Essex Property Trust (NYSE: ESS) has recently received a number of price target changes and ratings updates:
- 10/29/2026 – Essex Property Trust had its “overweight” rating reaffirmed by Piper Sandler. They now have a $320.00 price target on the stock, down from $326.00.
- 10/29/2026 – Essex Property Trust had its price target lowered by Royal Bank Of Canada from $298.00 to $297.00. They now have an “outperform” rating on the stock.
- 10/28/2026 – Essex Property Trust had its price target lowered by Stifel Nicolaus from $292.75 to $285.50. They now have a “hold” rating on the stock.
- 10/19/2026 – Essex Property Trust had its price target lowered by Wells Fargo & Company from $297.00 to $279.00. They now have an “equal weight” rating on the stock.
- 10/14/2026 – Essex Property Trust had its price target lowered by Barclays from $297.00 to $285.00. They now have an “equal weight” rating on the stock.
- 10/14/2026 – Essex Property Trust had its price target lowered by UBS Group from $286.00 to $275.00. They now have a “neutral” rating on the stock.
- 10/13/2026 – Essex Property Trust had its price target lowered by Royal Bank Of Canada from $312.00 to $298.00. They now have an “outperform” rating on the stock.
- 10/12/2026 – Essex Property Trust had its price target lowered by Piper Sandler from $352.00 to $326.00. They now have an “overweight” rating on the stock.
- 9/21/2026 – Essex Property Trust was given a new $299.00 price target by Evercore.
- 9/17/2026 – Essex Property Trust had its price target lowered by Scotiabank from $307.00 to $293.00. They now have a “sector outperform” rating on the stock.
- 9/15/2026 – Essex Property Trust is now covered by UBS Group. They set a “neutral” rating and a $286.00 price target on the stock.
- 9/15/2026 – Essex Property Trust is now covered by UBS Group. They set a “hold” rating and a $286.00 price target on the stock.
- 9/10/2026 – Essex Property Trust was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 9/8/2026 – Essex Property Trust was downgraded by Mizuho from “outperform” to “neutral”. They now have a $295.00 price target on the stock, down from $308.00.
- 9/8/2026 – Essex Property Trust was downgraded by Mizuho from “outperform” to “neutral”. They now have a $295.00 price target on the stock, down from $308.00.
Essex Property Trust Stock Performance
ESS stock traded up $7.58 during trading on Wednesday, hitting $272.48. The company had a trading volume of 444,474 shares, compared to its average volume of 514,519. The firm has a 50-day moving average price of $273.44 and a 200-day moving average price of $269.81. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.21. The firm has a market cap of $17.53 billion, a PE ratio of 50.55, a price-to-earnings-growth ratio of 7.86 and a beta of 0.69. Essex Property Trust, Inc. has a 1-year low of $238.46 and a 1-year high of $303.35.
Essex Property Trust (NYSE:ESS – Get Free Report) last announced its earnings results on Tuesday, October 27th. The real estate investment trust reported $1.52 earnings per share for the quarter, missing the consensus estimate of $4.01 by ($2.49). The company had revenue of $492.69 million during the quarter, compared to analysts’ expectations of $491.01 million. Essex Property Trust had a net margin of 17.84% and a return on equity of 6.24%. During the same quarter last year, the business posted $3.97 earnings per share. On average, analysts expect that Essex Property Trust, Inc. will post 16.16 earnings per share for the current year.
Essex Property Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a dividend of $2.59 per share. The ex-dividend date was Wednesday, September 30th. This represents a $10.36 dividend on an annualized basis and a yield of 3.8%. Essex Property Trust’s dividend payout ratio is presently 192.21%.
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.
Read More
- Five stocks we like better than Essex Property Trust
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Essex Property Trust Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Essex Property Trust Inc and related companies with MarketBeat.com's FREE daily email newsletter.
