What is Zacks Research’s Estimate for ESS FY2025 Earnings?

Essex Property Trust, Inc. (NYSE:ESS) – Equities researchers at Zacks Research increased their FY2025 EPS estimates for Essex Property Trust in a report issued on Tuesday, January 7th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings of $15.97 per share for the year, up from their prior estimate of $15.95. The consensus estimate for Essex Property Trust’s current full-year earnings is $15.57 per share. Zacks Research also issued estimates for Essex Property Trust’s Q3 2026 earnings at $4.10 EPS, Q4 2026 earnings at $4.18 EPS and FY2026 earnings at $16.57 EPS.

A number of other research analysts also recently issued reports on the stock. Raymond James downgraded shares of Essex Property Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, October 21st. Evercore ISI boosted their price target on shares of Essex Property Trust from $283.00 to $287.00 and gave the company an “in-line” rating in a research report on Monday, September 16th. Barclays began coverage on shares of Essex Property Trust in a report on Tuesday, December 17th. They issued an “equal weight” rating and a $316.00 price objective for the company. Bank of America downgraded Essex Property Trust from a “buy” rating to a “neutral” rating and upped their target price for the stock from $307.00 to $321.00 in a report on Tuesday, September 24th. Finally, Scotiabank lifted their price target on Essex Property Trust from $309.00 to $329.00 and gave the company a “sector outperform” rating in a research report on Monday, September 16th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $305.17.

Essex Property Trust Price Performance

ESS opened at $272.83 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market capitalization of $17.53 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 5.90 and a beta of 0.92. The stock’s 50 day moving average price is $294.15 and its 200-day moving average price is $291.32. Essex Property Trust has a 52-week low of $223.06 and a 52-week high of $317.73.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.88 by ($2.04). Essex Property Trust had a net margin of 31.55% and a return on equity of 9.72%. The business had revenue of $450.70 million for the quarter, compared to analysts’ expectations of $445.88 million. During the same quarter in the prior year, the firm earned $3.78 EPS.

Essex Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be paid a $2.45 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $9.80 annualized dividend and a dividend yield of 3.59%. Essex Property Trust’s dividend payout ratio is presently 114.49%.

Institutional Investors Weigh In On Essex Property Trust

Several institutional investors and hedge funds have recently made changes to their positions in ESS. Assetmark Inc. boosted its stake in Essex Property Trust by 2,400.0% during the 3rd quarter. Assetmark Inc. now owns 100 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 96 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Essex Property Trust during the third quarter valued at $39,000. Continuum Advisory LLC boosted its position in shares of Essex Property Trust by 104.5% during the third quarter. Continuum Advisory LLC now owns 225 shares of the real estate investment trust’s stock valued at $68,000 after buying an additional 115 shares during the last quarter. Sentry Investment Management LLC bought a new stake in Essex Property Trust in the 3rd quarter worth about $89,000. Finally, Exchange Traded Concepts LLC lifted its stake in Essex Property Trust by 1,247.2% during the 3rd quarter. Exchange Traded Concepts LLC now owns 485 shares of the real estate investment trust’s stock valued at $143,000 after acquiring an additional 449 shares during the period. Institutional investors 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.