Essex Property Trust ESS
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Essex Property Trust (ESS) Business Model and Operations Summary
Essex Property Trust owns a portfolio of 256 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Key Insights
Essex Property Trust (ESS) Core Market Data and Business Metrics
Latest Closing Price
$271.03Market Cap
$17.43 BillionPrice-Earnings Ratio
23.49Total Outstanding Shares
64.33 Million SharesTotal Employees
1,715Dividend
$2.57 Per Share QuarterlyIPO Date
June 6, 1994SIC Description
Real Estate Investment TrustsPrimary Exchange
New York Stock ExchangeHeadquarters
1100 Park Place, San Mateo, CA, 94403
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities, Continuing | $-419.74 Million |
| Net Cash Flow From Investing Activities | $-973.05 Million |
| Net Cash Flow From Financing Activities | $-419.74 Million |
| Net Cash Flow From Operating Activities, Continuing | $1.07 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-973.05 Million |
| Net Cash Flow | $-324.49 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $69.78 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Operating Income/Loss | $703.10 Million |
| Diluted Average Shares | $64.25 Million |
| Net Income/Loss Attributable To Parent | $741.52 Million |
| Benefits Costs and Expenses | $963.14 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $732.62 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $69.47 Million |
| Other Comprehensive Income/Loss | $-9.22 Million |
| Comprehensive Income/Loss | $802.09 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Liabilities | $0 |
| Liabilities | $7.18 Billion |
| Temporary Equity | $30.85 Million |
| Equity Attributable To Noncontrolling Interest | $183.34 Million |
| Redeemable Noncontrolling Interest | $30.85 Million |
| Equity | $5.72 Billion |
Historical Dividends
Current dividend: $2.57 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 20, 2025 | Apr 15, 2025 | Mar 31, 2025 | $2.57 | Quarterly |
| Dec 6, 2024 | Jan 15, 2025 | Jan 2, 2025 | $2.45 | Quarterly |
| Sep 5, 2024 | Oct 11, 2024 | Sep 30, 2024 | $2.45 | Quarterly |
| May 15, 2024 | Jul 12, 2024 | Jun 28, 2024 | $2.45 | Quarterly |
| Feb 22, 2024 | Apr 12, 2024 | Mar 29, 2024 | $2.45 | Quarterly |
| Dec 8, 2023 | Jan 12, 2024 | Jan 2, 2024 | $2.31 | Quarterly |