Essex Property Trust, Inc. (ESS)

NYSE: ESS · Real-Time Price · USD
268.86
+3.15 (1.19%)
At close: Sep 9, 2025, 4:00 PM
268.86
0.00 (0.00%)
After-hours: Sep 9, 2025, 4:10 PM EDT
1.19%
Market Cap17.84B
Revenue (ttm)1.89B
Net Income (ttm)800.35M
Shares Out 66.66M
EPS (ttm)12.44
PE Ratio21.50
Forward PE44.49
Dividend$10.28 (3.84%)
Ex-Dividend DateSep 30, 2025
Volume256,400
Open265.19
Previous Close265.71
Day's Range265.06 - 269.14
52-Week Range243.85 - 317.73
Beta0.85
AnalystsHold
Price Target300.47 (+12.25%)
Earnings DateOct 28, 2025

About ESS

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. Essex currently has ownership interests in 258 apartment communities comprising over 62,000 apartment homes with an additional property in active development. [Read more]

IPO Date Jun 6, 1994
Employees 1,715
Stock Exchange NYSE
Ticker Symbol ESS
Full Company Profile

Financial Performance

In 2024, Essex Property Trust's revenue was $1.82 billion, an increase of 8.49% compared to the previous year's $1.68 billion. Earnings were $741.52 million, an increase of 82.72%.

Financial Statements

Analyst Summary

According to 19 analysts, the average rating for ESS stock is "Hold." The 12-month stock price target is $300.47, which is an increase of 12.25% from the latest price.

Price Target
$300.47
(12.25% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Essex Property Trust: California Exposure A Tailwind In A Weak Rental Market

Essex Property Trust has underperformed due to weak rent trends, but its West Coast focus offers relative resilience versus Sun Belt peers. Recent earnings showed solid FFO and NOI growth, with Northe...

5 days ago - Seeking Alpha

Essex Property Trust Declares Quarterly Distributions

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share, payable ...

5 days ago - Business Wire

Best Dividend Aristocrats For September 2025

Dividend Aristocrats have shown mixed 2025 performance, with some delivering double-digit gains and others lagging, but overall stability remains a hallmark. Dividend growth is robust, with 53 of 69 A...

13 days ago - Seeking Alpha

Powell Pivot Sparks REIT Rebound

U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....

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16 days ago - Seeking Alpha

5 Ideal 'Safer' Dividend Buys From Bloomberg's August Watch List

I focus on 14 'safer' dividend stocks from Bloomberg's 50 Companies to Watch, where free cash flow yield exceeds dividend yield, signaling strong sustainability. Five 'IDEAL' stocks—China Hongqiao, IT...

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17 days ago - Seeking Alpha

Disinflation Dividend: REIT Earnings Scorecard

A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was...

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4 weeks ago - Seeking Alpha

Behind The (Revised) Curve

U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. T...

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5 weeks ago - Seeking Alpha

Essex Property Trust, Inc. (ESS) Q2 2025 Earnings Call Transcript

Essex Property Trust, Inc. Q2 2025 Earnings Conference Call July 30, 2025 12:00 PM ET Company Participants Angela L. Kleiman - President, CEO & Director Barbara M.

5 weeks ago - Seeking Alpha

Essex Announces Second Quarter 2025 Results and Raises Full-Year 2025 Guidance

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its second quarter 2025 earnings results and related business activities. Net Income, Funds f...

6 weeks ago - Business Wire

5 Ideal "Safer" Dividend Buys From Bloomberg's July Watch List

Bloomberg's 50 Companies to Watch leverages catalysts like new leadership, AI, and policy shifts to identify high-potential stocks for 2025. Yield-based 'dogcatcher' analysis spotlights 15 dividend pa...

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7 weeks ago - Seeking Alpha

Essex Announces Release and Conference Call Dates for Its Second Quarter 2025 Earnings

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its second quarter 2025 earnings after the market closes on Tuesday, July 29, 2025. A...

2 months ago - Business Wire

Can Landlords Survive Mamdani's Rent Freeze?

Broader adoption of rent control could significantly affect REITs by capping rent growth, disincentivizing maintenance capex, and reducing new development. The true impact of rent control on REIT perf...

Other symbols: AVBCPT
2 months ago - Seeking Alpha

Essex Property Trust Publishes 2024 Sustainability and Impact Report

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) published today its 2024 Sustainability and Impact Report. This report recognizes the Company's progress towards its sustainab...

2 months ago - Business Wire

Essex Property Trust: Well Positioned Amidst Rental Market Uncertainty

Essex's focus on California and Seattle markets provides insulation from national rental weakness, thanks to limited new supply and strong rental affordability. Q1 results outperformed national trends...

2 months ago - Seeking Alpha

5 Ideal 'Safer' Dividend Buys From Bloomberg's June Watch List

I highlight 15 dividend-paying stocks from Bloomberg's 50 Companies to Watch that meet my 'safer' criteria: free cash flow yields exceed dividend yields. The top ten dividend focus stocks offer an est...

3 months ago - Seeking Alpha

Essex Property Trust Named a Best Company to Work For by U.S. News & World Report

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it was named a 2025-2026 Best Company to Work For by U.S. News & World Report. Additionally, the Company ...

3 months ago - Business Wire

5 Ideal 'Safer' Dividend Buys From Bloomberg's May Watchlist

I analyze 50 Bloomberg 'Companies to Watch' for 2025, focusing on the 35 that pay dividends and applying the yield-based dogcatcher strategy. 15 of these dividend payers are 'safer' stocks, with free ...

4 months ago - Seeking Alpha

Essex Property Trust, Inc. (ESS) Q1 2025 Earnings Call Transcript

Essex Property Trust, Inc. (NYSE:ESS) Q1 2025 - Earnings Conference Call April 30, 2025 ET Company Participants Angela Kleiman - President and Chief Executive Officer Barb Pak - Chief Financial Offic...

4 months ago - Seeking Alpha

3 Once-In-A-Decade REIT Opportunities

REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunitie...

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4 months ago - Seeking Alpha

Best Dividend Aristocrats For May 2025

Despite a strong start, the Dividend Aristocrats are underperforming the S&P 500 in April, with NOBL down 4.88% and SPY down 1.53%. The best-performing Dividend Aristocrats YTD include Consolidated Ed...

4 months ago - Seeking Alpha

Essex Announces First Quarter 2025 Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its first quarter 2025 earnings results and related business activities. Net Income, Funds fr...

4 months ago - Business Wire

Essex Property: Undervalued High Quality In Plain Sight

Essex Property Trust is a reliable long-term stock with strong fundamentals in high-barrier West Coast markets, benefiting from limited new housing supply and high rental demand. ESS has demonstrated ...

5 months ago - Seeking Alpha

Bloomberg April Watch List Shows 6 Ideal "Safer" Dividend Buys

Bloomberg Intelligence analysts identified 50 watchable firms for 2025, focusing on catalysts like leadership changes, acquisitions, and new products, with emphasis on AI and electric vehicles. Sixtee...

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5 months ago - Seeking Alpha

Essex Announces Release and Conference Call Dates for Its First Quarter 2025 Earnings

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its first quarter 2025 earnings after the market closes on Tuesday, April 29, 2025. A...

5 months ago - Business Wire

Essex Property Trust Announces Recent Transaction Activity

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today its year to date transaction activity detailed in the table below. The transaction activity year to date resul...

5 months ago - Business Wire