Essex Property Trust (ESS) to Release Earnings on Tuesday

Essex Property Trust (NYSE:ESS) is expected to post its Q1 2026 results after the market closes on Tuesday, April 28th. Analysts expect Essex Property Trust to post earnings of $1.43 per share and revenue of $480.0390 million for the quarter. Essex Property Trust has set its FY 2026 guidance at 15.690-16.190 EPS and its Q1 2026 guidance at 3.890-4.010 EPS. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 1:00 PM ET.

Essex Property Trust (NYSE:ESS) last released its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $3.98 EPS for the quarter, missing analysts’ consensus estimates of $4.00 by ($0.02). Essex Property Trust had a net margin of 35.48% and a return on equity of 11.61%. The business had revenue of $479.63 million during the quarter, compared to analysts’ expectations of $474.66 million. During the same quarter in the previous year, the company posted $3.92 EPS. On average, analysts expect Essex Property Trust to post $16 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Essex Property Trust Trading Up 0.2%

ESS opened at $255.52 on Friday. Essex Property Trust has a one year low of $238.46 and a one year high of $294.09. The company has a market cap of $16.48 billion, a P/E ratio of 24.55, a PEG ratio of 8.00 and a beta of 0.71. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.03 and a current ratio of 1.03. The business’s 50-day simple moving average is $250.98 and its 200-day simple moving average is $254.86.

Essex Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $2.59 dividend. This represents a $10.36 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Tuesday, March 31st. This is an increase from Essex Property Trust’s previous quarterly dividend of $2.57. Essex Property Trust’s dividend payout ratio (DPR) is currently 99.52%.

Institutional Trading of Essex Property Trust

A number of large investors have recently made changes to their positions in the company. Daiwa Securities Group Inc. boosted its position in shares of Essex Property Trust by 9.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 1,157,617 shares of the real estate investment trust’s stock valued at $309,848,000 after purchasing an additional 100,730 shares during the period. Morgan Stanley boosted its position in shares of Essex Property Trust by 31.3% in the 4th quarter. Morgan Stanley now owns 958,090 shares of the real estate investment trust’s stock valued at $250,714,000 after purchasing an additional 228,165 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Essex Property Trust by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 938,637 shares of the real estate investment trust’s stock valued at $245,627,000 after purchasing an additional 9,450 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Essex Property Trust by 3.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 882,010 shares of the real estate investment trust’s stock valued at $233,668,000 after purchasing an additional 32,981 shares during the period. Finally, Resolution Capital Ltd boosted its position in shares of Essex Property Trust by 3.2% in the 2nd quarter. Resolution Capital Ltd now owns 848,629 shares of the real estate investment trust’s stock valued at $240,501,000 after purchasing an additional 26,661 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company dropped their price objective on Essex Property Trust from $268.00 to $262.00 and set an “equal weight” rating on the stock in a report on Thursday. Raymond James Financial reiterated a “market perform” rating on shares of Essex Property Trust in a report on Friday, February 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Essex Property Trust in a report on Thursday, January 22nd. UBS Group increased their price objective on Essex Property Trust from $267.00 to $274.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Finally, Robert W. Baird upped their target price on Essex Property Trust from $279.00 to $281.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, Essex Property Trust currently has an average rating of “Hold” and an average target price of $281.63.

Essex Property Trust Company Profile

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.