Essex Property Trust (ESS) Stock Forecast, Price Target & Predictions
ESS Stock Forecast
Essex Property Trust stock forecast is as follows: an average price target of $298.00 (represents a -2.46% downside from ESS’s last price of $305.53) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.
ESS Price Target
ESS Analyst Ratings
Buy
Essex Property Trust Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 24, 2024 | Joshua Dennerlein | Bank of America Securities | - | - | 3.67% | 5.06% |
Sep 04, 2024 | Julien Blouin | Goldman Sachs | - | - | 5.06% | 4.08% |
Aug 26, 2024 | Mike Lewis | Truist Financial | - | - | -0.21% | -3.77% |
Aug 26, 2024 | Alexander Goldfarb | Piper Sandler | - | - | 19.90% | 16.19% |
Jun 28, 2024 | Alexander Goldfarb | Piper Sandler | - | - | 15.22% | 3.10% |
Jun 14, 2024 | Nicholas Yulico | Scotiabank | - | - | 2.82% | -6.72% |
May 30, 2024 | Robert Stevenson | Mizuho Securities | - | - | 5.18% | -12.94% |
May 28, 2024 | Amanda Sweitzer | Robert W. Baird | - | - | 1.77% | -13.59% |
May 14, 2024 | Adam Kramer | Morgan Stanley | - | - | -4.05% | -18.17% |
Apr 09, 2024 | Michael Lewis | Truist Financial | - | - | 4.72% | -16.54% |
10
Essex Property Trust Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 4 | 13 |
Avg Price Target | - | $322.00 | $284.38 |
Last Closing Price | $305.53 | $305.53 | $305.53 |
Upside/Downside | -100.00% | 5.39% | -6.92% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 21, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
Oct 01, 2024 | RBC Capital | Outperform | Outperform | Hold |
Sep 24, 2024 | Bank of America Securities | Buy | Neutral | Downgrade |
Sep 16, 2024 | Evercore ISI | Positive | Positive | Hold |
Sep 16, 2024 | Scotiabank | Outperform | Outperform | Hold |
Sep 11, 2024 | Exane BNP Paribas | Outperform | Initialise | |
Sep 10, 2024 | Deutsche Bank | Hold | Hold | Hold |
Sep 05, 2024 | Zelman | Neutral | Initialise | |
Sep 04, 2024 | Goldman Sachs | Buy | Neutral | Initialise |
Aug 29, 2024 | Raymond James | Outperform | Outperform | Hold |
10
Essex Property Trust Financial Forecast
Essex Property Trust Revenue Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $421.75M | $419.18M | $416.04M | $412.42M | $415.18M | $409.75M | $399.98M | $381.90M | $371.60M | $362.86M | $350.98M | $355.13M | $362.07M | $370.81M | $370.50M | $392.37M | $375.37M | $366.93M |
Avg Forecast | $492.85M | $490.06M | $483.50M | $476.87M | $463.36M | $460.68M | $456.13M | $450.02M | $447.99M | $443.45M | $430.68M | $420.21M | $418.65M | $416.84M | $412.25M | $410.29M | $412.33M | $405.49M | $390.87M | $374.80M | $368.16M | $355.35M | $349.50M | $356.21M | $366.10M | $367.30M | $382.24M | $382.46M | $371.27M | $363.56M |
High Forecast | $504.46M | $501.61M | $494.89M | $488.11M | $474.28M | $471.53M | $466.88M | $457.32M | $456.57M | $446.21M | $431.14M | $420.21M | $423.29M | $437.87M | $421.96M | $419.95M | $422.04M | $405.49M | $390.87M | $374.80M | $368.16M | $355.35M | $349.50M | $356.21M | $366.10M | $367.30M | $382.24M | $382.46M | $371.27M | $363.56M |
Low Forecast | $483.65M | $480.91M | $474.48M | $467.97M | $454.72M | $452.08M | $447.62M | $446.33M | $440.77M | $440.68M | $430.22M | $420.21M | $416.20M | $413.07M | $404.55M | $402.63M | $404.63M | $405.49M | $390.87M | $374.80M | $368.16M | $355.35M | $349.50M | $356.21M | $366.10M | $367.30M | $382.24M | $382.46M | $371.27M | $363.56M |
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 8 | 4 | 9 | 9 | 10 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 5 | 5 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.02% | 1.02% | 1.01% | 1.02% | 1.00% | 1.00% | 0.99% | 1.01% | 0.97% | 1.03% | 1.01% | 1.01% |
Forecast
Essex Property Trust EBITDA Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 8 | 4 | 9 | 9 | 10 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 5 | 5 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $268.36M | $269.14M | $288.24M | $279.40M | $279.45M | $298.03M | $259.33M | $269.41M | $329.82M | $302.01M | $246.40M | $349.19M | $281.38M | $259.29M | $274.15M | $506.93M | $306.41M | $276.50M |
Avg Forecast | $340.30M | $338.37M | $333.85M | $329.27M | $319.94M | $318.09M | $314.95M | $310.73M | $309.33M | $306.19M | $297.38M | $340.57M | $289.06M | $287.82M | $284.65M | $309.61M | $238.69M | $306.20M | $295.16M | $281.46M | $278.01M | $268.34M | $263.92M | $243.70M | $276.46M | $277.36M | $288.65M | $288.81M | $280.37M | $274.54M |
High Forecast | $348.32M | $346.35M | $341.71M | $337.03M | $327.48M | $325.58M | $322.37M | $315.77M | $315.25M | $308.10M | $297.69M | $408.68M | $292.27M | $302.34M | $291.35M | $371.53M | $286.43M | $306.20M | $295.16M | $337.76M | $278.01M | $268.34M | $263.92M | $292.44M | $276.46M | $277.36M | $288.65M | $288.81M | $280.37M | $274.54M |
Low Forecast | $333.95M | $332.06M | $327.61M | $323.12M | $313.97M | $312.15M | $309.07M | $308.18M | $304.34M | $304.28M | $297.06M | $272.46M | $287.38M | $285.21M | $279.34M | $247.69M | $190.95M | $306.20M | $295.16M | $225.17M | $278.01M | $268.34M | $263.92M | $194.96M | $276.46M | $277.36M | $288.65M | $288.81M | $280.37M | $274.54M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.94% | 1.01% | 0.90% | 1.17% | 0.97% | 0.88% | 0.96% | 1.19% | 1.13% | 0.93% | 1.43% | 1.02% | 0.93% | 0.95% | 1.76% | 1.09% | 1.01% |
Forecast
Essex Property Trust Net Income Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 8 | 4 | 9 | 9 | 10 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 5 | 5 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-4.96M | $-5.73M | $99.62M | $153.53M | $185.16M | $92.84M | $57.05M | $73.25M | $144.13M | $118.39M | $64.85M | $168.44M | $95.75M | $73.66M | $84.46M | $315.01M | $128.82M | $99.33M |
Avg Forecast | $103.86M | $99.85M | $99.01M | $93.41M | $100.28M | $98.16M | $99.54M | $92.77M | $89.01M | $86.73M | $85.45M | $95.23M | $93.33M | $90.96M | $87.16M | $86.57M | $99.86M | $88.50M | $86.56M | $78.70M | $69.16M | $65.25M | $56.36M | $117.56M | $65.24M | $72.13M | $71.43M | $362.99M | $90.67M | $89.18M |
High Forecast | $107.04M | $102.91M | $102.05M | $96.27M | $103.35M | $101.17M | $102.59M | $93.95M | $89.70M | $87.01M | $85.88M | $114.28M | $94.07M | $92.89M | $89.83M | $103.89M | $119.83M | $91.91M | $86.56M | $94.44M | $69.16M | $65.25M | $56.36M | $141.07M | $65.24M | $72.13M | $71.43M | $435.58M | $90.67M | $89.18M |
Low Forecast | $101.34M | $97.43M | $96.61M | $91.14M | $97.85M | $95.78M | $97.13M | $92.06M | $88.10M | $86.46M | $85.01M | $76.18M | $92.35M | $81.99M | $85.05M | $69.26M | $79.88M | $85.09M | $86.56M | $62.96M | $69.16M | $65.25M | $56.36M | $94.05M | $65.24M | $72.13M | $71.43M | $290.39M | $90.67M | $89.18M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.05% | -0.06% | 1.14% | 1.77% | 1.85% | 1.05% | 0.66% | 0.93% | 2.08% | 1.81% | 1.15% | 1.43% | 1.47% | 1.02% | 1.18% | 0.87% | 1.42% | 1.11% |
Forecast
Essex Property Trust SG&A Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 8 | 4 | 9 | 9 | 10 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 5 | 5 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $19.74M | $14.61M | $13.81M | $15.31M | $16.04M | $15.17M | $13.13M | $12.24M | $17.09M | $12.71M | $12.22M | $9.81M | $23.14M | $13.31M | $14.95M | $13.98M | $15.53M | $11.35M |
Avg Forecast | $18.74M | $18.63M | $18.38M | $18.13M | $17.62M | $17.51M | $17.34M | $17.11M | $17.03M | $16.86M | $16.37M | $15.91M | $15.92M | $15.85M | $15.67M | $14.47M | $12.47M | $15.42M | $14.86M | $13.15M | $14.00M | $13.51M | $13.29M | $6.85M | $13.92M | $13.96M | $14.53M | $167.71M | $14.12M | $13.82M |
High Forecast | $19.18M | $19.07M | $18.82M | $18.56M | $18.03M | $17.93M | $17.75M | $17.39M | $17.36M | $16.96M | $16.39M | $19.10M | $16.09M | $16.65M | $16.04M | $17.36M | $14.96M | $15.42M | $14.86M | $15.78M | $14.00M | $13.51M | $13.29M | $8.22M | $13.92M | $13.96M | $14.53M | $201.25M | $14.12M | $13.82M |
Low Forecast | $18.39M | $18.28M | $18.04M | $17.79M | $17.29M | $17.19M | $17.02M | $16.97M | $16.76M | $16.75M | $16.36M | $12.73M | $15.82M | $15.70M | $15.38M | $11.57M | $9.98M | $15.42M | $14.86M | $10.52M | $14.00M | $13.51M | $13.29M | $5.48M | $13.92M | $13.96M | $14.53M | $134.17M | $14.12M | $13.82M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.92% | 0.88% | 1.06% | 1.29% | 0.98% | 0.88% | 0.93% | 1.22% | 0.94% | 0.92% | 1.43% | 1.66% | 0.95% | 1.03% | 0.08% | 1.10% | 0.82% |
Forecast
Essex Property Trust EPS Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 8 | 4 | 9 | 9 | 10 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 9 | 9 | 9 | 5 | 5 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.08 | $-0.09 | $1.55 | $2.38 | $2.86 | $1.43 | $0.87 | $1.12 | $2.21 | $1.82 | $1.00 | $2.59 | $1.47 | $1.13 | $1.29 | $4.77 | $1.95 | $1.51 |
Avg Forecast | $1.62 | $1.55 | $1.54 | $1.45 | $1.56 | $1.53 | $1.55 | $1.44 | $1.38 | $1.35 | $1.33 | $1.29 | $1.45 | $1.42 | $1.36 | $1.29 | $1.35 | $1.38 | $1.35 | $1.19 | $1.08 | $1.02 | $0.88 | $0.96 | $1.02 | $1.12 | $1.11 | $1.45 | $1.41 | $1.39 |
High Forecast | $1.67 | $1.60 | $1.59 | $1.50 | $1.61 | $1.57 | $1.60 | $1.46 | $1.40 | $1.35 | $1.34 | $1.29 | $1.46 | $1.45 | $1.40 | $1.36 | $1.40 | $1.43 | $1.35 | $1.19 | $1.08 | $1.02 | $0.88 | $0.96 | $1.02 | $1.12 | $1.11 | $1.45 | $1.41 | $1.39 |
Low Forecast | $1.58 | $1.52 | $1.50 | $1.42 | $1.52 | $1.49 | $1.51 | $1.43 | $1.37 | $1.35 | $1.32 | $1.29 | $1.44 | $1.28 | $1.32 | $1.22 | $1.32 | $1.32 | $1.35 | $1.19 | $1.08 | $1.02 | $0.88 | $0.96 | $1.02 | $1.12 | $1.11 | $1.45 | $1.41 | $1.39 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.05% | -0.06% | 1.14% | 1.85% | 2.11% | 1.04% | 0.65% | 0.94% | 2.05% | 1.79% | 1.14% | 2.69% | 1.45% | 1.01% | 1.16% | 3.29% | 1.38% | 1.09% |
Forecast
Essex Property Trust Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
MAA | Mid-America Apartment Communities | - | - | 16.75% | Hold |
EQR | Equity Residential | - | - | 8.23% | Buy |
CPT | Camden Property Trust | - | - | 2.98% | Hold |
UDR | UDR | - | - | 2.48% | Buy |
AVB | AvalonBay Communities | - | - | 1.32% | Buy |
ESS | Essex Property Trust | - | - | -2.46% | Buy |
NXRT | NexPoint Residential Trust | - | - | -3.89% | Buy |