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Essex Property (EXP) Stock Price & Analysis

2 Followers

EXP Stock Chart & Stats

€247.20€1.40(1.23%)
At close: 5:30 PM GMT+1
€240€245Jul 30Sep 7Oct 23
Day’s Range
EUR 243.80 - EUR 247.40
52-Week Range
EUR 203.80 - EUR 264.60
Previous Close
EUR 244.20
Volume
N/A
Average Volume (3M)
0
Market Cap
EUR 16.53B
Enterprise Value
EUR 24.07B
Total Cash (Recent Filing)
EUR 80.30M
Total Debt (Recent Filing)
EUR 6.64B
Price to Earnings (P/E)
50.7
Beta
0.31
Next Earnings
Feb 09, 2027 (Est.)
EPS Estimate
1.35
Next Dividend Ex-Date
N/A
Dividend Yield
3.70%

Bulls Say, Bears Say

Bulls Say

Strong Cash Generation

Consistently strong operating and free cash flow gives Essex internal capacity to fund reinvestment, support distributions, and manage obligations. Because free cash flow has generally remained close to earnings, the company’s cash-generation profile appears durable rather than dependent on unusually favorable one-time items.

Raised Operating Outlook

Raised revenue and NOI expectations indicate that Essex is entering the next several quarters with improving embedded rent economics. Mid-4% renewal offers, low housing deliveries, and declining market supply could support occupancy, pricing power, and recurring property-level cash flow.

Liquidity And Capital Flexibility

Substantial available liquidity relative to near-term maturities gives Essex flexibility to refinance debt, fund redevelopment, and pursue acquisitions without relying entirely on volatile capital markets. This supports disciplined capital allocation and helps preserve operating resilience through changing rate conditions.

Bears Say

Elevated Leverage

Leverage at these levels can constrain financial flexibility when borrowing costs rise or property operating conditions weaken. Debt service and refinancing needs may compete with acquisitions, development, and shareholder returns, while the softened recent ROE suggests capital is currently being used less efficiently.

Recent Profitability Decline

The recent decline in net income and operating profitability offsets Essex’s steady revenue base and healthy margins. If earnings remain below prior peaks, internally generated capital for growth and distributions may expand more slowly, reducing the benefits of otherwise stable rental demand.

Higher Interest Expense

Higher refinancing costs will directly pressure joint-venture earnings and recurring funds from operations over the coming year. The burden is especially relevant for a leveraged REIT because increased interest expense can absorb part of NOI growth and limit the cash available for investment or distributions.

Essex Property News

EXP FAQ

What was Essex Property’s price range in the past 12 months?
Essex Property lowest stock price was €203.80 and its highest was €264.60 in the past 12 months.
What is Essex Property’s market cap?
Essex Property’s market cap is €16.53B.
When is Essex Property’s upcoming earnings report date?
Essex Property’s next earnings report is estimated for Feb 09, 2027 (not yet confirmed), which is in 88 days.
How were Essex Property’s earnings last quarter?
Essex Property released its earnings results on Oct 27, 2026. The company reported €1.37 earnings per share for the quarter, beating the consensus estimate of €1.329 by €0.041.
Is Essex Property overvalued?
According to Wall Street analysts Essex Property’s price is currently Undervalued.
Does Essex Property pay dividends?
Essex Property does not currently pay dividends.
What is Essex Property’s EPS estimate?
Essex Property’s EPS estimate is 1.35.
How many shares outstanding does Essex Property have?
Essex Property has 64,337,520 shares outstanding.
What happened to Essex Property’s price movement after its last earnings report?
Essex Property reported an EPS of €1.37 in its last earnings report, beating expectations of €1.329. Following the earnings report the stock price went down -4.959%.
Which hedge fund is a major shareholder of Essex Property?
Hedge funds hold Essex Property shares: the largest hedge-fund position in Essex Property is 636,828,981 shares, and hedge funds decreased their holdings by 492.8K shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology