15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 18 firms covering Essex Property Trust Inc, 8 rate it Buy or better, 9 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $278.00 to $352.00, so the covering firms are broadly aligned. The average target of $301.53 sits 9% above the current $277.49. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 7 to 8 over recent months. On the fundamentals, the Street sees revenue growth near 3% this year and 3% next, consensus EPS building from about $1.49 next quarter toward $6.24 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS18 ratings
Moderate Buy
Strong Buy00%
Buy844%
Hold950%
Sell16%
Strong Sell00%
Based on 18 analysts giving stock ratings to Essex Property Trust Inc.
As of Sep, 8 of 18 firms rate ESS a Buy (9 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
ESS EPS & revenue forecast
EPS · NEXT QUARTER
$1.49
Range $1.47 – $1.52 · 4 analysts · +19% YoY
Next period, 4 analysts expect Essex Property Trust Inc to earn $1.49 a share (range $1.47 – $1.52), versus $1.25 a year earlier. Full-year consensus is $5.50, growing to $6.24 the year after.
REVENUE · NEXT QUARTER
$493.7M
Range $490.0M – $501.6M · 4 analysts · +4% YoY
Revenue is expected to reach $493.7M (range $490.0M – $501.6M), +4.0% year-over-year. Full-year consensus is $2.0B, rising to $2.0B next year.
Top analysts covering Essex Property Trust Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ESS.
#1
Simon Yarmak
Stifel · Rank #34
Hold
$292.75+5.5% to target
Overall win rate
46%
+ Follow
#2
Nicholas Yulico
Scotiabank · Rank #68
Buy
$307.00+10.6% to target
Overall win rate
51%
+ Follow
#3
Alexander Goldfarb
Piper Sandler · Rank #120
Buy
$352.00+26.9% to target
Overall win rate
43%
+ Follow
#4
Steve Sakwa
Evercore ISI Group · Rank #163
Buy
$303.00+9.2% to target
Overall win rate
40%
+ Follow
#5
Michael Lewis
Truist Securities · Rank #187
Hold
$286.00+3.1% to target
Overall win rate
42%
+ Follow
ESS stock forecast FAQ
What is ESS's average 12-month price target?+
The 18 analysts with a live target average $301.53 for Essex Property Trust Inc over the next 12 months, ranging from a $352.00 high to a $278.00 low.
Is ESS stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 18 analyst ratings, 8 are Buy or Strong Buy, 9 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for ESS?+
The Street-high target is $352.00 (Piper Sandler), and the Street-low is $278.00 (UBS). The average of all 18 active targets is $301.53.
How many Wall Street analysts cover ESS?+
18 analysts have an active rating on Essex Property Trust Inc, and 18 firms carry a live 12-month price target.
Who is the most accurate analyst covering ESS?+
Among analysts who currently cover ESS, Simon Yarmak of Stifel has the strongest overall Quantellect track record (Rank #34). Their current call is Hold with a $292.75 target.
What is Essex Property Trust Inc's projected EPS for next quarter?+
The consensus estimate is $1.49 per share (range $1.47 – $1.52) across 4 analysts. Full-year EPS is projected at $5.50, rising to $6.24 the following year.
How much revenue is Essex Property Trust Inc expected to report next quarter?+
Consensus revenue is $493.7M (range $490.0M – $501.6M). Full-year revenue is projected at $2.0B, growing to $2.0B next year.
Have analysts been upgrading or downgrading ESS lately?+
As of Sep, 8 of 18 firms rate ESS a Buy (9 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ESS calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
