Free Trial

Essex Property Trust (ESS) Competitors

$278.22
-1.86 (-0.66%)
(As of 06/21/2024 ET)

ESS vs. AVB, EQR, MAA, SUI, UDR, ELS, CPT, AIV, UMH, and WELL

Should you be buying Essex Property Trust stock or one of its competitors? The main competitors of Essex Property Trust include AvalonBay Communities (AVB), Equity Residential (EQR), Mid-America Apartment Communities (MAA), Sun Communities (SUI), UDR (UDR), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), Apartment Investment and Management (AIV), UMH Properties (UMH), and Welltower (WELL). These companies are all part of the "real estate investment trusts" industry.

Essex Property Trust vs.

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

AvalonBay Communities pays an annual dividend of $6.80 per share and has a dividend yield of 3.3%. Essex Property Trust pays an annual dividend of $9.80 per share and has a dividend yield of 3.5%. AvalonBay Communities pays out 101.2% 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 119.8% 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 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.

In the previous week, Essex Property Trust had 4 more articles in the media than AvalonBay Communities. MarketBeat recorded 9 mentions for Essex Property Trust and 5 mentions for AvalonBay Communities. AvalonBay Communities' average media sentiment score of 1.24 beat Essex Property Trust's score of 0.53 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
AvalonBay Communities
1 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
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

AvalonBay Communities has a beta of 0.93, suggesting that its stock price is 7% less volatile than the S&P 500. Comparatively, Essex Property Trust has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.

92.6% of AvalonBay Communities shares are owned by institutional investors. Comparatively, 96.5% of Essex Property Trust shares are owned by institutional investors. 0.4% of AvalonBay Communities shares are owned by insiders. Comparatively, 3.8% of Essex Property Trust shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

AvalonBay Communities currently has a consensus price target of $205.89, indicating a potential upside of 0.96%. Essex Property Trust has a consensus price target of $257.28, indicating a potential downside of 7.46%. Given Essex Property Trust's stronger consensus rating and higher possible upside, equities analysts clearly believe AvalonBay Communities is more favorable than Essex Property Trust.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AvalonBay Communities
0 Sell rating(s)
10 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.41
Essex Property Trust
2 Sell rating(s)
10 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.26

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AvalonBay Communities$2.77B10.48$928.83M$6.7230.35
Essex Property Trust$1.67B10.69$405.83M$8.1833.99

AvalonBay Communities has a net margin of 34.05% compared to AvalonBay Communities' net margin of 31.18%. AvalonBay Communities' return on equity of 9.22% beat Essex Property Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
AvalonBay Communities34.05% 8.12% 4.61%
Essex Property Trust 31.18%9.22%4.20%

Essex Property Trust received 51 more outperform votes than AvalonBay Communities when rated by MarketBeat users. However, 61.16% of users gave AvalonBay Communities an outperform vote while only 56.86% of users gave Essex Property Trust an outperform vote.

CompanyUnderperformOutperform
AvalonBay CommunitiesOutperform Votes
666
61.16%
Underperform Votes
423
38.84%
Essex Property TrustOutperform Votes
717
56.86%
Underperform Votes
544
43.14%

Summary

Essex Property Trust beats AvalonBay Communities on 11 of the 20 factors compared between the two stocks.

Get Essex Property Trust News Delivered to You Automatically

Sign up to receive the latest news and ratings for ESS and its competitors with MarketBeat's FREE daily newsletter.

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$17.98B$6.68B$9.44B$17.78B
Dividend Yield3.50%6.97%10.49%3.63%
P/E Ratio33.9927.3349.0320.16
Price / Sales10.696.27243.8014.40
Price / Cash18.7016.8828.1819.18
Price / Book3.192.302.404.82
Net Income$405.83M$151.15M$1.01B$976.34M
7 Day Performance-0.17%-0.69%0.10%0.91%
1 Month Performance5.71%-1.51%-2.09%-3.21%
1 Year Performance23.57%-1.00%8.66%8.56%

Essex Property Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AVB
AvalonBay Communities
3.458 of 5 stars
$203.94
+1.0%
$205.89
+1.0%
+7.7%$29.00B$2.77B30.353,039
EQR
Equity Residential
4.1848 of 5 stars
$68.31
+0.7%
$68.09
-0.3%
+4.3%$25.93B$2.87B28.342,400Dividend Announcement
Positive News
MAA
Mid-America Apartment Communities
4.6 of 5 stars
$140.96
+0.5%
$141.97
+0.7%
-7.1%$16.47B$2.15B29.552,427Positive News
SUI
Sun Communities
4.0279 of 5 stars
$117.51
+1.7%
$136.27
+16.0%
-11.0%$14.65B$3.22B101.306,780Positive News
UDR
UDR
4.3239 of 5 stars
$40.72
+0.3%
$40.59
-0.3%
-4.1%$13.41B$1.63B29.511,410Positive News
ELS
Equity LifeStyle Properties
3.7714 of 5 stars
$64.34
+1.8%
$68.85
+7.0%
-5.2%$12.00B$1.42B35.164,000Positive News
CPT
Camden Property Trust
3.7569 of 5 stars
$109.70
+0.3%
$106.86
-2.6%
-1.1%$11.69B$1.54B26.891,640Dividend Announcement
Positive News
AIV
Apartment Investment and Management
0 of 5 stars
$7.97
flat
N/A-1.4%$1.15B$186.99M-6.7561High Trading Volume
UMH
UMH Properties
4.3304 of 5 stars
$15.51
+0.8%
$19.00
+22.5%
-3.4%$1.09B$220.93M-103.36480Positive News
WELL
Welltower
3.5797 of 5 stars
$102.32
-0.7%
$98.07
-4.2%
+29.5%$61.18B$6.64B126.32533Analyst Upgrade
High Trading Volume

Related Companies and Tools

This page (NYSE:ESS) was last updated on 6/22/2024 by MarketBeat.com Staff

From Our Partners