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NYSE: ESS
Essex Property Trust, Inc.
Real Estate · REIT - Residential
●S&P 500 since 2014
Market Cap
$15.91B
52w High
$310.10
52w Low
$243.25
P/E
23.65
Volume
326.25K
Outstanding Shares
64.48M
Company profile
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.
CEOAngela L. Kleiman
SectorReal Estate
IndustryREIT - Residential
Employees1,712
IPO dateJun 7, 1994
Valuation
Forward P/E—
EV/EBITDA15.16
Enterprise value$23.69B
Price / Book2.87
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth5.54%
Gross margin68.82%▲1.12%vs FY2024
Operating margin43.88%▲10.75%vs FY2024
ROE12.14%▼9.38%vs FY2024
Analyst consensus
RatingHold
Target price$280.40▲13.66%
15
Buy
27
Hold
4
Sell
⚠ Analyst ratings tend to be lagging indicators — upgrades often follow price gains rather than precede them. Use as one signal among many.
Earnings
Last 3 reported quarters plus the next estimate. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
View
EPS
Actual vs estimate by quarter
Q3'25
ActualEst.
$4.03
$3.99
Q4'25
ActualEst.
$3.97
$3.96
Q1'26
ActualEst.
$3.98
$1.45
Q2'26
Next Est.
—
Revenue
Actual vs estimate by quarter
Q3'25
ActualEst.
$469.83M
$472.68M
Q4'25
ActualEst.
$473.3M
$474.66M
Q1'26
ActualEst.
$479.63M
$476.39M
Q2'26
Next Est.
—