Essex Property Trust, Inc. (ESS)
Essex Property Trust is a landlord that owns and manages thousands of apartment homes across the West Coast of the United States.
Is Essex Property Trust, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Focus on high-demand, affluent West Coast markets. Worth weighing: Earnings have seen a significant recent decline.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Essex Property Trust, Inc. do?
Think of Essex as a professional landlord that focuses on high-demand areas in California and Washington. Rent from thousands of tenants living in its apartment communities is where the money comes from. Its fortunes hinge on how the local job market and housing supply in these specific regions shape their ability to keep apartments full and lift rents over time.
On our factor screen it looks strongest on quality and momentum, and weakest on growth.
- ✓Pays a dividend - about 3.7% a year
- ✓Growing - revenue up about 3% over the year
- ✓Very profitable - turns about 21% of sales into profit
- !High P/E of 44 - big growth is already priced in
- —
- Value screens low
- Growth screens low
Does Essex Property Trust, Inc. pay a dividend?
Yes - Essex Property Trust, Inc. currently pays a dividend of about 3.7% a year, which is £37 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →
What do the numbers say about Essex Property Trust, Inc.'s dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
Most recent ex-dividend date: 30 Jun 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →
What do Essex Property Trust, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Essex Property Trust, Inc. actually fallen?
Over the last 2 years of daily prices, Essex Property Trust, Inc. fell as much as −24% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Essex Property Trust, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Where does each £100 of Essex Property Trust, Inc.'s sales go?
A rough split of the latest full-year figures: of every £100 of sales, about £31 covers making the product or service, £48 goes on running costs, tax and interest, and about £21 is left as profit. Margins vary a lot by industry, and one-off items can distort a single year.
When does Essex Property Trust, Inc. report earnings, and how did recent quarters go?
Essex Property Trust, Inc. is next scheduled to report on about 2026-10-27 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-07-29 | $1.47 | $0.94 | Missed -36% |
| 2026-04-28 | $1.43 | $1.65 | Beat +16% |
| 2026-02-04 | $1.47 | $1.25 | Missed -15% |
| 2025-10-29 | $1.67 | $1.59 | Missed -5% |
| 2025-07-29 | $1.41 | $1.48 | Beat +5% |
| 2025-04-29 | $1.41 | $1.44 | Beat +3% |
Across the last 6 quarters here, Essex Property Trust, Inc. came in ahead of what analysts expected 3 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Essex Property Trust, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Long-term growth in West Coast tech hubs
Significant migration away from core markets
What are the pros and cons of Essex Property Trust, Inc.?
A balance check, not a score or verdict.
- Focus on high-demand, affluent West Coast markets
- Consistent history of paying dividends to shareholders
- High gross margins indicate efficient property management
- Earnings have seen a significant recent decline
- High valuation compared to some other property investments
- Geographic concentration makes them vulnerable to local economic issues
- Rising interest rates can increase borrowing costs for property owners
- Changes in local housing laws or rent control regulations
- Economic downturns could lead to higher vacancy rates
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained, sharp drop in regional employment rates
- A major shift in remote work trends reducing demand for city apartments
Common questions about Essex Property Trust, Inc.
Does Essex Property Trust, Inc. pay a dividend?
Yes - Essex Property Trust, Inc. currently pays a dividend of about 3.7% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.
When does Essex Property Trust, Inc. report earnings next?
Essex Property Trust, Inc. is next scheduled to report results on about 2026-10-27. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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Weyerhaeuser CompanyBuilt from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.