Essex Property Trust (NYSE:ESS) Director Mary Kasaris Sells 600 Shares

Posted by Francis Steltz on May 29th, 2026

Essex Property Trust, Inc. (NYSE:ESS – Get Free Report) Director Mary Kasaris sold 600 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $279.45, for a total value of $167,670.00. Following the completion of the sale, the director owned 2,394 shares of the company’s stock, valued at $669,003.30. This trade represents a 20.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Essex Property Trust Stock Performance

Shares of NYSE:ESS traded down $3.54 during midday trading on Friday, hitting $272.90. The company had a trading volume of 739,302 shares, compared to its average volume of 521,479. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $17.54 billion, a price-to-earnings ratio of 30.66, a PEG ratio of 11.97 and a beta of 0.71. Essex Property Trust, Inc. has a 12-month low of $238.46 and a 12-month high of $294.09. The company has a fifty day moving average of $257.73 and a two-hundred day moving average of $256.65.

Essex Property Trust (NYSE:ESS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.65 EPS for the quarter, missing the consensus estimate of $3.96 by ($2.31). Essex Property Trust had a return on equity of 10.00% and a net margin of 30.03%.The company had revenue of $484.76 million during the quarter, compared to analysts’ expectations of $479.89 million. During the same quarter last year, the company earned $3.97 earnings per share. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. On average, equities research analysts expect that Essex Property Trust, Inc. will post 16.06 EPS for the current fiscal year.

Essex Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $2.59 dividend. This represents a $10.36 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, June 30th. Essex Property Trust’s dividend payout ratio is presently 116.40%.

Analysts Set New Price Targets

ESS has been the subject of a number of analyst reports. Royal Bank Of Canada increased their price target on Essex Property Trust from $282.00 to $288.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Raymond James Financial reiterated a “market perform” rating on shares of Essex Property Trust in a research note on Friday, February 27th. Barclays increased their price target on Essex Property Trust from $272.00 to $277.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Wall Street Zen upgraded Essex Property Trust from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 11th. Finally, Stifel Nicolaus increased their price target on Essex Property Trust from $278.00 to $281.50 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. Five research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Essex Property Trust has a consensus rating of “Hold” and an average price target of $284.50.

Get Our Latest Stock Report on ESS

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Nemes Rush Group LLC purchased a new position in shares of Essex Property Trust during the fourth quarter valued at about $27,000. Generali Asset Management SPA SGR purchased a new position in Essex Property Trust in the fourth quarter worth about $29,000. Hantz Financial Services Inc. grew its position in Essex Property Trust by 57.5% in the third quarter. Hantz Financial Services Inc. now owns 115 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 42 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in Essex Property Trust in the first quarter worth about $38,000. Finally, Western Wealth Management LLC purchased a new position in Essex Property Trust in the first quarter worth about $44,000. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Essex Property Trust Company Profile

(Get Free Report)

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.