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NYSE:ESS

Essex Property Trust (ESS) Stock Price, News & Analysis

Essex Property Trust logo
$269.62 -1.18 (-0.44%)
Closing price 09/18/2026 03:59 PM Eastern
Extended Trading
$269.96 +0.33 (+0.12%)
As of 09/18/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Essex Property Trust Stock (NYSE:ESS)

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Key Stats

Today's Range
$268.03
$272.11
50-Day Range
$269.62
$298.12
52-Week Range
$238.46
$303.35
Volume
789,978 shs
Average Volume
498,601 shs
Market Capitalization
$17.33 billion
P/E Ratio
41.93
Dividend Yield
3.84%
Price Target
$303.24
Consensus Rating
Hold

Company Overview

Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops multifamily residential communities. Its portfolio primarily consists of apartment homes, supported by property management, maintenance and resident services.

The company focuses on high-demand coastal markets on the West Coast, particularly Northern and Southern California and the Seattle metropolitan area in Washington. Essex’s properties are generally located near employment centers, transportation networks and other amenities, serving renters in major urban and suburban communities.

Founded in 1971, Essex Property Trust became a publicly traded real estate investment trust in 1994. The company is headquartered in San Mateo, California, and is led by President and Chief Executive Officer Angela Kleiman.

AI Generated. May Contain Errors.

Essex Property Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
77th Percentile Overall Score

ESS MarketRank™: 

Essex Property Trust scored higher than 77% of companies evaluated by MarketBeat, and ranked 77th out of 185 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Essex Property Trust has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 1 strong buy rating, 10 buy ratings, 11 hold ratings, and 1 sell rating.

  • Upside Potential

    Essex Property Trust has a consensus price target of $303.24, representing about 12.5% upside from its current price of $269.62.

  • Amount of Analyst Coverage

    Essex Property Trust has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Essex Property Trust's stock forecast and price target.
  • Earnings Growth

    Earnings for Essex Property Trust are expected to grow by 3.15% in the coming year, from $16.18 to $16.69 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Essex Property Trust is 41.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Essex Property Trust is 41.93, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.85.

  • Price to Earnings Growth Ratio

    Essex Property Trust has a PEG Ratio of 9.90. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Essex Property Trust has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Essex Property Trust's valuation and earnings.
  • Percentage of Shares Shorted

    3.83% of the float of Essex Property Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Essex Property Trust has a short interest ratio ("days to cover") of 5.13.
  • Change versus previous month

    Short interest in Essex Property Trust has recently increased by 20.64%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Essex Property Trust is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Essex Property Trust has been increasing its dividend for 31 years.

  • Dividend Coverage

    The dividend payout ratio of Essex Property Trust is 161.12%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Essex Property Trust will have a dividend payout ratio of 62.07% next year. This indicates that Essex Property Trust will be able to sustain or increase its dividend.

  • Read more about Essex Property Trust's dividend.
  • News Sentiment

    Essex Property Trust has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Essex Property Trust this week, compared to 5 articles on an average week.
  • Search Interest

    4 people have searched for ESS on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Essex Property Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Essex Property Trust insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    3.47% of the stock of Essex Property Trust is held by insiders.

  • Percentage Held by Institutions

    96.51% of the stock of Essex Property Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Essex Property Trust's insider trading history.
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ESS Stock News Headlines

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Essex Property Trust (NYSE:ESS) Cut to "Neutral" at Mizuho
See More Headlines

ESS Stock Analysis - Frequently Asked Questions

Essex Property Trust's stock was trading at $261.92 at the start of the year. Since then, ESS shares have increased by 2.9% and is now trading at $269.62.

Essex Property Trust, Inc. (NYSE:ESS) announced its quarterly earnings data on Wednesday, July, 29th. The real estate investment trust reported $4.08 earnings per share for the quarter, beating the consensus estimate of $1.46 by $2.62. The real estate investment trust earned $489.05 million during the quarter, compared to analysts' expectations of $485.12 million. Essex Property Trust had a net margin of 21.48% and a trailing twelve-month return on equity of 7.33%.
Read the conference call transcript
.

Top institutional shareholders of Essex Property Trust include BlackRock Inc. (11.56%), Legal & General Group Plc (1.39%), UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (1.18%) and Bank of New York Mellon Corp (0.72%). Insiders that own company stock include Keith R Guericke, Angela L Kleiman, Barbara Pak, Amal M Johnson, Mary Kasaris and Anne Morrison.
View institutional ownership trends
.

Shares of ESS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Essex Property Trust investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

Record date for 7/15 Dividend
6/30/2026
Ex-Dividend for 7/15 Dividend
6/30/2026
Dividend Payable
7/15/2026
Last Earnings
7/29/2026
Today
9/18/2026
Record date for 10/15 Dividend
9/30/2026
Ex-Dividend for 10/15 Dividend
9/30/2026
Dividend Payable
10/15/2026
Next Earnings (Estimated)
10/27/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Residential REITs
Sub-Industry
Multi-Family Residential REITs
Current Symbol
NYSE:ESS
CIK
920522
Employees
1,689
Year Founded
1971

Price Target and Rating

High Price Target
$352.00
Low Price Target
$280.00
Potential Upside/Downside
+12.5%
Consensus Rating
Hold
Rating Score (0-4)
2.48
Research Coverage
23 Analysts

Profitability

EPS (Trailing Twelve Months)
$6.43
Trailing P/E Ratio
41.93
Forward P/E Ratio
16.66
P/E Growth
9.9
Net Income
$669.67 million
Net Margins
21.48%
Pretax Margin
22.71%
Return on Equity
7.33%
Return on Assets
3.16%

Debt

Debt-to-Equity Ratio
1.22
Current Ratio
0.60
Quick Ratio
0.60

Sales & Book Value

Annual Sales
$1.89 billion
Price / Sales
9.18
Cash Flow
$19.85 per share
Price / Cash Flow
13.58
Book Value
$88.64 per share
Price / Book
3.04

Miscellaneous

Outstanding Shares
64,270,000
Free Float
62,038,000
Market Cap
$17.33 billion
Optionable
Optionable
Beta
0.69

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This page (NYSE:ESS) was last updated on 9/19/2026 by MarketBeat.com Staff.
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