Essex Property Holds Annual Meeting, Elects Directors

Essex Property ( (ESS) ) has provided an update.

On May 13, 2025, Essex Property Trust, Inc. held its Annual Meeting where stockholders elected directors to serve until the 2026 annual meeting, ratified KPMG LLP as the independent registered public accounting firm for 2025, and approved executive officer compensation on a non-binding advisory basis. These decisions are expected to impact the company’s governance and financial oversight, reinforcing its strategic direction and operational stability.

The most recent analyst rating on (ESS) stock is a Sell with a $303.00 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 Neutral.

Essex Property’s strong cash flow and revenue growth are offset by recent net income losses and a significant balance sheet restructuring. Technical indicators are mixed, and while the valuation appears moderate, future growth hinges on overcoming macroeconomic challenges and stabilizing financial health. The earnings call’s positive elements are tempered by cautious guidance due to external uncertainties.

To see Spark’s full report on ESS stock, click here.

More about Essex Property

Essex Property Trust, Inc. operates in the real estate industry, focusing on the ownership, operation, and development of apartment communities located in supply-constrained markets. The company primarily serves the West Coast of the United States, offering residential properties to a diverse range of tenants.

Average Trading Volume: 479,273

Technical Sentiment Signal: Buy

Current Market Cap: $18.72B

For a thorough assessment of ESS stock, go to TipRanks’ Stock Analysis page.