First Time Loading...

Essex Property Trust Inc
NYSE:ESS

Watchlist Manager
Essex Property Trust Inc Logo
Essex Property Trust Inc
NYSE:ESS
Watchlist
Price: 246.92 USD -0.12% Market Closed
Updated: Apr 27, 2024

Wall Street
Price Targets

ESS Price Targets Summary
Essex Property Trust Inc

Wall Street analysts forecast ESS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ESS is 251.19 USD with a low forecast of 204.02 USD and a high forecast of 305.55 USD.

Lowest
Price Target
204.02 USD
17% Downside
Average
Price Target
251.19 USD
2% Upside
Highest
Price Target
305.55 USD
24% Upside

ESS Last Price Targets
Essex Property Trust Inc

The latest public price target was made on Apr 9, 2024 by Michael Lewis from Truist Financial , who expects ESS stock to rise by 3% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Michael Lewis
Truist Financial
255 USD
Upside 3%
2 weeks ago
Apr 9, 2024
Essex Property Trust price target lowered to $255 from $259 at Truist
TheFly
Mike Lewis
Truist Financial
259 USD
Upside 5%
4 weeks ago
Mar 28, 2024
Essex Property Trust (ESS) PT Lowered to $259 at Truist Securities, 'due to more conservative forecasted same-store NOI'
StreetInsider
Buck Horne
Raymond James
265 USD
Upside 7%
1 month ago
Mar 18, 2024
Raymond James Upgrades Essex Property Trust (ESS) to Outperform
StreetInsider
Robert Stevenson
Mizuho Securities
250 USD
Upside 1%
1 month ago
Feb 28, 2024
Mizuho Securities Upgrades Essex Property Trust (ESS) to Buy, 'Heading West with an Out of Consensus Call'
StreetInsider
Simon Yarmak
Stifel Nicolaus
250 USD
Upside 1%
9 months ago
Jul 18, 2023
Stifel Downgrades Essex Property Trust, Citing Below-Average FFO Growth And Market Challenges
Benzinga
Nicholas Yulico
Scotiabank
240 USD
Downside 3%
1 year ago
Apr 18, 2023
Check Out 3 High-Yielding Dividend Stocks In Real Estate Sector From Wall Street's Most Accurate Analysts
Benzinga
James Feldman
Wells Fargo
208 USD
Downside 16%
1 year ago
Mar 31, 2023
Check Out 3 High-Yielding Dividend Stocks In Real Estate Sector From Wall Street's Most Accurate Analysts
Benzinga
Show More Price Targets
Show Less Price Targets
Michael Lewis
Truist Financial
Price Target 255 USD
Upside/Downside 3%
View Source
Mike Lewis
Truist Financial
Price Target 259 USD
Upside/Downside 5%
View Source
Buck Horne
Raymond James
Price Target 265 USD
Upside/Downside 7%
View Source
Robert Stevenson
Mizuho Securities
Price Target 250 USD
Upside/Downside 1%
View Source
Simon Yarmak
Stifel Nicolaus
Price Target 250 USD
Upside/Downside 1%
View Source
Nicholas Yulico
Scotiabank
Price Target 240 USD
Upside/Downside 3%
View Source
James Feldman
Wells Fargo
Price Target 208 USD
Upside/Downside 16%
View Source
Show More Price Targets
Show Less Price Targets
Essex Property Trust Inc Competitors:
Price Targets
UMH
UMH Properties Inc
20% Upside
8986
Daiwa Securities Living Investment Corp
20% Upside
SUI
Sun Communities Inc
22% Upside
SOHO
Triple Point Social Housing REIT PLC
11% Upside
INVH
Invitation Homes Inc
11% Upside
3278
Kenedix Residential Next Investment Corp
5% Upside
3282
Comforia Residential Reit Inc
7% Upside
UTG
Unite Group PLC
20% Upside

Revenue
Forecast

Revenue Estimate
Essex Property Trust Inc

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's revenue is 4%. The projected CAGR for the next 3 years is 3%.

4%
Past Growth
3%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Essex Property Trust Inc

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's operating income is 6%. The projected CAGR for the next 3 years is 4%.

6%
Past Growth
4%
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Net Income
Forecast

Net Income Estimate
Essex Property Trust Inc

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's net income is 8%. The projected CAGR for the next 3 years is 0%.

8%
Past Growth
0%
Estimated Growth
Estimates Accuracy
13%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ESS's stock price target?
Price Target
251.19 USD

According to Wall Street analysts, the average 1-year price target for ESS is 251.19 USD with a low forecast of 204.02 USD and a high forecast of 305.55 USD.

What is Essex Property Trust Inc's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's revenue is 4%. The projected CAGR for the next 3 years is 3%.

What is Essex Property Trust Inc's Operating Income forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's operating income is 6%. The projected CAGR for the next 3 years is 4%.

What is Essex Property Trust Inc's Net Income forecast?
Projected CAGR
0%

For the last 8 years the compound annual growth rate for Essex Property Trust Inc's net income is 8%. The projected CAGR for the next 3 years is 0%.