ESSEssex Property Trust, Inc.
ESS
Essex Property Trust, Inc.708
Mkt Cap
$17.49BVolume
408,849.0052W High
$294.0952W Low
$238.46PE Ratio
29.62ESS Fundamentals
Price
$263.35Prev Close
$263.21Open
$263.3250D MA
$252.03Beta
0.67Avg. Volume
460,795.04EPS (Annual)
$10.40P/B
3.12Rev/Employee
$1.12M$23,865.23
Poll
Earnings Recap
• Reported GAAP EPS of $1.65 down -47.78% YoY • Reported revenue of $484.76M up 4.34% YoY • Essex Property Trust reaffirmed full-year 2026 guidance for Core FFO, same-property revenue, expenses, and NOI, while updating Net Income and Total FFO ranges for early structured finance redemptions.
Bullish
Essex Property Trust exceeded Core FFO guidance with 2.3% year-over-year growth, achieved strong 4.1% same-property NOI growth, and increased its dividend for the 32nd consecutive year.
Bearish
Essex Property Trust's Net Income per share declined 47.8% year-over-year, and Los Angeles County showed sequential revenue softness, while full-year expense growth guidance exceeds revenue growth.