ESS Stock Fair Value Calculation – Asset Management One Co. Ltd. Sells Shares of Essex Property Trust,

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Asset Management One Co. Ltd. has recently sold shares of Essex Property Trust ($NYSE:ESS), Inc. (NYSE: ESS), a real estate investment trust based in California. This sale was part of Asset Management One’s strategy to focus on other investments that better meet its portfolio objectives. Essex Property Trust is a fully integrated, self-administered and self-managed real estate investment trust. It is a leading owner, operator and developer of multifamily residential properties located along the West Coast. The company primarily acquires, develops, redevelops and manages apartment communities in the Pacific Northwest, Northern and Southern California, and Hawaii. The company’s strategy focuses on acquiring and developing well-located multifamily properties in supply-constrained markets, and leveraging its capabilities to increase revenues and improve operating performance through its property management, interior and exterior renovations, and capital improvements.

Additionally, Essex Property Trust seeks to maximize shareholder value through strategic acquisitions, dispositions, and capital markets activities. The company is confident that its continued focus on its portfolio objectives will result in a successful future for both it and the companies it invests in.

Stock Price

This sale is the latest in a series of moves by Asset Management One Co. Ltd. to restructure their investments portfolio. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for ESS. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for ESS. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for ESS. More…

Key Ratios Snapshot

Some of the financial key ratios for ESS are shown below. More…

Analysis – ESS Stock Fair Value Calculation

At GoodWhale, we have conducted an analysis of ESSEX PROPERTY TRUST’s fundamentals. Through our proprietary Valuation Line, we have determined that the intrinsic value of ESSEX PROPERTY TRUST share is around $275.4. Currently, ESSEX PROPERTY TRUST stock is traded at $234.3, which is a fair price point but is still undervalued by 14.9%. This presents an opportunity for investors to capitalize on this rare opportunity and purchase these shares at a discounted rate. More…

Peers

It is one of the largest publicly traded REITs and is a member of the S&P 500. Its competitors include Apartment Income REIT Corp, Equity Residential, and NexPoint Residential Trust Inc, all of which are publicly traded real estate investment trusts that have a wide portfolio of multifamily properties in the United States.

– Apartment Income REIT Corp ($NYSE:AIRC)

Apartment Income REIT Corp (AIRC) is a real estate investment trust that specializes in acquiring, owning, and operating multifamily apartment communities. As of 2022, AIRC has a market capitalization of 5.53 billion dollars, making it one of the largest apartment-focused REITs in the country. AIRC owns a portfolio of over 20,000 apartment units located in 8 states across the United States. The company’s primary focus is to acquire, renovate, and manage multifamily apartment communities while providing shareholders with a reliable and steadily increasing income stream.

– Equity Residential ($NYSE:EQR)

Equity Residential is a publicly-traded real estate investment trust (REIT) that owns and operates apartment communities across the United States. As of 2022, the company has a market cap of 23.71 billion dollars. Equity Residential focuses on acquiring, developing, and operating high-quality apartment properties in major urban markets in the United States. It has a portfolio of over 80,000 apartment units located in over 400 properties across the United States. Equity Residential is one of the largest REITs in the country and has a strong presence in many of the top markets in the United States.

– NexPoint Residential Trust Inc ($NYSE:NXRT)

NexPoint Residential Trust Inc is a publicly traded real estate investment trust (REIT) that invests in multifamily properties. As of 2022, the company has a market cap of 1.19 billion, making it one of the larger REITs in the sector. The trust primarily focuses on acquiring, owning, and operating multifamily properties in growth markets throughout the United States. The company’s portfolio consists of over 11,000 apartment units located in Texas, Florida, and Georgia. The trust also invests in other residential real estate related assets, such as single-family homes, and operates a property management platform. NexPoint Residential Trust is managed by NexPoint Advisors, LLC, an affiliate of Highland Capital Management, L.P.

Summary

Essex Property Trust, Inc. (ESSEX) is a real estate investment trust (REIT) that primarily invests in and develops multi-family residential real estate properties in the western and southwestern United States. Analysts suggest that investors watch for any changes in ESSEX’s market capitalization, dividend policy and liquidity, to evaluate the company’s potential as an investment opportunity.

Additionally, investors should consider ESSEX’s current portfolio of multi-family real estate properties and changes to its total assets and liabilities, as well as its quarterly and annual financials to make an informed investment decision. It is also important to look at ESSEX’s competitive landscape to determine any potential risks or opportunities. Analysts suggest that investors monitor for any changes in ESSEX’s financial strength and capital structure before investing.