Zacks Research Issues Optimistic Forecast for ESS Earnings

Essex Property Trust, Inc. (NYSE:ESS) – Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for Essex Property Trust in a report released on Wednesday, October 22nd. Zacks Research analyst Team now forecasts that the real estate investment trust will earn $3.95 per share for the quarter, up from their previous forecast of $3.94. 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 Q4 2025 earnings at $4.00 EPS.

Other research analysts have also recently issued research reports about the company. Evercore ISI dropped their price target on Essex Property Trust from $283.00 to $279.00 and set an “in-line” rating for the company in a research report on Monday, October 13th. Scotiabank dropped their price target on Essex Property Trust from $320.00 to $309.00 and set a “sector outperform” rating for the company in a research report on Tuesday, August 5th. Wells Fargo & Company raised their price target on Essex Property Trust from $279.00 to $280.00 and gave the company an “equal weight” rating in a research report on Monday, October 13th. Wall Street Zen upgraded Essex Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, BNP Paribas cut Essex Property Trust from an “outperform” rating to a “hold” rating in a research report on Monday, September 29th. Seven analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Essex Property Trust presently has a consensus rating of “Hold” and a consensus price target of $297.09.

Essex Property Trust Trading Up 0.4%

NYSE:ESS opened at $264.74 on Friday. The stock has a fifty day moving average price of $264.17 and a two-hundred day moving average price of $273.40. The stock has a market capitalization of $17.05 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 6.40 and a beta of 0.81. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.09 and a current ratio of 1.09. Essex Property Trust has a 1 year low of $243.85 and a 1 year high of $316.29.

Essex Property Trust (NYSE:ESS) last released its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $4.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.99 by $0.04. The firm had revenue of $465.84 million during the quarter, compared to analysts’ expectations of $466.47 million. Essex Property Trust had a return on equity of 13.98% and a net margin of 43.51%.During the same quarter in the prior year, the business posted $3.94 earnings per share. Essex Property Trust has set its Q3 2025 guidance at 3.890-3.990 EPS. FY 2025 guidance at 15.800-16.020 EPS.

Hedge Funds Weigh In On Essex Property Trust

Several hedge funds and other institutional investors have recently modified their holdings of the company. WPG Advisers LLC acquired a new position in Essex Property Trust during the 1st quarter worth approximately $31,000. Ransom Advisory Ltd bought a new stake in shares of Essex Property Trust in the 1st quarter valued at approximately $31,000. Richardson Financial Services Inc. increased its holdings in shares of Essex Property Trust by 300.0% in the 2nd quarter. Richardson Financial Services Inc. now owns 100 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 75 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Essex Property Trust in the 1st quarter valued at approximately $34,000. Finally, GKV Capital Management Co. Inc. acquired a new position in Essex Property Trust during the 1st quarter valued at approximately $35,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Essex Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $2.57 dividend. This represents a $10.28 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 30th. Essex Property Trust’s dividend payout ratio (DPR) is presently 82.64%.

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.