Skip to main content
ESS logo

ESS · Essex Property Trust, Inc.

Track ESS — free
$271.52 +6.62 (+2.50%) At close · Nov 4
Market Cap
$17.02B
Shares
64.27M
Volume · Nov 4 891.36K Avg daily vol (3M) 519.56K

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$271.52 Open$268.76 Day$266.84–273.47 52W close$239.61–298.33 Avg vol 30d576K Short int2.5M · 3.9% of shares · 5.7d Short vol24% Last earningsOct 28, 2026 DataJan 2020–Nov 2026 Filing10-Q · Oct 28

Up next

Jan 13, 2027 Est · unconfirmed · in 10 wks

Latest documents

2026
Oct 28
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Quarterly report for FY2026 Q3

Essex Property Trust, Inc. reported Same-Property revenues of $1,337.4 million for the nine months ended September 30, 2026, up 2.9%, with average financial occupancy of 96.4%; legal settlement costs increased general and administrative expense to $109.7 million.

Revenue $492.69M ▲ 4.1% Net income $103.74M ▼ 39.9% Diluted EPS $1.52 ▼ 40.6%
Read from the MD&A section
Oct 27
Current report 8-K
Financial results

Essex Property Trust, Inc. raised full-year 2026 Core FFO guidance to $16.10 - $16.22 per diluted share and reported third-quarter 2026 Core FFO of $4.00, up 0.8%, with same-property revenue and NOI growth of 3.0% and 3.1%.

Read from the first part of this long document
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$1.95B
Trailing 12 months
Net income (TTM)
$368.62M
Trailing 12 months
Revenue growth YoY
+4.1%
Year over year
Operating margin
29.5%
Trailing 12 months
P / FFO
16.0×
Company-stated · FY2025 · reciprocal yield 6.3%
P / E (TTM)
49.2
Trailing earnings · reciprocal yield 2.0%
Return on invested capital
—
Trailing 12 months
Net cash
−$6.57B
Latest balance sheet
Dividend yield
3.9%
Trailing 12 months
Shares change YoY
-0.2%
Year over year · fewer shares
Price change (1Y)
+4.2%
Trailing year
Short interest
3.9%
Latest settlement · 5.7 days to cover
View all 126 metrics

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Neutral Momentum Strong Sentiment Neutral Fundamentals Weak Quant / Vol Very Low
Market backdrop VIX 20.8 · elevated Equity put/call 0.60
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg +1%
above
Price vs 50-day avg −1%
below
RSI (14) 51
neutral
MACD trend Negative
52-week position 54%
mid-range
Momentum
relative strength
Strong
1-month return +1%
trailing
6-month return +1%
trailing
YTD return +4%
this year
Relative strength −1%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $273 › 200d $270 — 50d above 200d
Institutional flow Distributing
250 of 639 funds reported for Sep 30 · net -10.9K sh shares · +30 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
3.92% of shares out · ▼ -0.8% MoM · 5.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
639 holders — near 3-yr high, broad support
Squeeze score 58
elevated · 0–100
Fundamentals
Weak
Revenue growth +6%
Y/Y
Gross margin 70%
contracting
EPS growth −10%
Y/Y
Valuation P/E 49.2
rich
Buyback $883.5M
remaining
Balance sheet $590.5M
net debt
Quant / Vol
risk profile
Very Low
Volatility 20%
annualized · 1-yr
Max drawdown −12%
past year
ATR 2.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 2 of last 4
Latest guidance · from the 8-K filed Oct 27, 2026
2026 Full-Year
Revenue Non-GAAP 2.8% – 3%
Operating Expenses Non-GAAP 2.6% – 2.9%
Net Operating Income Non-GAAP 2.8% – 3.2%
2026 Full-Year Guidance Range
Same-property NOI growth Raised 2.8% – 3.2%
Feb 4, 2026 0.8% – 3.4% changed to Oct 27, 2026 2.8% – 3.2%
% Change - Funds from Operations Non-GAAP -3.5% – -2.8%
% Change - Core Funds from Operations Non-GAAP 1% – 1.8%
Previous outlook earlier release · from the 8-K filed Jul 29, 2026

Still-open targets the latest release did not restate under the same label.

Net Income per diluted share · Full-Year 2026 $5.47 – $5.69
Funds from Operations per diluted Share · 2026 Full-Year Guidance Range $15.37 – $15.59
Core Funds from Operations per diluted Share · 2026 Full-Year Guidance Range $16.03 – $16.25
Core FFO per diluted share · full-year 2026 $16.14
Prior guidance period ended · from the Earnings Call filed Jul 30, 2026
Third quarter core FFO guidance · third quarter $3.99
Guided vs delivered · last 4 settled
EPS - diluted 3rd Quarter 2026
guided $1.41 – $1.53
$1.52 In line
EPS - diluted 2nd Quarter 2026
guided $1.36 – $1.48
$0.97 Miss −31.7%
EPS - diluted 1st Quarter 2026
guided $1.35 – $1.47
$1.65 Beat +17.0%
Net Income full-year 2025
guided $10.53 – $10.63
$10.40 Miss −1.7%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral
1 · 4 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+1% Bullish
Price vs 50-day avg
−1% Neutral
RSI (14)
51 Neutral
MACD trend
Negative Bearish
52-week position
54% Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $273 › 200d $270 — 50d above 200d
Institutional flow Distributing
250 of 639 funds reported for Sep 30 · net -10.9K sh shares · +30 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
3.92% of shares out · ▼ -0.8% MoM · 5.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
639 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $240 Now $272 · 54% Range high $298
vs 200-day avg +1% vs 50-day avg -1%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
NOI non-GAAP $345.71M Three Months Ended June 30, 2026 filing —
GAAP → non-GAAP reconciliation
GAAP Earnings from operations 109.37M
+13.43M Corporate-level property management expenses
+154.07M Depreciation and amortization
-2.32M Management and other fees from affiliates
+73.15M General and administrative
-2M Gain on sale of real estate and land
= NOI 345.71M
Same-Property NOI non-GAAP $316.83M Three Months Ended June 30, 2026 filing —
GAAP → non-GAAP reconciliation
GAAP NOI 345.71M
-28.88M Less: Non-Same Property NOI
= Same-Property NOI 316.83M

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

REIT - Residential — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
ESS
Essex Property Trust, Inc.
this stock
$17.02B +3.8% +6.4% 49.2 3.9%
VMRK
Vivmark Residential
$23.26B +1.1% +4.8% 26.9 5.3%
INVH
Invitation Homes Inc.
$15.33B -0.8% +4.2% 23.3 3.2%
SUI
Sun Communities Inc
$14.68B -2.2% +2.0% — 5.6%
MAA
Mid America Apartment Communities Inc.
$13.66B -12.1% +0.8% 35.6 4.1%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
650
% held
101.6%
Reported
250 of 639
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
699
View
Short & Settlement
Short Interest Falling
Shares short
2.5M
Days to cover
5.7d
Change
-19.4K sh
View
Short Volume
Short vol %
24%
As of
Nov 4, 2026
Short Total
View
Fails to Deliver
FTD shares
754
Value
$206.5K
As of
Sep 30, 2026
View
Off-Exchange
Off-exchange %
36.2%
Week of
Sep 28, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Buy
Member
Alan Armstrong
Amount
$1.0K–$15.0K
Traded
Mar 27, 2026
View
Financials
Financials
Revenue (FY)
$1.9B
Net income (FY)
$390.2M
EPS diluted
$10.40
View
Buybacks
Remaining
$883.5M
View
Filings
SEC Filings
Latest
10-Q
Filed
Oct 28, 2026
This year
18

Essex Property Trust, Inc. reported Same-Property revenues of $1,337.4 million for the nine months ended September 30, 2026, up 2.9%, with average financial occupancy of 96.4%; legal settlement costs increased general and administrative expense to $109.7 million.

View
Proposed Sales
Value
$167.7K
Shares
600
Filed
May 27, 2026
View
Earnings & Events
Webcasts
Last webcast
Oct 28, 2026
View
Investor Relations
Latest news
Essex Announces Third Quarter 202…
Published
Oct 27, 2026
View

Performance

5D 20D 120D MTD YTD
ESS +3.9% +1.3% +1.1% +2.8% +3.8%
SPY -0.7% -1.3% +2.5% +1.5% +12.5%
vs SPY +4.6% +2.6% -1.4% +1.3% -8.7%

Capital returns

Latest dividend
$2.59 / share · ex Sep 30, 2026
Raised 0.8%
Paid (TTM)
$10.34 / share · 4 payouts
Dividend yield (TTM, derived)
3.81%
Full dividend history
Buyback program · as of Sep 30, 2026
Authorized
—
Spent (derived)
—
Remaining
$883.50M

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 920522 CUSIP 297178105 13F (30d) 249 filings 227 filers Visit website Investor relations