Essex Property Trust Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Essex Property Trust stock have an average target of 289.53, with a low estimate of 262 and a high estimate of 320. The average target predicts a decrease of -1.97% from the current stock price of 295.34.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$262	$289.53	$288	$320
Change	-11.29%	-1.97%	-2.49%	+8.35%

Analyst Ratings

The average analyst rating for Essex Property Trust stock from 26 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	4
Buy	4	3	3	3	4	5
Hold	17	18	18	18	17	15
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	26	26	26	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Buck Horne Raymond James	Raymond James	Buy Upgrades $320	Buy	Upgrades	$320	+8.35%	Jun 26, 2026
Adam Kramer Morgan Stanley	Morgan Stanley	Hold Maintains $293 → $302	Hold	Maintains	$293 → $302	+2.26%	Jun 25, 2026
Nicholas Yulico Scotiabank	Scotiabank	Buy Maintains $282 → $290	Buy	Maintains	$282 → $290	-1.81%	Jun 18, 2026
Julien Blouin Goldman Sachs	Goldman Sachs	Hold Maintains $288	Hold	Maintains	$288	-2.49%	Jun 17, 2026
Haendel St. Juste Mizuho Securities	Mizuho Securities	Buy Maintains $285 → $308	Buy	Maintains	$285 → $308	+4.29%	Jun 10, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.95B

from 1.94B

0.54%

from 1.94B

Revenue Next Year

2.01B

from 1.95B

3.07%

from 1.95B

EPS This Year

5.90

from 5.76

2.37%

from 5.76

EPS Next Year

6.02

from 5.90

2.17%

from 5.90

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.55B	1.63B	1.71B	1.83B	1.94B	1.95B	2.01B
Revenue Growth	-0.64%	5.19%	4.95%	6.58%	5.97%	0.54%	3.07%
EPS	7.51	6.27	6.32	11.54	10.40	6.06	6.25
EPS Growth	-13.56%	-16.51%	0.74%	82.71%	-9.88%	-41.71%	3.08%
Forward PE	-	-	-	-	-	48.72	47.27
No. Analysts	-	-	-	-	-	17	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	2.0B	2.0B
Avg	1.9B	2.0B
Low	1.9B	1.9B

Revenue Growth

Revenue Growth	2026	2027
High	3.2%	4.7%
Avg	0.5%	3.1%
Low	-2.0%	0.1%

EPS Forecast

EPS	2026	2027
High	6.06	6.43
Avg	5.90	6.02
Low	5.61	5.83

EPS Growth

EPS Growth	2026	2027
High	5.2%	9.1%
Avg	2.4%	2.2%
Low	-2.6%	-1.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.