ESS Stock Chart & Stats
$5840.05
$0.00(0.00%)
At close: 4:00 PM EDT
$5840.05
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$4,982.57 - $5,840.05
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
$330.15B
Enterprise Value$24.07B
Total Cash (Recent Filing)$80.30M
Total Debt (Recent Filing)$6.64B
Price to Earnings (P/E)48.9
Beta-0.07
Next Earnings
Feb 09, 2027EPS Estimate
27.86Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.40
Shares Outstanding64,337,520
10 Day Avg. Volume0
30 Day Avg. Volume0
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
$5,525.89Price Target Upside-5.38% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)104.63
Revenue Forecast (FY)$36.68B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistently 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 OutlookRaised 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 FlexibilitySubstantial 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 LeverageLeverage 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 DeclineThe 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 ExpenseHigher 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
ESS FAQ
What was Essex Property’s price range in the past 12 months?
Essex Property lowest stock price was $4982.57 and its highest was $5840.05 in the past 12 months.
What is Essex Property’s market cap?
Essex Property’s market cap is $330.15B.
When is Essex Property’s upcoming earnings report date?
Essex Property’s upcoming earnings report date is Feb 09, 2027 which is in 101 days.
How were Essex Property’s earnings last quarter?
Essex Property released its earnings results on Oct 27, 2026. The company reported $28.367 earnings per share for the quarter, beating the consensus estimate of $27.527 by $0.84.
Is Essex Property overvalued?
According to Wall Street analysts Essex Property’s price is currently Overvalued.
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 27.86.
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 $28.367 in its last earnings report, beating expectations of $27.527. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Essex Property?
Currently, no hedge funds are holding shares in MX:ESS
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
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$5,525.89 (-5.38% Downside)
$5,525.89 (-5.38% Downside)
Blogger Sentiment
Bullish
MX:ESS Sentiment 67%
Sector Average 62%
Sector Average 62%
News Sentiment
Bullish
Bullish news 70%
Bearish news 30%
Bearish news 30%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.94%
12-Months-Change
Fundamentals
Return on Equity
6.48%
Trailing 12-Months
Asset Growth
-2.54%
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.
ESS Company Deck
ESS Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was predominantly positive. Essex raised its full-year revenue and NOI outlook, exceeded expectations on core FFO, reported strong Northern California performance, and highlighted favorable supply, affordability, liquidity, and capital-allocation conditions. The main challenges were higher interest rates and related joint-venture interest expense, higher scheduled controllable spending, modest Los Angeles growth, macroeconomic uncertainty, and potential transaction-market weakness, but management generally characterized operating fundamentals as stable or improving.View all MX:ESS earnings summariesESS Revenue Breakdown
99.50% Rental income
0.50% Management and other fees from affiliates
ESS Stock 12 Month Forecast
Average Price Target
$5,525.89
▼(-5.38% Downside)