Essex Property Trust, Inc.

Essex Property Trust, Inc.

ESSยทNYSE

$281.73

+1.5%
Real EstateREIT - Residential

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.

At a Glance

Live Snapshot
Market Cap$18.10B
EPS10.4100
P/E Ratio27.06
Earnings Date08/04/2026
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Essex Property Trust, Inc. Street Expectations Map

ESS ยท NYSE

Wall Street analysts project that ESS stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 286.67, with estimates ranging from a low of 277.00 to a high of 310.00.

Lowest Target
277.00
-1.68%
Consensus Target
286.67
1.75%
Highest Target
310.00
10.03%

The consensus 1-year price target stands at 286.67, with estimates ranging from a low of 277.00 to a high of 310.00.

Analyst Consensus Analysis

Upside Potential

+1.8%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

11.5% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

5.98x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Efficient pricing: Stock trading at fair value with strong consensus suggests market has priced in expectations. Look for fundamental inflection points or new catalysts to drive meaningful moves.

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Essex Property Trust, Inc. Forward Estimates of Revenue

ESS ยท NYSE
Latest Revenue
1.90B
FY 2025
Avg Estimate
1.95B
FY 2026
Estimate Range
1.91B - 1.98B
Analyst Spread

Forward Growth Analysis

Projected Growth+2.4%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Essex Property Trust, Inc. Forward Estimates of Net Income

ESS ยท NYSE
Latest Net Income
672.49M
FY 2025
Avg Estimate
382.75M
FY 2026
Estimate Range
376.78M - 388.72M
Analyst Spread

Forward Growth Analysis

Projected Growth-43.1%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Essex Property Trust, Inc. Forward Estimates of EPS

ESS ยท NYSE
Latest EPS
10.41
FY 2025
Avg Estimate
$5.93
FY 2026
Estimate Range
$5.86 - $6.05
Analyst Spread

Forward Growth Analysis

Projected Growth-43.0%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Essex Property Trust, Inc. Forward Estimates of EBIT

ESS ยท NYSE
Latest EBIT
955.21M
FY 2025
Avg Estimate
1.09B
FY 2026
Estimate Range
1.06B - 1.10B
Analyst Spread

Forward Growth Analysis

Projected Growth+13.8%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Essex Property Trust, Inc. Forward Estimates of EBITDA

ESS ยท NYSE
Latest EBITDA
1.56B
FY 2025
Avg Estimate
1.70B
FY 2026
Estimate Range
1.67B - 1.73B
Analyst Spread

Forward Growth Analysis

Projected Growth+9.0%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Essex Property Trust, Inc. Forward Estimates of SG&A Expense

ESS ยท NYSE
Latest SG&A Expense
68.65M
FY 2025
Avg Estimate
81.20M
FY 2026
Estimate Range
79.55M - 82.45M
Analyst Spread

Forward Growth Analysis

Projected Growth+18.3%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage12 Analysts

Good analyst coverage ensures reliable estimates with diverse professional perspectives.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Essex Property Trust, Inc. Insider Positioning

ESS ยท NYSE

During the last 12 months, insiders have sold $168K worth of ESS shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

600

167.67K

Net Activity

-168K

-$168K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
KM

Kasaris Mary

Director

600 sharesโ€ข1 transactions

$168K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $168K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$168K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Persistent selling pressure: Consistent insider selling with weak buy/sell ratio suggests insiders may be capitalizing on current valuation. Exercise caution and review recent earnings quality and management commentary.