Essex Property Trust, Inc. vs Extra Space Storage, Inc. — how do they compare? Essex Property Trust, Inc. trades at $293.32 (market cap $18.82B), while Extra Space Storage, Inc. trades at $144.14 (market cap $30.56B). The key difference: Extra Space Storage, Inc. is the larger of the two by market cap, and Extra Space Storage, Inc. pays the higher dividend (4.48%). Which is the better fit depends on your goals.
| ESS | EXR | |
|---|---|---|
Market Cap | $18.82B | $30.56B |
Sector | Real Estate | Real Estate |
52-Week High | $298.33 | $152.75 |
52-Week Low | $239.61 | $126.67 |
Enterprise Value | $25.54B | $44.36B |
Dividend Yield | 3.54% | 4.48% |
Trailing returns across standard periods
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.
Read more on ESS →Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,100 self-storage properties in 41 states, with over 160 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
Read more on EXR →