Essex Property Trust

ESS · NYSE

$272.08+$5.43 (+2.04%)TodayMarket closed ·
Prev close $266.65

About ESS

Essex Property Trust, Inc. operates as a real estate investment trust. The company is headquartered in San Mateo, California and currently employs 1,689 full-time employees. The firm acquires, develops, redevelops, and manages apartment communities in selected residential areas located on the West Coast of the United States. The firm defines its operating segments as the three geographical regions in which its communities are located: Southern California, Northern California, and Seattle metro. The company has ownership interests in approximately 257 apartment communities comprising over 62,000 apartment homes. The firm owns all of its interests in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. The company invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. The company focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities.

Employees
1,689
Headquarters
San Mateo, California
Listed
Jun 7, 1994
Sector
Real Estate
Industry
Residential REITs

ESS key statistics

Market cap
17.49B
Price-earnings ratio
41.47
Dividend yield
3.79%
Average volume
520.37K
Volume
315.47K
Open price
$267.42
High today
$272.99
Low today
$267.42
52 Week high
$303.35
52 Week low
$238.46

Essex Property Trust (ESS) at a glance

Essex Property Trust (ESS) last traded at $272.08, with a market cap of 17.49B, a price-to-earnings ratio of 41.47 and a dividend yield of 3.79%.

Today the stock has traded between $267.42 and $272.99. The current price is 1.7% above the day's low and 0.3% below its high.

Volume so far is 315.47K shares, below the average of 520.37K shares a day.

Over the past year Essex Property Trust has ranged from $238.46 to $303.35, and now sits 52% of the way up that range.

Essex Property Trust met or beat analyst EPS estimates in 5 of the last 8 quarters. In Q2 FY26 it reported $0.97 per share against an estimate of $1.48.

The average analyst price target is $308.67, 13.4% above the current price, from 19 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

37%of 19 analyst ratings say Buy
  • Buy36.8%
  • Hold57.9%
  • Sell5.3%
Price target · 27 analystsAvg $308.67
Low
$241.39
Now
$272.08
High
$369.60

ESS earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 5 of the last 8 quarters, by 75.3% on average.

  1. Q3 FY24: reported $1.84 per share against an estimate of $1.38
  2. Q4 FY24: reported $1.27 per share against an estimate of $1.40
  3. Q1 FY25: reported $3.16 per share against an estimate of $1.42
  4. Q2 FY25: reported $3.44 per share against an estimate of $1.50
  5. Q3 FY25: reported $2.56 per share against an estimate of $1.48
  6. Q4 FY25: reported $1.25 per share against an estimate of $1.49
  7. Q1 FY26: reported $1.65 per share against an estimate of $1.41
  8. Q2 FY26: reported $0.97 per share against an estimate of $1.48

ESS news

  • Press releaseBusiness Wire

    Essex Announces Release and Conference Call Dates for Its Third Quarter 2026 Earnings

  • Press releaseBusiness Wire

    Essex Property Trust to Present at The Bank of America Global Real Estate Conference 2026

  • Press releaseBusiness Wire

    Essex Property Trust Declares Quarterly Distributions

  • Press releaseBusiness Wire

    Essex Announces Second Quarter 2026 Results and Raises Full-Year 2026 Guidance

  • Press releaseBusiness Wire

    Essex Announces Release and Conference Call Dates for Its Second Quarter 2026 Earnings

  • Press releaseBusiness Wire

    Essex Property Trust Publishes 2025 Sustainability and Impact Report

  • Press releaseBusiness Wire

    Essex Property Trust to Present at The 2026 Nareit REITweek Conference

  • Press releaseBusiness Wire

    Essex Property Trust Declares Quarterly Distributions

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.