Essex Property Trust (ESS) Set to Announce Quarterly Earnings on Tuesday

Essex Property Trust (NYSE:ESS) will likely be releasing its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect the company to announce earnings of $1.47 per share and revenue of $491.01 million for the quarter. Essex Property Trust has set its Q3 2026 guidance at 3.930-4.050 EPS and its FY 2026 guidance at 16.030-16.250 EPS. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 12:00 PM ET.

Essex Property Trust (NYSE:ESS) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $4.08 EPS for the quarter, beating the consensus estimate of $1.46 by $2.62. The company had revenue of $489.05 million for the quarter, compared to the consensus estimate of $485.12 million. Essex Property Trust had a net margin of 21.48% and a return on equity of 7.33%. During the same period in the prior year, the firm posted $4.03 EPS. On average, analysts expect Essex Property Trust to post $16.11 EPS for the current fiscal year and $16.71 EPS for the next fiscal year.

Essex Property Trust Stock Down 1.3%

NYSE:ESS opened at $278.71 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.60 and a current ratio of 0.60. The firm has a market cap of $17.91 billion, a P/E ratio of 43.35, a P/E/G ratio of 8.27 and a beta of 0.70. Essex Property Trust has a fifty-two week low of $238.46 and a fifty-two week high of $303.35. The firm has a 50-day simple moving average of $276.10 and a two-hundred day simple moving average of $277.05.

Essex Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $2.59 dividend. This represents a $10.36 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, September 30th. Essex Property Trust’s dividend payout ratio is currently 161.12%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ESS. Cantor Fitzgerald increased their price target on shares of Essex Property Trust from $291.00 to $316.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Royal Bank Of Canada reduced their price target on shares of Essex Property Trust from $312.00 to $298.00 and set an “outperform” rating for the company in a research report on Tuesday, October 13th. Scotiabank decreased their price objective on shares of Essex Property Trust from $307.00 to $293.00 and set a “sector outperform” rating for the company in a report on Thursday, September 17th. Evercore set a $299.00 price objective on Essex Property Trust in a research report on Monday, September 21st. Finally, Wells Fargo & Company lowered their price objective on Essex Property Trust from $297.00 to $279.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $298.99.

Essex Property Trust Company Profile

Essex Property Trust, Inc is a self-administered and self-managed real estate investment trust that owns, develops, redevelops, and manages multifamily apartment communities. The company focuses on providing rental housing in high-demand markets and generates revenue primarily from apartment rents and related resident services.

Founded in 1971 and headquartered in San Mateo, California, Essex operates primarily in Southern California, the San Francisco Bay Area, and the Seattle metropolitan area.