NYSE:ESS - Essex Property Trust Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $308.41
  • Forecasted Upside: 3.80 %
  • Number of Analysts: 18
  • Breakdown:
  • 3 Sell Ratings
  • 7 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$297.13
▲ +4.38 (1.50%)

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

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Analyst Price Target for ESS

Analyst Price Target is $308.41
▲ +3.80% Upside Potential
This price target is based on 18 analysts offering 12 month price targets for Essex Property Trust in the last 3 months. The average price target is $308.41, with a high forecast of $359.00 and a low forecast of $235.00. The average price target represents a 3.80% upside from the last price of $297.13.

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

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Current Consensus is Hold

The current consensus among 18 polled investment analysts is to hold stock in Essex Property Trust. This rating has held steady since December 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 7 hold ratings
  • 0 sell ratings
2/18/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/19/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/17/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 1 sell ratings
11/15/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 2 sell ratings
2/13/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 2 sell ratings
5/14/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 7 hold ratings
  • 3 sell ratings
7/13/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 7 hold ratings
  • 3 sell ratings
8/12/2022

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 7 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/9/2022CitigroupBoost Price Target$295.00N/A
8/4/2022Raymond JamesReiterated RatingMarket Perform ➝ Upgrade$300.00Low
7/20/2022Piper SandlerLower Price TargetOverweight$340.00 ➝ $320.00Low
7/15/2022Morgan StanleyLower Price TargetEqual Weight$313.00 ➝ $270.00Low
6/30/2022Jefferies Financial GroupLower Price TargetHold$316.00 ➝ $235.00Low
6/28/2022KeyCorpLower Price TargetOverweight$371.00 ➝ $314.00Low
6/27/2022MizuhoLower Price TargetBuy$342.00 ➝ $273.00Low
6/27/2022Piper SandlerLower Price TargetOverweight$400.00 ➝ $340.00Low
6/24/2022Truist FinancialLower Price TargetBuy$323.00 ➝ $299.00Low
6/22/2022Credit Suisse GroupInitiated CoverageUnderperform$247.00Low
6/20/2022Evercore ISISet Price Target$333.00Low
6/9/2022Stifel NicolausLower Price Target$390.00 ➝ $352.00Medium
5/31/2022BMO Capital MarketsDowngradeOutperform ➝ Market Perform$378.00 ➝ $320.00Medium
5/25/2022Morgan StanleyLower Price TargetEqual Weight$343.00 ➝ $313.00Medium
5/25/2022Truist FinancialLower Price TargetBuy$370.00 ➝ $323.00Medium
5/19/2022ScotiabankLower Price 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 Price Target$420.00 ➝ $400.00Low
4/8/2022Morgan StanleyBoost Price TargetEqual Weight$335.00 ➝ $365.00High
3/21/2022Truist FinancialLower Price TargetBuy$378.00 ➝ $370.00Low
2/16/2022MizuhoLower Price TargetBuy$382.00 ➝ $342.00High
2/15/2022Morgan StanleyLower Price TargetEqual Weight$351.00 ➝ $335.00Low
1/20/2022MizuhoBoost Price Target$360.00 ➝ $382.00Medium
1/18/2022Truist FinancialBoost Price Target$366.00 ➝ $378.00High
1/18/2022BarclaysBoost Price Target$335.00 ➝ $367.00Medium
1/13/2022KeyCorpBoost Price TargetOverweight$363.00 ➝ $371.00Low
12/16/2021ScotiabankDowngradeSector Perform ➝ Sector Underperform$363.00 ➝ $338.00High
12/13/2021CitigroupBoost Price TargetNeutral$320.00 ➝ $370.00High
12/7/2021Stifel NicolausInitiated CoverageBuy$390.00Low
12/7/2021KeyCorpBoost Price TargetOverweight$349.00 ➝ $363.00Low
12/7/2021JMP SecuritiesReiterated RatingHoldLow
12/6/2021Truist FinancialBoost Price TargetBuy ➝ Buy$337.00 ➝ $366.00Low
11/22/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$323.00 ➝ $345.00Medium
10/27/2021BTIG ResearchReiterated RatingHoldMedium
10/25/2021Evercore ISIUpgradeIn-Line ➝ Outperform$381.00Low
10/12/2021KeyCorpBoost Price 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 Price TargetOverweight$340.00 ➝ $390.00High
8/26/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$300.00 ➝ $323.00Low
8/25/2021Truist FinancialBoost Price TargetBuy$327.00 ➝ $337.00Low
8/5/2021Morgan StanleyBoost Price TargetEqual Weight$344.00 ➝ $350.00Low
7/19/2021Raymond JamesUpgradeUnderperform ➝ Market PerformMedium
7/15/2021Morgan StanleyBoost Price TargetEqual Weight$332.00 ➝ $344.00Low
7/15/2021KeyCorpBoost Price TargetOverweight$300.00 ➝ $341.00Low
6/21/2021Piper SandlerBoost Price TargetOverweight$320.00 ➝ $340.00Medium
6/14/2021Wolfe ResearchInitiated CoveragePeer Perform$351.00Low
6/11/2021Morgan StanleyBoost Price TargetEqual Weight$319.00 ➝ $332.00Low
6/4/2021Truist FinancialBoost Price TargetBuy$295.00 ➝ $327.00Low
6/3/2021MizuhoDowngradeBuy ➝ Neutral$333.00Low
5/26/2021Morgan StanleyBoost Price TargetEqual Weight$312.00 ➝ $319.00Low
5/25/2021BTIG ResearchReiterated RatingBuy ➝ NeutralMedium
5/19/2021BTIG ResearchDowngradeBuy ➝ NeutralMedium
5/13/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$263.00 ➝ $281.00High
5/10/2021Evercore ISIReiterated RatingOutperform ➝ In-LineLow
5/6/2021Morgan StanleyBoost Price 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 Price TargetEqual Weight$283.00 ➝ $309.00Medium
3/15/2021MizuhoBoost Price TargetBuy$280.00 ➝ $305.00Medium
3/11/2021KeyCorpBoost Price TargetOverweight$277.00 ➝ $300.00Medium
2/25/2021Morgan StanleyBoost Price TargetEqual Weight$279.00 ➝ $283.00High
2/23/2021Raymond JamesReiterated RatingSellHigh
1/20/2021Evercore ISIUpgradeIn-Line ➝ OutperformHigh
12/15/2020Smith Barney CitigroupBoost Price Target$235.00 ➝ $250.00High
12/3/2020BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$245.00 ➝ $255.00Low
11/20/2020Morgan StanleyBoost Price TargetEqual Weight$215.00 ➝ $279.00Low
11/16/2020Bank of AmericaBoost Price 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 Price 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 Price TargetEqual Weight$203.00 ➝ $215.00Medium
7/27/2020Piper SandlerLower Price TargetOverweight$265.00 ➝ $255.00Medium
7/21/2020Royal Bank of CanadaReiterated RatingHoldHigh
6/12/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformMedium
5/27/2020SunTrust BanksBoost Price TargetHold$262.00 ➝ $268.00Low
5/26/2020Piper SandlerBoost Price TargetOverweight$230.00 ➝ $265.00High
5/8/2020Stifel NicolausBoost Price TargetBuy$248.00 ➝ $270.00Low
4/7/2020CitigroupLower Price TargetNeutral$320.00 ➝ $210.00Low
4/2/2020SunTrust BanksLower Price 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 Price 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 Price TargetBuy$355.00Low
10/11/2019BarclaysSet Price TargetBuy$350.00Low
10/8/2019KeyCorpBoost Price TargetOverweight$320.00 ➝ $342.00Low
9/16/2019Capital One FinancialReiterated RatingEqual WeightHigh
9/6/2019Morgan StanleyBoost Price TargetOverweight$320.00 ➝ $354.00Low
8/15/2019BTIG ResearchUpgradeNeutral ➝ Buy$335.00Medium
7/31/2019KeyCorpBoost Price TargetPositive ➝ Overweight$311.00 ➝ $320.00Medium
7/30/2019CitigroupBoost Price TargetNeutral$280.00 ➝ $300.00Low
7/26/2019Stifel NicolausBoost Price TargetBuy$300.00 ➝ $325.00Low
7/24/2019BMO Capital MarketsSet Price TargetHold$310.00Low
7/16/2019BarclaysBoost Price TargetOverweight$310.00 ➝ $328.00Low
7/10/2019KeyCorpBoost Price TargetOverweight$301.00 ➝ $311.00Medium
6/27/2019Morgan StanleyBoost Price 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 Price TargetOverweight ➝ Overweight$268.00 ➝ $301.00Low
3/15/2019BarclaysReiterated RatingBuy$303.00Low
2/7/2019Jefferies Financial GroupDowngradeBuy ➝ Hold$290.00 ➝ $295.00Low
2/5/2019CitigroupSet Price TargetHold$275.00Low
2/4/2019BarclaysUpgradeNeutral ➝ PositiveMedium
1/30/2019BMO Capital MarketsReiterated RatingHold$260.00Low
12/19/2018Janney Montgomery ScottUpgradeNeutral ➝ Buy$255.60Low
12/19/2018JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
12/17/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$260.00 ➝ $292.00High
12/11/2018Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$262.00 ➝ $284.00Low
12/9/2018Jefferies Financial GroupBoost Price Target$262.00 ➝ $297.00Low
12/2/2018Jefferies Financial GroupBoost Price Target$262.00Low
11/30/2018Jefferies Financial GroupUpgradeHold ➝ Buy$262.00 ➝ $297.00High
11/15/2018BarclaysBoost Price TargetOverweight ➝ Overweight$258.00 ➝ $262.00Low
11/5/2018MizuhoReiterated RatingHold$265.00Low
11/2/2018BMO Capital MarketsDowngradeOutperform ➝ Market Perform$255.00 ➝ $260.00Medium
10/31/2018Stifel NicolausReiterated RatingBuy$275.00Low
10/31/2018Mitsubishi UFJ Financial GroupBoost Price TargetOverweight$266.00 ➝ $270.00Low
10/22/2018Capital One FinancialInitiated CoverageEqual Weight$255.00Medium
10/21/2018Capital One FinancialReiterated RatingEqual WeightLow
10/16/2018ScotiabankInitiated CoverageOutperformMedium
10/1/2018Jefferies Financial GroupReiterated RatingHold$247.00Low
9/14/2018CitigroupDowngradeBuy ➝ Neutral$280.00 ➝ $260.00Medium
8/30/2018Royal Bank of CanadaReiterated RatingBuy$269.00Low
8/6/2018DA DavidsonReiterated RatingNeutralLow
8/6/2018MizuhoReiterated RatingHold$263.00Low
8/2/2018Stifel NicolausUpgradeHold ➝ Buy$235.00 ➝ $260.00High
7/23/2018Raymond JamesUpgradeUnderperform ➝ Market PerformLow
7/17/2018BarclaysLower Price TargetOverweight ➝ Overweight$272.00 ➝ $269.00Low
6/14/2018Morgan StanleyLower Price TargetOverweight ➝ Overweight$267.00 ➝ $260.00Low
6/8/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$276.00 ➝ $277.00Low
3/20/2018Sandler O'NeillReiterated RatingHold$250.00Low
3/20/2018SunTrust BanksDowngradeBuy ➝ Hold$241.99 ➝ $253.00Low
3/6/2018JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$281.00 ➝ $277.00High
3/2/2018BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$250.00 ➝ $255.00Low
2/21/2018Cantor FitzgeraldSet Price TargetBuy$264.00Low
2/20/2018Wells Fargo & CompanyReiterated RatingMarket Perform$263.00 ➝ $251.00Medium
2/13/2018Jefferies Financial GroupReiterated RatingHold$252.00Low
2/13/2018Bank of AmericaUpgradeNeutral ➝ Buy$227.85 ➝ $284.00Low
2/9/2018Sandler O'NeillSet Price TargetHold$235.00Low
2/9/2018MizuhoUpgradeUnderperform ➝ Neutral$223.00High
2/8/2018Cantor FitzgeraldSet Price TargetBuy$279.00Medium
1/30/2018BarclaysLower Price TargetOverweight ➝ Overweight$277.00 ➝ $271.00Low
1/22/2018SunTrust BanksUpgradeHold ➝ BuyMedium
1/19/2018Stifel NicolausDowngradeBuy ➝ Hold$280.00 ➝ $235.00Low
1/12/2018Sandler O'NeillSet Price TargetHold$250.00Medium
1/9/2018BMO Capital MarketsReiterated RatingHold$250.00Medium
1/8/2018Raymond JamesReiterated RatingMarket Perform ➝ UnderperformLow
1/3/2018Mitsubishi UFJ Financial GroupUpgradeNeutral ➝ OverweightLow
1/3/2018CitigroupUpgradeOverweight$253.00 ➝ $278.00Medium
12/27/2017JMP SecuritiesReiterated RatingHoldLow
12/14/2017CitigroupUpgradeNeutral ➝ Buy$280.00Low
12/13/2017BTIG ResearchUpgradeNeutral ➝ Buy$273.00Low
12/11/2017Evercore ISIUpgradeIn-Line ➝ Outperform$274.00Medium
11/27/2017BMO Capital MarketsReiterated RatingHold$257.00Low
11/12/2017Royal Bank of CanadaReiterated RatingBuyN/A
11/8/2017Cantor FitzgeraldReiterated RatingBuy$279.00N/A
11/6/2017MizuhoDowngradeNeutral ➝ Underperform$250.00N/A
11/3/2017Mitsubishi UFJ Financial GroupReiterated RatingNeutralN/A
11/3/2017SunTrust BanksReiterated RatingHold$270.00N/A
10/20/2017Royal Bank of CanadaReiterated RatingBuy$276.00N/A
10/19/2017BarclaysReiterated RatingBuy$283.00N/A
10/17/2017Robert W. BairdReiterated RatingBuy$273.00N/A
9/13/2017Cantor FitzgeraldReiterated RatingBuy$280.00Low
9/12/2017Robert W. BairdReiterated RatingBuy$273.00Medium
9/1/2017Stifel NicolausInitiated CoverageBuy$294.00Low
8/21/2017BarclaysReiterated RatingOverweight$269.00 ➝ $280.00Low
8/16/2017Morgan StanleyBoost Price TargetOverweight$260.00 ➝ $267.00Low
8/14/2017Royal Bank of CanadaBoost Price TargetOutperform$267.00 ➝ $276.00Medium
8/13/2017Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$267.00 ➝ $276.00Medium
(Data available from 8/12/2017 forward)

News Sentiment Rating

1.07 (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
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/14/2022
  • 23 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/13/2022
  • 17 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/15/2022
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/14/2022
  • 32 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/14/2022
  • 13 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/13/2022
  • 10 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/13/2022
  • 30 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/12/2022

Current Sentiment

  • 30 very positive mentions
  • 4 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 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
Read More

Today's Range

Now: $297.13
Low: $293.70
High: $297.47

50 Day Range

MA: $269.44
Low: $253.94
High: $292.75

52 Week Range

Now: $297.13
Low: $250.62
High: $363.36

Volume

232,359 shs

Average Volume

390,078 shs

Market Capitalization

$19.35 billion

P/E Ratio

50.28

Dividend Yield

3.01%

Beta

0.77

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: Barclays PLC, BMO Capital Markets, BTIG Research, Citigroup Inc., Credit Suisse Group AG, Evercore ISI, Jefferies Financial Group Inc., JMP Securities, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Raymond James, Scotiabank, Stifel Nicolaus, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., and Wells Fargo & Company.
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 $308.41, suggesting a possible upside of 3.8%. JPMorgan Chase & Co. has the highest price target set, predicting ESS will reach $359.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $235.00 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 3 sell ratings, 7 hold ratings and 8 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.