Q4 EPS Forecast for Essex Property Trust Reduced by Analyst

Essex Property Trust, Inc. (NYSE:ESS) – Research analysts at Zacks Research reduced their Q4 2025 earnings per share estimates for shares of Essex Property Trust in a report released on Wednesday, November 19th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings of $3.99 per share for the quarter, down from their previous forecast of $4.00. The consensus estimate for Essex Property Trust’s current full-year earnings is $15.96 per share.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $3.97 EPS for the quarter, topping analysts’ consensus estimates of $3.96 by $0.01. The firm had revenue of $473.30 million for the quarter, compared to the consensus estimate of $472.11 million. Essex Property Trust had a return on equity of 14.70% and a net margin of 45.46%.During the same quarter last year, the business posted $3.91 earnings per share. Essex Property Trust has set its Q4 2025 guidance at 3.930-4.030 EPS. FY 2025 guidance at 15.890-15.990 EPS.

ESS has been the subject of a number of other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Essex Property Trust in a report on Wednesday, October 8th. Evercore ISI decreased their target price on shares of Essex Property Trust from $279.00 to $271.00 and set a “cautious” rating on the stock in a report on Monday, November 3rd. Barclays cut their price target on shares of Essex Property Trust from $298.00 to $297.00 and set an “equal weight” rating for the company in a report on Tuesday, September 30th. Royal Bank Of Canada lifted their price target on shares of Essex Property Trust from $306.00 to $307.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company lowered their price objective on Essex Property Trust from $280.00 to $268.00 and set an “equal weight” rating for the company in a research report on Monday, November 10th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $292.53.

Essex Property Trust Stock Up 2.0%

Shares of ESS opened at $260.87 on Friday. Essex Property Trust has a 52-week low of $243.25 and a 52-week high of $316.29. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.16. The stock has a fifty day simple moving average of $260.38 and a two-hundred day simple moving average of $270.77. The company has a market capitalization of $16.80 billion, a PE ratio of 19.82, a price-to-earnings-growth ratio of 6.00 and a beta of 0.82.

Hedge Funds Weigh In On Essex Property Trust

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

Essex Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a dividend of $2.57 per share. This represents a $10.28 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 30th. Essex Property Trust’s dividend payout ratio is presently 78.12%.

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.