Conagra Brands Inc vs Essex Property Trust, Inc. — how do they compare? Conagra Brands Inc trades at $14.93 (market cap $7.14B), while Essex Property Trust, Inc. trades at $282.11 (market cap $18.15B). The key difference: Essex Property Trust, Inc. is far larger — about 2.5× Conagra Brands Inc's market cap, and Conagra Brands Inc pays the higher dividend (8.2%). Which is the better fit depends on your goals.
| CAG | ESS | |
|---|---|---|
Market Cap | $7.14B | $18.15B |
Sector | Consumer Staples | Real Estate |
52-Week High | $20.02 | $298.33 |
52-Week Low | $12.58 | $239.61 |
Enterprise Value | $14.20B | $24.75B |
Dividend Yield | 8.2% | 3.93% |
Trailing returns across standard periods
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
Read more on CAG →Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
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