EXP Stock Chart & Stats
€245.40
-€16.00(-6.19%)
At close: 4:00 PM EDT
€245.40
-€16.00(-6.19%)
Day’s Range― - ―
52-Week Range€203.80 - €264.60
Previous CloseN/A
Volume9.00
Average Volume (3M)19.00
Market Cap
€15.85B
Enterprise Value€25.61K
Total Cash (Recent Filing)€158.51M
Total Debt (Recent Filing)€6.75B
Price to Earnings (P/E)42.2
Beta0.33
Next Earnings
Oct 28, 2026EPS Estimate
1.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)6.43
Shares Outstanding64,268,440
10 Day Avg. Volume0
30 Day Avg. Volume19
Financial Highlights & Ratios
PEG Ratio-2.55
Price to Book (P/B)3.04
Price to Sales (P/S)8.88
P/FCF Ratio18.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€268.11Price Target Upside9.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)4.9
Revenue Forecast (FY)€1.70B
Bulls Say, Bears Say
Bulls Say
Steady Revenue GrowthEssex has sustained a rising revenue base through its multifamily rental portfolio, supporting recurring operating income and demonstrating continued demand for its housing assets. This consistency provides a durable foundation for funding property improvements, maintaining occupancy, and compounding cash generation.
Improved Operating GuidanceThe upgraded core FFO and same-property NOI outlook indicates that recent operating execution is exceeding prior expectations, particularly in stronger markets. Higher rents, occupancy, and other property income can support durable earnings growth, while improved expense assumptions reinforce portfolio-level operating resilience.
Positive Cash GenerationConsistently positive operating and free cash flow gives Essex internal resources to support dividends, capital needs, redevelopment, and debt service. Healthy conversion of earnings into cash strengthens financial flexibility and reduces reliance on external funding for ongoing portfolio investment.
Bears Say
Meaningful LeverageEssex carries meaningful leverage relative to its equity base, which can increase interest costs and constrain capital allocation when financing conditions are less favorable. Although the balance sheet is sizable, elevated debt exposure can reduce flexibility to pursue acquisitions or absorb weaker property performance.
Earnings And FCF CompressionThe sharp decline in TTM earnings and free cash flow weakens near-term financial momentum and reduces the cash available for reinvestment, debt reduction, or distributions. If the compression persists, it could limit Essex’s ability to expand the portfolio while maintaining balance-sheet strength.
Southern California WeaknessMuted Southern California demand creates a material regional drag because the area represents a substantial share of Essex’s portfolio. Slower rent growth and weaker Los Angeles performance can restrain same-property NOI, offset stronger Northern California results, and keep overall guidance conservative.
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 €15.85B.
When is Essex Property’s upcoming earnings report date?
Essex Property’s upcoming earnings report date is Oct 28, 2026 which is in 30 days.
How were Essex Property’s earnings last quarter?
Essex Property released its earnings results on Jul 29, 2026. The company reported €0.845 earnings per share for the quarter, missing the consensus estimate of €1.272 by -€0.428.
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 1.28.
How many shares outstanding does Essex Property have?
Essex Property has 64,268,440 shares outstanding.
What happened to Essex Property’s price movement after its last earnings report?
Essex Property reported an EPS of €0.845 in its last earnings report, missing expectations of €1.272. Following the earnings report the stock price went down -6.192%.
Which hedge fund is a major shareholder of Essex Property?
Currently, no hedge funds are holding shares in DE:EXP
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
Essex Property Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€268.11 (9.25% Upside)
€268.11 (9.25% Upside)
Blogger Sentiment
Neutral
DE:EXP Sentiment 57%
Sector Average 62%
Sector Average 62%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.12%
12-Months-Change
Fundamentals
Return on Equity
3.80%
Trailing 12-Months
Asset Growth
-2.15%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Essex Property
Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.
EXP Company Deck
EXP Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized stronger-than-expected operational performance, particularly in Northern California and Seattle, leading to upward revisions to same-property NOI and core FFO guidance and reflecting solid balance sheet flexibility. Offsetting headwinds include measured national job growth, muted Southern California demand (notably LA), higher second-half operating and controllable expenses, and some one-time benefits and legal settlement uncertainties. On balance, positive execution and upgraded guidance outweigh the outlined regional and macro risks.View all DE:EXP earnings summariesEXP Revenue Breakdown
99.50% Rental income
0.50% Management and other fees from affiliates

EXP Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€268.11
▲(9.25% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month








