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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for ESS

Based on 14 analysts offering 12 month price targets for Essex Property Trust Inc

Min Forecast
$266.00-14.32%
Avg Forecast
$303.29-2.31%
Max Forecast
$355.00+14.35%

Should I buy or sell ESS stock?

Based on 14 analysts offering ratings for Essex Property Trust Inc.

Buy
Strong Buy
2 analysts 14.29%
Buy
3 analysts 21.43%
Hold
9 analysts 64.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although ESS's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates ESS as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

Be the first to know when Wall Street analysts revise their ESS stock forecasts and price targets.

ESS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-24
lockedlocked$00.00+00.00%2024-09-16
lockedlocked$00.00+00.00%2024-09-16
lockedlocked$00.00+00.00%2024-09-16
lockedlocked$00.00+00.00%2024-09-10
Goldman Sachs
Bottom 26%
26
HoldInitiates Coverage On$318.00+2.43%2024-09-04
Raymond James
Top 11%
90
BuyMaintains$325.00+4.68%2024-08-29
Truist Securities
Top 11%
90
HoldMaintains$294.00-5.30%2024-08-27
Piper Sandler
Top 24%
77
Strong BuyMaintains$355.00+14.35%2024-08-26
Wells Fargo
Top 26%
75
HoldMaintains$314.00+1.14%2024-08-26

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Forecast return on equity

Is ESS forecast to generate an efficient return?

Company
20.3%
Industry
18.88%
Market
70.73%
ESS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ESS forecast to generate an efficient return on assets?

Company
8.72%
Industry
8.26%
ESS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ESS earnings per share forecast

What is ESS's earnings per share in the next 3 years based on estimates from 11 analysts?

Avg 1 year Forecast
$15.56+81.78%
Avg 2 year Forecast
$16.01+87.01%
Avg 3 year Forecast
$16.60+93.95%
ESS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ESS revenue forecast

What is ESS's revenue in the next 3 years based on estimates from 9 analysts?

Avg 1 year Forecast
$1.8B+1.61%
Avg 2 year Forecast
$1.8B+6.08%
Avg 3 year Forecast
$1.9B+9.27%
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
24.63%
Industry
25.72%
Market
17.57%
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
3.08%
Industry
3.1%
Market
8.85%
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$310.46$303.29-2.31%Buy
MAA$164.16$176.07+7.26%Buy
INVH$34.25$38.46+12.28%Buy
SUI$126.33$138.78+9.85%Hold
UDR$45.86$45.92+0.14%Buy
View Top Residential REIT Stocks

Essex Property Trust Stock Forecast FAQ

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

The consensus among 14 Wall Street analysts covering (NYSE: ESS) stock is to Buy ESS stock.

Out of 14 analysts, 2 (14.29%) are recommending ESS as a Strong Buy, 3 (21.43%) are recommending ESS as a Buy, 9 (64.29%) are recommending ESS as a Hold, 0 (0%) are recommending ESS as a Sell, and 0 (0%) 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 earnings growth forecast for 2024-2026?

(NYSE: ESS) Essex Property Trust's forecast annual earnings growth rate of 24.63% is not forecast to beat the US REIT - Residential industry's average forecast earnings growth rate of 25.72%, and while it is forecast to beat the US market's average forecast earnings growth rate of 17.57%.

Essex Property Trust's earnings in 2024 is $549,460,000.On average, 11 Wall Street analysts forecast ESS's earnings for 2024 to be $1,000,040,627, with the lowest ESS earnings forecast at $996,788,692, and the highest ESS earnings forecast at $1,003,215,441. On average, 12 Wall Street analysts forecast ESS's earnings for 2025 to be $1,028,806,753, with the lowest ESS earnings forecast at $1,024,423,711, and the highest ESS earnings forecast at $1,039,712,946.

In 2026, ESS is forecast to generate $1,066,949,506 in earnings, with the lowest earnings forecast at $1,052,701,404 and the highest earnings forecast at $1,087,752,891.

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

(NYSE: ESS) Essex Property Trust's forecast annual revenue growth rate of 3.08% is not forecast to beat the US REIT - Residential industry's average forecast revenue growth rate of 3.1%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.85%.

Essex Property Trust's revenue in 2024 is $1,741,729,000.On average, 9 Wall Street analysts forecast ESS's revenue for 2024 to be $113,735,839,159, with the lowest ESS revenue forecast at $113,244,449,969, and the highest ESS revenue forecast at $114,806,792,529. On average, 9 Wall Street analysts forecast ESS's revenue for 2025 to be $118,747,032,035, with the lowest ESS revenue forecast at $117,248,956,959, and the highest ESS revenue forecast at $121,741,896,836.

In 2026, ESS is forecast to generate $122,312,013,695 in revenue, with the lowest revenue forecast at $120,050,376,630 and the highest revenue forecast at $124,166,066,370.

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

(NYSE: ESS) forecast ROA is 8.72%, which is higher than the forecast US REIT - Residential industry average of 8.26%.

What is ESS's Price Target?

According to 14 Wall Street analysts that have issued a 1 year ESS price target, the average ESS price target is $303.29, with the highest ESS stock price forecast at $355.00 and the lowest ESS stock price forecast at $266.00.

On average, Wall Street analysts predict that Essex Property Trust's share price could fall to $303.29 by Sep 24, 2025. The average Essex Property Trust stock price prediction forecasts a potential downside of 2.31% from the current ESS share price of $310.46.

What is ESS's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: ESS) Essex Property Trust's current Earnings Per Share (EPS) is $8.56. On average, analysts forecast that ESS's EPS will be $15.56 for 2024, with the lowest EPS forecast at $15.51, and the highest EPS forecast at $15.61. On average, analysts forecast that ESS's EPS will be $16.01 for 2025, with the lowest EPS forecast at $15.94, and the highest EPS forecast at $16.18. In 2026, ESS's EPS is forecast to hit $16.60 (min: $16.38, max: $16.93).

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

(NYSE: ESS) forecast ROE is 20.3%, which is considered strong.
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