MarketBeat reports Moderate Buy consensus for Essex Property Trust stock

Published on 10/07/2026 at 03:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Essex Property Trust stock has a Moderate Buy consensus from 22 firms. Prior close was EUR 242.00 on October 5, 2026 before October 27 results.

Modernes Wohnkomplex an Küste Kaliforniens mit Palmen und Meerblick — Modernes Apartment-Komplex an der kalifornischen Küste mit Palmen und Ozeanblick für Essex Property Trust US29717P1049, Illustration mit AI erstellt.

Essex Property Trust (ISIN US2971781057) has a Moderate Buy consensus from 22 research firms, with an average one-year target of USD 303.04, according to MarketBeat on October 6, 2026. Essex Property Trust also announced through Business Wire on October 6, 2026 that it plans to release third-quarter results after the market close on October 27, 2026.

Analyst targets remain above the quote

The consensus includes one strong buy rating, ten buy ratings, ten hold ratings and one sell rating. MarketBeat also lists Piper Sandler's USD 352.00 target, raised from USD 310.00 on July 21, 2026, while Mizuho kept a neutral rating and cut its target from USD 308.00 to USD 295.00 on September 8, 2026.

The NYSE quote was last at USD 272.49 on October 6, 2026 at 4:00 p.m. ET. That level stood USD 30.86 below the 52-week high of USD 303.35, a 10.17 percent gap calculated from the high, and the market capitalization was USD 17.5 billion on the same date.

Second-quarter figures set the baseline

For the second quarter of 2026, Essex reported revenue of USD 489.05 million versus consensus of USD 485.12 million, according to MarketBeat. Reported earnings per share were USD 4.08 against consensus of USD 1.46, a USD 2.62 difference on the same quarterly comparison.

Essex's second-quarter GAAP diluted earnings per share were USD 0.97, while the standardized financial statement data show quarterly revenue of USD 489.049 million and net income of USD 66.929 million for the period ended June 30, 2026. The company set third-quarter 2026 Core FFO guidance at USD 3.93-4.05 per diluted share and full-year 2026 guidance at USD 16.03-16.25, according to StockTitan.

Prior close sets the euro reference

The Lang & Schwarz data set lists a prior close of EUR 242.00 for October 5, 2026. The October 6, 2026 quote carried no valid daily comparison for the October 7 publication date, so the prior close is the relevant euro reference for German investors.

The further course of trading is shown by the continuously updated real-time quote of Essex Property Trust stock.