Essex Property Trust (NYSE:ESS) 주식

Essex Property Trust

Essex Property Trust owns a portfolio of 254 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.

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News

Dividends

Essex Increases Dividend From $2.45 To $2.57

<p>Barclays  analyst Richard Hightower   maintains Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) with a Equal-Weight and raises the price target from $302 to $304.</p>


Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on Essex Property Trust, Raises Price Target to $304

<p>Evercore ISI Group  analyst Steve Sakwa   maintains Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) with a In-Line and raises the price target from $297 to $302.</p>


Evercore ISI Group Maintains In-Line on Essex Property Trust, Raises Price Target to $302

<p>Across the recent three months, 8 analysts have shared their insights on Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $307.62, along with a high estimate of $316.00 and a low estimate of $300.00. Highlighting a 1.45% decrease, the current average has fallen from the previous average price target of $312.14. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1738872059_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>A clear picture of Essex Property Trust's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$302.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$305.00</td>
<td>$314.00</td>
</tr>
<tr>
<td>Richard Hightower</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$302.00</td>
<td>$316.00</td>
</tr>
<tr>
<td>Omotayo Okusanya</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$310.00</td>
<td>$308.00</td>
</tr>
<tr>
<td>John Kim</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$310.00</td>
<td>$323.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Anthony Paolone</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$303.00</td>
<td>$297.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$316.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Essex Property Trust. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Essex Property Trust compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>For valuable insights into Essex Property Trust's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/ESS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Essex Property Trust analyst ratings.</strong></a></p>
<h2>Delving into Essex Property Trust's Background</h2>
<p>Essex Property Trust owns a portfolio of 254 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.</p>
<h3>Breaking Down Essex Property Trust's Financial Performance</h3>
<p><strong>Market Capitalization:</strong> Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.</p>
<p><strong>Revenue Growth:</strong> Essex Property Trust's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of <strong>7.52%</strong>. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Essex Property Trust's net margin excels beyond industry benchmarks, reaching <strong>26.28%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>2.17%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Essex Property Trust's ROA excels beyond industry benchmarks, reaching <strong>0.94%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Essex Property Trust's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>1.18</strong>.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.</p>
<p>If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Demystifying Essex Property Trust: Insights From 8 Analyst Reviews

<p>RBC Capital  analyst Brad Heffern   maintains Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) with a Outperform and raises the price target from $302 to $315.</p>


RBC Capital Maintains Outperform on Essex Property Trust, Raises Price Target to $315

<p>JMP Securities  analyst Aaron Hecht   reiterates Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) from Market Perform to Market Perform.</p>


Reiteration

JMP Securities Reiterates Market Perform on Essex Property Trustto Market Perform

WIIM

Essex Property Trust shares are trading higher after the company reported better-than-expected Q4 FFO results.

<p><strong>Essex Property Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) announced its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's a breakdown of the earnings report.</p>
<h3>Earnings</h3>
<p>Essex Property Trust beat estimated earnings by 1.0%, reporting an EPS of $3.92 versus an estimate of $3.9.</p>
<p>Revenue was up $41.72 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>The company beat on EPS by $0.03 in the last quarter, resulting in a 1.0% drop share price change the following day.</p>
<p>Here's a look at Essex Property Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>3.88</td>
<td>3.85</td>
<td>3.74</td>
<td>3.81</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>3.91</td>
<td>3.94</td>
<td>3.83</td>
<td>3.83</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>445.88M</td>
<td>431.82M</td>
<td>422.38M</td>
<td>419.74M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>450.70M</td>
<td>442.36M</td>
<td>426.93M</td>
<td>412.75M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Essex Property Trust management provided guidance for FY 2025, expecting earnings between $15.56 and $16.06 per share.</p>
<p>To track all earnings releases for Essex Property Trust <a href="https://www.benzinga.com/quote/ESS/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings

Insights into Essex Property Trust Q4 Earnings

<p><strong>Essex Property Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) announced its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's a breakdown of the earnings report.</p>
<h3>Earnings</h3>
<p>Essex Property Trust beat estimated earnings by 1.0%, reporting an EPS of $3.92 versus an estimate of $3.9.</p>
<p>Revenue was up $41.72 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat on EPS by $0.03 which was followed by a 1.0% drop in the share price the next day.</p>
<p>Here's a look at Essex Property Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>3.88</td>
<td>3.85</td>
<td>3.74</td>
<td>3.81</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>3.91</td>
<td>3.94</td>
<td>3.83</td>
<td>3.83</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>445.88M</td>
<td>431.82M</td>
<td>422.38M</td>
<td>419.74M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>450.70M</td>
<td>442.36M</td>
<td>426.93M</td>
<td>412.75M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Essex Property Trust management provided guidance for FY 2025, expecting earnings between $15.56 and $16.06 per share.</p>
<p>To track all earnings releases for Essex Property Trust <a href="https://www.benzinga.com/quote/ESS/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Essex Property Trust Earnings Analysis: Q4 Recap

<p><strong>Essex Property Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) released its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's what's important from the earnings announcement.</p>
<h3>Earnings</h3>
<p>Essex Property Trust beat estimated earnings by 1.0%, reporting an EPS of $3.92 versus an estimate of $3.9.</p>
<p>Revenue was up $41.72 million from the same period last year.</p>
<h3>Previous Earnings Records</h3>
<p>Last quarter the company beat on EPS by $0.03 which was followed by a 1.0% drop in the share price the next day.</p>
<p>Here's a look at Essex Property Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>3.88</td>
<td>3.85</td>
<td>3.74</td>
<td>3.81</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>3.91</td>
<td>3.94</td>
<td>3.83</td>
<td>3.83</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>445.88M</td>
<td>431.82M</td>
<td>422.38M</td>
<td>419.74M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>450.70M</td>
<td>442.36M</td>
<td>426.93M</td>
<td>412.75M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Essex Property Trust management provided guidance for FY 2025, expecting earnings between $15.56 and $16.06 per share.</p>
<p>To track all earnings releases for Essex Property Trust <a href="https://www.benzinga.com/quote/ESS/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Essex Property Trust Earnings Review: Q4 Summary

<p><strong>Essex Property Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) just disclosed its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.</p>
<p>Here's a brief overview of the earnings report.</p>
<h3>Earnings</h3>
<p>Essex Property Trust beat estimated earnings by 1.0%, reporting an EPS of $3.92 versus an estimate of $3.9.</p>
<p>Revenue was up $41.72 million from the same period last year.</p>
<h3>Earnings History Overview</h3>
<p>In the previous quarter, the company beat on EPS by $0.03, resulting in a 1.0% drop change in the share price the following day.</p>
<p>Here's a look at Essex Property Trust's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>3.88</td>
<td>3.85</td>
<td>3.74</td>
<td>3.81</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>3.91</td>
<td>3.94</td>
<td>3.83</td>
<td>3.83</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>445.88M</td>
<td>431.82M</td>
<td>422.38M</td>
<td>419.74M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>450.70M</td>
<td>442.36M</td>
<td>426.93M</td>
<td>412.75M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Essex Property Trust management provided guidance for FY 2025, expecting earnings between $15.56 and $16.06 per share.</p>
<p>To track all earnings releases for Essex Property Trust <a href="https://www.benzinga.com/quote/ESS/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings Breakdown: Essex Property Trust Q4

Guidance

Essex Property Trust Sees 2025 Core FFO $3.86-$3.98

<p>Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) reported quarterly earnings of $3.92 per share which beat the analyst consensus estimate of $3.90 by 0.51 percent. This is a 2.35 percent increase over earnings of $3.83 per share from the same period last year.</p>


Earnings Beats

Essex Property Trust Q4 2024 Core FFO $3.92 Beats $3.90 Estimate

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Earnings Scheduled For February 4, 2025

<p>Wells Fargo  analyst James Feldman   maintains Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) with a Equal-Weight and lowers the price target from $314 to $305.</p>


Wells Fargo Maintains Equal-Weight on Essex Property Trust, Lowers Price Target to $305

<p>Barclays  analyst Richard Hightower   maintains Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) with a Equal-Weight and lowers the price target from $316 to $302.</p>


Barclays Maintains Equal-Weight on Essex Property Trust, Lowers Price Target to $302

<p>Deutsche Bank  analyst Omotayo Okusanya   upgrades Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>) from Hold to Buy and raises the price target from $308 to $310.</p>


Upgrades

Deutsche Bank Upgrades Essex Property Trust to Buy, Raises Price Target to $310

<p>Across the recent three months, 4 analysts have shared their insights on Essex Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for Essex Property Trust, revealing an average target of $307.25, a high estimate of $316.00, and a low estimate of $300.00. Observing a downward trend, the current average is 2.46% lower than the prior average price target of $315.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1736802036_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>The perception of Essex Property Trust by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Kim</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$310.00</td>
<td>$323.00</td>
</tr>
<tr>
<td>Vikram Malhorta</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Anthony Paolone</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$303.00</td>
<td>$297.00</td>
</tr>
<tr>
<td>Anthony Powell</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$316.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Essex Property Trust. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Essex Property Trust compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Essex Property Trust's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Capture valuable insights into Essex Property Trust's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/ESS/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Essex Property Trust analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Essex Property Trust</h2>
<p>Essex Property Trust owns a portfolio of 254 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.</p>
<h3>Essex Property Trust: Financial Performance Dissected</h3>
<p><strong>Market Capitalization:</strong> Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.</p>
<p><strong>Revenue Growth:</strong> Essex Property Trust displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately <strong>7.52%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.</p>
<p><strong>Net Margin:</strong> Essex Property Trust's net margin is impressive, surpassing industry averages. With a net margin of <strong>26.28%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Essex Property Trust's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>2.17%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> Essex Property Trust's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>0.94%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> Essex Property Trust's debt-to-equity ratio is below the industry average at <strong>1.18</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>Analyst Ratings: What Are They?</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p><strong>Breaking: Wall Street's Next Big Mover</strong></p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Expert Outlook: Essex Property Trust Through The Eyes Of 4 Analysts

Essex Property Trust shares are trading higher after BMO capital upgraded the stock from Market Perform to Outperform.

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Essex Property Trust Prices $200 Million Add-On Offering of its Senior Notes Due 2034 with a Reoffer Yield of 5.110%

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Essex Announces Fourth Quarter and Full-Year 2024 Results and Provides 2025 Guidance

Essex Property Trust Prices $400 Million of Senior Notes

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