Essex Property Trust Inc
$ 258.40
1.20%
24 Feb - close price
- Market Cap 17,857,106,000 USD
- Current Price $ 258.40
- High / Low $ 258.89 / 253.36
- Stock P/E 24.87
- Book Value 85.99
- EPS 10.39
- Next Earning Report 2026-04-27
- Dividend Per Share $10.28
- Dividend Yield 4.03 %
- Next Dividend Date 2026-04-15
- ROA 0.03 %
- ROE 0.12 %
- 52 Week High 304.79
- 52 Week Low 236.97
About
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the West Coast of the United States.
Analyst Target Price
$281.38
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-02-02 | 2025-10-28 | 2025-07-29 | 2025-04-29 | 2025-02-04 | 2024-10-29 | 2024-07-30 | 2024-04-30 | 2024-02-06 | 2023-10-26 | 2023-07-27 | 2023-04-27 |
| Reported EPS | 1.25 | 1.5881 | 1.48 | 1.44 | 0.65 | 1.34 | 1.45 | 4.25 | 1.02 | 1.36 | 1.55 | 2.38 |
| Estimated EPS | 1.45 | 1.82 | 1.42 | 1.41 | 1.36 | 1.35 | 1.35 | 1.29 | 1.46 | 1.42 | 1.38 | 1.29 |
| Surprise | -0.2 | -0.2319 | 0.06 | 0.03 | -0.71 | -0.01 | 0.1 | 2.96 | -0.44 | -0.06 | 0.17 | 1.09 |
| Surprise Percentage | -13.7931% | -12.7418% | 4.2254% | 2.1277% | -52.2059% | -0.7407% | 7.4074% | 229.4574% | -30.137% | -4.2254% | 12.3188% | 84.4961% |
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-04-27 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | 1.49 |
| Currency | USD |
Previous Dividend Records
| Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-04-15 | 2026-01-15 | 2025-10-15 | 2025-07-15 | 2025-04-15 | 2025-01-15 | 2024-10-11 | 2024-07-12 | 2024-04-12 | 2024-01-12 |
| Amount | $2.59 | $2.57 | $2.57 | $2.57 | $2.57 | $2.45 | $2.45 | $2.45 | $2.45 | $2.31 |
Next Dividend Records
| Dividend per share (year): | $10.28 |
| Dividend Yield | 4.03% |
| Next Dividend Date | 2026-04-15 |
| Ex-Dividend Date | 2026-03-31 |
Recent News: ESS
2026-02-25 08:50:24
Citigroup Inc. significantly increased its holdings in Essex Property Trust, Inc. ($ESS) by 98.8% during the Q3, adding 87,306 shares to its portfolio, bringing its total ownership to 175,688 shares valued at $47.025 million. Other institutional investors also adjusted their stakes. Essex Property Trust reported Q4 earnings of $3.98 EPS, missing consensus but showing increased revenue, and also announced an increase in its quarterly dividend to $2.59, representing an annualized yield of 4.0%.
2026-02-24 07:52:06
US-based ESS Tech has acquired the assets and intellectual property of VoltStorage GmbH, a German developer, to enhance its long-duration energy storage (LDES) portfolio. This strategic acquisition combines two iron-based flow battery technologies, strengthening ESS Tech's offerings in flexible and cost-effective energy storage solutions. VoltStorage previously ceased operations in mid-2025, allowing ESS Tech to integrate its complementary iron-salt battery technology.
2026-02-24 05:50:22
Essex Property Trust (ESS) has seen recent share price weakness but a detailed valuation by Simply Wall St suggests it is currently undervalued. Both a Discounted Cash Flow (DCF) analysis and a Price vs Earnings (P/E) comparison indicate that the stock is trading at a discount, offering potential value for investors. The article encourages investors to explore different valuation narratives based on varying assumptions and market factors.
2026-02-23 10:25:35
ESS Tech, a US-based iron flow battery specialist, has acquired the intellectual property and assets of VoltStorage GmbH, a German developer of iron-salt battery technology. This acquisition aims to strengthen ESS Tech's long-duration energy storage portfolio by combining two complementary iron-based flow battery technologies. The strategic move is expected to deliver more flexible and cost-effective long-duration energy storage solutions.
2026-02-23 08:57:25
Essex Property Trust (ESS) is drawing renewed investor attention due to recent mixed return figures, including a flat past month and a negative annual return, despite positive 3 and 5-year gains. The company is currently trading at US$254.52, with Simply Wall St's analysis suggesting it is undervalued by approximately 9.6% against an estimated fair value of $281.63. This valuation considers potential benefits from declining new multifamily supply in its West Coast markets by late 2025, which is expected to boost occupancy and rent growth, though it also faces risks from softer Los Angeles performance and regulatory pressures in California and Seattle.
2026-02-23 08:48:31
Essex Property Trust (ESS) has seen a slowdown in its recent returns, prompting a re-evaluation of its stock. Despite a roughly flat month and a negative annual return, the company is seen as potentially undervalued, trading below an estimated fair value of $281.63, with an indicated intrinsic discount of about 32%. This narrative is supported by expectations of reduced multifamily supply in its West Coast markets which could drive occupancy and rent growth, though risks like softer Los Angeles performance and regulatory exposure exist.
