ESS vs. MAA, SUI, UDR, ELS, CPT, EQR, AVB, VTR, HST, and DOC
Should you be buying Essex Property Trust stock or one of its competitors? The main competitors of Essex Property Trust include Mid-America Apartment Communities (MAA), Sun Communities (SUI), UDR (UDR), Equity LifeStyle Properties (ELS), Camden Property Trust (CPT), Equity Residential (EQR), AvalonBay Communities (AVB), Ventas (VTR), Host Hotels & Resorts (HST), and Healthpeak Properties (DOC). These companies are all part of the "real estate investment trusts" industry.
Mid-America Apartment Communities (NYSE:MAA) and Essex Property Trust (NYSE:ESS) are both large-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their community ranking, institutional ownership, dividends, earnings, risk, analyst recommendations, valuation, profitability and media sentiment.
In the previous week, Essex Property Trust had 1 more articles in the media than Mid-America Apartment Communities. MarketBeat recorded 26 mentions for Essex Property Trust and 25 mentions for Mid-America Apartment Communities. Mid-America Apartment Communities' average media sentiment score of 1.22 beat Essex Property Trust's score of 0.30 indicating that Essex Property Trust is being referred to more favorably in the news media.
Mid-America Apartment Communities pays an annual dividend of $5.88 per share and has a dividend yield of 4.4%. Essex Property Trust pays an annual dividend of $9.80 per share and has a dividend yield of 3.8%. Mid-America Apartment Communities pays out 123.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. 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. Mid-America Apartment Communities has raised its dividend for 15 consecutive years and Essex Property Trust has raised its dividend for 30 consecutive years.
Essex Property Trust received 213 more outperform votes than Mid-America Apartment Communities when rated by MarketBeat users. However, 60.95% of users gave Mid-America Apartment Communities an outperform vote while only 56.94% of users gave Essex Property Trust an outperform vote.
Essex Property Trust has a net margin of 31.18% compared to Essex Property Trust's net margin of 25.92%. Mid-America Apartment Communities' return on equity of 9.22% beat Essex Property Trust's return on equity.
93.6% of Mid-America Apartment Communities shares are held by institutional investors. Comparatively, 96.5% of Essex Property Trust shares are held by institutional investors. 1.3% of Mid-America Apartment Communities shares are held by insiders. Comparatively, 3.9% of Essex Property Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Mid-America Apartment Communities has higher revenue and earnings than Essex Property Trust. Mid-America Apartment 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.
Mid-America Apartment Communities has a beta of 0.8, indicating that its share price is 20% less volatile than the S&P 500. Comparatively, Essex Property Trust has a beta of 0.79, indicating that its share price is 21% less volatile than the S&P 500.
Mid-America Apartment Communities presently has a consensus target price of $144.18, indicating a potential upside of 7.09%. Essex Property Trust has a consensus target price of $249.76, indicating a potential downside of 2.12%. Given Essex Property Trust's higher possible upside, equities research analysts plainly believe Mid-America Apartment Communities is more favorable than Essex Property Trust.
Summary
Essex Property Trust beats Mid-America Apartment Communities on 14 of the 21 factors compared between the two stocks.
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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 ChartThis 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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