Essex Property Trust
About: Essex Property Trust owns a portfolio of 257 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Employees: 1,715
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
419% more call options, than puts
Call options by funds: $36.3M | Put options by funds: $6.99M
167% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 8 (+5) [Q1 2025]
31% more repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 194
8% more capital invested
Capital invested by funds: $17.3B [Q4 2024] → $18.7B (+$1.39B) [Q1 2025]
3% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 76
0.6% more ownership
Funds ownership: 94.57% [Q4 2024] → 95.17% (+0.6%) [Q1 2025]
1% less funds holding
Funds holding: 619 [Q4 2024] → 610 (-9) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$293
3%
upside
Avg. target
$320
13%
upside
High target
$355
25%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
Scotiabank Nicholas Yulico | 12%upside $320 | Sector Outperform Maintained | 13 Jun 2025 |
BMO Capital John Kim | 11%upside $317 | Outperform Maintained | 28 May 2025 |
Mizuho Vikram Malhorta | 3%upside $293 | Outperform Maintained | 23 May 2025 |
Piper Sandler Alexander Goldfarb | 25%upside $355 | Overweight Maintained | 23 May 2025 |
Barclays Richard Hightower | 15%upside $328 | Equal-Weight Maintained | 9 May 2025 |
Financial journalist opinion
Based on 5 articles about ESS published over the past 30 days
Positive
Seeking Alpha
1 day ago
5 Ideal 'Safer' Dividend Buys From Bloomberg's June Watch List
I highlight 15 dividend-paying stocks from Bloomberg's 50 Companies to Watch that meet my 'safer' criteria: free cash flow yields exceed dividend yields. The top ten dividend focus stocks offer an estimated average net gain of 15.48% by June 2026, with diversified sector representation and generally lower volatility. Five stocks - China Hongqiao, ITV, Vodacom, Subsea 7, and Advanced Info - stand out as 'ideal' for income investors, combining safety and attractive yield-to-price ratios.
Positive
Zacks Investment Research
3 days ago
NXRT vs. ESS: Which Stock Is the Better Value Option?
Investors interested in REIT and Equity Trust - Residential stocks are likely familiar with NexPoint Residential Trust Inc. (NXRT) and Essex Property Trust (ESS). But which of these two stocks is more attractive to value investors?
Neutral
Zacks Investment Research
1 week ago
Is it Wise to Retain Essex Property Stock in Your Portfolio for Now?
ESS rides West Coast demand, tech-driven margins and a strong balance sheet, but high debt burden and supply risks cloud near-term gains.
Neutral
Business Wire
2 weeks ago
Essex Property Trust Named a Best Company to Work For by U.S. News & World Report
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it was named a 2025-2026 Best Company to Work For by U.S. News & World Report. Additionally, the Company was named a Best Company to Work For in Real Estate and Facilities Management and a Best Company to Work For in the West. The Company's recognition can be found here. “We are proud to be named a Best Company to Work For by U.S. News & World Report in three categories. This achievement recog.
Positive
The Motley Fool
3 weeks ago
3 U.S.-Based Dividend Stocks to Buy Today
It is possible to invest in U.S.-based companies that pay dividends of up to 6.5% with 100% certainty that the assets they own are American through and through. How? By focusing on real estate investment trusts (REITs) like Essex Property Trust (ESS -1.42%), Rexford Industrial Realty (REXR 0.46%), and Kilroy Realty (KRC -0.70%).
Neutral
Business Wire
1 month ago
Essex Property Trust Declares Quarterly Distributions
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share, payable July 15, 2025 to shareholders of record as of June 30, 2025. About Essex Property Trust, Inc. 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 select.
Positive
Seeking Alpha
1 month ago
5 Ideal 'Safer' Dividend Buys From Bloomberg's May Watchlist
I analyze 50 Bloomberg 'Companies to Watch' for 2025, focusing on the 35 that pay dividends and applying the yield-based dogcatcher strategy. 15 of these dividend payers are 'safer' stocks, with free cash flow yields exceeding dividend yields—five are IDEAL candidates for watch-to-buy. Top ten dividend dogs offer estimated average net gains of 21.33% for the coming year, but investors should beware of cash-poor stocks with negative free cash flow margins.
Negative
Seeking Alpha
1 month ago
Sell Alert: 2 REITs With Major Red Flags
Insider sales are a red flag, but can be explained. But multi-million-dollar insider sales are harder to explain. I highlight two REITs with major red flags.
Neutral
Seeking Alpha
1 month ago
Essex Property Trust, Inc. (ESS) Q1 2025 Earnings Call Transcript
Essex Property Trust, Inc. (NYSE:ESS ) Q1 2025 - Earnings Conference Call April 30, 2025 ET Company Participants Angela Kleiman - President and Chief Executive Officer Barb Pak - Chief Financial Officer & Executive Vice President Rylan Burns - Executive Vice President and Chief Investment Officer Conference Call Participants Nick Yulico - Scotiabank Eric Wolfe - Citibank Sanket Agrawal - Evercore ISI Alexander Goldfarb - Piper Sandler Austin Wurschmidt - KeyBanc Capital Markets Yana - Bank of America Jamie Feldman - Wells Fargo Brad Heffern - RBC Capital John Kim - BMO Capital Markets Adam Kramer - Morgan Stanley Michael Goldsmith - UBS Wes Golladay - Baird Haendel St. Juste - Mizuho Securities Rich Anderson - Wedbush Securities Julien Blouin - Goldman Sachs Rich Hightower - Barclays David Segall - Green Street Alex Kim - Zelman and Associates Operator Good day, and welcome to Essex Property Trust First Quarter 2025 Earnings Call. As a reminder, today's conference call is being recorded.
Positive
Zacks Investment Research
1 month ago
Essex Property Q1 Core FFO Beats Estimates, Revenues Increase Y/Y
ESS' first-quarter results reflect a year over year rise in same-property revenues and net operating income.
Charts implemented using Lightweight Charts™