Essex Property Trust, Inc. announces third quarter 2026 results and raises full-year 2026 guidance
Essex Property Trust, Inc. reported net income per diluted share of $1.52 for the third quarter of 2026, compared to $2.56 in ...
Model output · Signal date 2026-11-06
Essex Property Trust, Inc. (ESS) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
10.0%
Spearman, 357 dates
Market Cap
$17.49B
large-cap · #16 of 60 peers
Summary
Essex Property Trust, Inc. (ESS) stock forecast summary
Our AI scores Essex Property Trust, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Essex Property Trust, Inc. is a large-cap company with a market capitalization of $17.49B. It ranks number 16 by market capitalization among the 60 Real Estate Investment Trusts issuers in our coverage with a current forecast.
For ESS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 10.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 7.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ESS included.
Price
ESS price chart and AI forecast
Cross-section · 2026-11-06
How ESS ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Essex Property Trust, Inc. (ESS) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Real Estate Investment Trusts peers listed below that report each metric.
Valuation & Market
| Metric | ESS | Rank |
|---|---|---|
| Market Cap | $17.49B | 16/60 |
| P/E Ratio | 42.39x | 12/53 |
| P/B Ratio | 3.29x | 13/57 |
| Dividend Yield | 3.79% | 36/54 |
| EPS | $6.42 | – |
| Book Value/Share | $82.83 | – |
| Revenue/Share | $29.98 | – |
Profitability & Margins
| Metric | ESS | Rank |
|---|---|---|
| ROE | 7.8% | 24/49 |
| ROA | 3.2% | 32/50 |
| Gross Margin | 70.1% | 6/18 |
| Operating Margin | 32.5% | 17/30 |
| Net Margin | 21.5% | 31/48 |
| EBT Margin | 32.5% | 20/45 |
Financial Health
| Metric | ESS | Rank |
|---|---|---|
| D/E Ratio | 1.39x | 22/57 |
| Financial Leverage | 2.42x | 21/56 |
| Interest Coverage | 1.7x | 38/48 |
Cash Flow
| Metric | ESS | Rank |
|---|---|---|
| Operating Cash Flow | $1.12B | 23/60 |
| OCF Growth YoY | 8.3% | 29/59 |
Operational Efficiency
| Metric | ESS | Rank |
|---|---|---|
| Asset Turnover | 0.15x | 25/55 |
Income Statement
| Metric | ESS | Rank |
|---|---|---|
| Total Revenue | $1.93B | 31/56 |
| Operating Income | $627M | 19/31 |
| Net Income | $414M | 26/50 |
| Cost of Goods Sold | $577M | 13/19 |
Dividend & Shareholder Information
| Metric | ESS | Rank |
|---|---|---|
| Dividends Per Share | $10.32 | – |
| Payout Ratio | 160.8% | 11/47 |
| Shares Outstanding | 64M | – |
| Net Income Growth | -48.3% | 43/46 |
| EPS Growth | -48.4% | 47/52 |
Balance Sheet Highlights (USD millions)
| Cash & Short-term Investments | $58M | 0.5% of assets |
| Total Liabilities | $7.39B | 58.1% of assets |
Quarterly Financial Reports
ESS quarterly financials and insider trading
Industry Peers · Real Estate Investment Trusts
Essex Property Trust, Inc. (ESS) industry peers
Companies classified under the same SEC industry code as Essex Property Trust, Inc. (Real Estate Investment Trusts): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ESS Essex Property Trust, Inc. | $17.49B | |
| WELL Welltower Inc. | $179.74B | |
| PLD Prologis, Inc. | $119.41B | |
| EQIX Equinix Inc | $100.25B | |
| AMT American Tower Corp /Ma/ | $87.55B | |
| SPG Simon Property Group Inc. | $73.91B | |
| PSA Public Storage | $63.05B | |
| DLR Digital Realty Trust, Inc. | $59.83B | |
| O Realty Income Corp | $55.86B | |
| VMRK Vivmark Residential | $50.69B | |
| VTR Ventas, Inc. | $46.93B | |
| CCI Crown Castle Inc. | $37.70B | |
| EXR Extra Space Storage Inc. | $34.64B | |
| IRM Iron Mountain Inc | $31.71B | |
| VICI Vici Properties Inc. | $27.76B | |
| SBAC Sba Communications Corp | $20.10B | |
| KIM Kimco Realty Corp | $17.12B | |
| HST Host Hotels & Resorts, Inc. | $17.10B | |
| LAMR Lamar Advertising Co/New | $15.93B | |
| WY Weyerhaeuser Co | $15.11B | |
| WPC W. P. Carey Inc. | $14.97B | |
| NLY Annaly Capital Management Inc | $14.77B | |
| OHI Omega Healthcare Investors Inc | $14.60B | |
| SUI Sun Communities Inc | $14.57B | |
| MAA Mid America Apartment Communities Inc. | $13.92B | |
| REG Regency Centers Corp | $13.69B | |
| AHR American Healthcare Reit, Inc. | $13.40B | |
| ELS Equity Lifestyle Properties Inc | $12.67B | |
| UDR Udr, Inc. | $12.09B | |
| AMH American Homes 4 Rent | $11.81B | |
| GLPI Gaming & Leisure Properties, Inc. | $11.63B | |
| EGP Eastgroup Properties Inc | $10.42B | |
| BXP Bxp, Inc. | $10.38B | |
| CUBE Cubesmart | $10.27B | |
| FRT Federal Realty Investment Trust | $9.72B | |
| BRX Brixmor Property Group Inc. | $9.21B | |
| ADC Agree Realty Corp | $9.09B | |
| LINE Lineage, Inc. | $8.91B | |
| CTRE Caretrust Reit, Inc. | $8.79B | |
| RHP Ryman Hospitality Properties, Inc. | $8.31B | |
| REXR Rexford Industrial Realty, Inc. | $8.09B | |
| NNN Nnn Reit, Inc. | $7.89B | |
| ARE Alexandria Real Estate Equities, Inc. | $7.80B | |
| STAG Stag Industrial, Inc. | $7.20B | |
| FR First Industrial Realty Trust Inc | $7.15B | |
| MAC Macerich Co | $7.09B | |
| VNO Vornado Realty Trust | $6.69B | |
| HR Healthcare Realty Trust Inc | $6.58B | |
| RYN Rayonier Inc | $6.39B | |
| EPRT Essential Properties Realty Trust, Inc. | $6.16B | |
| OUT Outfront Media Inc. | $5.42B | |
| SBRA Sabra Health Care Reit, Inc. | $5.37B | |
| PECO Phillips Edison & Company, Inc. | $5.30B | |
| KRG Kite Realty Group Trust | $5.17B | |
| RITM Rithm Capital Corp. | $5.15B | |
| CUZ Cousins Properties Inc | $4.86B | |
| HHH Howard Hughes Holdings Inc. | $4.64B | |
| COLD Americold Realty Trust | $4.57B | |
| EPR Epr Properties | $4.56B | |
| STWD Starwood Property Trust, Inc. | $4.46B |
Where ESS sits on the market map
Real Estate & Construction · Real Estate Investment Trusts
News
Essex Property Trust, Inc. (ESS) stock news
Essex Property Trust, Inc. (ESS) Q2 2026 Earnings Call Transcript
Good day, and welcome to the Essex Property Trust Second Quarter 2026 Earnings Call. As a reminder, today's conference is being recorded. Statements made on this conference call regarding expected ...
Essex Property Trust, Inc. (ESS) Presents at Nareit REITweek: 2026 Investor Conference Transcript
Okay. Thank you so much for joining us today. My name is John Kim with BMO Capital Markets. It is my pleasure to be hosting this panel presentation with Essex Property Trust, one of the preeminent ...
FAQ
Essex Property Trust, Inc. (ESS) stock forecast FAQ
What is the Essex Property Trust, Inc. (ESS) stock forecast?
Our AI scores Essex Property Trust, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Essex Property Trust, Inc. stock predictions?
For ESS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 10.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 7.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Essex Property Trust, Inc. forecasts updated?
Essex Property Trust, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Essex Property Trust, Inc.'s industry peers?
60 issuers in our coverage, ESS included, share the SEC industry code Real Estate Investment Trusts. The largest are: Welltower Inc. (WELL), Prologis, Inc. (PLD), Equinix Inc (EQIX), American Tower Corp /Ma/ (AMT), Simon Property Group Inc. (SPG), Public Storage (PSA).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.