Essex Property Trust (ESS) Expected to Post Earnings on Tuesday

Key Points

• Essex Property Trust is expected to report Q3 2026 results after market close on October 27. Analysts forecast earnings of $1.47 per share and revenue of $490.95 million; management’s full-year EPS guidance is $16.03–$16.25.
• The REIT exceeded estimates in its latest quarter, reporting $4.08 EPS and $489.05 million in revenue versus expectations of $1.46 EPS and $485.12 million.
• Essex pays a quarterly dividend of $2.59 per share, equivalent to a 3.9% annualized yield, while analysts maintain a “Moderate Buy” consensus and an average price target of $298.99.

Essex Property Trust (NYSE:ESS - Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Essex Property Trust to post earnings of $1.47 per share and revenue of $490.95 million for the quarter. Essex Property Trust has set its Q3 2026 guidance at 3.930-4.050 EPS and its FY 2026 guidance at 16.030-16.250 EPS. Parties can check the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 12:00 PM ET.

Essex Property Trust (NYSE:ESS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $4.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $2.62. The business had revenue of $489.05 million during the quarter, compared to analyst estimates of $485.12 million. Essex Property Trust had a net margin of 21.48% and a return on equity of 7.33%. During the same period last year, the firm posted $4.03 EPS. On average, analysts expect Essex Property Trust to post $16.11 EPS for the current fiscal year and $16.72 EPS for the next fiscal year.

Essex Property Trust Trading Down 0.9%

Essex Property Trust stock opened at $267.03 on Tuesday. Essex Property Trust has a 1 year low of $238.46 and a 1 year high of $303.35. The firm's 50 day moving average price is $276.71 and its 200-day moving average price is $276.40. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market cap of $17.16 billion, a P/E ratio of 16.75, a PEG ratio of 8.00 and a beta of 0.70.

Essex Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a dividend of $2.59 per share. The ex-dividend date was Wednesday, September 30th. This represents a $10.36 dividend on an annualized basis and a dividend yield of 3.9%. Essex Property Trust's dividend payout ratio is currently 161.12%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ESS shares. Raymond James Financial raised shares of Essex Property Trust from a "market perform" rating to an "outperform" rating and set a $320.00 target price for the company in a research note on Friday, June 26th. Jefferies Financial Group upgraded shares of Essex Property Trust to a "strong-buy" rating in a research note on Wednesday, July 22nd. Sanford C. Bernstein started coverage on shares of Essex Property Trust in a report on Friday, June 26th. They set an "outperform" rating and a $320.00 price objective for the company. Wall Street Zen downgraded shares of Essex Property Trust from a "hold" rating to a "sell" rating in a report on Saturday, August 1st. Finally, JPMorgan Chase & Co. raised their price objective on Essex Property Trust from $275.00 to $295.00 and gave the company an "underweight" rating in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $298.99.

Essex Property Trust Company Profile

Essex Property Trust, Inc is a self-administered and self-managed real estate investment trust that owns, develops, redevelops, and manages multifamily apartment communities. The company focuses on providing rental housing in high-demand markets and generates revenue primarily from apartment rents and related resident services.

Founded in 1971 and headquartered in San Mateo, California, Essex operates primarily in Southern California, the San Francisco Bay Area, and the Seattle metropolitan area.

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