Essex Property Trust, Inc. (ESS)Real Estate | REIT - Residential | San Mateo, United States | NYSE
270.99 USD
+1.33
(0.493%)
⇧
(Oct. 16, 2026, 10:33 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:56 a.m. EDT
The headline yield of 3.86% is deceptive; a payout ratio exceeding 160% signals an unsustainable distribution that risks NAV erosion. Earnings have contracted sharply by 71.8%, undermining the business quality required to support such a yield. While institutional investors like the Swiss National Bank and Mizuho are accumulating shares, the underlying fundamentals are deteriorating. The security has too little price history to assess long-term trends accurately, making the current valuation of 42x earnings difficult to justify without a proven recovery. Short-term momentum is mixed, trading below the 50-day average but above the 200-day average, creating a precarious setup where the dividend is the primary attraction despite the high risk of cuts. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.042738 |
| AutoARIMA | 0.042738 |
| MSTL | 0.044830 |
| AutoTheta | 0.064952 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 7.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.363 |
| Excess Kurtosis | -1.04 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-09-29 |
| Last Dividend Date | 2026-09-29 |
| Debt to Equity Ratio | 122.409 |
| Revenue per Share | 30.765 |
| Market Cap | 18,678,308,864 |
| Trailing P/E | 42.14 |
| Forward P/E | 43.43 |
| Beta | 0.72 |
| Profit Margins | 20.89% |
| Website | https://www.essexapartmenthomes.com |
As of Oct. 10, 2026, 9:56 a.m. EDT: Speculators are positioning for a range-bound recovery with bullish call interest concentrated at 290 and 310 strikes for October 2026, suggesting upside hopes beyond current levels. Put buyers are hedging at the money (270) and deep out-of-the-money (150), indicating fear of downside volatility. Implied volatility remains elevated around 30%, reflecting uncertainty. Institutional flows show accumulation from major banks, contrasting with retail hedging.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.96% | 3.92% | 3.73% | 3.68% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-30 | 2.590 | 0.961431 |
| 2026-06-30 | 2.590 | 0.888233 |
| 2026-03-31 | 2.590 | 1.070248 |
| 2026-01-02 | 2.570 | 1.000428 |
| 2025-09-30 | 2.570 | 0.960173 |
| 2025-06-30 | 2.570 | 0.906845 |
| 2025-03-31 | 2.570 | 0.838308 |
| 2025-01-02 | 2.450 | 0.876503 |
| 2024-09-30 | 2.450 | 0.829328 |
| 2024-06-28 | 2.450 | 0.900073 |
| 2024-03-27 | 2.450 | 1.014871 |
| 2023-12-29 | 2.310 | 0.931677 |
| 2023-09-28 | 2.310 | 1.096085 |
| 2023-06-29 | 2.310 | 0.991119 |
| 2023-03-30 | 2.310 | 1.131355 |
| 2022-12-30 | 2.200 | 1.038128 |
| 2022-09-29 | 2.200 | 0.921813 |
| 2022-06-29 | 2.200 | 0.838574 |
| 2022-03-30 | 2.200 | 0.630879 |
| 2021-12-31 | 2.090 | 0.593362 |
| 2021-09-29 | 2.090 | 0.645201 |
| 2021-06-29 | 2.090 | 0.691755 |
| 2021-03-30 | 2.090 | 0.751474 |
| 2020-12-31 | 2.078 | 0.875242 |
| 2020-09-29 | 2.078 | 1.041082 |
| 2020-06-29 | 2.078 | 0.917723 |
| 2020-03-30 | 2.078 | 0.921467 |
| 2019-12-31 | 1.950 | 0.648142 |
| 2019-09-27 | 1.950 | 0.597518 |
| 2019-06-27 | 1.950 | 0.676215 |
| 2019-03-28 | 1.950 | 0.672020 |
| 2018-12-31 | 1.860 | 0.758533 |
| 2018-09-27 | 1.860 | 0.768945 |
| 2018-06-28 | 1.860 | 0.789507 |
| 2018-03-28 | 1.860 | 0.776197 |
| 2017-12-28 | 1.750 | 0.726412 |
| 2017-09-28 | 1.750 | 0.691563 |
| 2017-06-28 | 1.750 | 0.672456 |
| 2017-03-29 | 1.750 | 0.754310 |
| 2016-12-28 | 1.600 | 0.703142 |
| 2016-09-28 | 1.600 | 0.703575 |
| 2016-06-28 | 1.600 | 0.716750 |
| 2016-03-29 | 1.600 | 0.684726 |
| 2015-12-30 | 1.440 | 0.591935 |
| 2015-09-28 | 1.440 | 0.670235 |
| 2015-06-26 | 1.440 | 0.672363 |
| 2015-03-27 | 1.440 | 0.619701 |
| 2014-12-30 | 1.300 | 0.619136 |
| 2014-09-26 | 1.300 | 0.720062 |
| 2014-06-26 | 1.300 | 0.707676 |
| 2014-03-12 | 1.210 | 0.731737 |
| 2013-12-30 | 1.210 | 0.841622 |
| 2013-09-26 | 1.210 | 0.807528 |
| 2013-06-26 | 1.210 | 0.773954 |
| 2013-03-26 | 1.210 | 0.805110 |
| 2012-12-28 | 1.100 | 0.753064 |
| 2012-09-26 | 1.100 | 0.740641 |
| 2012-06-27 | 1.100 | 0.737859 |
| 2012-03-28 | 1.100 | 0.740342 |
| 2011-12-29 | 1.040 | 0.739792 |
| 2011-09-28 | 1.040 | 0.865009 |
| 2011-06-28 | 1.040 | 0.777686 |
| 2011-03-29 | 1.040 | 0.861141 |
| 2010-12-30 | 1.033 | 0.904950 |
| 2010-09-28 | 1.033 | 0.954449 |
| 2010-06-28 | 1.033 | 0.994608 |
| 2010-03-29 | 1.033 | 1.167232 |
| 2009-12-30 | 1.030 | 1.213192 |
| 2009-09-28 | 1.030 | 1.259939 |
| 2009-06-26 | 1.030 | 1.672349 |
| 2009-03-27 | 1.030 | 1.783859 |
| 2008-12-30 | 1.020 | 1.380430 |
| 2008-09-26 | 1.020 | 0.857215 |
| 2008-06-26 | 1.020 | 0.947603 |
| 2008-03-27 | 1.020 | 0.903454 |
| 2007-12-26 | 0.930 | 0.945602 |
| 2007-09-26 | 0.930 | 0.792569 |
| 2007-06-27 | 0.930 | 0.782697 |
| 2007-03-28 | 0.930 | 0.726562 |
| 2006-12-27 | 0.840 | 0.657534 |
| 2006-09-27 | 0.840 | 0.685323 |
| 2006-06-28 | 0.840 | 0.783509 |
| 2006-03-29 | 0.840 | 0.769795 |
| 2005-12-28 | 0.810 | 0.873127 |
| 2005-09-28 | 0.810 | 0.932106 |
| 2005-06-28 | 0.810 | 0.972739 |
| 2005-03-29 | 0.810 | 1.172045 |
| 2004-12-29 | 0.790 | 0.956069 |
| 2004-09-28 | 0.790 | 1.101659 |
| 2004-06-28 | 0.790 | 1.151604 |
| 2004-03-29 | 0.790 | 1.219136 |
| 2003-12-29 | 0.780 | 1.200185 |
| 2003-09-26 | 0.780 | 1.260097 |
| 2003-06-26 | 0.780 | 1.375661 |
| 2003-03-27 | 0.780 | 1.471698 |
| 2002-12-04 | 0.770 | 1.524752 |
| 2002-09-26 | 0.770 | 1.530511 |
| 2002-06-26 | 0.770 | 1.409740 |
| 2002-03-26 | 0.770 | 1.468625 |
| 2001-12-27 | 0.700 | 1.410153 |
| 2001-09-26 | 0.700 | 1.469045 |
| 2001-06-27 | 0.700 | 1.396091 |
| 2001-03-28 | 0.700 | 1.475548 |
| 2000-12-27 | 0.610 | 1.099099 |
| 2000-09-27 | 0.610 | 1.109091 |
| 2000-06-28 | 0.610 | 1.406340 |
| 2000-03-29 | 0.550 | 1.530435 |
| 1999-12-29 | 0.550 | 1.632653 |
| 1999-09-28 | 0.550 | 1.617647 |
| 1999-06-28 | 0.550 | 1.617647 |
| 1999-03-29 | 0.500 | 1.900238 |
| 1998-12-29 | 0.500 | 1.720430 |
| 1998-09-28 | 0.500 | 1.600000 |
| 1998-06-26 | 0.500 | 1.616162 |
| 1998-03-27 | 0.450 | 1.340782 |
| 1997-12-29 | 0.450 | 1.311475 |
| 1997-09-26 | 0.450 | 1.309091 |
| 1997-06-26 | 0.435 | 1.432099 |
| 1997-03-26 | 0.435 | 1.414634 |
| 1996-12-27 | 0.435 | 1.513043 |
| 1996-09-26 | 0.435 | 1.784615 |
| 1996-06-26 | 0.420 | 1.909091 |
| 1996-03-27 | 0.420 | 2.074074 |
| 1995-12-27 | 0.420 | 2.196078 |
| 1995-09-27 | 0.420 | 2.417266 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.03867185 |
| Address1 | 1,100 Park Place |
| Address2 | Suite 200 |
| All Time High | 363.36 |
| All Time Low | 14.625 |
| Ask | 271.28 |
| Ask Size | 100 |
| Audit Risk | 2 |
| Average Analyst Rating | 2.6 - Hold |
| Average Daily Volume10 Day | 431,910 |
| Average Daily Volume3 Month | 488,909 |
| Average Volume | 488,909 |
| Average Volume10Days | 431,910 |
| Beta | 0.715 |
| Bid | 270.55 |
| Bid Size | 100 |
| Board Risk | 9 |
| Book Value | 82.826 |
| City | San Mateo |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 270.99 |
| Current Ratio | 0.249 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 272.3 |
| Day Low | 270.37 |
| Debt To Equity | 122.409 |
| Display Name | Essex Property Trust |
| Dividend Date | 1,792,022,400 |
| Dividend Rate | 10.36 |
| Dividend Yield | 3.84 |
| Earnings Call Timestamp End | 1,793,217,600 |
| Earnings Call Timestamp Start | 1,793,217,600 |
| Earnings Growth | -0.718 |
| Earnings Quarterly Growth | -0.718 |
| Earnings Timestamp | 1,793,131,200 |
| Earnings Timestamp End | 1,793,131,200 |
| Earnings Timestamp Start | 1,793,131,200 |
| Ebitda | 1,230,545,024 |
| Ebitda Margins | 0.62124 |
| Enterprise To Ebitda | 19.667 |
| Enterprise To Revenue | 12.218 |
| Enterprise Value | 24,201,168,896 |
| Eps Current Year | 5.50408 |
| Eps Forward | 6.2395 |
| Eps Trailing Twelve Months | 6.43 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,790,726,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 650 655 7810 |
| Fifty Day Average | 277.4462 |
| Fifty Day Average Change | -6.4562073 |
| Fifty Day Average Change Percent | -0.023270123 |
| Fifty Two Week Change Percent | 3.867185 |
| Fifty Two Week High | 303.35 |
| Fifty Two Week High Change | -32.360016 |
| Fifty Two Week High Change Percent | -0.106675506 |
| Fifty Two Week Low | 238.46 |
| Fifty Two Week Low Change | 32.529984 |
| Fifty Two Week Low Change Percent | 0.13641694 |
| Fifty Two Week Range | 238.46 - 303.35 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 770,995,800,000 |
| Five Year Avg Dividend Yield | 3.49 |
| Float Shares | 63,553,131 |
| Forward Eps | 6.2395 |
| Forward P E | 43.431362 |
| Free Cashflow | 1,043,926,720 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,686 |
| Fullday Change | 1.3299866 |
| Fullday Change Percent | 0.49320868 |
| Fullday Price | 270.99 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.68771005 |
| Gross Profits | 1,362,206,976 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00733 |
| Held Percent Institutions | 1.04475 |
| Implied Shares Outstanding | 68,926,188 |
| Industry | REIT - Residential |
| Industry Disp | REIT - Residential |
| Industry Key | reit-residential |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,790,726,400 |
| Last Dividend Value | 2.59 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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. Essex Property Trust, Inc. was incorporated in 1971 in Maryland and is based in San Mateo, United States. |
| Long Name | Essex Property Trust, Inc. |
| Market | us_market |
| Market Cap | 18,678,308,864 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_332646 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 413,841,984 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 17,575,490,013 |
| Number Of Analyst Opinions | 25 |
| Open | 270.37 |
| Operating Cashflow | 1,118,023,040 |
| Operating Margins | 0.33975 |
| Overall Risk | 7 |
| Payout Ratio | 1.605 |
| Peg Ratio | 7.02 |
| Phone | 650 655 7800 |
| Previous Close | 269.66 |
| Price Eps Current Year | 49.234386 |
| Price Hint | 2 |
| Price To Book | 3.2717988 |
| Price To Sales Trailing12 Months | 9.429794 |
| Profit Margins | 0.20893 |
| Quick Ratio | 0.091 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.57692 |
| Region | US |
| Regular Market Change | 1.3299866 |
| Regular Market Change Percent | 0.49320868 |
| Regular Market Day High | 272.3 |
| Regular Market Day Low | 270.37 |
| Regular Market Day Range | 270.37 - 272.3 |
| Regular Market Open | 270.37 |
| Regular Market Previous Close | 269.66 |
| Regular Market Price | 270.99 |
| Regular Market Time | 1,792,161,199 |
| Regular Market Volume | 42,946 |
| Return On Assets | 0.029560002 |
| Return On Equity | 0.0771 |
| Revenue Growth | 0.031 |
| Revenue Per Share | 30.765 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 64,261,739 |
| Shares Percent Shares Out | 0.0395 |
| Shares Short | 2,541,065 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 2,378,744 |
| Short Name | Essex Property Trust, Inc. |
| Short Percent Of Float | 0.062800005 |
| Short Ratio | 4.37 |
| Source Interval | 15 |
| State | CA |
| Symbol | ESS |
| Target High Price | 330.0 |
| Target Low Price | 239.0 |
| Target Mean Price | 300.23 |
| Target Median Price | 299.0 |
| Total Cash | 67,527,000 |
| Total Cash Per Share | 1.051 |
| Total Debt | 6,748,253,184 |
| Total Revenue | 1,980,775,936 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 10.32 |
| Trailing Annual Dividend Yield | 0.038270414 |
| Trailing Eps | 6.43 |
| Trailing P E | 42.144634 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 268.86145 |
| Two Hundred Day Average Change | 2.12854 |
| Two Hundred Day Average Change Percent | 0.007916866 |
| Type Disp | Equity |
| Volume | 42,946 |
| Website | https://www.essexapartmenthomes.com |
| Zip | 94,403 |