Q2 EPS Estimate for Essex Property Trust Cut by Analyst

Essex Property Trust, Inc. (NYSE:ESS) – Stock analysts at Zacks Research dropped their Q2 2025 EPS estimates for shares of Essex Property Trust in a research note issued on Tuesday, February 25th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $4.00 for the quarter, down from their prior estimate of $4.01. The consensus estimate for Essex Property Trust’s current full-year earnings is $15.96 per share. Zacks Research also issued estimates for Essex Property Trust’s Q3 2025 earnings at $3.97 EPS, FY2025 earnings at $15.92 EPS, Q1 2026 earnings at $4.12 EPS, Q2 2026 earnings at $4.12 EPS, Q4 2026 earnings at $4.14 EPS and FY2026 earnings at $16.51 EPS.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $3.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $2.52. Essex Property Trust had a net margin of 41.79% and a return on equity of 13.05%.

Several other brokerages also recently issued reports on ESS. Royal Bank of Canada upped their price target on shares of Essex Property Trust from $302.00 to $315.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Wells Fargo & Company reduced their price objective on shares of Essex Property Trust from $314.00 to $305.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. JMP Securities reiterated a “market perform” rating on shares of Essex Property Trust in a report on Thursday, February 6th. Evercore ISI lifted their price target on shares of Essex Property Trust from $297.00 to $302.00 and gave the company an “in-line” rating in a report on Monday, February 10th. Finally, BMO Capital Markets raised shares of Essex Property Trust from a “market perform” rating to an “outperform” rating and cut their target price for the company from $323.00 to $310.00 in a research note on Monday, January 13th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $306.63.

Essex Property Trust Trading Up 2.6 %

Shares of Essex Property Trust stock opened at $311.80 on Friday. The firm has a market cap of $20.04 billion, a price-to-earnings ratio of 27.02, a price-to-earnings-growth ratio of 6.84 and a beta of 0.92. Essex Property Trust has a 52-week low of $226.84 and a 52-week high of $317.73. The company’s 50-day simple moving average is $286.44 and its 200-day simple moving average is $293.76. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.15.

Essex Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $2.57 per share. The ex-dividend date is Monday, March 31st. This represents a $10.28 dividend on an annualized basis and a dividend yield of 3.30%. This is an increase from Essex Property Trust’s previous quarterly dividend of $2.45. Essex Property Trust’s dividend payout ratio (DPR) is currently 89.08%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Investment Management LLC bought a new stake in Essex Property Trust in the fourth quarter valued at approximately $25,000. Assetmark Inc. raised its position in shares of Essex Property Trust by 2,400.0% during the third quarter. Assetmark Inc. now owns 100 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 96 shares during the period. Brooklyn Investment Group purchased a new stake in Essex Property Trust in the 3rd quarter valued at $39,000. UMB Bank n.a. raised its position in Essex Property Trust by 37.5% in the 4th quarter. UMB Bank n.a. now owns 154 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 42 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Essex Property Trust in the 4th quarter valued at $45,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

About Essex Property Trust

Essex Property Trust, Inc, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.