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NYSE: ESS
Essex Property Trust Inc Stock Forecast, Predictions & Price Target

Analyst price target for ESS

Based on 13 analysts offering 12 month price targets for Essex Property Trust Inc.
Min Forecast
$223.00-8.91%
Avg Forecast
$244.31-0.21%
Max Forecast
$291.00+18.87%

Should I buy or sell ESS stock?

Based on 13 analysts offering ratings for Essex Property Trust Inc.
Hold
Strong Buy
3 analysts 23.08%
Buy
2 analysts 15.38%
Hold
6 analysts 46.15%
Sell
0 analysts 0%
Strong Sell
2 analysts 15.38%

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ESS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-28
lockedlocked$00.00+00.00%2024-03-26
lockedlocked$00.00+00.00%2024-03-18
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-02-28
Morgan Stanley
Bottom 19%
19
HoldMaintains$230.00-6.05%2024-02-26
Goldman Sachs
Bottom 6%
6
Strong SellReinstates$227.00-7.28%2024-02-22
Barclays
Bottom 5%
5
Strong SellMaintains$225.00-8.09%2024-02-20
RBC Capital
Bottom 7%
7
BuyMaintains$239.00-2.37%2024-02-08
Stifel Nicolaus
Top 22%
79
HoldMaintains$223.00-8.91%2024-02-07

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Forecast return on equity

Is ESS forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.27%

Forecast return on assets

Is ESS forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ESS revenue forecast

What is ESS's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.7B+1.99%
Avg 2 year Forecast
$1.8B+4.93%
Avg 3 year Forecast
$1.8B+9.72%
ESS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ESS earnings growth forecast

How is ESS forecast to perform vs REIT - Residential companies and vs the US market?
Company
43.59%
Industry
25.62%
Market
22.08%
ESS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ESS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ESS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ESS revenue growth forecast

How is ESS forecast to perform vs REIT - Residential companies and vs the US market?
Company
2.95%
Industry
3.48%
Market
10.52%
ESS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ESS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ESS vs Residential REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
ESS$244.81$244.31-0.21%Hold
SUI$128.58$137.29+6.77%Buy
MAA$131.58$137.79+4.72%Buy
AMH$36.78$39.57+7.59%Strong Buy
UDR$37.41$37.50+0.24%Hold

Essex Property Trust Stock Forecast FAQ

Is Essex Property Trust Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: ESS) stock is to Hold ESS stock.

Out of 13 analysts, 3 (23.08%) are recommending ESS as a Strong Buy, 2 (15.38%) are recommending ESS as a Buy, 6 (46.15%) are recommending ESS as a Hold, 0 (0%) are recommending ESS as a Sell, and 2 (15.38%) are recommending ESS as a Strong Sell.

If you're new to stock investing, here's how to buy Essex Property Trust stock.

What is ESS's revenue growth forecast for 2024-2026?

(NYSE: ESS) Essex Property Trust's forecast annual revenue growth rate of 2.95% is not forecast to beat the US REIT - Residential industry's average forecast revenue growth rate of 3.48%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Essex Property Trust's revenue in 2024 is $1,669,395,000.On average, 10 Wall Street analysts forecast ESS's revenue for 2024 to be $109,313,965,452, with the lowest ESS revenue forecast at $108,632,958,959, and the highest ESS revenue forecast at $110,555,211,659. On average, 10 Wall Street analysts forecast ESS's revenue for 2025 to be $112,467,448,614, with the lowest ESS revenue forecast at $110,730,487,206, and the highest ESS revenue forecast at $117,341,521,292.

In 2026, ESS is forecast to generate $117,603,343,153 in revenue, with the lowest revenue forecast at $114,356,058,682 and the highest revenue forecast at $124,130,399,065.

What is ESS's forecast return on assets (ROA) for 2024-2027?

(NYSE: ESS) forecast ROA is N/A, which is lower than the forecast US REIT - Residential industry average of N/A.

What is ESS's Price Target?

According to 13 Wall Street analysts that have issued a 1 year ESS price target, the average ESS price target is $244.31, with the highest ESS stock price forecast at $291.00 and the lowest ESS stock price forecast at $223.00.

On average, Wall Street analysts predict that Essex Property Trust's share price could fall to $244.31 by Mar 28, 2025. The average Essex Property Trust stock price prediction forecasts a potential downside of 0.21% from the current ESS share price of $244.81.

What is ESS's forecast return on equity (ROE) for 2024-2027?

(NYSE: ESS) forecast ROE is N/A, which is considered weak.
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