Equities Analysts Offer Predictions for Essex Property Trust, Inc.’s Q1 2025 Earnings (NYSE:ESS)

Essex Property Trust, Inc. (NYSE:ESS) – Equities researchers at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of Essex Property Trust in a research report issued to clients and investors on Wednesday, July 24th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $3.85 per share for the quarter, up from their previous forecast of $3.80. The consensus estimate for Essex Property Trust’s current full-year earnings is $15.41 per share. Zacks Research also issued estimates for Essex Property Trust’s Q2 2025 earnings at $3.88 EPS, Q3 2025 earnings at $3.95 EPS, Q4 2025 earnings at $4.05 EPS, FY2025 earnings at $15.73 EPS and Q1 2026 earnings at $4.12 EPS.

Several other equities analysts have also commented on ESS. Truist Financial raised their target price on shares of Essex Property Trust from $255.00 to $282.00 and gave the company a “hold” rating in a report on Monday, June 24th. UBS Group upped their target price on Essex Property Trust from $261.00 to $283.00 and gave the stock a “neutral” rating in a research note on Thursday, July 18th. Piper Sandler reiterated an “overweight” rating and issued a $315.00 target price on shares of Essex Property Trust in a research report on Friday, June 28th. Evercore ISI increased their target price on shares of Essex Property Trust from $254.00 to $260.00 and gave the stock an “in-line” rating in a report on Tuesday, July 9th. Finally, Mizuho lifted their price target on shares of Essex Property Trust from $250.00 to $266.00 and gave the company a “buy” rating in a report on Thursday, May 30th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $262.15.

Essex Property Trust Stock Down 1.1 %

ESS stock opened at $282.72 on Friday. Essex Property Trust has a 52 week low of $203.85 and a 52 week high of $292.37. The business has a 50-day simple moving average of $272.45 and a 200 day simple moving average of $251.92. The company has a quick ratio of 3.19, a current ratio of 3.19 and a debt-to-equity ratio of 1.14. The company has a market cap of $18.15 billion, a PE ratio of 34.56, a price-to-earnings-growth ratio of 4.00 and a beta of 0.86.

Essex Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 24th. Stockholders of record on Friday, June 28th were paid a $2.45 dividend. This represents a $9.80 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date of this dividend was Friday, June 28th. Essex Property Trust’s dividend payout ratio is currently 119.80%.

Insider Buying and Selling at Essex Property Trust

In other Essex Property Trust news, CEO Angela L. Kleiman sold 3,780 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $278.27, for a total value of $1,051,860.60. Following the transaction, the chief executive officer now directly owns 9,494 shares of the company’s stock, valued at $2,641,895.38. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, CEO Angela L. Kleiman sold 3,780 shares of Essex Property Trust stock in a transaction on Friday, June 21st. The shares were sold at an average price of $278.27, for a total value of $1,051,860.60. Following the completion of the sale, the chief executive officer now owns 9,494 shares in the company, valued at approximately $2,641,895.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Keith R. Guericke sold 10,000 shares of the stock in a transaction on Friday, June 14th. The stock was sold at an average price of $274.57, for a total transaction of $2,745,700.00. Following the transaction, the director now directly owns 16,118 shares in the company, valued at $4,425,519.26. The disclosure for this sale can be found here. Insiders own 3.80% of the company’s stock.

Institutional Trading of Essex Property Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lindbrook Capital LLC grew its stake in Essex Property Trust by 111.5% in the fourth quarter. Lindbrook Capital LLC now owns 110 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 58 shares during the period. Continuum Advisory LLC grew its position in Essex Property Trust by 214.3% in the 2nd quarter. Continuum Advisory LLC now owns 110 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 75 shares during the period. Family Firm Inc. bought a new stake in Essex Property Trust during the 2nd quarter valued at $31,000. Venturi Wealth Management LLC raised its holdings in Essex Property Trust by 112.3% during the first quarter. Venturi Wealth Management LLC now owns 138 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 73 shares during the last quarter. Finally, Vima LLC acquired a new position in Essex Property Trust during the fourth quarter worth $40,000. 96.51% of the stock is owned by institutional investors.

Essex Property Trust 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. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.