Essex Property Trust - ESS Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $244.47
  • Forecasted Upside: 4.92%
  • Number of Analysts: 16
  • Breakdown:
  • 2 Sell Ratings
  • 10 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$233.00
▼ -2.37 (-1.01%)

This chart shows the closing price for ESS by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Essex Property Trust Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for ESS and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for ESS

Analyst Price Target is $244.47
▲ +4.92% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Essex Property Trust in the last 3 months. The average price target is $244.47, with a high forecast of $281.00 and a low forecast of $204.00. The average price target represents a 4.92% upside from the last price of $233.00.

This chart shows the closing price for ESS for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 16 investment analysts is to hold stock in Essex Property Trust. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
8/30/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
11/28/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
2/26/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
5/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
8/25/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
11/23/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
1/22/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings
2/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/20/2024BarclaysBoost TargetUnderweight ➝ Underweight$224.00 ➝ $225.00Low
2/8/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$237.00 ➝ $239.00Low
2/7/2024Stifel NicolausLower TargetHold ➝ Hold$225.00 ➝ $223.00Low
1/30/2024Deutsche Bank AktiengesellschaftInitiated CoverageHold$240.00Low
1/16/2024Truist FinancialBoost TargetHold ➝ Hold$260.00 ➝ $276.00Low
1/10/2024MizuhoBoost TargetNeutral ➝ Neutral$232.00 ➝ $256.00Low
1/2/2024Jefferies Financial GroupUpgradeHold ➝ Buy$215.00 ➝ $281.00Low
12/14/2023Truist FinancialLower TargetHold ➝ Hold$266.00 ➝ $260.00Low
11/17/2023Stifel NicolausLower TargetHold ➝ Hold$226.00 ➝ $225.00Low
11/9/2023BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$235.00 ➝ $225.00Low
10/30/2023Royal Bank of CanadaLower TargetOutperform ➝ Outperform$241.00 ➝ $235.00Low
10/9/2023Evercore ISILower Target$247.00 ➝ $235.00Low
10/3/2023WedbushInitiated CoverageNeutral$225.00Low
9/26/2023MizuhoLower TargetNeutral ➝ Neutral$221.00 ➝ $219.00Low
9/12/2023Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$247.00 ➝ $244.00Low
9/7/2023CitigroupDowngradeBuy ➝ Neutral$280.00 ➝ $260.00Low
8/28/2023Truist FinancialDowngradeBuy ➝ Hold$255.00 ➝ $266.00Low
8/22/2023CitigroupBoost TargetBuy ➝ Buy$250.00 ➝ $280.00Low
8/21/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$252.00 ➝ $268.00Low
8/10/2023Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$208.00 ➝ $247.00Low
7/31/2023Royal Bank of CanadaBoost TargetOutperform$249.00 ➝ $255.00Low
7/19/2023Morgan StanleyBoost TargetEqual Weight$228.50 ➝ $244.00Low
7/17/2023Stifel NicolausDowngradeBuy ➝ Hold$245.00 ➝ $250.00Low
5/31/202322nd Century GroupReiterated RatingMaintainsLow
5/31/2023BarclaysLower Target$226.00 ➝ $224.00Low
5/19/202351jobReiterated RatingMaintainsLow
5/19/2023MizuhoLower Target$246.00 ➝ $221.00Low
5/15/2023Wolfe ResearchDowngradePeer Perform ➝ Underperform$204.00Low
5/1/2023Piper SandlerUpgradeNeutral ➝ Overweight$242.00 ➝ $271.00Low
4/28/2023Stifel NicolausLower Target$260.00 ➝ $245.00Low
4/17/2023BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$239.00 ➝ $200.00Low
4/12/2023ScotiabankUpgradeSector Underperform ➝ Sector Outperform$240.00Low
3/29/2023Wells Fargo & CompanyInitiated CoverageUnderweight$208.00Low
3/9/2023Truist FinancialBoost TargetBuy$250.00 ➝ $255.00Low
3/1/2023Morgan StanleyBoost TargetEqual Weight$242.00 ➝ $246.00Low
3/1/2023BarclaysBoost TargetUnderweight$219.00 ➝ $226.00Low
2/23/2023MizuhoBoost TargetNeutral$235.00 ➝ $246.00Low
2/9/2023Royal Bank of CanadaReiterated RatingOutperform$250.00Low
2/8/2023Piper SandlerReiterated RatingNeutral$250.00Low
2/8/2023MizuhoReiterated RatingNeutral$235.00Low
1/17/2023Truist FinancialBoost TargetBuy$247.00 ➝ $250.00Low
12/16/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$284.00 ➝ $267.00Low
12/15/2022UBS GroupInitiated CoverageNeutral$226.00Low
12/14/2022Janney Montgomery ScottDowngradeBuy ➝ Neutral$241.00Low
12/7/2022KeyCorpLower TargetOverweight$314.00 ➝ $240.00Low
12/2/2022Morgan StanleyLower TargetEqual Weight$288.00 ➝ $242.00Low
11/30/2022Truist FinancialLower TargetBuy$324.00 ➝ $247.00Low
11/29/2022ScotiabankLower TargetUnderperform$235.00 ➝ $211.00Low
11/23/2022Raymond JamesDowngradeOutperform ➝ Market PerformLow
11/14/2022The Goldman Sachs GroupLower TargetBuy$284.00 ➝ $252.00Low
11/14/2022Bank of AmericaDowngradeBuy ➝ Neutral$265.00 ➝ $233.00Low
11/10/2022MizuhoLower TargetNeutral$264.00 ➝ $221.00Low
11/10/2022BarclaysLower TargetUnderweight$300.00 ➝ $219.00Low
10/28/2022Royal Bank of CanadaLower TargetOutperform$288.00 ➝ $265.00Low
10/28/2022Piper SandlerDowngradeOverweight ➝ Neutral$297.00 ➝ $250.00Low
10/21/2022Morgan StanleyLower TargetEqual Weight$313.00 ➝ $288.00Low
10/19/2022Jefferies Financial GroupLower TargetHold$280.00 ➝ $237.00Low
10/18/2022The Goldman Sachs GroupLower TargetBuy$333.00 ➝ $284.00Low
10/13/2022Evercore ISILower Target$290.00Low
10/7/2022Stifel NicolausLower Target$336.00 ➝ $291.00Low
10/7/2022Piper SandlerLower TargetOverweight$335.00 ➝ $297.00Low
9/27/2022Evercore ISILower TargetOutperform$306.00 ➝ $302.00Low
9/19/2022Evercore ISILower TargetOutperform$322.00 ➝ $306.00Low
9/19/2022CitigroupUpgradeNeutral ➝ Buy$295.00Low
9/19/2022MizuhoDowngradeBuy ➝ Neutral$273.00 ➝ $264.00Low
9/15/2022BarclaysLower TargetUnderweight$310.00 ➝ $300.00Low
8/22/2022Truist FinancialBoost TargetBuy$299.00 ➝ $324.00Low
8/18/2022Capital One FinancialReiterated RatingEqual WeightLow
8/9/2022CitigroupBoost Target$295.00N/A
8/4/2022Raymond JamesReiterated RatingMarket Perform ➝ Upgrade$300.00Low
7/20/2022Piper SandlerLower TargetOverweight$340.00 ➝ $320.00Low
7/15/2022Morgan StanleyLower TargetEqual Weight$313.00 ➝ $270.00Low
6/30/2022Jefferies Financial GroupLower TargetHold$316.00 ➝ $235.00Low
6/28/2022KeyCorpLower TargetOverweight$371.00 ➝ $314.00Low
6/27/2022MizuhoLower TargetBuy$342.00 ➝ $273.00Low
6/27/2022Piper SandlerLower TargetOverweight$400.00 ➝ $340.00Low
6/24/2022Truist FinancialLower TargetBuy$323.00 ➝ $299.00Low
6/22/2022Credit Suisse GroupInitiated CoverageUnderperform$247.00Low
6/20/2022Evercore ISISet Target$333.00Low
6/9/2022Stifel NicolausLower Target$390.00 ➝ $352.00Medium
5/31/2022BMO Capital MarketsDowngradeOutperform ➝ Market Perform$378.00 ➝ $320.00Medium
5/25/2022Morgan StanleyLower TargetEqual Weight$343.00 ➝ $313.00Medium
5/25/2022Truist FinancialLower TargetBuy$370.00 ➝ $323.00Medium
5/19/2022ScotiabankLower Target$340.00 ➝ $333.00High
5/17/2022The Goldman Sachs GroupUpgradeSell ➝ Buy$352.00 ➝ $338.00N/A
5/10/2022BarclaysDowngradeEqual Weight ➝ Underweight$367.00 ➝ $310.00High
5/4/2022Piper SandlerLower Target$420.00 ➝ $400.00Low
4/8/2022Morgan StanleyBoost TargetEqual Weight$335.00 ➝ $365.00High
3/21/2022Truist FinancialLower TargetBuy$378.00 ➝ $370.00Low
2/16/2022MizuhoLower TargetBuy$382.00 ➝ $342.00High
2/15/2022Morgan StanleyLower TargetEqual Weight$351.00 ➝ $335.00Low
1/20/2022MizuhoBoost Target$360.00 ➝ $382.00Medium
1/18/2022Truist FinancialBoost Target$366.00 ➝ $378.00High
1/18/2022BarclaysBoost Target$335.00 ➝ $367.00Medium
1/13/2022KeyCorpBoost TargetOverweight$363.00 ➝ $371.00Low
12/16/2021ScotiabankDowngradeSector Perform ➝ Sector Underperform$363.00 ➝ $338.00High
12/13/2021CitigroupBoost TargetNeutral$320.00 ➝ $370.00High
12/7/2021Stifel NicolausInitiated CoverageBuy$390.00Low
12/7/2021KeyCorpBoost TargetOverweight$349.00 ➝ $363.00Low
12/7/2021JMP SecuritiesReiterated RatingHoldLow
12/6/2021Truist FinancialBoost TargetBuy ➝ Buy$337.00 ➝ $366.00Low
11/22/2021Wells Fargo & CompanyBoost TargetEqual Weight$323.00 ➝ $345.00Medium
10/27/2021BTIG ResearchReiterated RatingHoldMedium
10/25/2021Evercore ISIUpgradeIn-Line ➝ Outperform$381.00Low
10/12/2021KeyCorpBoost TargetOverweight$341.00 ➝ $349.00High
10/7/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$359.00Low
9/29/2021MizuhoUpgradeNeutral ➝ Buy$333.00 ➝ $360.00Medium
9/23/2021The Goldman Sachs GroupInitiated CoverageSell$325.00Low
9/1/2021BarclaysInitiated CoverageEqual Weight$335.00High
9/1/2021Piper SandlerBoost TargetOverweight$340.00 ➝ $390.00High
8/26/2021Wells Fargo & CompanyBoost TargetEqual Weight$300.00 ➝ $323.00Low
8/25/2021Truist FinancialBoost TargetBuy$327.00 ➝ $337.00Low
8/5/2021Morgan StanleyBoost TargetEqual Weight$344.00 ➝ $350.00Low
7/19/2021Raymond JamesUpgradeUnderperform ➝ Market PerformMedium
7/15/2021Morgan StanleyBoost TargetEqual Weight$332.00 ➝ $344.00Low
7/15/2021KeyCorpBoost TargetOverweight$300.00 ➝ $341.00Low
6/21/2021Piper SandlerBoost TargetOverweight$320.00 ➝ $340.00Medium
6/14/2021Wolfe ResearchInitiated CoveragePeer Perform$351.00Low
6/11/2021Morgan StanleyBoost TargetEqual Weight$319.00 ➝ $332.00Low
6/4/2021Truist FinancialBoost TargetBuy$295.00 ➝ $327.00Low
6/3/2021MizuhoDowngradeBuy ➝ Neutral$333.00Low
5/26/2021Morgan StanleyBoost TargetEqual Weight$312.00 ➝ $319.00Low
5/25/2021BTIG ResearchReiterated RatingBuy ➝ NeutralMedium
5/19/2021BTIG ResearchDowngradeBuy ➝ NeutralMedium
5/13/2021Wells Fargo & CompanyBoost TargetEqual Weight$263.00 ➝ $281.00High
5/10/2021Evercore ISIReiterated RatingOutperform ➝ In-LineLow
5/6/2021Morgan StanleyBoost TargetEqual Weight$309.00 ➝ $312.00Medium
4/9/2021Piper SandlerUpgradeNeutral ➝ Overweight$265.00 ➝ $320.00Low
4/5/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$275.00 ➝ $310.00Medium
3/30/2021Royal Bank of CanadaInitiated CoverageOutperform$303.00High
3/15/2021Morgan StanleyBoost TargetEqual Weight$283.00 ➝ $309.00Medium
3/15/2021MizuhoBoost TargetBuy$280.00 ➝ $305.00Medium
3/11/2021KeyCorpBoost TargetOverweight$277.00 ➝ $300.00Medium
2/25/2021Morgan StanleyBoost TargetEqual Weight$279.00 ➝ $283.00High
2/23/2021Raymond JamesReiterated RatingSellHigh
1/20/2021Evercore ISIUpgradeIn-Line ➝ OutperformHigh
12/15/2020Smith Barney CitigroupBoost Target$235.00 ➝ $250.00High
12/3/2020BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$245.00 ➝ $255.00Low
11/20/2020Morgan StanleyBoost TargetEqual Weight$215.00 ➝ $279.00Low
11/16/2020Bank of AmericaBoost TargetBuy$266.00 ➝ $273.00Low
11/12/2020BTIG ResearchUpgradeNeutral ➝ Buy$314.00Low
11/10/2020MizuhoUpgradeNeutral ➝ Buy$235.00 ➝ $280.00Medium
10/20/2020Wells Fargo & CompanyInitiated CoverageEqual Weight$210.00Low
10/15/2020KeyCorpLower TargetOverweight$342.00 ➝ $255.00Low
9/10/2020Truist FinancialUpgradeHold ➝ Buy$268.00 ➝ $257.00Medium
9/9/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$260.00 ➝ $217.00Medium
9/9/2020Piper SandlerDowngradeOverweight ➝ Neutral$255.00 ➝ $235.00Medium
8/27/2020Morgan StanleyBoost TargetEqual Weight$203.00 ➝ $215.00Medium
7/27/2020Piper SandlerLower TargetOverweight$265.00 ➝ $255.00Medium
7/21/2020Royal Bank of CanadaReiterated RatingHoldHigh
6/12/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformMedium
5/27/2020SunTrust BanksBoost TargetHold$262.00 ➝ $268.00Low
5/26/2020Piper SandlerBoost TargetOverweight$230.00 ➝ $265.00High
5/8/2020Stifel NicolausBoost TargetBuy$248.00 ➝ $270.00Low
4/7/2020CitigroupLower TargetNeutral$320.00 ➝ $210.00Low
4/2/2020SunTrust BanksLower TargetHold$298.00 ➝ $262.00High
4/2/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$320.00 ➝ $238.00High
4/1/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$354.00 ➝ $203.00High
3/25/2020Zelman & AssociatesUpgradeSell ➝ HoldHigh
2/21/2020SunTrust BanksBoost TargetHold$315.00 ➝ $330.00High
1/28/2020BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$320.00 ➝ $295.00Low
12/18/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$320.00 ➝ $315.00Low
11/25/2019BTIG ResearchDowngradeBuy ➝ NeutralLow
11/19/2019Evercore ISIUpgradeIn-Line ➝ Outperform$341.00Low
11/18/2019Sandler O'NeillUpgradeHold ➝ Buy$355.00Low
11/8/2019The Goldman Sachs GroupInitiated CoverageBuy$355.00Low
10/25/2019Stifel NicolausSet TargetBuy$355.00Low
10/11/2019BarclaysSet TargetBuy$350.00Low
10/8/2019KeyCorpBoost TargetOverweight$320.00 ➝ $342.00Low
9/16/2019Capital One FinancialReiterated RatingEqual WeightHigh
9/6/2019Morgan StanleyBoost TargetOverweight$320.00 ➝ $354.00Low
8/15/2019BTIG ResearchUpgradeNeutral ➝ Buy$335.00Medium
7/31/2019KeyCorpBoost TargetPositive ➝ Overweight$311.00 ➝ $320.00Medium
7/30/2019CitigroupBoost TargetNeutral$280.00 ➝ $300.00Low
7/26/2019Stifel NicolausBoost TargetBuy$300.00 ➝ $325.00Low
7/24/2019BMO Capital MarketsSet TargetHold$310.00Low
7/16/2019BarclaysBoost TargetOverweight$310.00 ➝ $328.00Low
7/10/2019KeyCorpBoost TargetOverweight$301.00 ➝ $311.00Medium
6/27/2019Morgan StanleyBoost TargetOverweight$292.00 ➝ $320.00Medium
6/18/2019Robert W. BairdDowngradeOutperform ➝ Neutral$297.00 ➝ $302.00Low
4/16/2019BarclaysReiterated RatingBuy$310.00High
3/25/2019BMO Capital MarketsReiterated RatingHold$295.00Low
3/25/2019BTIG ResearchDowngradeBuy ➝ NeutralLow
3/19/2019KeyCorpBoost TargetOverweight ➝ Overweight$268.00 ➝ $301.00Low
3/15/2019BarclaysReiterated RatingBuy$303.00Low
(Data available from 2/21/2019 forward)

News Sentiment Rating

1.32 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 27 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/25/2023
  • 24 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/24/2023
  • 19 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/23/2023
  • 18 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/23/2023
  • 15 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/22/2023
  • 18 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/22/2023
  • 25 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/21/2024
  • 31 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/20/2024

Current Sentiment

  • 31 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Essex Property Trust logo
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.
Read More

Today's Range

Now: $233.00
Low: $232.76
High: $236.16

50 Day Range

MA: $240.36
Low: $225.59
High: $252.83

52 Week Range

Now: $233.00
Low: $195.03
High: $252.85

Volume

627,593 shs

Average Volume

430,291 shs

Market Capitalization

$14.95 billion

P/E Ratio

36.93

Dividend Yield

3.93%

Beta

0.8

Frequently Asked Questions

What sell-side analysts currently cover shares of Essex Property Trust?

The following Wall Street research analysts have issued stock ratings on Essex Property Trust in the last twelve months: 22nd Century Group, Inc., 51job, Inc., Barclays PLC, BMO Capital Markets, Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Mizuho, Morgan Stanley, Piper Sandler, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, StockNews.com, Truist Financial Co., Wedbush, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for ESS.

What is the current price target for Essex Property Trust?

17 Wall Street analysts have set twelve-month price targets for Essex Property Trust in the last year. Their average twelve-month price target is $244.47, suggesting a possible upside of 4.9%. Jefferies Financial Group Inc. has the highest price target set, predicting ESS will reach $281.00 in the next twelve months. Wolfe Research has the lowest price target set, forecasting a price of $204.00 for Essex Property Trust in the next year.
View the latest price targets for ESS.

What is the current consensus analyst rating for Essex Property Trust?

Essex Property Trust currently has 2 sell ratings, 10 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ESS, but not buy more shares or sell existing shares.
View the latest ratings for ESS.

What other companies compete with Essex Property Trust?

How do I contact Essex Property Trust's investor relations team?

Essex Property Trust's physical mailing address is 1100 PARK PLACE SUITE 200, SAN MATEO CA, 94403. The real estate investment trust's listed phone number is (650) 655-7800 and its investor relations email address is [email protected]. The official website for Essex Property Trust is www.essexapartmenthomes.com. Learn More about contacing Essex Property Trust investor relations.