MetaCap

Essex Property Trust Inc. (ESS)

NYSE: ESSReal EstateReal Estate Investment TrustsUSD

268.05-4.44 (-1.63%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

After hours: 268.05 0.00%

ESS stock chart

Technical analysis

Key statistics

All statistics
Market cap
$18.48B
Dividend yield
3.85% ($10.32)
Ex-dividend date
Sep 30, 2026
52-week range
238.46 – 303.35
Day range
267.96 – 272.15
Volume / Avg
346.11K / 498.38K
Beta
—
Next earnings
Nov 4, 2026

52-week range

$238.46$303.35

ESS stock today

On Oct 7, ESS ended the session at $268.05, shedding $4.44 (1.63%), versus the S&P 500's 0.22% decline. Shares are 11.6% below their 52-week high of $303.35, set on Jul 7, 2026 and 12.4% above the 52-week low of $238.46, in the middle of the past year's range. ESS is up 2.9% year to date, underperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 2.7%.

At 41.7x trailing earnings, Essex Property trades above the peer-group median of 23.6x. Its forward P/E of 42.6x is higher than the trailing multiple, which means analysts expect earnings to decline over the next year. Essex Property's next earnings report is expected on Nov 4, 2026. Essex Property pays an annual dividend of $10.32 per share, a 3.85% yield at the current price.

Summary generated from market data by MetaCap's automated system. Methodology

About Essex Property

Company profile

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 interests in 258 apartment communities comprising over 62,000 apartment homes with an additional property in active development.

Industry
Real Estate Investment Trusts
CEO
Ms. Angela L. Kleiman
Headquarters
San Mateo, CA
Employees
1,686
IPO year
1994

Financial highlights

Full financials

In fiscal 2025, Essex Property generated $1.89 billion in revenue, up 6.4% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $702.8 million (-13.4% year over year), for a net margin of 37.2% versus a median of 35.8% in the prior 5 years. Gross margin was 69.9% (down from 70.0%) and operating margin 47.6%.

Essex Property annual revenue, net income and EPS
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021
Revenue$1.89B$1.77B$1.67B$1.61B$1.44B
Growth+6.36%+6.29%+3.89%+11.54%-3.69%
Net income$702.77M$811.31M$430.71M$432.99M$515.69M
EPS (diluted)$10.40$11.54$6.32$6.27$7.51

Analyst forecast

Forecast

Consensus (26 analysts)

hold

Avg. price target

$304.07+13.44%

  • Strong buy 6
  • Buy 4
  • Hold 14
  • Sell 1
  • Strong sell 1

Target range

Low $239.00High $352.00

Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.

Earnings

Earnings history
Next report
Nov 4, 2026
EPS estimate
$4.01
Last reported (Q2 2026)
Jul 30, 2026
EPS actual vs est.
$0.97 vs —

Dividends

Dividend history
Annual dividend
$10.32
Last payment
$2.59
Ex-dividend date
Sep 30, 2026

Essex Property peers

Real Estate sector
ESS peer companies
CompanyPrice% ChgMarket capCompare
SBACSBA Communications Corporation Class A170.38+0.40%$18.08Bvs ESS
HSTHost Hotels & Resorts Inc.22.24-1.07%$15.45Bvs ESS
KIMKimco Realty Corporation (HC)21.85-1.31%$14.66Bvs ESS
LAMRLamar Advertising Company Class A143.24-1.04%$14.55Bvs ESS
WPCW. P. Carey Inc. REIT62.73-2.00%$14.29Bvs ESS
SUISun Communities Inc.110.79-1.14%$14.00Bvs ESS
OHIOmega Healthcare Investors Inc.43.75-2.28%$13.97Bvs ESS
MAAMid-America Apartment Communities Inc.114.21-2.38%$13.59Bvs ESS

Indexes, lists and sector

Essex Property stock FAQ

What is Essex Property's stock price today?

ESS last traded at $268.05 as of Oct 7, 4:00 PM EDT, down 1.63% on the day. Prices are delayed at least 15 minutes.

Does Essex Property pay a dividend?

Yes. Essex Property pays $10.32 per share annually, a 3.85% yield. The most recent dividend of $2.59 had an ex-dividend date of Sep 30, 2026.

When is Essex Property's next earnings date?

Essex Property is expected to report earnings on Wednesday, November 4, 2026. Analysts expect EPS of $4.01.

What is ESS's P/E ratio?

ESS trades at a trailing P/E ratio of 41.69 and a forward P/E of 42.55, compared with a median of 23.6 for its closest peers.

Is Essex Property in the S&P 500?

Yes. Essex Property (ESS) is a constituent of the S&P 500 index.

Who is Essex Property's CEO?

Ms. Angela L. Kleiman is the chief executive officer of Essex Property Trust Inc., which has about 1,686 employees.

What is the ESS 52-week high?

The 52-week high for ESS is $303.35 and the 52-week low is $238.46. The stock is currently 11.6% below its high.

Compare ESS