Essex Property Trust, Inc. vs Hormel Foods Corp — how do they compare? Essex Property Trust, Inc. trades at $282.11 (market cap $18.15B), while Hormel Foods Corp trades at $24.22 (market cap $13.37B). The key difference: Essex Property Trust, Inc. is the larger of the two by market cap, and Hormel Foods Corp pays the higher dividend (4.81%). Which is the better fit depends on your goals.
| ESS | HRL | |
|---|---|---|
Market Cap | $18.15B | $13.37B |
Sector | Real Estate | Consumer Staples |
52-Week High | $298.33 | $29.25 |
52-Week Low | $239.61 | $19.74 |
Enterprise Value | $24.75B | $15.37B |
Dividend Yield | 3.93% | 4.81% |
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 →Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →