Essex Property Trust, Inc (ESS)

Exchange: NYSE
Currency: USD

 
Price: 328.10 (Close)

Summary

 

52 Week range 200d Moving Avg. Beta
182.04 – 336.75 284.37 0.92
Dividend Dividend Yield Ex-Dividend date
8.24 2.51% 2021-06-29
P/E Ratio Latest EPS DGR 3 years
46.92 0.00 5.89%
Overvalued
Low
Average Volatility
High
Slow
Dividend Growth
Fast

Profile

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 249 apartment communities comprising approximately 60,000 apartment homes with an additional 7 properties in various stages of active development.

 

Sector: Industry:
Real Estate REIT—Residential
Dividend Aristocrat

Environment, Social and Governance (ESG) Ratings

Total ESG Score

18 – 11 percentile

Environment

8 – 4 percentile

Social

7 – 4 percentile

Governance

7 – 4 percentile

Controversy level

1

Peers

Dividend aristocrats in the same sector are:
– Federal Realty Investment Trust (FRT)
– Realty Income Corp. (O)


Dividend Safety Metrics

Latest EPS 0.00
Annual Payout 8.24
Payout Ratio 0.00%
Dividend growth 25 Years
Dividend Score 0
Dividend Coverage Ratio 0.79
Altman-Z score 1.74 Distress Zone

 


Estimated Future Total Return Metrics

Total return last 5Y 9.30%
Dividend growth 5Y 7.61%
Current dividend yield 2.51%
Average dividend yield last 5Y 2.96%
Estimated EPS growth next 5Y 7.90%
Extra return due to over/under valuation -3.20%
Estimated future return 5Y (CAGR) 7.70%

 

Essex Property Trust, Inc (ESS) Valuation


Essex Property Trust, Inc current dividend yield of 2.51% is -15% below its 5-year average. The 5-year average dividend yield is 2.96% (see red-line in chart). This indicates the stock looks overvalued today.

Essex Property Trust, Inc (ESS) Performance

The chart below displays the total price return(%) of Essex Property Trust, Inc for different periods:

 

Essex Property Trust, Inc (ESS) Total Return

The chart below displays the (CAGR) total return (%) including all dividends paid of Essex Property Trust, Inc for different periods:

 


Dividend Scorecard

Dividend Yield (TTM) Annual Payout Payout Ratio Dividend growth
2.51 8.24 0.00% 25 Years

 

Dividend Growth Summary

3 Year Growth Rate (CAGR) 5.89%
5 Year Growth Rate (CAGR) 7.61%
10 Year Growth Rate (CAGR) 7.24%

Dividend Growth Rates History

Year Payout Amount Annual Payout Growth (YoY)
2021 4.180 -%
2020 8.310 6.5%
2019 7.800 4.8%
2018 7.440 6.3%
2017 7.000 9.4%
2016 6.400 11.1%
2015 5.760 12.7%
2014 5.110 5.6%
2013 4.840 10.0%
2012 4.400 5.8%
2011 4.160 0.7%
2010 4.130 0.2%
2009 4.120 1.0%
2008 4.080 9.7%
2007 3.720 10.7%
2006 3.360 3.7%
2005 3.240 2.5%

Essex Property Trust, Inc (ESS) Dividend Payment History