Research Analysts Offer Predictions for ESS Q3 Earnings

Essex Property Trust, Inc. (NYSE:ESS) – Zacks Research decreased their Q3 2025 earnings per share estimates for Essex Property Trust in a report released on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings per share of $3.96 for the quarter, down from their prior estimate of $3.97. The consensus estimate for Essex Property Trust’s current full-year earnings is $15.96 per share. Zacks Research also issued estimates for Essex Property Trust’s Q3 2026 earnings at $4.09 EPS.

Other equities analysts have also recently issued reports about the stock. Piper Sandler decreased their price objective on shares of Essex Property Trust from $370.00 to $355.00 and set an “overweight” rating for the company in a research report on Friday. Truist Financial boosted their price target on Essex Property Trust from $292.00 to $304.00 and gave the stock a “hold” rating in a research note on Monday, March 10th. Barclays increased their price target on Essex Property Trust from $303.00 to $328.00 and gave the company an “equal weight” rating in a report on Friday, May 9th. Royal Bank of Canada dropped their price objective on Essex Property Trust from $311.00 to $309.00 and set an “outperform” rating on the stock in a report on Thursday, May 1st. Finally, Wells Fargo & Company cut their target price on Essex Property Trust from $314.00 to $305.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $311.78.

Essex Property Trust Price Performance

ESS opened at $269.80 on Friday. Essex Property Trust has a twelve month low of $243.85 and a twelve month high of $317.73. The firm has a market cap of $17.37 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 6.84 and a beta of 0.78. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.15. The company has a fifty day simple moving average of $283.01 and a 200 day simple moving average of $289.67.

Essex Property Trust (NYSE:ESS) last released its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $3.97 earnings per share for the quarter, topping analysts’ consensus estimates of $3.92 by $0.05. Essex Property Trust had a return on equity of 13.05% and a net margin of 41.79%. The firm had revenue of $464.58 million during the quarter, compared to analysts’ expectations of $458.03 million. During the same quarter in the prior year, the business earned $3.83 EPS.

Essex Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $2.57 dividend. The ex-dividend date is Monday, June 30th. This represents a $10.28 dividend on an annualized basis and a dividend yield of 3.81%. Essex Property Trust’s payout ratio is currently 98.37%.

Insider Activity

In other news, Director Mary Kasaris sold 2,800 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $300.80, for a total transaction of $842,240.00. Following the sale, the director now directly owns 1,755 shares in the company, valued at approximately $527,904. This represents a 61.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Angela L. Kleiman sold 4,929 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $314.99, for a total value of $1,552,585.71. Following the transaction, the chief executive officer now owns 13,662 shares of the company’s stock, valued at $4,303,393.38. This represents a 26.51% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 21,345 shares of company stock valued at $6,682,539. Company insiders own 3.46% of the company’s stock.

Hedge Funds Weigh In On Essex Property Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. increased its holdings in shares of Essex Property Trust by 19.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 387 shares of the real estate investment trust’s stock worth $119,000 after acquiring an additional 64 shares during the period. Focus Partners Wealth bought a new position in Essex Property Trust in the 1st quarter worth about $223,000. Ransom Advisory Ltd acquired a new stake in shares of Essex Property Trust in the first quarter valued at approximately $31,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Essex Property Trust by 1.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 793,115 shares of the real estate investment trust’s stock valued at $243,145,000 after purchasing an additional 14,601 shares during the period. Finally, Woodline Partners LP bought a new stake in shares of Essex Property Trust during the first quarter valued at approximately $1,664,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Essex Property Trust Company Profile

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 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.