Key facts, as of
As of November 5, 2026, Essex Property Trust (ESS) trades at $271.34, up 4.2% over the past year. Its 52-week range runs from $238.46 to $303.35; the price is 10.6% below that high. It is 25.3% below its all-time high of $363.36, reached in April 2022. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +72.5%, against +316.3% for the S&P 500 (SPY). It sits 0.5% above its 200-day average of $270.00. Its 30-day volatility is 25.4% annualized, which we rate medium risk. It has a trailing P/E of 50.3 and a dividend yield of 3.82%.
Cite: Portfolio Terminal, "Essex Property Trust (ESS) stock analysis", 2026-11-05. https://portfolio-terminal.com/analyse/ess
Where it trades today
trading 51% of the way up its 52-week range
How the price has moved
How far it is from its record
Essex Property Trust (ESS) is 25.3% below its all-time high of $363.36, reached in April 2022. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +72.5%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- ESS closes below its 50-day average ($272.60) while the 50-day is still above the 200-day ($270.00): a pullback inside a longer rise, not yet a downtrend.
- At $271.34, ESS is 10.6% below its 1-year high of $303.35, set on July 7, 2026, and 13.8% above its 1-year low of $238.46 (March 27, 2026).
- Over the past month ESS fell 0.4%, from $272.49 to $271.34.
- ESS trades at 50.3x its last twelve months of earnings and 43.3x the next twelve months' estimate, so analysts expect earnings 16.3% higher.
- Its P/E is 188.4% above the 17.5x median of the 3 other reit—residential companies we track (MAA, UDR, CPT).
- ESS's 30-day volatility, 25.4% a year, works out to a typical daily move of about 1.6%.
- Yahoo Finance puts its beta at 0.71: over five years of monthly returns, ESS moved about 0.71% for each 1% move of the S&P 500.
What would change the read
- A close back above the 50-day average, $272.60 (+0.5%), restores the uptrend; the 50-day falling 1.0% under the 200-day at $270.00 would make it a downtrend.
- A close above $303.35 (+11.8%) would be a new 1-year high; below $238.46 (−12.1%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for ESS, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under reit—residential among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for ESS by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for ESS. Last refresh: Nov 6, 2026, 6:10 AM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: REIT—Residential.
What Essex Property Trust does
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 258 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Essex Property Trust, Inc. was incorporated in 1971 in Maryland and is based in San Mateo, United States.
Employees
1,686
Industry
REIT - Residential
Headquarters
San Mateo, United States
What analysts expect
ESS carries a hold consensus from 25 analysts, with an average price target of $296.54 versus $271.34 today (+9.3%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
ESS generated $1.98B in trailing revenue (2.2% year over year), with a 17.5% net margin, and $1.10B of free cash flow, against $6.54B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $1.89B | $1.28B | $601.91M | $669.67M | $10.40 | $934.08M |
| 2024 | $1.77B | $1.21B | $528.51M | $741.52M | $11.55 | $931.91M |
| 2023 | $1.67B | $1.14B | $525.43M | $405.82M | $6.32 | $839.69M |
| 2022 | $1.61B | $1.10B | $513.18M | $408.31M | $6.27 | $812.46M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
ESS is in 14 of the 54 ETFs we track. It weighs most in VNQ: 0.98% of the fund, holding #17 of 140.
How its figures compare with those peers
Companies in the same industry
ESS beside the other companies Yahoo Finance files under reit—residential among the assets we track (MAA, UDR, CPT, largest first).
What the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 0.5% below its 50-day average and 0.5% above its 200-day.
- RSI at 51 is neither stretched nor washed out.
- The nearest ceiling is $278.69 (+2.7%), the nearest floor $265.54 (-2.1%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is ESS valued right now?
Essex Property Trust trades at 50.3 times its last twelve months of earnings and 43.3 times the next twelve months' estimate (Yahoo Finance, November 5, 2026). On the chart: slipped under its 50-day average inside a longer uptrend. Price is 0.5% below its 50-day average and 0.5% above its 200-day.
What is the risk level of ESS?
Based on 30-day volatility of 25.4%, ESS has MEDIUM risk. Its beta of 0.71 means it has swung less than the S&P 500 over the last five years.
Does ESS pay dividends?
Yes, Essex Property Trust has a dividend yield of 3.82%.
How far is ESS from its all-time high?
Essex Property Trust is 25.3% below its all-time high of $363.36, reached in April 2022. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +72.5%, against +316.3% for the S&P 500 (SPY).
Which ETFs hold ESS?
14 of the 54 popular ETFs we track hold Essex Property Trust. The largest weights: VNQ (0.98%), VB (0.22%), RSP (0.20%), VOO (0.03%) and SPY (0.03%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is ESS?
0.03%, as of September 30, 2026: ESS is holding #399 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.26 in Essex Property Trust.
What is the analyst price target for ESS?
The average analyst price target for Essex Property Trust (ESS) is $296.54 based on 25 analyst estimates, about 9.3% above the current price of $271.34. The published range runs from $239.00 to $330.00.
How much revenue does ESS generate?
Essex Property Trust reported $1.98B in trailing twelve-month revenue. Revenue growth is running at 2.2% year over year. Net margin sits at 17.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare ESS with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.