ESS icon

Essex Property Trust

304.80 USD
-1.43
0.47%
At close Mar 27, 4:00 PM EDT
After hours
304.80
+0.00
0.00%
1 day
-0.47%
5 days
1.16%
1 month
0.29%
3 months
7.16%
6 months
3.46%
Year to date
9.04%
1 year
26.26%
5 years
33.33%
10 years
31.17%
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 8 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

90% more call options, than puts

Call options by funds: $22.4M | Put options by funds: $11.8M

43% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 58

3% more funds holding

Funds holding: 597 [Q3] → 612 (+15) [Q4]

1.78% more ownership

Funds ownership: 92.64% [Q3] → 94.42% (+1.78%) [Q4]

7% more repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 208

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

1% less capital invested

Capital invested by funds: $17.5B [Q3] → $17.3B (-$182M) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$300
2%
downside
Avg. target
$306
0%
upside
High target
$315
3%
upside

8 analyst ratings

positive
50%
neutral
50%
negative
0%
Truist Securities
Michael Lewis
63% 1-year accuracy
22 / 35 met price target
0%downside
$304
Hold
Maintained
10 Mar 2025
Barclays
Richard Hightower
52% 1-year accuracy
11 / 21 met price target
0%downside
$304
Equal-Weight
Maintained
19 Feb 2025
Evercore ISI Group
Steve Sakwa
47% 1-year accuracy
23 / 49 met price target
1%downside
$302
In-Line
Maintained
10 Feb 2025
RBC Capital
Brad Heffern
64% 1-year accuracy
23 / 36 met price target
3%upside
$315
Outperform
Maintained
6 Feb 2025
Wells Fargo
James Feldman
68% 1-year accuracy
13 / 19 met price target
0%upside
$305
Equal-Weight
Maintained
24 Jan 2025

Financial journalist opinion

Based on 8 articles about ESS published over the past 30 days

Positive
Seeking Alpha
8 hours ago
State Of REITs: The 'Dark Age' Is Over
While the S&P 500 and other major benchmarks entered "correction territory" this month for the first time since 2023, U.S. REITs have meaningfully outperformed the broader equity market since mid-January. The rebound follows a truly forgettable three-year period for REITs dating back to the start of the Fed's rate hiking cycle in which REITs have accumulated 40 percentage-points of underperformance. REITs remain as unloved as ever: The number of publicly listed REITs declined for a fourth-straight year in 2024. As an asset class, REITs are the single-largest "underweight" among institutional investors.
State Of REITs: The 'Dark Age' Is Over
Positive
Zacks Investment Research
16 hours ago
Essex Property Stock Up 9.2% in Three Months: Will the Trend Last?
ESS is likely to benefit from favorable West Coast market fundamentals, technological enhancements and a healthy balance sheet.
Essex Property Stock Up 9.2% in Three Months: Will the Trend Last?
Positive
Seeking Alpha
1 day ago
21 Upcoming Dividend Increases To Finish Q1
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.
21 Upcoming Dividend Increases To Finish Q1
Positive
Zacks Investment Research
1 week ago
Should You Retain Essex Property Stock in Your Portfolio Now?
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.
Should You Retain Essex Property Stock in Your Portfolio Now?
Negative
Seeking Alpha
2 weeks ago
Losers Of REIT Earnings Season
In Part 3 of our Earnings Recap, we present a sector-by-sector breakdown of the Losers of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Commercial Mortgage REITs were the "biggest loser" of REIT earnings season after results showed ongoing problems in the office space and a significant deterioration in multifamily bridge loan performance. Results from Hotel REITs were also disappointing given the record-levels of travel demand, as margin pressures from higher labor costs have taken a sizable bite out of bottom-line profitability.
Losers Of REIT Earnings Season
Positive
Zacks Investment Research
3 weeks ago
Essex Property Trust (ESS) Up 4.2% Since Last Earnings Report: Can It Continue?
Essex Property Trust (ESS) reported earnings 30 days ago. What's next for the stock?
Essex Property Trust (ESS) Up 4.2% Since Last Earnings Report: Can It Continue?
Neutral
Business Wire
3 weeks ago
Essex Property Trust to Present at The 2025 Citigroup Global Property CEO Conference
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.
Essex Property Trust to Present at The 2025 Citigroup Global Property CEO Conference
Positive
Seeking Alpha
4 weeks ago
My Best Dividend Aristocrats For March 2025
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.
My Best Dividend Aristocrats For March 2025
Neutral
Seeking Alpha
1 month ago
Why I Don't Invest In REIT ETFs
Passive beats active in most cases. REITs are an exception. I explain why I follow an active strategy when investing in REITs.
Why I Don't Invest In REIT ETFs
Positive
Zacks Investment Research
1 month ago
Essex Property Rewards Investors With Another Annual Dividend Hike
Boosting shareholders' wealth and confidence, ESS announces the 31st consecutive annual dividend hike of 4.9%.
Essex Property Rewards Investors With Another Annual Dividend Hike
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