Essex Property Trust, Inc. (ESS)

NYSE: ESS · Real-Time Price · USD
272.64
-3.80 (-1.37%)
May 29, 2026, 4:00 PM EDT - Market closed
Market Cap18.12B +1.0%
Revenue (ttm)1.97B +5.4%
Net Income572.74M -14.8%
EPS8.89 -14.9%
Shares Out 66.45M
PE Ratio30.67
Forward PE45.99
Dividend$10.36 (3.80%)
Ex-Dividend DateJun 30, 2026
Volume739,862
Open275.89
Previous Close276.44
Day's Range271.76 - 278.12
52-Week Range238.46 - 294.09
Beta0.73
AnalystsHold
Price Target282.46 (+3.6%)
Earnings DateApr 28, 2026

About ESS

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Essex Property Trust, Inc. was incorporated in 1971 in Maryland and is based in San Mateo, United States.

IPO Date Jun 6, 1994
Employees 1,689
Stock Exchange NYSE
Ticker Symbol ESS
Full Company Profile

Financial Performance

In 2025, Essex Property Trust's revenue was $1.94 billion, an increase of 5.97% compared to the previous year's $1.83 billion. Earnings were $669.67 million, a decrease of -9.69%.

Financial Statements

Analyst Summary

According to 26 analysts, the average rating for ESS stock is "Hold." The 12-month stock price target is $282.46, which is an increase of 3.60% from the latest price.

Price Target
$282.46
(3.60% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Essex Property Trust to Present at The 2026 Nareit REITweek Conference

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2026 Nare...

1 day ago - Business Wire

Essex Property Trust price target raised to $286 from $273 at Truist

Truist raised the firm’s price target on Essex Property Trust (ESS) to $286 from $273 and keeps a Hold rating on the shares. The firm is adjusting its model that…

4 days ago - TheFly

Essex Property Trust price target raised to $275 from $272 at JPMorgan

JPMorgan analyst Anthony Paolone raised the firm’s price target on Essex Property Trust (ESS) to $275 from $272 and keeps an Underweight rating on the shares.

13 days ago - TheFly

Essex Property Trust price target raised to $293 from $285 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Essex Property Trust (ESS) to $293 from $285 and keeps an Equal Weight rating on the shares.

16 days ago - TheFly

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 $2.59 per common share, payable ...

16 days ago - Business Wire

Essex Property Trust price target raised to $282 from $278 at Scotiabank

Scotiabank raised the firm’s price target on Essex Property Trust (ESS) to $282 from $278 and keeps an Outperform rating on the shares. The firm is updating its price target…

16 days ago - TheFly

Essex Property Trust price target raised to $278 from $274 at UBS

UBS analyst Michael Goldsmith raised the firm’s price target on Essex Property Trust (ESS) to $278 from $274 and keeps a Neutral rating on the shares.

17 days ago - TheFly

Essex Property Trust Transcript: AGM 2026

The meeting confirmed a quorum and approved all proposals, including the election of nine directors, ratification of the auditor, and executive compensation. All voting outcomes met required thresholds.

19 days ago - Transcripts

Essex Property Trust price target raised to $298 from $296 at BofA

BofA raised the firm’s price target on Essex Property Trust (ESS) to $298 from $296 and keeps a Neutral rating on the shares. The firm adjusted estimates for multiple names…

19 days ago - TheFly

Essex Property Trust price target raised to $277 from $272 at Barclays

Barclays raised the firm’s price target on Essex Property Trust (ESS) to $277 from $272 and keeps an Equal Weight rating on the shares. The firm adjusted models in the…

20 days ago - TheFly

Essex Property Trust price target raised to $291 from $290 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Essex Property Trust (ESS) to $291 from $290 and keeps an Overweight rating on the shares. The firm updated models in the…

27 days ago - TheFly

Piper upgrades Essex Property to Overweight on Bay Area rebound

Piper Sandler upgraded Essex Property Trust (ESS) to Overweight from Neutral with a price target of $310, up from $275. The firm says the AI-driven “rapid rebound” of the San…

27 days ago - TheFly

Essex Property Trust upgraded to Overweight from Neutral at Piper Sandler

Piper Sandler upgraded Essex Property Trust (ESS) to Overweight from Neutral with a price target of $310, up from $275.

27 days ago - TheFly

Essex Property Trust price target raised to $288 from $282 at RBC Capital

RBC Capital analyst Brad Heffern raised the firm’s price target on Essex Property Trust (ESS) to $288 from $282 and keeps an Outperform rating on the shares. The company’s relatively…

4 weeks ago - TheFly

Essex Property Trust Earnings Call Transcript: Q1 2026

Core FFO per share exceeded guidance, driven by strong Northern California performance and higher occupancy. Guidance for same-property growth and Core FFO per share is reaffirmed, with capital allocation focused on buybacks and selective investments.

4 weeks ago - Transcripts

Essex Property Trust Earnings release: Q1 2026

Essex Property Trust released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Essex Property Trust Slides: Q1 2026

Essex Property Trust has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.

4 weeks ago - Filings

Essex Property Trust Quarterly report: Q1 2026

Essex Property Trust has published its Q1 2026 quarterly earnings report on April 29, 2026.

4 weeks ago - Filings

Essex Property Trust price target raised to $281.50 from $278 at Stifel

Stifel analyst Simon Yarmak raised the firm’s price target on Essex Property Trust (ESS) to $281.50 from $278 and keeps a Hold rating on the shares.

4 weeks ago - TheFly

Essex Property Trust reports Q1 FFO $4.06, consensus $3.96

Reports Q1: same-property revenue and NOI growth of 2.9% and 4.1%, respectively, compared to the first quarter of 2025. On a sequential basis, same-property revenue and NOI improved 0.7% and…

4 weeks ago - TheFly

Essex Announces First Quarter 2026 Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its first quarter 2026 earnings results and related business activities. Net Income, Funds fr...

4 weeks ago - Business Wire

Essex Property Trust price target raised to $272 from $271 at Barclays

Barclays analyst Richard Hightower raised the firm’s price target on Essex Property Trust (ESS) to $272 from $271 and keeps an Equal Weight rating on the shares. The firm adjusted…

4 weeks ago - TheFly

Essex Announces Release and Conference Call Dates for Its First Quarter 2026 Earnings

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its first quarter 2026 earnings after the market closes on Tuesday, April 28, 2026. A...

7 weeks ago - Business Wire

Essex Property Trust Proxy statement: Proxy filing

Essex Property Trust filed a proxy statement on March 27, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Essex Property Trust Proxy statement: Proxy filing

Essex Property Trust filed a proxy statement on March 27, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings