Essex Property Trust, Inc. (ESS)

Essex Property Trust Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, Essex Property Trust stock has a consensus rating of "Hold" and an average price target of $282.46. The average 1-year stock price forecast is 3.60% higher than the current stock price, while the lowest is $239 (-12.34%) and the highest is $310 (+13.70%).

Price Target: $282.46 (+3.60%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$239	$282.46	$282	$310
Change	-12.34%	+3.60%	+3.43%	+13.70%

Analyst Ratings

The average analyst rating for Essex Property Trust stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	4	3	3	3	3	3
Buy	4	4	3	3	3	4
Hold	17	17	18	18	18	17
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	27	26	26	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Lewis Truist Financial	Truist Financial	Hold Maintains $273 → $286	Hold	Maintains	$273 → $286	+4.90%	May 27, 2026
Anthony Paolone J.P. Morgan	J.P. Morgan	Sell Reiterates $272 → $275	Sell	Reiterates	$272 → $275	+0.87%	May 18, 2026
Adam Kramer Morgan Stanley	Morgan Stanley	Hold Maintains $285 → $293	Hold	Maintains	$285 → $293	+7.47%	May 15, 2026
Nicholas Yulico Scotiabank	Scotiabank	Buy Maintains $278 → $282	Buy	Maintains	$278 → $282	+3.43%	May 14, 2026
Michael Goldsmith UBS	UBS	Hold Maintains $274 → $278	Hold	Maintains	$274 → $278	+1.97%	May 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.97B

Increased by 1.63%

from 1.94B

Revenue Next Year

2.03B

Increased by 3.05%

from 1.97B

EPS This Year

5.92

Decreased by -43.08%

from 10.40

EPS Next Year

6.21

Increased by 4.83%

from 5.92

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.55B	1.63B	1.71B	1.83B	1.94B	1.97B	2.03B
Revenue Growth	-0.64%	5.19%	4.95%	6.58%	5.97%	1.63%	3.05%
EPS	7.51	6.27	6.32	11.54	10.40	5.92	6.21
EPS Growth	-13.56%	-16.51%	0.74%	82.71%	-9.88%	-43.08%	4.83%
Forward PE	-	-	-	-	-	46.06	43.94
No. Analysts	-	-	-	-	-	13	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032	2033
High	2.1B	2.2B
Avg	2.0B	2.0B
Low	1.9B	1.9B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	8.3%	9.8%
Avg	1.6%	3.1%
Low	-3.9%	-2.9%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031	2032	2033
High	6.80	7.22
Avg	5.92	6.21
Low	5.11	5.08

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	-34.6%	22.0%
Avg	-43.1%	4.8%
Low	-50.9%	-14.2%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.