Angela Kleiman - Essex Property President

ESS Stock  USD 249.80  4.33  1.76%   

President

Ms. Angela L. Kleiman is Chief Financial Officer, Executive Vice President of Essex Property Trust, Inc. Prior to joining Essex in 2009, Ms. Kleiman was a Senior Equity Analyst and Vice President of Investor Relations at Security Capital, she was responsible for over 2 billion of the firms REIT investments and all client communications. As a Vice President with J.P. Morgan Real Estate Lodging Investment Banking Group, Ms. Kleiman advised senior management and boards in strategic business platforms and capital markets transactions since 2021.
Age 53
Tenure 3 years
Professional MarksMBA
Address 1100 Park Place, San Mateo, CA, United States, 94403-7107
Phone650 655 7800
Webhttps://www.essexapartmenthomes.com
Kleiman began her career in real estate development management in 1991. Received BS degree from Northwestern University • Received MBA from Kellogg School of Management of Northwestern University

Essex Property Management Efficiency

The company has Return on Asset of 0.0268 % which means that on every $100 spent on assets, it made $0.0268 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0957 %, implying that it generated $0.0957 on every 100 dollars invested. Essex Property's management efficiency ratios could be used to measure how well Essex Property manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Essex Property's Return On Capital Employed is comparatively stable compared to the past year. Return On Equity is likely to gain to 0.08 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, Essex Property's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 12.3 B in 2024, whereas Net Tangible Assets are likely to drop slightly above 5.5 B in 2024.
The company has 6.27 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. Essex Property Trust has a current ratio of 4.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Essex Property until it has trouble settling it off, either with new capital or with free cash flow. So, Essex Property's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Essex Property Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Essex to invest in growth at high rates of return. When we think about Essex Property's use of debt, we should always consider it together with cash and equity.

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Essex Property Trust, Inc., an SP 500 company, is a fully integrated real estate investment trust that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development. Essex Property operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 17 people. Essex Property Trust (ESS) is traded on New York Stock Exchange in USA. It is located in 1100 Park Place, San Mateo, CA, United States, 94403-7107 and employs 1,747 people. Essex Property is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Essex Property Trust Leadership Team

Elected by the shareholders, the Essex Property's board of directors comprises two types of representatives: Essex Property inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Essex. The board's role is to monitor Essex Property's management team and ensure that shareholders' interests are well served. Essex Property's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Essex Property's outside directors are responsible for providing unbiased perspectives on the board's policies.
Keith Guericke, Vice Chairman of the Board
Maria Hawthorne, Independent Director
Dmitry Taraschansky, Senior Transactions
Jessica Anderson, Senior Operations
Angela Kleiman, Chief Operating Officer, Senior Executive Vice President
Michael Schall, President, Chief Executive Officer, Director
John Farias, Senior Officer
Erik Alexander, Senior Vice President - Property Operations
Anne Morrison, Chief VP
Paul Morgan, Senior Analytics
Byron Scordelis, Independent Director
Barbara Pak, Chief Financial Officer, Executive Vice President
Rylan Burns, IR Contact Officer
Barbara CFA, Executive CFO
Deborah Jones, Senior Vice President - Human Resources
David Brady, Independent Director
Adam Berry, Executive Vice President, Chief Investment Officer
Janice Sears, Independent Director
John Burkart, Chief Operating Officer, Senior Executive Vice President
Issie Rabinovitch, Independent Director
George Marcus, Founder, Chairman and Presidentiding Independent Director and Chairman of Executive Committee
Amal Johnson, Independent Director
Michael CPA, CEO Pres
Claude Zinngrabe, Independent Director
Irving Lyons, Lead Independent Director
Thomas Robinson, Independent Director
Barb Pak, Chief Financial Officer, Executive Vice President
Angela Kralovec, Senior Management
Thomas Sullivan, Director
Jordan Ritter, Senior Vice President General Counsel
John Eudy, Co-Chief Investment Officer and Executive Vice President, Development
Sudarshana Rangachary, Senior Resources
Craig Zimmerman, Co-Chief Investment Officer and Executive Vice President, Acquisitions
Jeff Lambert, VP Devel
Mary Kasaris, Independent Director
Gary Martin, Independent Director

Essex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Essex Property a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Essex Property

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Essex Property position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Essex Property will appreciate offsetting losses from the drop in the long position's value.

Moving together with Essex Stock

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Moving against Essex Stock

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  0.57ELS Equity Lifestyle Pro Financial Report 15th of July 2024 PairCorr
  0.56DOUG Douglas Elliman Earnings Call This WeekPairCorr
  0.49FR First Industrial RealtyPairCorr
  0.43ROIC Retail OpportunityPairCorr
The ability to find closely correlated positions to Essex Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essex Property when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Essex Property - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Essex Property Trust to buy it.
The correlation of Essex Property is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Essex Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essex Property Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Essex Property can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Essex Property Trust is a strong investment it is important to analyze Essex Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Essex Property's future performance. For an informed investment choice regarding Essex Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Essex Stock analysis

When running Essex Property's price analysis, check to measure Essex Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.
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Is Essex Property's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essex Property. If investors know Essex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essex Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.785
Dividend Share
6.93
Earnings Share
8.2
Revenue Per Share
26.398
Quarterly Revenue Growth
0.009
The market value of Essex Property Trust is measured differently than its book value, which is the value of Essex that is recorded on the company's balance sheet. Investors also form their own opinion of Essex Property's value that differs from its market value or its book value, called intrinsic value, which is Essex Property's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essex Property's market value can be influenced by many factors that don't directly affect Essex Property's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essex Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essex Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essex Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.