At the time of writing, Essex Property Trust, Inc [ESS] stock is trading at $307.20, up 0.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ESS shares have gain 0.32% over the last week, with a monthly amount drifted -0.13%, 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 21, 2025, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $310 from $308. Previously, BMO Capital Markets upgraded its rating to Outperform on January 13, 2025, and dropped its price target to $310. On December 17, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $316 on the stock. JP Morgan downgraded its rating to a Underweight and increased its price target to $303 on December 17, 2024. Raymond James downgraded its rating to a Mkt Perform. BofA Securities downgraded its rating to Neutral for this stock on September 24, 2024, and upped its price target to $321. In a note dated September 11, 2024, Exane BNP Paribas initiated an Outperform rating and provided a target price of $333 on this stock.
For the past year, the stock price of Essex Property Trust, Inc fluctuated between $230.90 and $317.73. Currently, Wall Street analysts expect the stock to reach $306 within the next 12 months. Essex Property Trust, Inc [NYSE: ESS] shares were valued at $307.20 at the most recent close of the market. An investor can expect a potential drop of -0.39% based on the average ESS price forecast.
Analyzing the ESS fundamentals
According to Essex Property Trust, Inc [NYSE:ESS], the company’s sales were 1.77B for trailing twelve months, which represents an 7.76% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.48%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.42%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.2.
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 303.58 points at the first support level, and at 299.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 309.67, and for the 2nd resistance point, it is at 312.14.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 11.53, the price to book ratio is 3.57 and price to earnings (TTM) ratio is 26.62.
Transactions by insiders
Recent insider trading involved Kasaris Mary, Director, that happened on Mar 11 ’25 when 2800.0 shares were sold. Director, Kasaris Mary completed a deal on Mar 11 ’25 to buy 2800.0 shares. Meanwhile, President and CEO Kleiman Angela L. sold 4929.0 shares on Mar 03 ’25.
