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 7,312 funds
0
Analysts bullish %
of 7 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]
30% more repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 196
8% more capital invested
Capital invested by funds: $17.3B [Q4 2024] → $18.7B (+$1.4B) [Q1 2025]
4% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 76
0.65% more ownership
Funds ownership: 94.57% [Q4 2024] → 95.22% (+0.65%) [Q1 2025]
1% less funds holding
Funds holding: 619 [Q4 2024] → 614 (-5) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$293
2%
upside
Avg. target
$320
11%
upside
High target
$355
24%
upside
7 analyst ratings
6 positive
86%
1 neutral
14%
0 negative
0%
Raymond James Buck Horne | 10%upside $315 | Outperform Upgraded | 24 Jun 2025 |
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 | 2%upside $293 | Outperform Maintained | 23 May 2025 |
Piper Sandler Alexander Goldfarb | 24%upside $355 | Overweight Maintained | 23 May 2025 |
Financial journalist opinion
Based on 8 articles about ESS published over the past 30 days
Positive
Zacks Investment Research
14 hours ago
How Are Residential REITs Positioned in Q2 as Demand Stays Resilient?
Apartment demand surges in Q2, boosting occupancy and stability for residential REITs like AVB, EQR, ESS and UDR.
Neutral
Business Wire
4 days ago
Essex Announces Release and Conference Call Dates for Its Second Quarter 2025 Earnings
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its second quarter 2025 earnings after the market closes on Tuesday, July 29, 2025. A conference call with senior management is scheduled for Wednesday, July 30, 2025 at 9:00 a.m. Pacific Time or 12:00 p.m. Eastern Time. The second quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the second quarter earnings we.
Positive
Zacks Investment Research
4 days ago
Essex Property Stock Gains 12.6% 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.
Negative
Seeking Alpha
1 week ago
Can Landlords Survive Mamdani's Rent Freeze?
Broader adoption of rent control could significantly affect REITs by capping rent growth, disincentivizing maintenance capex, and reducing new development. The true impact of rent control on REIT performance is complex, with both positive and negative ripple effects, and cannot be easily predicted. I believe future apartment REIT returns will hinge more on company fundamentals and valuation than on political/regulatory environments.
Positive
Zacks Investment Research
2 weeks ago
NXRT or ESS: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of NexPoint Residential Trust Inc. (NXRT) and Essex Property Trust (ESS). But which of these two companies is the best option for those looking for undervalued stocks?
Neutral
Business Wire
2 weeks ago
Essex Property Trust Publishes 2024 Sustainability and Impact Report
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) published today its 2024 Sustainability and Impact Report. This report recognizes the Company's progress towards its sustainability goals and announces new emissions reduction targets, which were recently approved by the Science Based Targets initiative (“SBTi”). “I'm proud to share the tremendous strides we've made towards improving our environmental footprint and positively contributing to the communities we serve. Our.
Positive
Seeking Alpha
2 weeks ago
Essex Property Trust: Well Positioned Amidst Rental Market Uncertainty
Essex's focus on California and Seattle markets provides insulation from national rental weakness, thanks to limited new supply and strong rental affordability. Q1 results outperformed national trends, with solid revenue growth, sequential rent increases, and improving delinquencies, despite rising expenses like taxes and insurance. Essex's strong balance sheet and disciplined portfolio management enable opportunistic acquisitions, supporting shareholder value and a secure 3.6% dividend yield.
Positive
Seeking Alpha
3 weeks 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
1 month 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 month 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.
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