ESS icon

Essex Property Trust

266.23 USD
+0.68
0.26%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
266.23
0.00
0%
1 day
0.26%
5 days
1.02%
1 month
3.81%
3 months
-6.1%
6 months
-11.34%
Year to date
-4.75%
1 year
-14.71%
5 years
22.98%
10 years
21.26%
 

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 7,463 funds
0
Analysts bullish %
of 11 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

211% more call options, than puts

Call options by funds: $38.3M | Put options by funds: $12.3M

25% more funds holding in top 10

Funds holding in top 10: 8 [Q1] → 10 (+2) [Q2]

7% more repeat investments, than reductions

Existing positions increased: 235 | Existing positions reduced: 219

0.56% more ownership

Funds ownership: 98.72% [Q1] → 99.28% (+0.56%) [Q2]

1% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 67

4% less capital invested

Capital invested by funds: $18.8B [Q1] → $18.1B (-$670M) [Q2]

2% less funds holding

Funds holding: 617 [Q1] → 605 (-12) [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
$294
10% upside
High target
$315
18% upside

11 analyst ratings

positive
27%
neutral
73%
negative
0%
Evercore ISI Group
Steve Sakwa
$283
In-Line
Maintained
15 Sep 2025
Wells Fargo
James Feldman
$279
Equal-Weight
Maintained
27 Aug 2025
Morgan Stanley
Adam Kramer
$285
Equal-Weight
Maintained
13 Aug 2025
Truist Securities
Michael Lewis
$283
Hold
Maintained
12 Aug 2025
Barclays
Richard Hightower
$298
Equal-Weight
Maintained
12 Aug 2025

Financial journalist opinion

Based on 6 articles about ESS published over the past 30 days

Negative
Seeking Alpha
13 days ago
Essex Property Trust: California Exposure A Tailwind In A Weak Rental Market
Essex Property Trust has underperformed due to weak rent trends, but its West Coast focus offers relative resilience versus Sun Belt peers. Recent earnings showed solid FFO and NOI growth, with Northern California and Seattle outperforming, though management is cautious on H2 rent growth. Guidance was raised at the midpoint but lowered at the high end, reflecting a solid first half but a more tepid outlook for the rest of 2024.
Essex Property Trust: California Exposure A Tailwind In A Weak Rental Market
Neutral
Business Wire
13 days 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 October 15, 2025 to shareholders of record as of September 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 i.
Essex Property Trust Declares Quarterly Distributions
Positive
The Motley Fool
18 days ago
3 Super-Reliable Real Estate Stocks to Buy and Hold for Passive Income
Investing in real estate is a great way to make passive income. While you could buy a rental property, a more passive and lower-cost option is to invest in a real estate investment trust (REIT).
3 Super-Reliable Real Estate Stocks to Buy and Hold for Passive Income
Positive
Seeking Alpha
21 days ago
Best Dividend Aristocrats For September 2025
Dividend Aristocrats have shown mixed 2025 performance, with some delivering double-digit gains and others lagging, but overall stability remains a hallmark. Dividend growth is robust, with 53 of 69 Aristocrats raising payouts in 2025 and an average growth rate of 5.14%, signaling continued income reliability. My 'Promising Aristocrats' list, focused on undervaluation and projected total return, has outperformed both NOBL and SPY in August.
Best Dividend Aristocrats For September 2025
Positive
Seeking Alpha
24 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.
Powell Pivot Sparks REIT Rebound
Positive
Seeking Alpha
25 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.
5 Ideal 'Safer' Dividend Buys From Bloomberg's August Watch List
Positive
Seeking Alpha
1 month 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.
Inflation Fails To Chill Fed Cut Momentum
Positive
Zacks Investment Research
1 month 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.
Is it Wise to Retain Essex Property Stock in Your Portfolio for Now?
Positive
Seeking Alpha
1 month 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.
Disinflation Dividend: REIT Earnings Scorecard
Negative
Seeking Alpha
1 month 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.
Behind The (Revised) Curve
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