Essex Property Trust, Inc. (ESS)

US — Real Estate Sector
Peers: EQR  MAA  CPT  UDR  AVB  NXRT 

Automate Your Wheel Strategy on ESS

With Tiblio's Option Bot, you can configure your own wheel strategy including ESS - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol ESS
  • Rev/Share 28.1755
  • Book/Share 89.8695
  • PB 3.2426
  • Debt/Equity 1.2288
  • CurrentRatio 1.0051
  • ROIC 0.052

 

  • MktCap 18081295716.0
  • FreeCF/Share 14.0486
  • PFCF 20.0118
  • PE 26.8813
  • Debt/Assets 0.5191
  • DivYield 0.0353
  • ROE 0.122

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade ESS Deutsche Bank Hold Buy $308 $310 Jan. 21, 2025
Upgrade ESS BMO Capital Markets Market Perform Outperform $323 $310 Jan. 13, 2025
Initiation ESS Barclays -- Equal Weight -- $316 Dec. 17, 2024
Downgrade ESS JP Morgan Neutral Underweight $297 $303 Dec. 17, 2024
Downgrade ESS Raymond James Outperform Market Perform -- -- Oct. 21, 2024
Downgrade ESS BofA Securities Buy Neutral $307 $321 Sept. 24, 2024
Initiation ESS Exane BNP Paribas -- Outperform -- $333 Sept. 11, 2024

News

Is it Wise to Retain Essex Property Stock in Your Portfolio for Now?
ESS
Published: June 02, 2025 by: Zacks Investment Research
Sentiment: Neutral

ESS rides West Coast demand, tech-driven margins and a strong balance sheet, but high debt burden and supply risks cloud near-term gains.

Read More
image for news Is it Wise to Retain Essex Property Stock in Your Portfolio for Now?
Essex Property Trust Named a Best Company to Work For by U.S. News & World Report
ESS
Published: May 29, 2025 by: Business Wire
Sentiment: Neutral

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it was named a 2025-2026 Best Company to Work For by U.S. News & World Report. Additionally, the Company was named a Best Company to Work For in Real Estate and Facilities Management and a Best Company to Work For in the West. The Company's recognition can be found here. “We are proud to be named a Best Company to Work For by U.S. News & World Report in three categories. This achievement recog.

Read More
image for news Essex Property Trust Named a Best Company to Work For by U.S. News & World Report
Sell Alert: 2 REITs With Major Red Flags
BSRTF, ESS, IRM, VNQ
Published: May 01, 2025 by: Seeking Alpha
Sentiment: Negative

Insider sales are a red flag, but can be explained. But multi-million-dollar insider sales are harder to explain. I highlight two REITs with major red flags.

Read More
image for news Sell Alert: 2 REITs With Major Red Flags
Essex Property Trust, Inc. (ESS) Q1 2025 Earnings Call Transcript
ESS
Published: April 30, 2025 by: Seeking Alpha
Sentiment: Neutral

Essex Property Trust, Inc. (NYSE:ESS ) Q1 2025 - Earnings Conference Call April 30, 2025 ET Company Participants Angela Kleiman - President and Chief Executive Officer Barb Pak - Chief Financial Officer & Executive Vice President Rylan Burns - Executive Vice President and Chief Investment Officer Conference Call Participants Nick Yulico - Scotiabank Eric Wolfe - Citibank Sanket Agrawal - Evercore ISI Alexander Goldfarb - Piper Sandler Austin Wurschmidt - KeyBanc Capital Markets Yana - Bank of America Jamie Feldman - Wells Fargo Brad Heffern - RBC Capital John Kim - BMO Capital Markets Adam Kramer - Morgan Stanley Michael …

Read More
image for news Essex Property Trust, Inc. (ESS) Q1 2025 Earnings Call Transcript
Essex Property Q1 Core FFO Beats Estimates, Revenues Increase Y/Y
ESS
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Positive

ESS' first-quarter results reflect a year over year rise in same-property revenues and net operating income.

Read More
image for news Essex Property Q1 Core FFO Beats Estimates, Revenues Increase Y/Y
3 Once-In-A-Decade REIT Opportunities
ADC, CNNRF, EPRT, ESS, KRG, O, REXR, SPG, VNQ, WSR
Published: April 30, 2025 by: Seeking Alpha
Sentiment: Positive

REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunities that we are accumulating.

Read More
image for news 3 Once-In-A-Decade REIT Opportunities
Essex Property to Report Q1 Earnings: Here's What to Expect
ESS
Published: April 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Despite elevated supply, ESS' Q1 results are likely to reflect the advantages of a high-quality property portfolio, strong demand and investments in technology.

Read More
image for news Essex Property to Report Q1 Earnings: Here's What to Expect
Essex Property: Undervalued High Quality In Plain Sight
ESS
Published: April 22, 2025 by: Seeking Alpha
Sentiment: Positive

Essex Property Trust is a reliable long-term stock with strong fundamentals in high-barrier West Coast markets, benefiting from limited new housing supply and high rental demand. ESS has demonstrated driven by strong property-level metrics as growth appears to be normalizing back to pre-2020 levels. ESS offers a well-covered 3.8% dividend yield and is attractively valued at a P/FFO of 17.0, which is well below its historical average.

Read More
image for news Essex Property: Undervalued High Quality In Plain Sight
3 Residential REITs Worth Considering Amid Market Headwinds
EQR, ESS, UMH
Published: April 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Despite macroeconomic uncertainty and choppy consumer confidence, healthy rental demand amid favorable demographics and high homeownership costs poise Zacks Equity REIT - Residential industry players like EQR, ESS and UMH well for growth.

Read More
image for news 3 Residential REITs Worth Considering Amid Market Headwinds
Is it Wise to Retain Essex Property Stock in Your Portfolio Now?
ESS
Published: April 14, 2025 by: Zacks Investment Research
Sentiment: Positive

ESS to gain from a sturdy property base in the West Coast market, technology initiatives and a healthy balance sheet. Elevated unit supply is a concern.

Read More
image for news Is it Wise to Retain Essex Property Stock in Your Portfolio Now?
Essex Property Updates YTD Portfolio Reallocation Activity
ESS
Published: April 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

ESS invests in long-term value-accretive assets in submarkets with potential less supply and higher rental growth and disposes of non-core assets.

Read More
image for news Essex Property Updates YTD Portfolio Reallocation Activity
Essex Property Stock Up 9.2% in Three Months: Will the Trend Last?
ESS
Published: March 27, 2025 by: Zacks Investment Research
Sentiment: Positive

ESS is likely to benefit from favorable West Coast market fundamentals, technological enhancements and a healthy balance sheet.

Read More
image for news Essex Property Stock Up 9.2% in Three Months: Will the Trend Last?
21 Upcoming Dividend Increases To Finish Q1
APD, CMCSA, CPT, CSCO, CTRE, CUBE, EQR, ESS, FR, FSV, GL, GNTY, INDB, JPM, MPWR, NTR, NYT, OFG, REXR, RNP, SCHD, STLD, VNQ, WTW
Published: March 26, 2025 by: Seeking Alpha
Sentiment: Positive

The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance relevant to certain benchmarks. Top-performing stocks include MPWR, STLD, and JPM. Top REITs include CTR, FR, and REXR for their impressive returns and dividend growth rates.

Read More
image for news 21 Upcoming Dividend Increases To Finish Q1
Should You Retain Essex Property Stock in Your Portfolio Now?
ESS
Published: March 14, 2025 by: Zacks Investment Research
Sentiment: Positive

A sturdy property base in the West Coast market, technological initiatives and a healthy balance sheet are likely to aid ESS despite the rising supply of units.

Read More
image for news Should You Retain Essex Property Stock in Your Portfolio Now?
Essex Property Trust (ESS) Up 4.2% Since Last Earnings Report: Can It Continue?
ESS
Published: March 06, 2025 by: Zacks Investment Research
Sentiment: Positive

Essex Property Trust (ESS) reported earnings 30 days ago. What's next for the stock?

Read More
image for news Essex Property Trust (ESS) Up 4.2% Since Last Earnings Report: Can It Continue?
Essex Property Trust to Present at The 2025 Citigroup Global Property CEO Conference
ESS
Published: February 28, 2025 by: Business Wire
Sentiment: Neutral

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2025 Citigroup Global Property CEO Conference held in Hollywood, FL on Monday, March 3, 2025 at 4:20 p.m. Eastern Time. To listen to the panel, please visit the webcast link under the latest events section of the Company's Investors website at www.essex.com. An archive of the webcast will be available for t.

Read More
image for news Essex Property Trust to Present at The 2025 Citigroup Global Property CEO Conference
My Best Dividend Aristocrats For March 2025
ABT, ADM, AFL, ALB, BDX, BEN, CHD, CHRW, CINF, CVX, ECL, ERIE, ES, ESS, GPC, HRL, MKC, NDSN, NEE, NOBL, O, PEP, PNR, PPG, ROP
Published: February 27, 2025 by: Seeking Alpha
Sentiment: Positive

The ProShares S&P 500 Dividend Aristocrat ETF kicks off 2025 on a bright note with a gain of 2.81% in January. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 43 months of tracking these strategies, one strategy is generating a CAGR superior to NOBL.

Read More
image for news My Best Dividend Aristocrats For March 2025

About Essex Property Trust, Inc. (ESS)

  • IPO Date 1994-06-07
  • Website https://www.essexapartmenthomes.com
  • Industry REIT - Residential
  • CEO Ms. Angela L. Kleiman
  • Employees 1712

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.