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Essex Property (ESS)
NYSE:ESS
ESS Stock Chart & Stats
$248.46
$0.33(0.12%)
At close: 4:00 PM EST
$248.46
$0.33(0.12%)
Day’s Range― - ―
52-Week Range$243.25 - $316.29
Previous CloseN/A
Volume89.39K
Average Volume (3M)481.23K
Market Cap
$16.79B
Enterprise Value$22.65B
Total Cash (Recent Filing)$150.07M
Total Debt (Recent Filing)$6.71B
Price to Earnings (P/E)19.1
Beta0.70
Next Earnings
Feb 04, 2026EPS Estimate
1.45Next Dividend Ex-DateN/A
Dividend Yield3.98%
Share Statistics
EPS (TTM)2.56
Shares Outstanding64,404,020
10 Day Avg. Volume507,992
30 Day Avg. Volume481,226
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 Cap1.35
Enterprise Value/Revenue12.16
Enterprise Value/Gross Profit20.26
Enterprise Value/Ebitda14.01
Forecast
1Y Price Target
$281.46Price Target Upside13.28% Upside
Rating ConsensusHold
Number of Analyst Covering13
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 $16.79B.
When is Essex Property’s upcoming earnings report date?
Essex Property’s upcoming earnings report date is Feb 04, 2026 which is tomorrow.
How were Essex Property’s earnings last quarter?
Essex Property released its earnings results on Oct 29, 2025. The company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $1.56 by $1.
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 1.45.
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 $2.56 in its last earnings report, beating expectations of $1.56. Following the earnings report the stock price went up 1.068%.
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
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$281.46 (13.28% Upside)
$281.46 (13.28% Upside)
Blogger Sentiment
Bullish
ESS Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 38.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.03%
12-Months-Change
Fundamentals
Return on Equity
15.30%
Trailing 12-Months
Asset Growth
3.98%
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
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced sentiment with strong performance in Northern California and strategic capital allocation offset by challenges in Seattle and Southern California, as well as structured finance headwinds.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
$281.46
▲(13.28% Upside)
Technical Analysis
Ownership Overview
0.73% Insiders
32.40% Mutual Funds
0.19% Other Institutional Investors
33.49% Public Companies and
Individual Investors