Essex Property Trust, Inc. vs Freeport-McMoRan Inc — how do they compare? Essex Property Trust, Inc. trades at $287.29 (market cap $18.08B), while Freeport-McMoRan Inc trades at $66.7 (market cap $96.91B). The key difference: Freeport-McMoRan Inc is far larger — about 5.4× Essex Property Trust, Inc.'s market cap, and Essex Property Trust, Inc. pays the higher dividend (3.68%). Which is the better fit depends on your goals.
| ESS | FCX | |
|---|---|---|
Market Cap | $18.08B | $96.91B |
Sector | Real Estate | Basic Materials |
52-Week High | $298.33 | $71.73 |
52-Week Low | $239.61 | $35.34 |
Enterprise Value | $24.67B | $103.19B |
Dividend Yield | 3.68% | 0.87% |
Signals from Pluang's Aura AI — not financial advice
ESS trades at $281.27, down 0.42% on the day, with a bearish technical signal from moving averages and oscillators. The company reported Q2 2026 EPS of $0.97, missing estimates of $1.46, but raised full-year guidance after strong FFO performance. Revenue grew to $1.89B in 2025, with a net income margin of 21.48%, though profitability has moderated from 2024 peaks. Recent news highlights inclusion in TIME's GreenTech list and a major energy storage deal with Juniper Energy.
The outlook is mixed: analyst consensus is a Moderate Buy with a $308 price target, suggesting 9.5% upside, but high debt and regional market risks persist. Near-term catalysts include the Q3 2026 earnings report, while technical resistance at $282 may cap gains. Investors should weigh strong operational cash flow against valuation multiples above sector averages.
FCX trades at $66.83, down 2.98% on the day, but maintains a bullish technical trend with strong analyst support. The company has beaten earnings estimates for three consecutive quarters, with Q3 2026 expected at $0.72 EPS. Revenue remains stable around $25.9B, while net income margin improved to 11.38% in 2026. Recent news highlights operational challenges like lower copper volumes but also growth initiatives at Grasberg and Bagdad.
The outlook is positive with a consensus price target of $73.85, implying ~10% upside. Key opportunities include exposure to high copper prices and expansion projects, while risks involve production volatility, cost pressures, and reliance on commodity cycles. The stock's valuation appears elevated with a P/E of 33.93, requiring sustained earnings growth to justify further gains.
Trailing returns across standard periods
Latest headlines on both assets
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 →Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →