NYSE:ESSResidential REITs
How Flat 2026 Core FFO Guidance Amid Solid Operations Will Impact Essex Property Trust (ESS) Investors
Essex Property Trust reported past fourth-quarter 2025 results with revenue of US$479.63 million and net income of US$80.57 million, while issuing 2026 net income guidance of US$5.55–US$6.05 per diluted share.
Despite lower GAAP earnings, Essex delivered strong same-property revenue and NOI growth, high occupancy around 96%, and Core FFO ahead of expectations, though 2026 Core FFO per share is projected to be flat due to structured finance headwinds.
Next, we’ll examine how Essex’s flat 2026...