What is Zacks Research's Estimate for ESS Q3 Earnings?

Key Points

• Zacks Research has increased its earnings per share (EPS) estimate for Essex Property Trust to $3.95 for Q3 2025, reflecting a slight rise from the previous estimate of $3.94.
• Essex Property Trust's current full-year earnings estimate stands at $15.96 per share, with a projected Q4 EPS of $4.00.
• Despite various analysts adjusting their ratings and price targets, the stock maintains a consensus rating of "Hold" with a price target averaging $297.09.

Essex Property Trust, Inc. (NYSE:ESS - Free Report) - Equities researchers at Zacks Research raised their Q3 2025 EPS estimates for shares of Essex Property Trust in a research report issued to clients and investors on Wednesday, October 22nd. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings of $3.95 per share for the quarter, up from their previous estimate of $3.94. The consensus estimate for Essex Property Trust's current full-year earnings is $15.96 per share. Zacks Research also issued estimates for Essex Property Trust's Q4 2025 earnings at $4.00 EPS.

ESS has been the subject of several other research reports. Weiss Ratings restated a "hold (c+)" rating on shares of Essex Property Trust in a report on Wednesday, October 8th. Scotiabank reduced their price target on shares of Essex Property Trust from $320.00 to $309.00 and set a "sector outperform" rating for the company in a report on Tuesday, August 5th. Evercore ISI reduced their price target on shares of Essex Property Trust from $283.00 to $279.00 and set an "in-line" rating for the company in a report on Monday, October 13th. BNP Paribas Exane downgraded shares of Essex Property Trust from an "outperform" rating to a "neutral" rating in a research report on Monday, September 29th. Finally, Truist Financial cut their price objective on shares of Essex Property Trust from $295.00 to $283.00 and set a "hold" rating on the stock in a research report on Tuesday, August 12th. Seven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $297.09.

Essex Property Trust Trading Down 0.1%

NYSE:ESS opened at $263.91 on Friday. Essex Property Trust has a one year low of $243.85 and a one year high of $316.29. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $17.00 billion, a P/E ratio of 21.21, a P/E/G ratio of 6.42 and a beta of 0.81. The firm has a 50-day simple moving average of $264.06 and a 200-day simple moving average of $273.33.

Essex Property Trust (NYSE:ESS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $4.03 EPS for the quarter, beating the consensus estimate of $3.99 by $0.04. Essex Property Trust had a net margin of 43.51% and a return on equity of 13.98%. The business had revenue of $465.84 million during the quarter, compared to analyst estimates of $466.47 million. During the same quarter in the previous year, the business posted $3.94 EPS. Essex Property Trust has set its Q3 2025 guidance at 3.890-3.990 EPS. FY 2025 guidance at 15.800-16.020 EPS.

Institutional Trading of Essex Property Trust

Several large investors have recently bought and sold shares of ESS. Richardson Financial Services Inc. grew its position in Essex Property Trust by 300.0% during the 2nd quarter. Richardson Financial Services Inc. now owns 100 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 75 shares during the last quarter. WPG Advisers LLC purchased a new stake in Essex Property Trust during the 1st quarter worth approximately $31,000. Ransom Advisory Ltd purchased a new stake in Essex Property Trust during the 1st quarter worth approximately $31,000. Zions Bancorporation National Association UT purchased a new stake in Essex Property Trust during the 1st quarter worth approximately $34,000. Finally, Princeton Global Asset Management LLC purchased a new stake in Essex Property Trust during the 2nd quarter worth approximately $34,000. Hedge funds and other institutional investors own 96.51% of the company's stock.

Essex Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a $2.57 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $10.28 dividend on an annualized basis and a dividend yield of 3.9%. Essex Property Trust's payout ratio is presently 82.64%.

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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