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Essex Property (ESS)
NYSE:ESS
ESS Stock Chart & Stats
$258.06
$0.33(0.12%)
At close: 4:00 PM EST
$258.06
$0.33(0.12%)
Day’s Range― - ―
52-Week Range$243.25 - $316.29
Previous CloseN/A
Volume89.39K
Average Volume (3M)540.40K
Market Cap
$17.20B
Enterprise Value$16.53B
Total Cash (Recent Filing)$183.66M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)24.8
Beta0.70
Next Earnings
Apr 28, 2026EPS Estimate
1.49Next Dividend Ex-DateN/A
Dividend Yield3.98%
Share Statistics
EPS (TTM)1.25
Shares Outstanding64,404,020
10 Day Avg. Volume630,104
30 Day Avg. Volume540,396
Financial Highlights & Ratios
PEG Ratio0.30
Price to Book (P/B)3.31
Price to Sales (P/S)10.33
P/FCF Ratio19.67
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue8.70
Enterprise Value/Gross Profit12.64
Enterprise Value/Ebitda11.44
Forecast
1Y Price Target
$281.85Price Target Upside9.22% Upside
Rating ConsensusHold
Number of Analyst Covering14
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Operational Outperformance And GuidanceAnalyst highlights that a Core funds from operations per share beat and a guidance raise reflect stronger-than-expected operations and contributed to outperformance versus apartment REIT peers.
San Francisco Market StrengthAnalyst expects San Francisco to be the strongest market as recovering office leasing and technology job growth support accelerating rents and drive meaningful revenue growth for the company.
West Coast-focused Portfolio AdvantagesAnalyst notes that a focused West Coast footprint with high barriers to entry and modest new supply in core submarkets supports occupancy stability and pricing power.
Bears Say
FFO Moderation And Lease-rate PressureAnalyst highlights that funds from operations growth has moderated due to preferred share redemptions and that new lease rates have turned negative, creating earnings headwinds.
Los Angeles Market WeaknessAnalyst reports that a slower-than-expected recovery in Los Angeles, particularly in entertainment hubs, is reducing local demand and weighing on revenue growth.
Regulatory Risk In CaliforniaAnalyst warns that proposed California policies such as a wealth tax and statewide rent control could reduce investment appeal and compress returns in the company's markets.
Essex Property News
ESS FAQ
What was Essex Property’s price range in the past 12 months?
Essex Property lowest stock price was $243.25 and its highest was $316.29 in the past 12 months.
What is Essex Property’s market cap?
Essex Property’s market cap is $17.20B.
When is Essex Property’s upcoming earnings report date?
Essex Property’s upcoming earnings report date is Apr 28, 2026 which is in 79 days.
How were Essex Property’s earnings last quarter?
Essex Property released its earnings results on Feb 04, 2026. The company reported $1.25 earnings per share for the quarter, missing the consensus estimate of $1.454 by -$0.204.
Is Essex Property overvalued?
According to Wall Street analysts Essex Property’s price is currently Undervalued.
Does Essex Property pay dividends?
Essex Property pays a Quarterly dividend of $2.57 which represents an annual dividend yield of 3.98%. See more information on Essex Property dividends here
What is Essex Property’s EPS estimate?
Essex Property’s EPS estimate is 1.49.
How many shares outstanding does Essex Property have?
Essex Property has 64,404,020 shares outstanding.
What happened to Essex Property’s price movement after its last earnings report?
Essex Property reported an EPS of $1.25 in its last earnings report, missing expectations of $1.454. Following the earnings report the stock price went down -0.428%.
Which hedge fund is a major shareholder of Essex Property?
Currently, no hedge funds are holding shares in ESS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Essex Property Stock Smart Score
Underperform
1
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10
Analyst Consensus
Hold
Average Price Target:
$281.85 (9.22% Upside)
$281.85 (9.22% Upside)
Blogger Sentiment
Bullish
ESS Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 38.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 6.8%
Last 30 Days ▼ 6.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.15%
12-Months-Change
Fundamentals
Return on Equity
12.09%
Trailing 12-Months
Asset Growth
1.79%
Trailing 12-Months
Company Description
Essex Property
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
ESS Company Deck
ESS Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated solid operational execution in 2025 with notable outperformance in same-property revenue, high occupancy (96.3%), strong Northern California recovery, robust transaction activity (+43% YoY) and a healthy balance sheet with >$1.7B liquidity. Headwinds include a conservative 2026 FFO outlook (flat) driven by structured finance redemptions (1.8% drag), localized softness (Seattle, some Southern CA submarkets), a negative Q4 new-lease reading (-2.4%), and a pause in development starts due to current land and cost economics. On balance, the positive operating results, favorable supply outlook (supply -20% YoY), NAV appreciation from prior Northern California acquisitions, and strong liquidity and capital allocation discipline materially outweigh the near-term and localized challenges.View all ESS earnings summariesESS Revenue Breakdown
99.42% Rental income
0.58% Management and other fees from affiliates
ESS Stock 12 Month Forecast
Average Price Target
$281.85
▲(9.22% Upside)
Technical Analysis
Ownership Overview
0.73% Insiders
32.40% Mutual Funds
0.19% Other Institutional Investors
33.49% Public Companies and
Individual Investors