Insider buying last 90 days
No open-market insider purchases were filed for ESS in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every ESS insider filing, plotted on the chart in Gekko.Open ESS in Gekko
Essex Property Trust (ESS) Stock Analysis & Forecast
Sep 28 close
$273.01+1.40 (+0.5%)
Gekko Brief
AI summaryEssex Property Trust secured a new $275 million unsecured term loan maturing in September 2029, intended to repay commercial paper and for general corporate purposes, alongside a declared quarterly cash dividend of $2.59 per common share, payable October 15, 2026. The company's Q2 Core FFO rose 1.2% to $4.08 per diluted share, prompting raised full-year 2026 Core FFO guidance of $16.03-16.25, with revenue of $489.05 million also topping expectations. Analyst actions were mixed, with Scotiabank setting a target of $293.00 while maintaining a sector outperform rating, and consensus elsewhere pegged around a "Hold" with a $303.04 average target.
The stock closed at $273.01, up 0.5%, sitting between its 50-day average of $282.67 and 200-day average of $268.15, reflecting a mixed trend. Over the past month it is down 2.8%, though it remains up 13.9% over six months and 3.5% over the past year. The GekkoIndex reads 64.2, placing it in the Accumulation zone, while the gap to Gekko Fair Value of $409.38 stands at -33.3%.
Essex Property Trust's next earnings date falls on 27 October 2026, 28 days away, within a typical 20-trading-day holding window. Its last reported quarter showed EPS of $1.25 against a $1.45 estimate, with an average absolute reaction of 2.9% historically. Seasonality over the next 20 trading days has averaged -1.1% across 5 years, rising in 2 of them. Consensus among 16 firms includes 7 buy, 8 hold, and 1 sell ratings, with one billionaire holder noted in current positioning.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Essex Property Trust price vs fair value
Close $273.01200-day averageGekko Fair Value $409.38
Essex Property Trust quick facts
- Market cap
- $17.54B
- P/E ratio
- 42.4
- Forward P/E
- 43.9
- EPS, TTM
- $6.41
- Revenue, TTM
- $1.98B
- Profit margin
- 20.9%
- Dividend yield
- 3.80%
- Beta
- 0.71
- Volume
- 462,906 avg 545,149
- 1-year return
- +3.5%
- Typical daily move
- ±1.6%
- Typical 20-day move
- ±3.8%
- 50-day average
- $282.67
- 200-day average
- $268.15
- Next earnings
- Oct 27
- Shares outstanding
- 64.27M
Essex Property Trust swing-trade checklist
Essex Property Trust scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive1 mixed2 headwinds
- Trendmixed
Averages disagree
Close $273.01 sits between the 50-day ($282.67) and 200-day ($268.15) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
64.2, Accumulation
Reading 64.2 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
33.3% below
Price is 33.3% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 28 days
Reports on Oct 27, 2026, 28 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−1.1% on average
From this point in the calendar, the next 20 trading days averaged −1.1% over 5 years, rising in 2 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Essex Property Trust stock chart and price history
Essex Property Trust closed at $273.01 on Sep 28, 2026, +3.5% over the past year, inside a 52-week range of $238.46 to $303.35.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −2.8%
- 3 months
- −7.7%
- 6 months
- +13.9%
- 1 year
- +3.5%
The full ESS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ESS in Gekko
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About Essex Property Trust
Essex Property Trust operates as a real estate investment trust focused on residential apartment properties. The company handles the full cycle of this business itself, from acquiring and building communities to renovating and managing them over time. It is known for concentrating its holdings along select West Coast regions rather than spreading across the wider country.
Essex earns from its portfolio of apartment communities, which it both owns and operates directly, reflecting a vertically integrated structure that keeps development, renovation, and management under one roof. Its holdings currently include 246 apartment communities offering roughly 60,000 homes, with six more properties in various stages of development. The company is also recognized as a constituent of the S&P 500.
Essex Property Trust's shares trade under the ticker ESS.
- Sector
- Finance
- Website
- essexapartmenthomes.com
Essex Property Trust GekkoIndex: the smart money zone
Essex Property Trust’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64.2, in the Accumulation zone, down 3.6 points over five sessions.
64.2Accumulation
Down 3.6 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 23 | +1.9% | +5.3% | ||
| Accumulation (current zone) | 173 | +0.9% | +2.0% | ||
| Neutral | 402 | −0.2% | 0.0% | ||
| Distribution | 27 | −0.7% | −2.0% | ||
| Selling | 0 | Not available | |||
Average ESS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the ESS price, zone by zone.Track ESS in Gekko
Is Essex Property Trust stock overvalued? Gekko Fair Value
Essex Property Trust trades 33.3% below Gekko Fair Value of $409.38, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Essex Property Trust shares are worth, recalculated every trading day.
$409.38
Gekko Fair Value, Sep 29, 2026
33.3% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open ESS in Gekko
Essex Property Trust insider and Congress trading
No open-market insider purchases were filed for Essex Property Trust, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in ESS were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for ESS, plotted on the chart in Gekko.Open ESS in Gekko
Buybacks
Essex Property Trust has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $11.76M
- As a share of market cap
- 0.07%
- Trailing four quarters
- $69.71M
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds ESS.
1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Essex Property Trust earnings: next date and track record
Essex Property Trust reports on Oct 27, 2026 (28 days away), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Oct 27, 2026
28 days away
- EPS estimate
- $1.47
- Revenue estimate
- $490.8M
4 of 8reports beat the EPS estimate
±2.9%average move across the report
2 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Feb 2, 2026 AI summary
- What they said
- Essex Property Trust reported solid full-year 2025 results with same-property revenue growth at the high end of guidance (3.3%) and FFO per share growth above the midpoint of guidance. Northern California outperformed expectations driven by tech expansion, favorable migration and limited supply; rent growth in most Essex markets outperformed the U.S. average. Q4 property operations showed 1.9% blended lease rate growth, occupancy of 96.3%, and typical concessions (~one week). Management provided a 2026 outlook that assumes full-year same-property revenue midpoint of 2.4% (including 85 bps earn-in, ~2.5% blended lease rate growth, and 30 bps other income contribution), same-property expense growth of ~3% (controllable +2%, insurance down ~5%), and same-property NOI growth of ~2.1% at the midpoint. Core FFO per share is expected to grow in 2026 (management did not provide a precise numeric in the transcript excerpt). Capital allocation priorities remain focused on FFO/share accretion: acquisitions, development (selective), and buybacks remain on the table, though no development starts are planned for 2026 given current economics. Structured finance exposure is being reduced; $175M of the structured book is included in 2026 guidance. Management emphasized operational execution (delinquency recovery, other income initiatives) and cautious optimism on markets (particularly Northern CA), while acknowledging pockets of softness (Seattle, some Southern CA submarkets) and uncertainty from policy and macro factors.
- Guidance
- 2026 outlook: Full-year same-property revenue midpoint of 2.4% (85 bps earn-in, ~2.5% blended lease-rate growth midpoint, ~30 bps other income). Same-property expense growth ~3% at midpoint (controllable +2%, insurance down ~5%, offset by utilities/property taxes). Same-property NOI growth ~2.1% at midpoint. Core FFO per share expected to grow in 2026 (precise figure not provided in transcript). Structured finance: $175M contributing to guidance in 2026 (3-year maturity profile). Seattle tax increase (high-single-digit percentage) baked into guidance. No development starts expected in 2026.
- Risks flagged
- Soft U.S. jobs environment and political/election uncertainty; localized headwinds including elevated eviction processing/delinquency in Los Angeles; Seattle corporate layoffs and tax increases (Seattle/B&O surcharge) that could raise expenses; structured investment redemptions with uncertain outcomes (90% tied to two assets); development pipeline uneconomic today (land prices high or need 10%+ rent growth); potential regulatory changes (ballot measures/advocacy costs) and lumpy other-income timing; supply pressures in specific submarkets (e.g., San Diego, Seattle new supply).
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Feb 2, 2026 | $1.25 est $1.45 | $477.3M est $474.0M | −1.7% |
| Oct 28, 2025 | $1.59 est $1.82 | $473.3M est $474.7M | −5.8% |
| Jul 29, 2025 | $4.03 est $3.99 | $469.8M est $472.7M | −5.2% |
| Apr 29, 2025 | $3.97 est $3.92 | $464.6M est $466.1M | +0.6% |
| Feb 4, 2025 | $0.65 est $1.36 | $454.5M est $449.9M | +4.0% |
| Oct 29, 2024 | $1.34 est $1.35 | $450.7M est $447.8M | −1.9% |
| Jul 30, 2024 | $1.45 est $1.35 | $442.4M est $431.8M | −2.7% |
| Apr 30, 2024 | $4.25 est $1.29 | $426.9M est $426.9M | −1.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Essex Property Trust stock forecast and analyst price targets
Analysts’ average 12-month price target for Essex Property Trust is $304.07, +11.4% from the last close, from 16 firms rating the stock in the last 90 days.
$304.07consensus 12-month target, +11.4% from the last close
Now $273.01Avg $304.07
Low $286High $352
Each firm’s latest rating in the last 90 days: 16 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 22 | Truist Financial | $286 | +4.8% |
| Sep 21 | Evercore ISI | $299 | +9.5% |
| Sep 17 | Scotiabank | $293 | +7.3% |
| Sep 15 | UBS | $286 | +4.8% |
| Sep 8 | Mizuho Securities | $295 | +8.1% |
+2.0%average 20-day move after past Accumulation readings
−1.1%average move over the next 20 trading days in the last 5 years
±1.6%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Essex Property Trust seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, Essex Property Trust averaged −1.1% across the last 5 years, rising in 2 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.9% | 2 of 5 |
| Next 10 trading days | −0.6% | 2 of 5 |
| Next 15 trading days | −0.7% | 2 of 5 |
| Next 20 trading days | −1.1% | 2 of 5 |
| Next 30 trading days | −0.4% | 2 of 5 |
For scale, ESS’s typical 20-trading-day move in either direction is about 3.8%.
Essex Property Trust market cap and key statistics
Essex Property Trust’s market cap is $17.54B, with a P/E ratio of 42.4 and revenue of $1.98B over the last twelve months.
Valuation
- Market cap
- $17.54B
- P/E ratio
- 42.4
- Forward P/E
- 43.9
- EPS, TTM
- $6.41
- Gekko Fair Value
- $409.38
Trading
- Volume
- 462,906
- Avg volume, 20 days
- 545,149
- 52-week high
- $303.35
- 52-week low
- $238.46
- Shares outstanding
- 64.27M
Financials
- Revenue, TTM
- $1.98B
- Profit margin
- 20.9%
- Return on equity
- 7.7%
- Quarterly earnings growth, YoY
- −71.8%
Risk and income
- Beta
- 0.71
- Typical daily move
- ±1.6%
- Typical 20-day move
- ±3.8%
- Dividend yield
- 3.80%
Essex Property Trust stock news this week
Coverage of Essex Property Trust this week reads neutral: 4 positive, 5 neutral and 3 negative headlines.
- Essex Property Trust stock last trades at USD 271.83 on September 28, 2026AD HOC NEWS, Sep 28
- Essex Property Trust stock gets fresh financing and analyst signalsAD HOC NEWS, Sep 28
- Essex Property Trust stock trades 10.76 percent below its 52-week highAD HOC NEWS, Sep 25
- Essex Property Trust stock trades below analyst targetsAD HOC NEWS, Sep 25
- Essex Property Trust stock holds at USD 273.47 before the bellAD HOC NEWS, Sep 25
- Essex Property Trust stock reports 4.08 adjusted EPSAD HOC NEWS, Sep 24
Essex Property Trust stock FAQ
What is Essex Property Trust’s market cap?
Essex Property Trust’s market cap is $17.54B at the Sep 28, 2026 close of $273.01, with 64.27M shares outstanding. The shares trade on a P/E ratio of 42.4.
What is the Essex Property Trust stock forecast?
The consensus analyst 12-month price target for Essex Property Trust is $304.07, +11.4% from the last close. Of the 16 firms that rated the stock in the last 90 days, 7 rate it a buy, 8 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is Essex Property Trust stock overvalued or undervalued?
On Gekko’s estimate Essex Property Trust is undervalued: the Sep 28, 2026 close of $273.01 is 33.3% below Gekko Fair Value of $409.38. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Essex Property Trust report earnings next?
Essex Property Trust is expected to report on Oct 27, 2026 (28 days away). Analysts expect earnings of $1.47 per share on revenue of $490.8M. Essex Property Trust beat the earnings estimate in 4 of its last 8 reports, moving 2.9% on average across the report.
What is Essex Property Trust’s 52-week high and low?
Essex Property Trust’s 52-week high is $303.35 and its 52-week low is $238.46; it closed at $273.01 on Sep 28, 2026, +3.5% over the past year. Over the last five years the shares peaked at $363.36 on Apr 21, 2022.
Is Essex Property Trust stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (trend) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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