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Essex Property Trust (ESS) Stock Forecast, Price Target & Predictions

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ESS Stock Forecast

Essex Property Trust (ESS) stock forecast, based on 38 Wall Street analysts, predicts a 12-month average price target of $306.00, with a high of $310.00 and a low of $302.00. This represents a 11.16% increase from the last price of $275.29.

$230 $247 $264 $281 $298 $315 High: $310 Avg: $306 Low: $302 Last Closed Price: $275.29

ESS Stock Rating

Essex Property Trust stock's rating consensus is Hold, based on 38 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 17 Buy (44.74%), 19 Hold (50.00%), 2 Sell (5.26%), and 0 Strong Sell (0.00%).

Hold
Total 38 2 19 17 0 Strong Sell Sell Hold Buy Strong Buy

ESS Price Target Upside V Benchmarks

TypeNameUpside
StockEssex Property Trust11.16%
SectorReal Estate Stocks 20.09%
IndustryResidential REIT Stocks 12.24%

Price Target Trends

1M3M12M
# Anlaysts--11
Avg Price Target--$298.18
Last Closing Price$275.29$275.29$275.29
Upside/Downside--8.31%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2553171127
Mar, 2553171127
Feb, 2553171127
Jan, 2553191129
Dec, 2442191127
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 13, 2025John KimBMO Capital$310.00$270.0614.79%12.61%
Jan 09, 2025Brad HeffernRBC Capital$302.00$270.0611.83%9.70%
Sep 24, 2024Joshua DennerleinBank of America Securities$321.00$309.653.67%16.60%
Sep 04, 2024Julien BlouinGoldman Sachs$318.00$302.695.06%15.51%
Aug 26, 2024Mike LewisTruist Financial$294.00$294.62-0.21%6.80%
Aug 26, 2024Alexander GoldfarbPiper Sandler$355.00$296.0919.90%28.95%
Jun 28, 2024Alexander GoldfarbPiper Sandler$315.00$273.3815.22%14.42%
Jun 14, 2024Nicholas YulicoScotiabank$285.00$277.202.81%3.53%
May 30, 2024Robert StevensonMizuho Securities$266.00$252.915.18%-3.37%
May 28, 2024Amanda SweitzerRobert W. Baird$264.00$259.401.77%-4.10%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 13, 2025BMO CapitalMarket PerformOutperformupgrade
Jan 09, 2025RBC CapitalOutperformOutperformhold
Oct 21, 2024Raymond JamesOutperformMarket Performdowngrade
Oct 01, 2024RBC CapitalOutperformOutperformhold
Sep 24, 2024Bank of America SecuritiesBuyNeutraldowngrade
Sep 16, 2024Evercore ISIPositivePositivehold
Sep 16, 2024ScotiabankOutperformOutperformhold
Sep 11, 2024Exane BNP ParibasOutperforminitialise
Sep 10, 2024Deutsche BankHoldHoldhold
Sep 05, 2024ZelmanNeutralinitialise

Financial Forecast

EPS Forecast

$-2 $0 $2 $4 $6 $8 $9 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$8.69$7.51$6.27$6.32$-1.09----
Avg Forecast$8.17$6.42$4.71$6.61$8.82$5.91$6.37$7.37-
High Forecast$8.42$6.61$4.85$6.62$8.83$5.96$6.82$7.51-
Low Forecast$7.97$6.26$4.56$6.59$8.79$5.87$5.42$7.22-
Surprise %6.36%16.98%33.12%-4.39%-112.36%----

Revenue Forecast

$1B $2B $2B $2B $2B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.50B$1.44B$1.61B$1.67B$1.77B----
Avg Forecast$1.49B$1.43B$1.60B$1.66B$1.76B$1.84B$1.91B$1.99B$2.08B
High Forecast$1.53B$1.46B$1.63B$1.67B$1.77B$1.89B$1.91B$2.01B$2.14B
Low Forecast$1.47B$1.40B$1.56B$1.61B$1.75B$1.81B$1.91B$1.98B$2.02B
Surprise %0.17%0.77%0.72%0.73%0.94%----

Net Income Forecast

$-100M $60M $220M $380M $540M $700M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$568.87M$488.55M$408.31M$405.82M$-69.78M----
Avg Forecast$556.42M$377.88M$403.86M$405.82M$566.12M$379.82M$430.33M$473.23M-
High Forecast$667.71M$453.46M$484.63M$486.99M$567.57M$382.79M$437.90M$482.54M-
Low Forecast$445.14M$302.31M$323.09M$324.66M$564.66M$376.85M$348.29M$463.91M-
Surprise %2.24%29.29%1.10%--112.33%----

ESS Forecast FAQ

Is Essex Property Trust stock a buy?

Essex Property Trust stock has a consensus rating of Hold, based on 38 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 17 Buy, 19 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Essex Property Trust is a neutral investment for most analysts.

What is Essex Property Trust's price target?

Essex Property Trust's price target, set by 38 Wall Street analysts, averages $306 over the next 12 months. The price target range spans from $302 at the low end to $310 at the high end, suggesting a potential 11.16% change from the previous closing price of $275.29.

How does Essex Property Trust stock forecast compare to its benchmarks?

Essex Property Trust's stock forecast shows a 11.16% upside, underperforming the average forecast for the real estate stocks sector (20.09%) and underperforming the residential reit stocks industry (12.24%).

What is the breakdown of analyst ratings for Essex Property Trust over the past three months?

  • April 2025: 18.52% Strong Buy, 11.11% Buy, 62.96% Hold, 3.70% Sell, 3.70% Strong Sell.
  • March 2025: 18.52% Strong Buy, 11.11% Buy, 62.96% Hold, 3.70% Sell, 3.70% Strong Sell.
  • February 2025: 18.52% Strong Buy, 11.11% Buy, 62.96% Hold, 3.70% Sell, 3.70% Strong Sell.

What is Essex Property Trust’s EPS forecast?

Essex Property Trust's average annual EPS forecast for its fiscal year ending in December 2025 is $5.91, marking a -642.20% decrease from the reported $-1.09 in 2024. Estimates for the following years are $6.37 in 2026, $7.37 in 2027, and $0 in 2028.

What is Essex Property Trust’s revenue forecast?

Essex Property Trust's average annual revenue forecast for its fiscal year ending in December 2025 is $1.84B, reflecting a 3.67% increase from the reported $1.77B in 2024. The forecast for 2026 is $1.91B, followed by $1.99B for 2027, and $2.08B for 2028.

What is Essex Property Trust’s net income forecast?

Essex Property Trust's net income forecast for the fiscal year ending in December 2025 stands at $379.82M, representing a -644.29% decrease from the reported $-69.784M in 2024. Projections indicate $430.33M in 2026, $473.23M in 2027, and $0 in 2028.