Essex Property Trust, Inc.
ESS
Last
$271.57
Day
+1.1%
1y
+3.7%
5y
-18.0%
52w
-11.5%
SPY YTD
+13.3%
XLRE
+1.2%
Earnings
2026-10-2717d
EMA 21
272.26
EMA 50
276.56
EMA 200
273.61
20d high
-3.2%
5y high
-26.1%
5y range
44th
Positions held
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Add it to see shares, cost, and P&L here.
Score
-13
Hold
avoid
Signal
Sell
Target
$276.32
Stop
$262.13
Stop distance
3.5%
Target vs last
+1.8%
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
Bull case
- Essex Property Trust operates in a competitive residential REIT market, focusing on high-demand areas which can drive rental income.
- In Q2 2026, Essex reported a revenue increase of 1% compared to the previous quarter, reaching $489 million.
- The gross margin improved to 68.4% in Q2 2026, up from 68.1% in Q1 2026.
Bear case
- The company's earnings growth has been negative, indicating potential challenges in profitability and operational efficiency.
- Essex's operating margin compressed to 22% in Q2 2026, down from 31.3% in Q1 2026.
- The overall score indicates a 'Sell' signal with a score of -7.00, reflecting negative trends in key performance indicators.
Fundamentals
| Market cap | $18.51B | Enterprise value | $24.13B | Trailing P/E | 41.77 | Forward P/E | 42.63 |
| PEG | 7.02 | Price / book | 3.24 | Beta | 0.72 | Dividend yield | 3.86% |
| Revenue growth | 3.1% | Earnings growth | -71.8% | Gross margin | 68.8% | Operating margin | 34.0% |
| Profit margin | 20.9% | ROE | 7.7% | ROA | 3.0% | Debt / equity | 1.22 |
| Current ratio | 0.25 | Free cash flow | $1.04B | Analyst recommendation | hold | Mean target | $304.07 |
| 52w high | $303.35 | 52w low | $238.46 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $489M | $485M | $480M | $473M | $470M | — |
| Op margin | 22.0% | 31.3% | 31.7% | 31.7% | 32.7% | — |
| Net income | $62.5M | $106M | $80.6M | $165M | $221M | — |
| Gross margin | 68.4% | 68.1% | 67.9% | 67.1% | 68.6% | — |
| Gross profit | $335M | $330M | $326M | $318M | $322M | — |
| Operating income | $108M | $152M | $152M | $150M | $154M | — |
- Revenue +1% vs prior quarter ($489M vs $485M).
- Gross margin 68.4% (was 68.1% prior quarter).
- Operating margin compressed to 22%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.7B | $1.6B | — |
| Op margin | 31.9% | 29.8% | 31.5% | 31.9% | — |
| Net income | $670M | $742M | $406M | $408M | — |
| Gross margin | 67.8% | 68.1% | 68.2% | 68.4% | — |
| Gross profit | $1.3B | $1.2B | $1.1B | $1.1B | — |
| Operating income | $602M | $529M | $525M | $513M | — |
Headline scan
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
No headlines.
Price (daily)
Full chart · RSI · MACD · patternsESS · daily+0.3% over 260 sessions
Close EMA21 EMA50 EMA200
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin