Essex Property Trust Inc

Essex Property Trust Inc (ESS) Stock Analysis

$269.660

+0.297 (+0.11%)At close

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High
274.295
Open
273.210
VWAP
271.07
Volume
427.18K
Mkt Cap
17.55B
Low
269.250
Amount
115.79M
EV/EBITDA, TTM
20.09

Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company acquires, develops, redevelops, and manages apartment communities in selected residential areas located on the West Coast of the United States. The Company defines its operating segments as the three geographical regions in which its communities are located: Southern California, Northern California, and Seattle metro. It has ownership interests in approximately 257 apartment communities comprising over 62,000 apartment homes. The Company owns all of its interests in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. It invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. It focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities.

Analyst Ratings (26)

+18.18% upside
Hold
8 Buy
16 Hold
2 Sell
Current: 269.66
Low
293.00
Average
318.68
High
355.00

Piper Sandler

2026-10-12

Price Target

$326

Overweight

Evercore ISI

2026-09-21

Price Target

$299

Outperform

UBS

2026-09-15

Price Target

$286

Neutral

Mizuho

2026-09-08

Price Target

$295

Neutral

Cantor Fitzgerald

2026-08-03

Price Target

$316

Overweight

Valuation Metrics

The current forward P/E ratio for Essex Property Trust Inc (ESS) is 48.02, compared to its 5-year average forward P/E of 46.55.

Forward P/E

Fair
5Y Average P/E
46.55
Current P/E
48.02
Overvalued
58.15
Undervalued
34.95

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
20.32
Current EV/EBITDA
20.09
Overvalued
23.31
Undervalued
17.34

Forward P/S

Fair
5Y Average P/S
10.14
Current P/S
9.92
Overvalued
12.08
Undervalued
8.19

Alphio AI Price Scenarios for ESS

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%ESS

$340.73

Scenario price

B

Base

Base · 50%ESS

$307.87

Scenario price

B

Bear

Bear · 25%ESS

$286.16

Scenario price

Whales holding ESS

L

Lido Advisors, LLC

+ HoldingESS

+4.93%

3M Return

C

Cohen & Steers Capital Management, Inc.

+ HoldingESS

-5.61%

3M Return

R

Resolution Capital Limited

+ HoldingESS

-6.26%

3M Return

D

Duff & Phelps Investment Management Co.

+ HoldingESS

-6.53%

3M Return

A

AEW Capital Management LP

+ HoldingESS

-6.76%

3M Return

H

Heitman Real Estate Securities LLC

+ HoldingESS

-8.96%

3M Return

ESS FAQ — answered by Alphio AI

Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company acquires, develops, redevelops, and manages apartment communities in selected residential areas located on the West Coast of the United States. The Company defines its operating segments as the three geographical regions in which its communities are located: Southern California, Northern California, and Seattle metro. It has ownership interests in approximately 257 apartment communities comprising over 62,000 apartment homes. The Company owns all of its interests in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. It invests primarily in apartment communities that are located in predominantly coastal markets within Southern California, Northern California, and the Seattle metropolitan area. It focuses on acquiring and developing apartment communities in supply constrained markets and redeveloping its existing communities. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).

26 analysts cover ESS: 8 rate it Buy, 16 Hold and 2 Sell. The average price target is 318.68.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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