Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust. The firm acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 258 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Read full Trend Edge analysis →
Sector: Real Estate
Industry: REIT-Residential
Exchange: NYSE
IPO Date: June 6, 1994
Headquarters: 1100 Park Place, San Mateo, CA, United States, 94403
Hidden Gem: Yes — undiscovered relative to its market cap tier
Founder-Led: No
Key Metrics
Current Price
$280.76
Market Cap
$19.83B
Float
63.6M
Shares Outstanding
64.3M
P/E (Forward)
51.28
P/E (TTM)
44.81
Price/Sales (TTM)
10.01
vs. Analyst Target
+8.3% to analyst PT
Profit Margin
20.89%
Operating Margin (TTM)
33.98%
Revenue (TTM)
$1.98B
Earnings Growth (YoY)
-71.80%
Dividend Rate
10.4%
Analyst Target Price
$304.15 (27 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$1.50B
$569M
$1.28B
$1.61B
2021
$1.44B
$489M
$1.21B
$1.50B
2022
$1.61B
$408M
$1.11B
$1.20B
2023
$1.67B
$406M
$1.14B
$1.19B
2024
$1.77B
$742M
$1.21B
$1.63B
2025
$1.90B
$672M
$1.31B
$1.56B
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$473M
$165M
Dec 2025
$480M
$83.4M
Mar 2026
$485M
$106M
Jun 2026
$489M
-$117M
Ownership & Float
Insider Ownership
0.7%
Institutional Ownership
104.4%
Short Float
3.5%
% of All Funds Holding
7.11%
Number of Funds Holding
625
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$290.31
Near-term / short-term trend
Weekly
40-Week SMA
$266.73
Medium-term trend
Weekly
80-Week SMA
$271.38
Cyclical trend (business cycle)
Weekly
200-Week SMA
$256.71
Secular trend (multi-year)
Monthly
10-Month SMA
$266.66
Near-term monthly trend
Monthly
20-Month SMA
$273.28
Medium-term monthly trend
Monthly
40-Month SMA
$263.21
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Essex Property Trust Inc
(ESS) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.