Essex Property Trust (NYSE:ESS) Updates Q3 2025 Earnings Guidance

Key Points

• Essex Property Trust has updated its Q3 2025 earnings guidance, projecting an EPS of 3.890-3.990, surpassing the consensus estimate of 3.969.
• The company announced a quarterly dividend of $2.57, offering an annualized dividend yield of 3.53% and a payout ratio of 98.37%.
• Analysts have mixed sentiments on Essex Property Trust, with recent price targets ranging from $293.00 to $355.00, showing a consensus rating of "Hold".

Essex Property Trust (NYSE:ESS - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.890-3.990 for the period, compared to the consensus estimate of 3.969. The company issued revenue guidance of -. Essex Property Trust also updated its FY 2025 guidance to 15.800-16.020 EPS.

Essex Property Trust Stock Performance

Shares of NYSE:ESS traded up $7.91 during midday trading on Tuesday, hitting $291.07. The company had a trading volume of 657,538 shares, compared to its average volume of 466,305. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.04 and a quick ratio of 1.04. Essex Property Trust has a 12-month low of $243.85 and a 12-month high of $317.73. The company has a fifty day moving average of $283.73 and a two-hundred day moving average of $286.33. The company has a market cap of $18.74 billion, a price-to-earnings ratio of 27.85, a PEG ratio of 5.98 and a beta of 0.78.

Essex Property Trust (NYSE:ESS - Get Free Report) last posted its earnings results on Tuesday, July 29th. The real estate investment trust reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.99 by $0.04. Essex Property Trust had a net margin of 37.08% and a return on equity of 11.81%. On average, equities research analysts expect that Essex Property Trust will post 15.96 EPS for the current fiscal year.

Essex Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $2.57 dividend. The ex-dividend date was Monday, June 30th. This represents a $10.28 annualized dividend and a dividend yield of 3.53%. Essex Property Trust's dividend payout ratio (DPR) is 98.37%.

Analysts Set New Price Targets

Several analysts have recently commented on ESS shares. Barclays raised their price target on Essex Property Trust from $303.00 to $328.00 and gave the company an "equal weight" rating in a report on Friday, May 9th. Mizuho dropped their price target on shares of Essex Property Trust from $314.00 to $293.00 and set an "outperform" rating on the stock in a research note on Friday, May 23rd. Royal Bank Of Canada dropped their price target on shares of Essex Property Trust from $311.00 to $309.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Raymond James Financial upgraded shares of Essex Property Trust from a "market perform" rating to an "outperform" rating and set a $315.00 price target on the stock in a research report on Tuesday, June 24th. Finally, Piper Sandler restated an "overweight" rating and issued a $355.00 price target (down previously from $370.00) on shares of Essex Property Trust in a research report on Friday, May 23rd. Two analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $310.94.

Hedge Funds Weigh In On Essex Property Trust

An institutional investor recently bought a new position in Essex Property Trust stock. Focus Partners Wealth bought a new stake in Essex Property Trust, Inc. (NYSE:ESS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 725 shares of the real estate investment trust's stock, valued at approximately $223,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Essex Property Trust Company Profile

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 selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.

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