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 $304.07. The average 1-year stock price forecast is 11.48% higher than the current stock price, while the lowest is $239 (-12.37%) and the highest is $352 (+29.06%).

Price Target: $304.07 (+11.48%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$239	$304.07	$300	$352
Change	-12.37%	+11.48%	+9.99%	+29.06%

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

Chart

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	3	3	4	5	5	4
Buy	3	4	4	5	6	6
Hold	18	17	16	14	13	14
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	26	26	26	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Lewis Truist Financial	Truist Financial	Hold Maintains $286	Hold	Maintains	$286	+4.86%	Sep 22, 2026
Steve Sakwa Evercore ISI	Evercore ISI	Buy Maintains $303 → $299	Buy	Maintains	$303 → $299	+9.62%	Sep 21, 2026
Nicholas Yulico Scotiabank	Scotiabank	Buy Maintains $307 → $293	Buy	Maintains	$307 → $293	+7.42%	Sep 17, 2026
Ami Probandt UBS	UBS	Hold Maintains $278 → $286	Hold	Maintains	$278 → $286	+4.86%	Sep 15, 2026
Haendel St. Juste Mizuho Securities	Mizuho Securities	Hold Downgrades $308 → $295	Hold	Downgrades	$308 → $295	+8.16%	Sep 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.96B

from 1.94B

1.11%

from 1.94B

Revenue Next Year

2.02B

from 1.96B

3.23%

from 1.96B

EPS This Year

5.50

from 5.76

-4.56%

from 5.76

EPS Next Year

6.30

from 5.50

14.61%

from 5.50

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.55B	1.63B	1.71B	1.83B	1.94B	1.96B
Revenue Growth	-0.64%	5.19%	4.95%	6.58%	5.97%	1.11%
Net Income	488.55M	408.32M	405.83M	741.52M	669.67M	367.93M
EPS	-	-	-	-	5.76	5.50
EPS Growth	-	-	-	-	4.40%	-4.56%
Dividend / Share	8.36	8.80	9.24	9.80	10.28	10.36
Dividend Growth	0.60%	5.26%	5.00%	6.06%	4.90%	0.82%
Free Cash Flow	-	-	-	-	-	1.01B
FFO	941.05M	923.36M	1.01B	1.06B	1.07B	1.07B
FFO / Share	13.98	13.70	15.24	15.99	15.98	16.18
P/FFO	21.29	13.52	14.83	16.72	15.90	16.86
No. Analysts	-	-	-	-	-	15

EPS based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.0B
Avg	2.0B
Low	1.9B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	4.4%
Avg	1.1%
Low	-0.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	5.55
Avg	5.50
Low	5.47

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-3.6%
Avg	-4.6%
Low	-5.0%