Essex Property Trust, Inc (NYSE:ESS) currently has a daily average trading volume of 481.13K but it saw 327786 shares traded in last market. With a market cap of 18.93B USD, the company’s current market price of $284.01 came rising about 0.17 while comparing to the previous closing price of $283.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $317.73 and as low as $243.85. In the recent trading on the day, stock has struck highest price mark of $282.86 while lowest mark touched by it was $286.09.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Deutsche Bank which upgraded the stock as “Buy” in its note to investors issued on January 21, 2025, recommending a price target of between $308 and $310 for it. BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on January 13, 2025 while assigning a price target range of $323-$310. Barclays issued its recommendations for the stock as it initiated the price target for the stock is $316.
Over the week, ESS’s stock price is moving -0.76% down while it is -0.87% when we observe its performance for the past one month. Year-to-date it is -0.50% down and over the past year, the stock is showing an upside performance of 1.98%.
Currently, Essex Property Trust, Inc’s total number of outstanding shares is 64.36M. Company’s return on investment (ROI) stands at 5.71% and return on equity (ROE) at 12.09%. It has a price to earnings ratio (P/E ratio) of 27.18 while having a 45.68 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 3.28 while price to sale or P/S ratio amounts to 10.45. Its return on asset (ROA) is 5.15% on average.
