Essex Property Trust (ESS) Competitors

$246.92
-0.29 (-0.12%)
(As of 04/26/2024 ET)

ESS vs. SUI, MAA, UDR, ELS, CPT, EQR, AVB, HST, AMH, and DOC

Should you be buying Essex Property Trust stock or one of its competitors? The main competitors of Essex Property Trust include Sun Communities (SUI), Mid-America Apartment Communities (MAA), UDR (UDR), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), Equity Residential (EQR), AvalonBay Communities (AVB), Host Hotels & Resorts (HST), American Homes 4 Rent (AMH), and Healthpeak Properties (DOC). These companies are all part of the "real estate investment trusts" industry.

Essex Property Trust vs.

Sun Communities (NYSE:SUI) and Essex Property Trust (NYSE:ESS) are both large-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, risk, institutional ownership, earnings, dividends, media sentiment, valuation, profitability and analyst recommendations.

99.6% of Sun Communities shares are held by institutional investors. Comparatively, 96.5% of Essex Property Trust shares are held by institutional investors. 1.9% of Sun Communities shares are held by insiders. Comparatively, 3.8% of Essex Property Trust shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Essex Property Trust received 322 more outperform votes than Sun Communities when rated by MarketBeat users. However, 61.19% of users gave Sun Communities an outperform vote while only 57.09% of users gave Essex Property Trust an outperform vote.

CompanyUnderperformOutperform
Sun CommunitiesOutperform Votes
391
61.19%
Underperform Votes
248
38.81%
Essex Property TrustOutperform Votes
713
57.09%
Underperform Votes
536
42.91%

In the previous week, Sun Communities had 4 more articles in the media than Essex Property Trust. MarketBeat recorded 11 mentions for Sun Communities and 7 mentions for Essex Property Trust. Sun Communities' average media sentiment score of 1.12 beat Essex Property Trust's score of 1.11 indicating that Essex Property Trust is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Sun Communities
7 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Essex Property Trust
4 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Sun Communities presently has a consensus price target of $141.17, suggesting a potential upside of 18.55%. Essex Property Trust has a consensus price target of $245.37, suggesting a potential downside of 0.63%. Given Essex Property Trust's stronger consensus rating and higher possible upside, research analysts clearly believe Sun Communities is more favorable than Essex Property Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sun Communities
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Essex Property Trust
3 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.17

Essex Property Trust has a net margin of 24.31% compared to Essex Property Trust's net margin of 4.40%. Sun Communities' return on equity of 7.10% beat Essex Property Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Sun Communities4.40% 1.79% 0.82%
Essex Property Trust 24.31%7.10%3.29%

Sun Communities pays an annual dividend of $3.76 per share and has a dividend yield of 3.2%. Essex Property Trust pays an annual dividend of $9.80 per share and has a dividend yield of 4.0%. Sun Communities pays out 329.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Essex Property Trust pays out 155.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Sun Communities has raised its dividend for 8 consecutive years and Essex Property Trust has raised its dividend for 30 consecutive years. Essex Property Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Essex Property Trust has lower revenue, but higher earnings than Sun Communities. Essex Property Trust is trading at a lower price-to-earnings ratio than Sun Communities, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sun Communities$3.22B4.60-$201M$1.14104.46
Essex Property Trust$1.67B9.50$405.83M$6.3139.13

Sun Communities has a beta of 0.8, suggesting that its share price is 20% less volatile than the S&P 500. Comparatively, Essex Property Trust has a beta of 0.8, suggesting that its share price is 20% less volatile than the S&P 500.

Summary

Essex Property Trust beats Sun Communities on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ESS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

ESS vs. The Competition

MetricEssex Property TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$15.85B$6.31B$8.57B$17.47B
Dividend Yield3.96%6.95%9.98%3.55%
P/E Ratio39.1336.9352.0225.14
Price / Sales9.506.21277.6010.49
Price / Cash16.5114.9014.8017.65
Price / Book2.832.192.364.87
Net Income$405.83M$149.62M$927.71M$964.96M
7 Day Performance5.00%1.52%1.04%1.90%
1 Month Performance2.28%-4.10%-2.23%-3.08%
1 Year Performance16.77%0.07%13.86%96.69%

Essex Property Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SUI
Sun Communities
4.2131 of 5 stars
$118.45
-1.6%
$141.17
+19.2%
-12.1%$14.76B$3.22B103.906,780Upcoming Earnings
Analyst Report
Positive News
MAA
Mid-America Apartment Communities
4.7721 of 5 stars
$123.75
-2.3%
$143.18
+15.7%
-14.6%$14.45B$2.15B26.272,427Upcoming Earnings
News Coverage
UDR
UDR
4.8828 of 5 stars
$35.27
-1.6%
$41.71
+18.2%
-7.7%$11.62B$1.63B26.321,410Upcoming Earnings
Analyst Upgrade
Short Interest ↓
Analyst Revision
News Coverage
ELS
Equity LifeStyle Properties
4.549 of 5 stars
$61.08
-0.5%
$70.15
+14.9%
-10.9%$11.39B$1.49B36.354,000Analyst Report
Short Interest ↓
CPT
Camden Property Trust
4.2132 of 5 stars
$95.04
-1.6%
$104.29
+9.7%
-6.5%$10.35B$1.54B25.691,640Upcoming Earnings
Positive News
EQR
Equity Residential
4.344 of 5 stars
$59.69
-1.6%
$65.32
+9.4%
+5.4%$22.66B$2.87B27.132,400Earnings Report
Analyst Report
Analyst Revision
News Coverage
AVB
AvalonBay Communities
4.0912 of 5 stars
$179.00
-1.0%
$196.78
+9.9%
+7.8%$25.45B$2.77B27.333,039Short Interest ↑
News Coverage
HST
Host Hotels & Resorts
4.393 of 5 stars
$19.08
-2.5%
$21.20
+11.1%
+18.5%$13.42B$5.31B18.35163Upcoming Earnings
Options Volume
AMH
American Homes 4 Rent
4.6804 of 5 stars
$34.68
-1.1%
$39.67
+14.4%
+10.5%$12.70B$1.62B34.681,725Upcoming Earnings
DOC
Healthpeak Properties
4.2606 of 5 stars
$17.82
-2.6%
$17.67
-0.8%
+32.0%$12.64B$2.18B31.81193Analyst Upgrade
News Coverage

Related Companies and Tools

This page (NYSE:ESS) was last updated on 4/28/2024 by MarketBeat.com Staff

From Our Partners