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Essex Property Trust is a real estate investment trust that owns and operates apartment communities in the United States, with no direct role in the AI ecosystem.
Snapshot
| Country |
USA
|
| Exchange | NYSE |
| AI Layer |
energy
|
| Category |
1.60 Fuel Cells and Long-Duration Energy Storage
|
| Sentiment |
48.5% |
| USD Mkt Cap | 18.81B |
| USD Revenue | 1.98B |
| USD Net Income | 413.84M |
| P/E | 42.58 |
| fwd P/E | 43.32 |
| PEG | 7.02 |
| Price 3M | -3.2% |
| Price 6M | +10.8% |
| Price 1Y | +5.7% |
| Price 2Y | -6.9% |
| USD Share Price | 273.99 |
Price & Size
| Price |
272.91 USD |
| Market Cap |
18.81B USD |
| Shares Outstanding |
64.27M |
| Shares Float |
63.55M |
| 52w Low |
238.46 USD |
| 52w High |
303.35 USD |
| Avg Volume |
475,791 |
Valuation
| P/E (trailing) |
42.6x |
| P/E (forward) |
43.3x |
| P/B |
3.29x |
| Enterprise Value |
24.41B USD |
| Book Value / Share |
82.83 USD |
| PEG Ratio |
7.02x |
| P/S |
9.50x |
| EV / Revenue |
12.32x |
| EV / EBITDA |
19.84x |
Income
| Revenue |
1.98B USD |
| Revenue / Share |
30.76 USD |
| EBITDA |
1.23B USD |
| Net Income |
413.84M USD |
| EPS (trailing) |
6.41 USD |
| EPS (forward) |
6.30 USD |
Margins & Profitability
| Gross Margin |
68.8% |
| Operating Margin |
34.0% |
| Profit Margin |
20.9% |
| EBITDA Margin |
62.1% |
| Return on Equity |
7.7% |
| Return on Assets |
3.0% |
Growth
| Revenue Growth |
3.1% |
| Earnings Growth |
-71.8% |
Cash & Debt
| Total Cash |
67.53M USD |
| Total Debt |
6.75B USD |
| Free Cash Flow |
1.04B USD |
| Operating Cash Flow |
1.12B USD |
| Debt / Equity |
1.22x |
| Current Ratio |
0.25x |
| Quick Ratio |
0.09x |
Dividend
| Rate |
10.36 USD |
| Yield |
3.8% |
| Payout Ratio |
160.8% |
| Ex-Date |
2026-09-30 |
Analyst Consensus
| Target (Mean) |
304.47 USD |
| Target (Median) |
302.00 USD |
| Target (High) |
352.00 USD |
| Target (Low) |
239.00 USD |
| Recommendation |
hold |
| # Analysts |
25 |
Identifiers
| ISIN | US2971781057 |
| CUSIP | 297178105 |
| FIGI | BBG000B9X8C0 |
| SEDOL | 2326612 |
Sentiment 48.5%
as of Sep 11, 2026
Positive drivers
Modest recovery in multifamily demand in coastal markets supported stable occupancy. Dividend yield remained attractive relative to broader REIT sector. Company maintained disciplined capital allocation amid economic uncertainty.
Neutral / mixed
Interest rate volatility created mixed signals for property valuations. Housing affordability challenges balanced tenant retention metrics. Limited direct exposure to AI sector trends kept performance aligned with traditional real estate cycles.
Negative drivers
Elevated borrowing costs pressured net asset values and development pipelines. Regional economic slowdowns in California markets weighed on rent growth expectations. Broader market rotation away from non-tech REITs capped upside momentum.
Bottom line
Sentiment for ESS remained slightly negative over the period, driven by macroeconomic headwinds on REIT valuations despite resilient operational metrics.