Essex Property Trust Inc
NYSE:ESS

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Essex Property Trust Inc
NYSE:ESS
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Price: 284.43 USD -1.14% Market Closed
Market Cap: 18.3B USD
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Wall Street
Price Targets

ESS Price Targets Summary
Essex Property Trust Inc

Wall Street analysts forecast ESS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ESS is 312.83 USD with a low forecast of 204.02 USD and a high forecast of 388.5 USD.

Lowest
Price Target
204.02 USD
28% Downside
Average
Price Target
312.83 USD
10% Upside
Highest
Price Target
388.5 USD
37% Upside

ESS Last Price Targets
Essex Property Trust Inc

The latest public price target was made on Sep 24, 2024 by Joshua Dennerlein from Bank of America Securities , who expects ESS stock to rise by 13% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Joshua Dennerlein
Bank of America Securities
321 USD
Upside 13%
3 months ago
Sep 24, 2024
BofA Securities Downgrades Essex Property Trust (ESS) to Neutral
StreetInsider
Julien Blouin
Goldman Sachs
318 USD
Upside 12%
3 months ago
Sep 4, 2024
Goldman Sachs Starts Essex Property Trust (ESS) at Neutral
StreetInsider
Alexander Goldfarb
Piper Sandler
355 USD
Upside 25%
4 months ago
Aug 26, 2024
Essex Property Trust price target raised to $355 from $315 at Piper Sandler
TheFly
Mike Lewis
Truist Financial
294 USD
Upside 3%
4 months ago
Aug 26, 2024
Essex Property Trust (ESS) PT Raised to $294 at Truist Securities
StreetInsider
Alexander Goldfarb
Piper Sandler
315 USD
Upside 11%
6 months ago
Jun 28, 2024
Piper Sandler Reiterates Overweight Rating on Essex Property Trust (ESS)
StreetInsider
Nicholas Yulico
Scotiabank
285 USD
Upside 0%
6 months ago
Jun 14, 2024
Essex Property Trust (ESS) PT Raised to $285 at Scotiabank
StreetInsider
Robert Stevenson
Mizuho Securities
266 USD
Downside 6%
6 months ago
May 30, 2024
Essex Property Trust (ESS) PT Raised to $266 at Mizuho
StreetInsider
Amanda Sweitzer
Robert W. Baird
264 USD
Downside 7%
7 months ago
May 28, 2024
Essex Property Trust (ESS) PT Raised to $264 at Baird
StreetInsider
Adam Kramer
Morgan Stanley
250 USD
Downside 12%
7 months ago
May 14, 2024
Essex Property Trust price target raised to $250 from $230 at Morgan Stanley
TheFly
Michael Lewis
Truist Financial
255 USD
Downside 10%
8 months ago
Apr 9, 2024
Essex Property Trust price target lowered to $255 from $259 at Truist
TheFly
Mike Lewis
Truist Financial
259 USD
Downside 9%
9 months ago
Mar 28, 2024
Essex Property Trust (ESS) PT Lowered to $259 at Truist Securities, 'due to more conservative forecasted same-store NOI'
StreetInsider
Buck Horne
Raymond James
265 USD
Downside 7%
9 months ago
Mar 18, 2024
Raymond James Upgrades Essex Property Trust (ESS) to Outperform
StreetInsider
Robert Stevenson
Mizuho Securities
250 USD
Downside 12%
10 months ago
Feb 28, 2024
Mizuho Securities Upgrades Essex Property Trust (ESS) to Buy, 'Heading West with an Out of Consensus Call'
StreetInsider
Simon Yarmak
Stifel Nicolaus
250 USD
Downside 12%
1 year ago
Jul 18, 2023
Stifel Downgrades Essex Property Trust, Citing Below-Average FFO Growth And Market Challenges
Benzinga
Nicholas Yulico
Scotiabank
240 USD
Downside 16%
1 year ago
Apr 18, 2023
Check Out 3 High-Yielding Dividend Stocks In Real Estate Sector From Wall Street's Most Accurate Analysts
Benzinga
James Feldman
Wells Fargo
208 USD
Downside 27%
1 year ago
Mar 31, 2023
Check Out 3 High-Yielding Dividend Stocks In Real Estate Sector From Wall Street's Most Accurate Analysts
Benzinga
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Joshua Dennerlein
Bank of America Securities
Price Target 321 USD
Upside/Downside 13%
View Source
Julien Blouin
Goldman Sachs
Price Target 318 USD
Upside/Downside 12%
View Source
Alexander Goldfarb
Piper Sandler
Price Target 355 USD
Upside/Downside 25%
View Source
Mike Lewis
Truist Financial
Price Target 294 USD
Upside/Downside 3%
View Source
Alexander Goldfarb
Piper Sandler
Price Target 315 USD
Upside/Downside 11%
View Source
Nicholas Yulico
Scotiabank
Price Target 285 USD
Upside/Downside 0%
View Source
Robert Stevenson
Mizuho Securities
Price Target 266 USD
Upside/Downside 6%
View Source
Amanda Sweitzer
Robert W. Baird
Price Target 264 USD
Upside/Downside 7%
View Source
Adam Kramer
Morgan Stanley
Price Target 250 USD
Upside/Downside 12%
View Source
Michael Lewis
Truist Financial
Price Target 255 USD
Upside/Downside 10%
View Source
Mike Lewis
Truist Financial
Price Target 259 USD
Upside/Downside 9%
View Source
Buck Horne
Raymond James
Price Target 265 USD
Upside/Downside 7%
View Source
Robert Stevenson
Mizuho Securities
Price Target 250 USD
Upside/Downside 12%
View Source
Simon Yarmak
Stifel Nicolaus
Price Target 250 USD
Upside/Downside 12%
View Source
Nicholas Yulico
Scotiabank
Price Target 240 USD
Upside/Downside 16%
View Source
James Feldman
Wells Fargo
Price Target 208 USD
Upside/Downside 27%
View Source
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Essex Property Trust Inc Competitors:
Price Targets
KMP.UN
Killam Apartment REIT
36% Upside
UMH
UMH Properties Inc
19% Upside
AIV
Apartment Investment and Management Co
41% Upside
BEI.UN
Boardwalk Real Estate Investment Trust
38% Upside
IRT
Independence Realty Trust Inc
9% Upside
CAR.UN
Canadian Apartment Properties Real Estate Investment Trust
34% Upside
3269
Advance Residence Investment Corp
20% Upside
ESP
Empiric Student Property PLC
40% Upside

Revenue
Forecast

Revenue Estimate
Essex Property Trust Inc

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's revenue is 4%. The projected CAGR for the next 4 years is 5%.

4%
Past Growth
5%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Essex Property Trust Inc

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's operating income is 6%. The projected CAGR for the next 4 years is 6%.

6%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Net Income
Forecast

Net Income Estimate
Essex Property Trust Inc

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's net income is 8%. The projected CAGR for the next 4 years is 3%.

8%
Past Growth
3%
Estimated Growth
Estimates Accuracy
13%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ESS's stock price target?
Price Target
312.83 USD

According to Wall Street analysts, the average 1-year price target for ESS is 312.83 USD with a low forecast of 204.02 USD and a high forecast of 388.5 USD.

What is Essex Property Trust Inc's Revenue forecast?
Projected CAGR
5%

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's revenue is 4%. The projected CAGR for the next 4 years is 5%.

What is Essex Property Trust Inc's Operating Income forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's operating income is 6%. The projected CAGR for the next 4 years is 6%.

What is Essex Property Trust Inc's Net Income forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's net income is 8%. The projected CAGR for the next 4 years is 3%.

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