stock. Raymond James downgraded its rating to a Mkt Perform. BofA Securities downgraded its rating to a Neutral and raised its price target to $321 on September 24, 2024. Exane BNP Paribas started tracking with a Outperform rating for this stock on September 11, 2024, and assigned it a price target of $333. In a note dated September 04, 2024, Goldman initiated an Neutral rating and provided a target price of $318 on this stock.
Essex Property Trust, Inc [ESS] stock has fluctuated between $223.06 and $317.73 over the past year. Currently, Wall Street analysts expect the stock to reach $316.67 within the next 12 months. Essex Property Trust, Inc [NYSE: ESS] shares were valued at $284.46 at the most recent close of the market. An investor can expect a potential return of 11.32% based on the average ESS price forecast.
Analyzing the ESS fundamentals
Essex Property Trust, Inc [NYSE:ESS] reported sales of 1.74B for the trailing twelve months, which represents a growth of 7.52%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.1 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 282.04 points at the first support level, and at 279.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 287.64, and for the 2nd resistance point, it is at 290.82.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 10.88, the price to book ratio is 3.36 and price to earnings (TTM) ratio is 33.25.
Transactions by insiders
Recent insider trading involved Johnson Amal M, Director, that happened on Sep 17 ’24 when 7298.0 shares were sold. President and CEO, Kleiman Angela L. completed a deal on Sep 16 ’24 to sell 8080.0 shares. Meanwhile, EVP, CAO & General Counsel Morrison Anne sold 2571.0 shares on Sep 16 ’24.
