$277.41-1.20 (-0.43%)
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust.
Essex Property Trust, Inc. in the Real Estate sector is trading at $277.41 with a market capitalization of $19.5B. Wall Street consensus targets $304.99 (25 analysts), implying a +9.9% move over the next 12 months. The stock is currently 9% below its 52-week high of $303.35, remaining 5.1% above its 200-day moving average. On fundamentals, Piotroski 5/9 shows mixed financial quality, Altman Z in the distress zone. The Whystock Score of 60/100 suggests a balanced risk-reward profile.
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | $489.05M↑ | $484.76M↑ | $479.63M↑ | $473.30M↑ | $469.83M |
| Gross Profit | $334.60M↑ | $330.10M↑ | $325.84M↑ | $317.65M↓ | $322.42M |
| Operating Income | $107.74M↓ | $151.58M↓ | $151.88M↑ | $150.06M↓ | $153.76M |
| Net Income | $62.46M↓ | $106.19M↑ | $80.57M↓ | $164.62M↓ | $221.36M |
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership ...

Essex Property Trust (ESS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Essex Property Trust has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Essex Property, Equity LifeStyle and American Homes have been highlighted in this Industry Outlook article.

ESS, ELS and AMH stand to benefit as apartment supply slows, occupancy stays strong and residential REIT fundamentals improve.
Essex Property Trust (ESS) lifted its full year targets for same property revenues and core FFO per share after results in the first half of 2026 surpassed earlier expectations, supported by steady West Coast rental demand. See our latest analysis for Essex Property Trust. The latest earnings upgrade, new acquisition focus and a fresh US$500m repurchase program help explain why Essex Property Trust’s recent momentum is still positive, with a 90 day share price return of 7.19% and a 1 year...
Academic risk and quality models computed from ESS's own filings and price history, not from analyst opinion.
Mixed: 5 of 9 fundamental-health tests pass, so profitability and balance-sheet trends disagree.
Altman Z below 1.81, the financial-distress band. This measures balance-sheet stress, not share-price direction.
Beneish M below the -1.78 flag threshold, so the earnings-manipulation model finds nothing unusual in the accruals and margin trends.
Share of earnings coming from accruals rather than cash. Higher values historically precede weaker future returns.
GARCH(1,1) 30-day annualised forecast, above the current 19.1% reading.
Fama-French 5-factor market beta. The five factors explain 23% of this stock's return variance; the rest is idiosyncratic.
The stock’s own historical valuation anchor, which is a fairer comparison than a sector average for a company with a persistent premium or discount.
Model inputs as of 2026-09-08.