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How to buy Essex Property Trust (ESS) stocks in Canada

Learn how to easily invest in Essex Property Trust stocks.

Essex Property Trust

NYSE: ESS-USD

About 30 hours ago

$246.92

-$0.29 (-0.12%)

Essex Property Trust is a reit - residential business based in the US. Essex Property Trust shares (ESS.US) are listed on the NYSE and all prices are listed in US dollars. Its last market close was $246.92 – a decrease of 0.12% over the previous day. Essex Property Trust employs 1,747 staff and has a trailing 12-month revenue of around $1.7 billion.

How to buy shares in Essex Property Trust

Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
Open your account. Provide your personal information and sign up.
Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
Search the platform for stock code: ESS in this case.
Research stocks. The platform should provide the latest information available.
Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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This isn't an exhaustive list of all the trading platforms out there. What's best for you depends on your own investing strategy, budget and financial goals.

Is it a good time to buy Essex Property Trust stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of ESS stocks over time.

Share price volatility

Over the last 12 months, Essex Property Trust's shares have ranged in value from as little as $196.4123 up to $252.69. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Essex Property Trust's is 0.818. This would suggest that Essex Property Trust's shares are less volatile than average (for this exchange).

Historical closes compared with the last close of $246.92

1 week (2024-04-18)	5.00%
1 month (2024-03-27)	0.86%
3 months (2024-01-25)	4.45%
6 months (2023-10-26)	19.53%
1 year (2023-04-24)	18.79%
3 years (2021-04-27)	-13.96%
5 years (2019-04-25)	-12.26%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Essex Property Trust under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Essex Property Trust P/E ratio, PEG ratio and EBITDA

Essex Property Trust's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Essex Property Trust stocks trade at around 39x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Essex Property Trust's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 7.7579. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Essex Property Trust's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Essex Property Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.1 billion ($1.5 billion CAD).

The EBITDA is a measure of a Essex Property Trust's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

- Dividend yield
- Forward yield
Dividend yield: 3.97% of stock value
Forward annual dividend yield: 3.97% of stock value

Essex Property Trust has recently paid out dividends equivalent to 3.97% of its share value annually.

Essex Property Trust has paid out, on average, around 148.65% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.97% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 3.97% return on their shares, in the form of dividend payments. In Essex Property Trust's case, that would currently equate to about 9.24 per share.

Essex Property Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Essex Property Trust's most recent dividend payout was on 11 April 2024. The latest dividend was paid out to all shareholders who bought their shares by 26 March 2024 (the "ex-dividend date").
It's as easy to sell Essex Property Trust as it is to buy! Here's how to sell Essex Property Trust stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Essex Property Trust shares. Your investment platform will let you know when your shares are sold

Essex Property Trust financials

Revenue TTM	$1.7 billion
Operating margin TTM	26.93%
Gross profit TTM	$1.1 billion
Return on assets TTM	2.71%
Return on equity TTM	7.46%
Profit margin	24.16%
Book value	$84.46
Market capitalisation	$16.4 billion

TTM: trailing 12 months

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.