Q1 2026 EPS Estimates for Essex Property Trust, Inc. (NYSE:ESS) Raised by Zacks Research

Essex Property Trust, Inc. (NYSE:ESS) – Equities research analysts at Zacks Research boosted their Q1 2026 earnings per share (EPS) estimates for Essex Property Trust in a research note issued to investors on Tuesday, October 1st. Zacks Research analyst R. Department now anticipates that the real estate investment trust will earn $4.13 per share for the quarter, up from their previous forecast of $4.10. The consensus estimate for Essex Property Trust’s current full-year earnings is $15.55 per share. Zacks Research also issued estimates for Essex Property Trust’s Q2 2026 earnings at $4.11 EPS, Q3 2026 earnings at $4.14 EPS and FY2026 earnings at $16.55 EPS.

A number of other research analysts also recently issued reports on ESS. The Goldman Sachs Group initiated coverage on shares of Essex Property Trust in a research report on Wednesday, September 4th. They issued a “neutral” rating and a $318.00 price target on the stock. Piper Sandler increased their price objective on shares of Essex Property Trust from $315.00 to $355.00 and gave the stock an “overweight” rating in a research report on Monday, August 26th. JPMorgan Chase & Co. raised their price target on shares of Essex Property Trust from $265.00 to $297.00 and gave the company a “neutral” rating in a research report on Monday, September 16th. Stifel Nicolaus increased their price objective on shares of Essex Property Trust from $267.00 to $268.00 and gave the company a “hold” rating in a research note on Wednesday, July 31st. Finally, UBS Group increased their price objective on shares of Essex Property Trust from $261.00 to $283.00 and gave the company a “neutral” rating in a research note on Thursday, July 18th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $293.40.

Essex Property Trust Trading Up 0.1 %

NYSE ESS opened at $289.88 on Friday. The business’s 50-day moving average price is $294.44 and its two-hundred day moving average price is $272.38. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $18.61 billion, a PE ratio of 35.44, a price-to-earnings-growth ratio of 4.90 and a beta of 0.88. Essex Property Trust has a 12 month low of $203.85 and a 12 month high of $317.73.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings results on Tuesday, July 30th. The real estate investment trust reported $1.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($2.40). The business had revenue of $442.36 million during the quarter, compared to analyst estimates of $433.26 million. Essex Property Trust had a net margin of 30.31% and a return on equity of 9.14%. During the same quarter last year, the company posted $3.77 earnings per share.

Hedge Funds Weigh In On Essex Property Trust

A number of institutional investors and hedge funds have recently made changes to their positions in ESS. SG Americas Securities LLC increased its position in shares of Essex Property Trust by 371.5% during the third quarter. SG Americas Securities LLC now owns 144,611 shares of the real estate investment trust’s stock valued at $42,721,000 after acquiring an additional 113,940 shares in the last quarter. Czech National Bank lifted its stake in shares of Essex Property Trust by 6.9% during the 3rd quarter. Czech National Bank now owns 13,080 shares of the real estate investment trust’s stock valued at $3,864,000 after buying an additional 845 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Essex Property Trust during the 2nd quarter valued at $384,000. Truist Financial Corp lifted its stake in shares of Essex Property Trust by 0.3% during the 2nd quarter. Truist Financial Corp now owns 20,707 shares of the real estate investment trust’s stock valued at $5,636,000 after buying an additional 55 shares in the last quarter. Finally, Quarry LP increased its holdings in Essex Property Trust by 1,319.4% in the 2nd quarter. Quarry LP now owns 880 shares of the real estate investment trust’s stock valued at $240,000 after acquiring an additional 818 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Insider Transactions at Essex Property Trust

In other news, Director Amal M. Johnson sold 7,298 shares of the stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $316.31, for a total transaction of $2,308,430.38. Following the completion of the sale, the director now directly owns 2,585 shares in the company, valued at approximately $817,661.35. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Essex Property Trust news, Director Amal M. Johnson sold 7,298 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $316.31, for a total value of $2,308,430.38. Following the completion of the sale, the director now directly owns 2,585 shares in the company, valued at $817,661.35. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Angela L. Kleiman sold 8,080 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $315.10, for a total transaction of $2,546,008.00. Following the completion of the sale, the chief executive officer now owns 9,494 shares of the company’s stock, valued at $2,991,559.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,402 shares of company stock worth $6,399,663. Company insiders own 3.80% of the company’s stock.

Essex Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Monday, September 30th will be given a dividend of $2.45 per share. The ex-dividend date is Monday, September 30th. This represents a $9.80 annualized dividend and a yield of 3.38%. Essex Property Trust’s payout ratio is 119.80%.

Essex Property Trust Company Profile

Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.