Essex Property Trust Inc
$ 257.57
-0.85%
04 Dec - close price
- Market Cap 17,942,608,000 USD
- Current Price $ 257.57
- High / Low $ 262.10 / 257.16
- Stock P/E 19.85
- Book Value 87.44
- EPS 13.09
- Next Earning Report 2026-02-02
- Dividend Per Share $10.16
- Dividend Yield 3.9 %
- Next Dividend Date -
- ROA 0.03 %
- ROE 0.16 %
- 52 Week High 307.81
- 52 Week Low 239.32
About
Essex Property Trust Inc. is a leading publicly traded real estate investment trust (REIT) focused on the acquisition, development, and management of high-quality multifamily residential properties primarily in key West Coast markets such as California and Washington. The company's strategic emphasis on urban and coastal locations allows it to capitalize on favorable demographic trends and strong rental demand. Renowned for its innovative approach and commitment to sustainability, Essex prioritizes tenant satisfaction while managing a diverse and resilient portfolio. Through a disciplined capital allocation strategy and robust operational capabilities, Essex is positioned to generate consistent value and growth for its investors in the competitive multifamily housing landscape.
Analyst Target Price
$285.83
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 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 | 2023-02-07 |
| Reported EPS | 1.5881 | 1.48 | 1.44 | 0.65 | 1.34 | 1.45 | 4.25 | 1.02 | 1.36 | 1.55 | 2.38 | 2.86 |
| Estimated EPS | 1.82 | 1.42 | 1.41 | 1.36 | 1.35 | 1.35 | 1.29 | 1.46 | 1.42 | 1.38 | 1.29 | 1.45 |
| Surprise | -0.2319 | 0.06 | 0.03 | -0.71 | -0.01 | 0.1 | 2.96 | -0.44 | -0.06 | 0.17 | 1.09 | 1.41 |
| Surprise Percentage | -12.7418% | 4.2254% | 2.1277% | -52.2059% | -0.7407% | 7.4074% | 229.4574% | -30.137% | -4.2254% | 12.3188% | 84.4961% | 97.2414% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-02-02 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | 1.45 |
| Currency | USD |
Previous Dividend Records
| Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | Oct 2023 | Jul 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2025-10-15 | 2025-07-15 | 2025-04-15 | 2025-01-15 | 2024-10-11 | 2024-07-12 | 2024-04-12 | 2024-01-12 | 2023-10-13 | 2023-07-14 |
| Amount | $2.57 | $2.57 | $2.57 | $2.45 | $2.45 | $2.45 | $2.45 | $2.31 | $2.31 | $2.31 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: ESS
2025-12-04 12:54:19
AvalonBay Communities (AVB) recently received a credit outlook upgrade from S&P Global and issued $400 million in senior notes, highlighting its balance sheet strength. Despite recent share price gains, the stock remains undervalued compared to analyst targets and intrinsic value, with a fair value estimated at $205.88. Investors are weighing these positive developments against broader REIT headwinds and potential risks like slower job growth and regulatory challenges.
2025-12-04 11:43:02
Essex Property Trust announced a $350 million public offering of 4.875% senior notes due in 2036. The proceeds will be used to repay upcoming debt maturities, including a portion of $450 million in senior notes due April 2026, and for general corporate purposes. This financial move aims to enhance Essex's operational flexibility and support growth initiatives in the real estate market.
2025-12-04 11:11:02
Essex Property Trust, Inc. announced a $350 million senior notes offering due in 2036, priced at 99.093% with a 4.988% yield to maturity. The proceeds will be used to repay $450 million notes due April 2026 and other debts. The offering is expected to close on December 12, 2025, with interest payable semiannually starting August 15, 2026.
2025-12-03 21:07:51
Essex Property Trust's operating partnership, Essex Portfolio, L.P., has priced a $350 million public offering of 4.875% senior notes due 2036. The proceeds will primarily be used to repay upcoming debt maturities, including a portion of $450 million in senior notes due April 2026, and for general corporate purposes or acquisitions. This move comes as the S&P 500 REIT, with a market capitalization of approximately $17.3 billion, manages its $6.7 billion debt portfolio despite strong fundamentals like 9.37% revenue growth and a PEG ratio of 0.37.
2025-12-03 17:06:10
Essex Property Trust (ESS) is well-positioned for growth due to its strong presence in the West Coast market, driven by high demand for rental units and a healthy balance sheet. However, increased competition from elevated rental supply in some markets and a substantial debt burden pose challenges to its rent growth momentum. Despite these headwinds, analysts are bullish on the stock, with an upward revision in the 2025 FFO per share estimate, and the company maintains a sustainable dividend payout.
2025-12-03 16:22:00
Essex Property Trust announced its operating partnership priced a $350 million public offering of 4.875% senior notes due 2036. The proceeds will be used to repay upcoming debt maturities and for general corporate purposes, including potential acquisitions. Despite a current ratio indicating short-term obligations exceeding liquid assets, the company shows strong fundamentals with 9.37% revenue growth and a favorable PEG ratio of 0.37.
