ESS logo

ESS Essex Property Trust, Inc.

New York Stock Exchange · REIT - Residential · Real Estate

$287.52
+0.13 (+0.05%)

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…

Market Cap: $18.48Bwww.essexapartmenthomes.com

Price (90d)

$282.46
$263.55$275.14$286.74$298.33
May 4Aug 11

Signal Score (90d)

48
4882116150
Aug 10Aug 14

Quote

Day Range
$286.29 – $288.83
52-Week Range
$238.46 – $303.35
Volume
$322.8K
Market Cap
$18.48B
50-Day Avg
$288.36
200-Day Avg
$264.84
Prev Close
$287.39
Open
$287.32

Valuation & Ratios

P/E Ratio
25.14
EPS
$10.43
P/B Ratio
3.04
P/S Ratio
8.88
Debt/Equity
1.25
Current Ratio
2.30
Dividend Yield
+3.9%
Gross Margin
+68.8%

Returns & Efficiency

Return on Equity
+12.1%
Return on Assets
+5.1%
FCF Yield
+5.5%
EV/EBITDA
15.16

Revenue & Net Income (Annual)

Fiscal YearRevenueNet IncomeEPS
2025$1.90B$672.49M$10.41
2024$1.77B$741.52M$11.55
2023$1.67B$405.82M$6.32
2022$1.61B$408.31M$6.27
2021$1.44B$488.55M$7.51

Social Signal Score

52
5d
52
5 mentions
-0.3%
30d
52
6 mentions
-5.0%
60d
52
6 mentions
+0.7%
90d
52
6 mentions
+5.8%
news: 2 · rss: 4

Earnings

Tue, Oct 27(in 2 months)

Consensus estimate $1.45 per share

6of 7 quarters beat consensus

Typical surprise +1.3% (median, so one quarter with a near-zero estimate can't distort it)

  • Wed, Jul 29$0.97 vs $1.46miss
  • Tue, Apr 28$1.65 vs $1.42beat
  • Wed, Feb 4$3.98 vs $1.46beat
  • Wed, Oct 29$3.97 vs $3.96beat
  • Tue, Jul 29$4.03 vs $3.99beat
  • Tue, Apr 29$3.97 vs $3.92beat

Estimates and results for ESS via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.

Valuation

Project earnings forward and see what return today's price implies.

Seeded from ESS's reported EPS growth of 8.5% a year over 4 years.

EPS in 5 years
$15.69
Implied price
$392.19
Return from $287.52
6.4% a year

To earn 15.0% a year on these assumptions you'd need to buy at $194.99 -32.2% below today's price.

How sensitive is that answer?

Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.

growth \ P/E1721252933
-1.5%-10.6%-6.7%-3.4%-0.5%2.1%
3.5%-6.0%-2.0%1.5%4.6%7.3%
8.5%-1.5%2.8%6.4%9.6%12.5%
13.5%3.0%7.5%11.3%14.7%17.7%
18.5%7.6%12.2%16.2%19.7%22.8%

This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.

Mentions (6)

  • Newsseekingalpha.com·1d ago·Neutral

    Essex Property Trust: Premium Is The Point Essex Property Trust earns my sole 'Buy' rating among multifamily REIT peers, driven by superior operational efficiency and disciplined capital allocation. ESS consistently outperforms on same-store NOI and operating margins, with robust dividend coverage and a conservative, well-structured balance sheet. Management demonstrates capital allocation acumen, executing buybacks at attractive implied cap rates and selling assets at premium valuations.

    View source ↗
  • News (RSS)seekingalpha·3d ago·Neutral

    ESS outlines Bridge rollout toward end of 2026, as Juniper LOI targets 500 MWh+ by 2032

    View source ↗
  • News (RSS)seekingalpha·3d ago·Positive

    ESS Tech, Inc. (GWH) Q2 2026 Earnings Call Transcript

    View source ↗
  • News (RSS)seekingalpha·3d ago·Neutral

    ESS Tech, Inc. 2026 Q2 - Results - Earnings Call Presentation

    View source ↗
  • News (RSS)hellenicshipping·3d ago·Negative

    Corvus Energy Secures 40MWh Landmark Battery Contract for BC Ferries’ New Major Vessels Program Corvus Energy, the leading supplier of zero emission solutions for the ocean industry, has been awarded a milestone contract to supply its Battery Energy Storage Systems (ESS) for four new hybrid-electric, double-ended passenger and car ferries for Canadian-based ferry operator, British Columbia Ferry Services Inc. (BC Ferries). The four new vessels are part of BC ...

    View source ↗
  • Newsbusinesswire.com·5d ago·Neutral

    ESS Reschedules Second Quarter 2026 Financial Results Conference Call to Tuesday, August 11, 2026 at 5:00 p.m. Eastern Time WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Reschedules Second Quarter 2026 Financial Results Conference Call to Tuesday, August 11, 2026 at 5:00 p.m. Eastern Time.

    View source ↗