Essex Property Trust, Inc.
ESS
NYSE·Real Estate·REIT - Residential·Mkt cap $17.9B
$278.61
▼ -0.01%
P/E
43.33
Mkt Cap
$17.9B
52-Wk Range
$238.46–$303.35
52-Week Range
$238.46 - $303.35
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 4.8% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Strategic West Coast market concentration
- Experienced management team
- High-quality urban and suburban property portfolio
- Strong balance sheet and consistent dividend history
Bear Case
2 risks
- Low volatility (beta 0.7).
- Premium valuation to Residential REITs peers
Growth
Stable outlook
Continued urban migration trends
Value
Premium valuation to Residential REITs peers
Momentum
Stable
-1.2% over 3m
Quality
Excellent
Solid business
Dividend
Solid
3.70% yield
Smart-money signal
Who's buying ESS right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 27, 2026
JUL 29, 2026
Reported EPS of $0.97 vs $1.46 consensus (-33.6% surprise). Revenue of $486.7M vs $485.1M expected (+0.3%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-33.6%
Revenue trend · last 8Q
—
+8%
+9%
+6%
+5%
+6%
+1%
+4%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$450.7M
$454.5M
$477.8M
$469.8M
$473.3M
$479.6M
$484.8M
$489.0M
Margins · last 8Q
Gross
71.2%
Operating
22.4%
Profit
-23.9%
Wall Street consensus
13 analysts · 62% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
62%
Hold
31%
Sell
8%
Median Price Target
—
Latest: Cantor Fitzgerald · Aug 3, 2026
vs Industry
How ESS stacks vs REIT - Residential
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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