Essex Property Trust, Inc. (NYSE:ESS) Given Average Rating of “Hold” by Brokerages

Posted by Brenda Bartman on Sep 16th, 2026

Essex Property Trust, Inc. (NYSE:ESS – Get Free Report) has earned a consensus recommendation of “Hold” from the twenty-three brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $303.9375.

A number of research firms have issued reports on ESS. Deutsche Bank Aktiengesellschaft set a $325.00 price target on shares of Essex Property Trust in a report on Tuesday, August 18th. Barclays boosted their price objective on Essex Property Trust from $296.00 to $297.00 and gave the stock an “equal weight” rating in a research report on Monday, August 17th. Evercore restated an “outperform” rating and set a $303.00 target price on shares of Essex Property Trust in a research note on Thursday, July 30th. Wall Street Zen lowered Essex Property Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Finally, Piper Sandler lifted their price target on Essex Property Trust from $310.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st.

Get Our Latest Analysis on ESS

Hedge Funds Weigh In On Essex Property Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC bought a new position in shares of Essex Property Trust during the 2nd quarter worth approximately $220,000. National Pension Service grew its position in Essex Property Trust by 22.5% in the second quarter. National Pension Service now owns 5,033 shares of the real estate investment trust’s stock valued at $1,468,000 after acquiring an additional 923 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Essex Property Trust during the second quarter worth $272,000. NewEdge Advisors LLC acquired a new position in Essex Property Trust during the second quarter worth $299,000. Finally, Squarepoint Ops LLC lifted its holdings in shares of Essex Property Trust by 75.8% during the second quarter. Squarepoint Ops LLC now owns 5,472 shares of the real estate investment trust’s stock valued at $1,596,000 after acquiring an additional 2,359 shares during the period. Institutional investors own 96.51% of the company’s stock.

Essex Property Trust Trading Up 0.1%

NYSE:ESS opened at $275.93 on Friday. The company’s 50 day moving average is $286.44 and its 200-day moving average is $272.80. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 1.22. Essex Property Trust has a 12 month low of $238.46 and a 12 month high of $303.35. The firm has a market cap of $17.73 billion, a price-to-earnings ratio of 42.91, a P/E/G ratio of 10.08 and a beta of 0.69.

Essex Property Trust (NYSE:ESS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $4.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $2.62. The business had revenue of $489.05 million during the quarter, compared to the consensus estimate 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 in the prior year, the firm earned $4.03 EPS. 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. Equities analysts anticipate that Essex Property Trust will post 16.18 EPS for the current year.

Essex Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $2.59 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $10.36 annualized dividend and a dividend yield of 3.8%. Essex Property Trust’s dividend payout ratio (DPR) is presently 161.12%.

About Essex Property Trust

(Get Free Report)

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.