Comparing Essex Property Trust (ESS) and Tortoise Capital Resources (CORR)

Essex Property Trust (NYSE: ESS) and Tortoise Capital Resources (NYSE:CORR) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, risk, dividends, institutional ownership, earnings, profitability and valuation.

Volatility and Risk

Essex Property Trust has a beta of 0.38, meaning that its share price is 62% less volatile than the S&P 500. Comparatively, Tortoise Capital Resources has a beta of 1.88, meaning that its share price is 88% more volatile than the S&P 500.

Insider & Institutional Ownership

97.3% of Essex Property Trust shares are owned by institutional investors. Comparatively, 62.0% of Tortoise Capital Resources shares are owned by institutional investors. 3.3% of Essex Property Trust shares are owned by insiders. Comparatively, 1.2% of Tortoise Capital Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Essex Property Trust and Tortoise Capital Resources’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Essex Property Trust 25.08% 5.10% 2.61%
Tortoise Capital Resources 37.00% 9.34% 5.06%

Earnings and Valuation

This table compares Essex Property Trust and Tortoise Capital Resources’ top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Essex Property Trust $1.36 billion 11.37 $433.05 million $11.91 19.71
Tortoise Capital Resources $88.75 million 4.99 $32.60 million $3.81 9.76

Essex Property Trust has higher revenue and earnings than Tortoise Capital Resources. Tortoise Capital Resources is trading at a lower price-to-earnings ratio than Essex Property Trust, indicating that it is currently the more affordable of the two stocks.

Dividends

Essex Property Trust pays an annual dividend of $7.44 per share and has a dividend yield of 3.2%. Tortoise Capital Resources pays an annual dividend of $3.00 per share and has a dividend yield of 8.1%. Essex Property Trust pays out 62.5% of its earnings in the form of a dividend. Tortoise Capital Resources pays out 78.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Essex Property Trust has increased its dividend for 24 consecutive years.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Essex Property Trust and Tortoise Capital Resources, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Essex Property Trust 1 8 12 0 2.52
Tortoise Capital Resources 1 1 0 0 1.50

Essex Property Trust presently has a consensus target price of $262.21, suggesting a potential upside of 11.69%. Tortoise Capital Resources has a consensus target price of $37.00, suggesting a potential downside of 0.51%. Given Essex Property Trust’s stronger consensus rating and higher probable upside, equities analysts clearly believe Essex Property Trust is more favorable than Tortoise Capital Resources.

Summary

Essex Property Trust beats Tortoise Capital Resources on 12 of the 17 factors compared between the two stocks.

About Essex Property Trust

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. The Company currently has ownership interests in 247 apartment communities comprising more than 60,000 apartment homes with an additional 7 properties in various stages of active development. Additional information about the Company can be found on the Company's website at www.essex.com.

About Tortoise Capital Resources

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) is a real estate investment trust (REIT) that owns essential energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases. For more information, please visit corenergy.reit.

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