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.

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

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

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

In the previous week, Sun Communities had 4 more articles in the media than Essex Property Trust. MarketBeat recorded 12 mentions for Sun Communities and 8 mentions for Essex Property Trust. Essex Property Trust's average media sentiment score of 1.12 beat Sun Communities' score of 1.12 indicating that Essex Property Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Essex Property Trust
5 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Sun Communities
8 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 pays an annual dividend of $9.80 per share and has a dividend yield of 4.0%. Sun Communities pays an annual dividend of $3.76 per share and has a dividend yield of 3.2%. 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 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Essex Property Trust has higher earnings, but lower revenue 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
Essex Property Trust$1.67B9.50$405.83M$6.3139.13
Sun Communities$3.22B4.60-$201M$1.14104.46

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

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

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

Company Net Margins Return on Equity Return on Assets
Essex Property Trust24.31% 7.10% 3.29%
Sun Communities 4.40%1.79%0.82%

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

Summary

Essex Property Trust beats Sun Communities on 12 of the 19 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.
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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.
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ESS vs. The Competition

MetricEssex Property TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$15.85B$6.43B$8.88B$17.54B
Dividend Yield3.97%6.91%9.96%3.54%
P/E Ratio39.1332.3638.3821.72
Price / Sales9.506.65213.7310.95
Price / Cash16.4916.3215.0517.84
Price / Book2.832.192.364.87
Net Income$405.83M$153.57M$986.69M$964.49M
7 Day Performance5.00%1.51%1.08%1.90%
1 Month Performance0.86%-4.67%-2.57%-3.71%
1 Year Performance12.37%-0.97%11.85%93.11%

Essex Property Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SUI
Sun Communities
4.2154 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
4.7668 of 5 stars
$123.75
-2.3%
$143.18
+15.7%
-14.6%$14.45B$2.15B26.272,427Upcoming Earnings
News Coverage
UDR
UDR
4.8854 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
4.5506 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
4.2138 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
4.3455 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
4.0947 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
4.3902 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
4.6714 of 5 stars
$34.68
-1.1%
$39.67
+14.4%
+10.5%$12.70B$1.62B34.681,725Upcoming Earnings
DOC
Healthpeak Properties
4.2643 of 5 stars
$17.82
-2.6%
$17.67
-0.8%
+32.0%$12.64B$2.18B31.81193Dividend Increase
Analyst Upgrade
News Coverage

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

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