Essex Property Trust, Inc. (ESS)

US — Real Estate Sector
Peers: MAA  INVH  SUI  NLY  AMH  WY  KIM 

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Key Metrics & Ratings

  • symbol ESS
  • Rev/Share 28.9142
  • Book/Share 90.5421
  • PB 2.9763
  • Debt/Equity 1.1923
  • CurrentRatio 1.6618
  • ROIC 7.8553

 

  • MktCap 16760502685.0
  • FreeCF/Share 15.8326
  • PFCF 16.4369
  • PE 19.7987
  • Debt/Assets 0.5106
  • DivYield 0.039
  • ROE 0.1513

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 2
  • DCF Score 5
  • 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
Initiation ESS Cantor Fitzgerald -- Overweight -- $300 Oct. 1, 2025
Downgrade ESS BNP Paribas Exane Outperform Neutral -- -- Sept. 29, 2025
Downgrade ESS Piper Sandler Overweight Neutral -- $275 Aug. 4, 2025
Upgrade ESS Raymond James Market Perform Outperform -- $315 June 24, 2025
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

News

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.

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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.

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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.

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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.

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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.

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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?

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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.

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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.

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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 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.