Essex Property Trust, Inc.

NYSE:ESS Stock Report

Market Cap: US$18.9b

Essex Property Trust Future Growth

Future criteria checks 0/6

Essex Property Trust's earnings are forecast to decline at 9.4% per annum while its annual revenue is expected to grow at 3.7% per year. EPS is expected to decline by 10.2% per annum. Return on equity is forecast to be 10.4% in 3 years.

Key information

-9.4%

Earnings growth rate

-10.2%

EPS growth rate

Residential REITs earnings growth0.2%
Revenue growth rate3.7%
Future return on equity10.4%
Analyst coverage

Good

Last updated17 Dec 2024

Recent future growth updates

Recent updates

Essex Property Trust: Limited Supply Enables Further Growth

Dec 06

Essex Property Trust: Tailwinds From Both Supply And Demand

Oct 03

Essex Property Trust: High-Quality REIT With A Growing Dividend

Aug 13

Essex Property Trust: The Buying Window Has Now Closed

Jun 12

Essex Property Trust: 3 Reasons Why The Stock May Be Overvalued

May 16

Essex Property Trust: A Dividend Aristocrat Worth Buying Now

Apr 05

Essex Property Trust: Build And Buy Apartments Like A Pro

Feb 15

Essex Property Trust: A Growth REIT With An Attractive Yield

Jan 15

Essex Property Trust: I Expect The West Coast To Outperform Next

Dec 11

Essex Property Trust: Still Has Potential

Dec 05

Essex Property Trust: Low Yield, Small Discount To NAV

Nov 06

Essex Property Trust: California Exposure Isn't That Problematic

Oct 12

Essex Property Trust: Dividend Yield At A High

Oct 01

Essex Property Trust: Don't Mind The California Exposure

Jul 29

Essex Property: A Smart Value For A Frothy Market

Jun 14

Essex Property Trust: Great Long-Term REIT, Still Some Near-Term Questions

Jan 23

Essex Property Trust Is Clearly The Best Bargain When It Comes To Residential REITs

Jan 12

Why Buy Rentals When You Can Buy Essex Property

Dec 16

Essex Property Trust declares $2.20 dividend

Dec 09

Apartments In Free Fall, So I Bought Essex

Nov 09

Essex Property Trust: Long-Term Compounder In The Bargain Bin

Oct 20

Essex Property Trust declares $2.20 dividend

Sep 15

Earnings and Revenue Growth Forecasts

NYSE:ESS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,9104157261,03414
12/31/20251,83739072699619
12/31/20241,7605768331,03912
9/30/20241,7525491,0541,054N/A
6/30/20241,7205181,0261,026N/A
3/31/20241,6965251,0181,018N/A
12/31/20231,680406980980N/A
9/30/20231,698526943943N/A
6/30/20231,690531954954N/A
3/31/20231,653489937937N/A
12/31/20221,633408976976N/A
9/30/20221,6383601,0141,014N/A
6/30/20221,606386987987N/A
3/31/20221,5833931,0251,025N/A
12/31/20211,552489905905N/A
9/30/20211,505447850850N/A
6/30/20211,502403805805N/A
3/31/20211,521422731731N/A
12/31/20201,562569803803N/A
9/30/20201,631602866866N/A
6/30/20201,634628915915N/A
3/31/20201,625635930930N/A
12/31/20191,584439919919N/A
9/30/20191,514428852852N/A
6/30/20191,493410833833N/A
3/31/20191,478418814814N/A
12/31/20181,486390827827N/A
9/30/20181,467376827827N/A
6/30/20181,454375N/A821N/A
3/31/20181,439345N/A815N/A
12/31/20171,450433N/A770N/A
9/30/20171,388525N/A755N/A
6/30/20171,373511N/A734N/A
3/31/20171,354512N/A735N/A
12/31/20161,330411N/A717N/A
9/30/20161,307295N/A710N/A
6/30/20161,279272N/A681N/A
3/31/20161,249245N/A655N/A
12/31/20151,216227N/A618N/A
9/30/20151,187187N/A623N/A
6/30/20151,153199N/A591N/A
3/31/20151,118154N/A564N/A
12/31/2014999117N/A493N/A
9/30/201490792N/A438N/A
6/30/201479094N/A343N/A
3/31/2014681117N/A311N/A
12/31/2013666120N/A305N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESS's earnings are forecast to decline over the next 3 years (-9.4% per year).

Earnings vs Market: ESS's earnings are forecast to decline over the next 3 years (-9.4% per year).

High Growth Earnings: ESS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ESS's revenue (3.7% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: ESS's revenue (3.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ESS's Return on Equity is forecast to be low in 3 years time (10.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Essex Property Trust, Inc. is covered by 49 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Ross SmotrichBarclays
Richard HightowerBarclays