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 7,431 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
643% more call options, than puts
Call options by funds: $34.8M | Put options by funds: $4.68M
25% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 10 (+2) [Q2]
4.85% more ownership
Funds ownership: 98.72% [Q1] → 103.57% (+4.85%) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 216
0% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 66
4% less capital invested
Capital invested by funds: $18.8B [Q1] → $18.1B (-$728M) [Q2]
3% less funds holding
Funds holding: 616 [Q1] → 600 (-16) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$275
3%
upside
Avg. target
$297
12%
upside
High target
$317
19%
upside
11 analyst ratings
4 positive
36%
7 neutral
64%
0 negative
0%
Morgan Stanley Adam Kramer | 7%upside $285 | Equal-Weight Maintained | 13 Aug 2025 |
Truist Securities Michael Lewis | 6%upside $283 | Hold Maintained | 12 Aug 2025 |
Barclays Richard Hightower | 12%upside $298 | Equal-Weight Maintained | 12 Aug 2025 |
Evercore ISI Group Steve Sakwa | 5%upside $279 | In-Line Maintained | 12 Aug 2025 |
Scotiabank Nicholas Yulico | 16%upside $309 | Sector Outperform Maintained | 5 Aug 2025 |
Financial journalist opinion
Based on 13 articles about ESS published over the past 30 days
Positive
Seeking Alpha
2 days ago
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts. Powell used his final Jackson Hole speech as Fed Chair to deliver a clear policy pivot, an unexpected reversal after months of insistence that tariff-related inflation warranted a hawkish framework. Markets were equally relieved by the policy-focused nature of Powell's speech amid speculation that the address may be used instead as a potential defiant sermon on central bank independence.
Positive
Seeking Alpha
3 days ago
5 Ideal 'Safer' Dividend Buys From Bloomberg's August Watch List
I focus on 14 'safer' dividend stocks from Bloomberg's 50 Companies to Watch, where free cash flow yield exceeds dividend yield, signaling strong sustainability. Five 'IDEAL' stocks—China Hongqiao, ITV, Vodacom, Subsea 7, and Advanced Info—offer dividends from $1,000 invested that surpass their share price, marking them as top watchlist candidates. Analysts project average net-gains of 17.34% for the top ten dividend focus stocks by August 2026, with risk profiles varying across the group.
Positive
Seeking Alpha
1 week ago
Inflation Fails To Chill Fed Cut Momentum
U.S. equity markets climbed to fresh record highs this week despite a jump in producer prices, but consumer inflation remained "cool enough" to keep the Fed on-course for September rate cuts. Despite the inflation uptick in July, all three major CPI and PPI metrics remained below the annualized levels seen in January preceding the initial wave of tariffs. Ahead of the Chair Powell's "farewell tour" in Jackson Hole, the inevitability of significantly easier monetary policy by mid-2026 - at the latest- has fully taken hold in recent weeks.
Positive
Zacks Investment Research
1 week ago
Is it Wise to Retain Essex Property Stock in Your Portfolio for Now?
ESS' West Coast strength and tech-driven efficiencies support growth, but high supply and debt weigh on momentum.
Positive
Seeking Alpha
2 weeks ago
Disinflation Dividend: REIT Earnings Scorecard
A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.
Negative
Seeking Alpha
3 weeks ago
Behind The (Revised) Curve
U.S. equity markets fell sharply this week, while benchmark interest rates retreated to three-month lows, after revised employment data showed that job growth was far weaker than initially reported. The BLS payrolls report showed softer-than-expected hiring in July and the steepest two-month downward revisions to jobs growth since 2020, raising concern that the Fed may be "behind the curve." The downward revisions came days after Fed Chair Powell used it as the primary evidence for "solid" labor markets, which justified the FOMC's decision to keep rates in "restrictive" territory.
Neutral
The Motley Fool
3 weeks ago
Essex (ESS) Q2 Revenue Rises 6%
Essex Property Trust (ESS -7.64%), a residential real estate investment trust (REIT) focused on West Coast apartment communities, released its second-quarter 2025 results on July 29, 2025. The company reported Core Funds From Operations (FFO) per diluted share of $4.03, surpassing its own $3.96 midpoint forecast.
Neutral
Seeking Alpha
3 weeks ago
Essex Property Trust, Inc. (ESS) Q2 2025 Earnings Call Transcript
Essex Property Trust, Inc. Q2 2025 Earnings Conference Call July 30, 2025 12:00 PM ET Company Participants Angela L. Kleiman - President, CEO & Director Barbara M.
Positive
Zacks Investment Research
3 weeks ago
Essex Property Q2 Core FFO Beats Estimates, Revenues Increase Y/Y
ESS' second-quarter results reflect a year-over-year rise in same-property revenues and net operating income.
Positive
Zacks Investment Research
3 weeks ago
Essex Property Q2 Core FFO & Revenues Beat Estimates, '25 Views Raised
ESS tops Q2 estimates with higher core FFO and revenues and lifts full-year 2025 outlook amid solid same-property growth.
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