Essex Property Trust, Inc. (ESS)

Essex Property Trust Stock Forecast

Stock Price Forecast

The 15 analysts that cover Essex Property Trust stock have a consensus rating of "Hold" and an average price target of $280.7, which forecasts a 5.57% increase in the stock price over the next year. The lowest target is $262 and the highest is $310.

Price Target: $280.7 (+5.57%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$262	$280.7	$281	$310
Change	-1.46%	+5.57%	+5.68%	+16.59%

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	1	1	0	0	0	0
Buy	6	5	4	4	4	5
Hold	11	11	11	12	12	11
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	17	15	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Hightower Barclays	Barclays	Hold Maintains $272 → $277	Hold	Maintains	$272 → $277	+4.18%	May 11, 2026
Richard Anderson Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $290 → $291	Buy	Maintains	$290 → $291	+9.44%	May 4, 2026
Alexander Goldfarb Piper Sandler	Piper Sandler	Hold → Buy Upgrades $275 → $310	Hold → Buy	Upgrades	$275 → $310	+16.59%	May 4, 2026
Brad Heffern RBC Capital	RBC Capital	Buy Maintains $282 → $288	Buy	Maintains	$282 → $288	+8.32%	Apr 30, 2026
Simon Yarmak Stifel	Stifel	Hold Maintains $278 → $282	Hold	Maintains	$278 → $282	+5.87%	Apr 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.97B

Increased by 1.68%

from 1.94B

Revenue Next Year

2.03B

Increased by 3.25%

from 1.97B

EPS This Year

5.88

Decreased by -43.50%

from 10.40

EPS Next Year

6.17

Increased by 4.96%

from 5.88

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%	1.68%	3.25%
EPS	7.51	6.27	6.32	11.54	10.40	5.88	6.17
EPS Growth	-13.56%	-16.51%	0.74%	82.71%	-9.88%	-43.50%	4.96%
Forward PE	-	-	-	-	-	45.25	43.11
No. Analysts	-	-	-	-	-	13	12

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	8.1%	10.2%
Avg	1.7%	3.3%
Low	-3.9%	-2.9%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031	2032	2033
High	6.80	7.22
Avg	5.88	6.17
Low	4.73	5.08

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	-34.6%	22.9%
Avg	-43.5%	5.0%
Low	-54.5%	-13.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.