Essex Property Trust (NYSE:ESS – Get Free Report) is expected to release its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Essex Property Trust to post earnings of $1.47 per share and revenue of $491.01 million for the quarter. 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. Investors may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 12:00 PM ET.
Essex Property Trust (NYSE:ESS – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $4.08 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $2.62. The business had revenue of $489.05 million for the quarter, compared to analysts’ expectations 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 last year, the business earned $4.03 earnings per share. On average, analysts expect Essex Property Trust to post $16.11 EPS for the current fiscal year and $16.71 EPS for the next fiscal year.
Essex Property Trust Trading Up 0.1%
ESS stock opened at $278.71 on Monday. The company has a market capitalization of $17.91 billion, a PE ratio of 43.35, a price-to-earnings-growth ratio of 8.27 and a beta of 0.70. Essex Property Trust has a one year low of $238.46 and a one year high of $303.35. The company’s 50 day moving average price is $276.10 and its two-hundred day moving average price is $277.26. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.60 and a current ratio of 0.60.
Essex Property Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $2.59 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $10.36 dividend on an annualized basis and a dividend yield of 3.7%. Essex Property Trust’s dividend payout ratio is 161.12%.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the stock. Citizens Jmp raised shares of Essex Property Trust from a “market perform” rating to an “outperform” rating and set a $330.00 target price on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. lifted their target price on shares of Essex Property Trust from $275.00 to $295.00 and gave the stock an “underweight” rating in a research report on Friday, August 14th. Barclays lowered their price target on shares of Essex Property Trust from $297.00 to $285.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 14th. Scotiabank cut their price target on shares of Essex Property Trust from $307.00 to $293.00 and set a “sector outperform” rating for the company in a research report on Thursday, September 17th. Finally, Piper Sandler reduced their price objective on Essex Property Trust from $352.00 to $326.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $298.99.
Get Our Latest Stock Analysis on Essex Property Trust
About Essex Property Trust
Essex Property Trust, Inc is a self-administered and self-managed real estate investment trust that owns, develops, redevelops, and manages multifamily apartment communities. The company focuses on providing rental housing in high-demand markets and generates revenue primarily from apartment rents and related resident services.
Founded in 1971 and headquartered in San Mateo, California, Essex operates primarily in Southern California, the San Francisco Bay Area, and the Seattle metropolitan area.
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