Essex Property Trust Stock Buy Hold or Sell Recommendation
| ESS Stock | USD 309.60 4.07 1.33% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Essex Property Trust is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Essex Property Trust given historical horizon and risk tolerance towards Essex Property. When Macroaxis issues a 'buy' or 'sell' recommendation for Essex Property Trust, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Essex Property Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Essex and provide practical buy, sell, or hold advice based on investors' constraints. Essex Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Essex |
Execute Essex Property Buy or Sell Advice
The Essex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Essex Property Trust. Macroaxis does not own or have any residual interests in Essex Property Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Essex Property's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Essex Property Trading Alerts and Improvement Suggestions
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 11th of October 2024 Essex Property paid $ 2.45 per share dividend to its current shareholders | |
| Latest headline from bbc.co.uk: Allison Pearson felt bullied in Essex Police probe |
Essex Property Returns Distribution Density
The distribution of Essex Property's historical returns is an attempt to chart the uncertainty of Essex Property's future price movements. The chart of the probability distribution of Essex Property daily returns describes the distribution of returns around its average expected value. We use Essex Property Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Essex Property returns is essential to provide solid investment advice for Essex Property.
| Mean Return | 0.1 | Value At Risk | -2.02 | Potential Upside | 2.24 | Standard Deviation | 1.34 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Essex Property historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Essex Stock Institutional Investors
The Essex Property's institutional investors refer to entities that pool money to purchase Essex Property's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Deutsche Bank Ag | 2024-06-30 | 1 M | Daiwa Securities Group Inc | 2024-06-30 | 1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 938.3 K | Jpmorgan Chase & Co | 2024-06-30 | 933.4 K | Fmr Inc | 2024-09-30 | 864.3 K | Ameriprise Financial Inc | 2024-06-30 | 780.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 754.2 K | Northern Trust Corp | 2024-09-30 | 722.9 K | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 719.6 K | Vanguard Group Inc | 2024-09-30 | 10.3 M | Blackrock Inc | 2024-06-30 | 6.5 M |
Essex Property Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (70.3M) | 2.9M | (25.4M) | (16.0M) | 357.7M | 375.5M | |
| Free Cash Flow | 817.4M | 713.0M | 784.1M | 812.5M | 839.7M | 881.7M | |
| Depreciation | 483.8M | 525.5M | 520.1M | 539.3M | 548.4M | 575.9M | |
| Other Non Cash Items | (323K) | (16.4M) | (1.6M) | 8.8M | 27.5M | 28.8M | |
| Dividends Paid | 528.5M | 536.1M | 542.9M | 565.9M | 587.0M | 616.3M | |
| Capital Expenditures | 101.7M | 90.1M | 121.2M | 163.2M | 140.4M | 129.4M | |
| Net Income | 464.4M | 599.3M | 515.7M | 433.0M | 405.8M | 426.1M | |
| End Period Cash Flow | 81.1M | 84.0M | 58.6M | 42.7M | 400.3M | 420.4M | |
| Investments | (238.1M) | (162.0M) | (326.2M) | 238.2M | 112.9M | 118.6M | |
| Net Borrowings | 61.4M | 448.2M | 745.5M | (356.4M) | (320.7M) | (304.7M) | |
| Change To Netincome | (32.1M) | (279.8M) | (119.4M) | 50.3M | 45.3M | 47.5M | |
| Change Receivables | (6.0M) | (3.7M) | (15.9M) | (14.0M) | (12.6M) | (13.2M) |
Essex Property Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Essex Property or Residential REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Essex Property's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Essex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | -0.02 |
Essex Property Volatility Alert
Essex Property Trust has relatively low volatility with skewness of -0.08 and kurtosis of 0.61. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Essex Property's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Essex Property's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Essex Property Fundamentals Vs Peers
Comparing Essex Property's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Essex Property's direct or indirect competition across all of the common fundamentals between Essex Property and the related equities. This way, we can detect undervalued stocks with similar characteristics as Essex Property or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Essex Property's fundamental indicators could also be used in its relative valuation, which is a method of valuing Essex Property by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Essex Property to competition |
| Fundamentals | Essex Property | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.0268 | -0.14 |
| Profit Margin | 0.31 % | (1.27) % |
| Operating Margin | 0.30 % | (5.51) % |
| Current Valuation | 25.91 B | 16.62 B |
| Shares Outstanding | 64.27 M | 571.82 M |
| Shares Owned By Insiders | 1.13 % | 10.09 % |
| Shares Owned By Institutions | 98.30 % | 39.21 % |
| Number Of Shares Shorted | 1.03 M | 4.71 M |
| Price To Earning | 33.11 X | 28.72 X |
| Price To Book | 3.61 X | 9.51 X |
| Price To Sales | 11.61 X | 11.42 X |
| Revenue | 1.67 B | 9.43 B |
| Gross Profit | 1.12 B | 27.38 B |
| EBITDA | 1.13 B | 3.9 B |
| Net Income | 405.82 M | 570.98 M |
| Cash And Equivalents | 42.68 M | 2.7 B |
| Cash Per Share | 0.83 X | 5.01 X |
| Total Debt | 6.27 B | 5.32 B |
| Debt To Equity | 1.05 % | 48.70 % |
| Current Ratio | 4.10 X | 2.16 X |
| Book Value Per Share | 84.55 X | 1.93 K |
| Cash Flow From Operations | 980.06 M | 971.22 M |
| Short Ratio | 2.98 X | 4.00 X |
| Earnings Per Share | 8.55 X | 3.12 X |
| Price To Earnings To Growth | 7.30 X | 4.89 X |
| Target Price | 304.3 | |
| Number Of Employees | 1.75 K | 18.84 K |
| Beta | 0.9 | -0.15 |
| Market Capitalization | 20.35 B | 19.03 B |
| Total Asset | 12.36 B | 29.47 B |
| Retained Earnings | (1.27 B) | 9.33 B |
| Working Capital | 310 M | 1.48 B |
Note: Acquisition by Maria Hawthorne of 6130 shares of Essex Property subject to Rule 16b-3 [view details]
Essex Property Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Essex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Essex Property Buy or Sell Advice
When is the right time to buy or sell Essex Property Trust? Buying financial instruments such as Essex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Essex Property in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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Additional Tools for Essex Stock Analysis
When running Essex Property's price analysis, check to measure Essex Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.