Essex Property Trust Reit

ESS · NYSE · USD

$268.65Change from previous close: −0.32%Absolute change: −$0.86

Close · October 2, 2026

Valuation

Data as of October 5, 2026

Valuation multiples

Market cap
$17.85B
Enterprise value
$24.53B
P/E (trailing 12 months)
41.8
Forward P/E
43.0
Price/book
3.24
Price/sales
9.01
EV/EBITDA
19.9
EV/revenue
12.4

Profitability and growth

Gross margin
68.8%
Operating margin
31.1%
Net margin
20.9%
ROE
7.7%
ROA
3.0%
ROIC
3.1%

Financial health

Total cash
$67.53M
Total debt
$6.75B
Debt/equity
1.22
Current ratio
0.25
Quick ratio
0.09
Piotroski F-Score
5.00

Dividends

Annual dividend per share
$10.36
Dividend yield
3.9%
Payout ratio
161.2%
Ex-dividend date
September 30, 2026

Analysts and estimates

Average price target
$304.07
Analysts with a price target
26
Consensus
Hold

Shares and trading

Beta
0.72
Average volume
545.93K
Shares outstanding
66.45M
Float
63.55M
Institutional ownership
103.0%
Insider ownership
0.5%
Short interest (% of float)
3.4%
Short ratio (days)
4.47