Essex Property Trust (NYSE:ESS) Price Target Raised to $281.00 at Robert W. Baird

Essex Property Trust (NYSE:ESS) had its target price hoisted by stock analysts at Robert W. Baird from $279.00 to $281.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. Robert W. Baird’s target price suggests a potential upside of 9.80% from the company’s current price.

A number of other equities analysts have also commented on ESS. Scotiabank reduced their price objective on Essex Property Trust from $294.00 to $284.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, November 4th. Jefferies Financial Group reiterated a “hold” rating and set a $282.00 price target (down from $304.00) on shares of Essex Property Trust in a research report on Monday, December 15th. Barclays restated a “positive” rating and issued a $292.00 price objective on shares of Essex Property Trust in a research report on Tuesday, January 13th. Truist Financial dropped their target price on shares of Essex Property Trust from $283.00 to $273.00 and set a “hold” rating for the company in a research note on Tuesday, December 16th. Finally, UBS Group increased their price target on shares of Essex Property Trust from $267.00 to $274.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $283.69.

Essex Property Trust Price Performance

Essex Property Trust stock traded up $0.80 during trading hours on Monday, hitting $255.91. 189,615 shares of the stock were exchanged, compared to its average volume of 581,710. The stock has a market capitalization of $16.50 billion, a P/E ratio of 24.58, a P/E/G ratio of 8.02 and a beta of 0.73. The business’s 50-day moving average is $255.60 and its two-hundred day moving average is $259.13. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.03 and a current ratio of 1.03. Essex Property Trust has a 12 month low of $243.25 and a 12 month high of $316.29.

Essex Property Trust (NYSE:ESS) last announced its earnings results on Wednesday, February 4th. The real estate investment trust reported $3.98 EPS for the quarter, missing the consensus estimate of $4.00 by ($0.02). The business had revenue of $479.63 million during the quarter, compared to analyst estimates of $474.66 million. Essex Property Trust had a return on equity of 11.61% and a net margin of 35.48%.During the same period in the previous year, the firm earned $3.92 earnings per share. Essex Property Trust has set its FY 2026 guidance at 15.690-16.190 EPS and its Q1 2026 guidance at 3.890-4.010 EPS. Equities research analysts expect that Essex Property Trust will post 15.96 EPS for the current fiscal year.

Institutional Trading of Essex Property Trust

A number of large investors have recently modified their holdings of ESS. Nemes Rush Group LLC purchased a new position in shares of Essex Property Trust during the fourth quarter worth about $27,000. Generali Asset Management SPA SGR bought a new stake in Essex Property Trust during the fourth quarter valued at approximately $29,000. Hantz Financial Services Inc. grew its stake in Essex Property Trust by 57.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 115 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 42 shares in the last quarter. Tobam grew its stake in Essex Property Trust by 167.3% in the 2nd quarter. Tobam now owns 131 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 82 shares in the last quarter. Finally, True Wealth Design LLC increased its holdings in shares of Essex Property Trust by 120.0% in the 4th quarter. True Wealth Design LLC now owns 176 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 96 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

About Essex Property Trust

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.