Essex Property Trust (ESS) Projected to Post Earnings on Wednesday

Essex Property Trust (NYSE:ESS) is expected to post its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Essex Property Trust to announce earnings of $1.46 per share and revenue of $485.5160 million for the quarter. Essex Property Trust has set its Q2 2026 guidance at 3.920-4.040 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 30, 2026 at 2:00 PM ET.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $1.65 earnings per share for the quarter, missing the consensus estimate of $3.96 by ($2.31). Essex Property Trust had a net margin of 30.03% and a return on equity of 10.00%. The firm had revenue of $484.76 million for the quarter, compared to analysts’ expectations of $479.89 million. During the same period in the previous year, the company earned $3.97 EPS. On average, analysts expect Essex Property Trust to post $16 EPS for the current fiscal year and $17 EPS for the next fiscal year.

Essex Property Trust Price Performance

ESS opened at $293.66 on Wednesday. The stock’s 50 day moving average price is $283.94 and its 200-day moving average price is $264.27. Essex Property Trust has a 52-week low of $238.46 and a 52-week high of $303.35. The stock has a market capitalization of $18.87 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 12.67 and a beta of 0.70. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.98 and a current ratio of 0.98.

Essex Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $2.59 dividend. This represents a $10.36 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, June 30th. Essex Property Trust’s dividend payout ratio (DPR) is currently 116.40%.

Analysts Set New Price Targets

ESS has been the topic of several recent analyst reports. Sanford C. Bernstein assumed coverage on shares of Essex Property Trust in a research report on Friday, June 26th. They set an “outperform” rating and a $320.00 price objective on the stock. Piper Sandler upped their price target on Essex Property Trust from $310.00 to $352.00 and gave the stock an “overweight” rating in a research report on Tuesday. Jefferies Financial Group raised Essex Property Trust from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Essex Property Trust in a research note on Monday. Finally, Truist Financial increased their target price on Essex Property Trust from $273.00 to $286.00 and gave the stock a “hold” rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $298.18.

Insider Buying and Selling at Essex Property Trust

In related news, Director Mary Kasaris sold 600 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $279.45, for a total transaction of $167,670.00. Following the completion of the transaction, the director owned 2,394 shares in the company, valued at approximately $669,003.30. This represents a 20.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.47% of the company’s stock.

Institutional Trading of Essex Property Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Woodline Partners LP purchased a new stake in Essex Property Trust in the 1st quarter worth $1,664,000. Focus Partners Wealth purchased a new position in Essex Property Trust in the 1st quarter worth about $223,000. EverSource Wealth Advisors LLC lifted its holdings in Essex Property Trust by 70.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 279 shares of the real estate investment trust’s stock valued at $79,000 after buying an additional 115 shares in the last quarter. First Trust Advisors LP lifted its holdings in Essex Property Trust by 186.2% during the 2nd quarter. First Trust Advisors LP now owns 33,614 shares of the real estate investment trust’s stock valued at $9,526,000 after buying an additional 21,871 shares in the last quarter. Finally, Bank of Nova Scotia boosted its position in Essex Property Trust by 10.9% in the 2nd quarter. Bank of Nova Scotia now owns 8,274 shares of the real estate investment trust’s stock valued at $2,345,000 after buying an additional 811 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Essex Property Trust Company Profile

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long‑term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.