Both in REITs
Essex Property Trust vs SBA Communications
Over the past year ESS returned +2.6% and SBAC returned −16.7%; their daily moves had a correlation of 0.29.
ESS +2.6% SBAC −16.7%Growth of $1, one year, split-adjusted
| Metric | ESS | SBAC |
|---|---|---|
| Price | $273.01 | $163.43 |
| Market cap | $17.55B | $17.34B |
| Today | +0.52% | −1.64% |
| 1 month | −2.8% | −12.6% |
| 6 months | +13.9% | −2.2% |
| Year to date | +4.3% | −15.5% |
| 1 year | +3.5% | −16.4% |
| Revenue growth (YoY) | +4.1% | +2.3% |
| Gross margin | 100.0% | 75.4% |
| Net margin | 12.8% | 27.8% |
| P/E (TTM) | 42.4× | 17.5× |
| Price / sales | 9.1× | 6.0× |
| Net cash | -$6.64B | -$12.47B |
| Dividend yield | 3.79% | 3.06% |
| Volatility (60d) | 18.9% | 30.3% |
| Short % of float | 3.5% | 3.6% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).