
Essex Property Trust (ESS) reported earnings 30 days ago. What's next for the stock?
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the West Coast of the United States.
| Revenue (TTM) | $1.98B |
| Gross Profit (TTM) | $1.36B |
| EBITDA | $1.23B |
| Operating Margin | 34.00% |
| Return on Equity | 7.71% |
| Return on Assets | 2.96% |
| Revenue/Share (TTM) | $30.77 |
| Book Value | $82.83 |
| Price-to-Book | 3.36 |
| Price-to-Sales (TTM) | 9.70 |
| EV/Revenue | 12.72 |
| EV/EBITDA | 18.65 |
| Quarterly Earnings Growth (YoY) | -71.80% |
| Quarterly Revenue Growth (YoY) | 3.10% |
| Shares Outstanding | $64.27M |
| Float | $63.55M |
| % Insiders | 0.73% |
| % Institutions | 104.59% |
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Essex Property Trust (ESS) reported earnings 30 days ago. What's next for the stock?

Essex Property, Equity LifeStyle and American Homes have been highlighted in this Industry Outlook article.

ESS, ELS and AMH stand to benefit as apartment supply slows, occupancy stays strong and residential REIT fundamentals improve.

Essex Property Trust earns my sole 'Buy' rating among multifamily REIT peers, driven by superior operational efficiency and disciplined capital allocation. ESS consistently outperforms on same-store NOI and operating margins, with robust dividend coverage and a conservative, well-structured balance sheet. Management demonstrates capital allocation acumen, executing buybacks at attractive implied cap rates and selling assets at premium valuations.

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Reschedules Second Quarter 2026 Financial Results Conference Call to Tuesday, August 11, 2026 at 5:00 p.m. Eastern Time.

Essex Property Trust NYSE: ESS raised its full-year outlook after reporting second-quarter operating performance that exceeded its expectations, led by stronger apartment revenue trends and lower-than-anticipated expenses across its West Coast portfolio.

Essex Property Trust, Inc. (ESS) Q2 2026 Earnings Call Transcript

ESS tops Q2 FFO estimates as same-property NOI and revenues rise, Northern California outperforms, and its 2026 core FFO outlook is raised.

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its second quarter 2026 earnings results and related business activities. Net Income, Funds from Operations (“FFO”), and Core FFO per diluted share for the three and six-month periods ended June 30, 2026 are detailed below. Three Months Ended June 30, Six Months Ended June 30, % % 2026 2025 Change 2026 2025 Change Per Diluted Share Net Income $0.97 $3.44 -71.8% $2.62.

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS to Host Second Quarter 2026 Financial Results Conference Call on Thursday, August 13, 2026 at 5:00 p.m. Eastern Time.
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