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Essex Property ( (ESS) ) has issued an update.
On December 3, 2025, Essex Property Trust, Inc. and its operating partnership, Essex Portfolio, L.P., announced the pricing of a $350 million public offering of 4.875% senior notes due in 2036. The proceeds from this offering will be used to repay upcoming debt maturities, including a portion of the $450 million senior notes due in April 2026, and for general corporate purposes, potentially including acquisitions. This strategic financial move is expected to enhance Essex’s operational flexibility and support its growth initiatives in the competitive real estate market.
The most recent analyst rating on (ESS) stock is a Hold with a $290.00 price target. To see the full list of analyst forecasts on Essex Property stock, see the ESS Stock Forecast page.
Spark’s Take on ESS Stock
According to Spark, TipRanks’ AI Analyst, ESS is a Outperform.
Essex Property’s strong financial performance and strategic focus on Northern California drive the score. Neutral technical indicators and valuation suggest a balanced outlook. Earnings call insights highlight regional strengths and challenges, influencing the overall score.
To see Spark’s full report on ESS stock, click here.
More about Essex Property
Essex Property Trust, Inc. is a fully integrated real estate investment trust (REIT) that focuses on acquiring, developing, redeveloping, and managing multifamily residential properties in selected West Coast markets. The company holds ownership interests in 257 apartment communities, comprising over 62,000 apartment homes, with an additional property under active development.
Average Trading Volume: 452,732
Technical Sentiment Signal: Hold
Current Market Cap: $17.38B
For detailed information about ESS stock, go to TipRanks’ Stock Analysis page.