The Analyst Verdict: Essex Property Trust In The Eyes Of 6 Experts

In the last three months, 6 analysts have published ratings on Essex Property Trust (NYSE:ESS), offering a diverse range of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

	Bullish	Somewhat Bullish	Indifferent	Somewhat Bearish	Bearish
Total Ratings	0	1	5	0	0
Last 30D	0	0	1	0	0
1M Ago	0	1	1	0	0
2M Ago	0	0	1	0	0
3M Ago	0	0	2	0	0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $308.33, with a high estimate of $328.00 and a low estimate of $302.00. Observing a 2.27% increase, the current average has risen from the previous average price target of $301.50.

Diving into Analyst Ratings: An In-Depth Exploration

A comprehensive examination of how financial experts perceive Essex Property Trust is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst	Analyst Firm	Action Taken	Rating	Current Price Target	Prior Price Target
Richard Hightower	Barclays	Raises	Equal-Weight	$328.00	$303.00
Brad Heffern	RBC Capital	Lowers	Outperform	$309.00	$311.00
Richard Hightower	Barclays	Lowers	Equal-Weight	$303.00	$304.00
Michael Lewis	Truist Securities	Raises	Hold	$304.00	$292.00
Richard Hightower	Barclays	Raises	Equal-Weight	$304.00	$302.00
Steve Sakwa	Evercore ISI Group	Raises	In-Line	$302.00	$297.00

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Essex Property Trust. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Essex Property Trust compared to the broader market.
• Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

To gain a panoramic view of Essex Property Trust's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Essex Property Trust analyst ratings.

All You Need to Know About Essex Property Trust

Essex Property Trust owns a portfolio of 256 apartment communities with over 62,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.

A Deep Dive into Essex Property Trust's Financials

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: Essex Property Trust displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 8.82%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.

Net Margin: Essex Property Trust's net margin is impressive, surpassing industry averages. With a net margin of 43.72%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Essex Property Trust's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.66% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Essex Property Trust's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.56% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: With a below-average debt-to-equity ratio of 1.23, Essex Property Trust adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Significance of Analyst Ratings Explained

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.