Essex Property Trust (ESS) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Essex Property Trust (NYSE: ESS):

• 7/14/2026 – Essex Property Trust had its price target raised by Barclays PLC from $277.00 to $296.00. They now have an “equal weight” rating on the stock.
• 7/14/2026 – Essex Property Trust was upgraded by Jefferies Financial Group Inc. from “hold” to “strong-buy”.
• 7/9/2026 – Essex Property Trust had its price target raised by Scotiabank from $290.00 to $307.00. They now have an “outperform” rating on the stock.
• 7/9/2026 – Essex Property Trust had its price target raised by Scotiabank from $290.00 to $307.00. They now have a “sector outperform” rating on the stock.
• 7/4/2026 – Essex Property Trust was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/26/2026 – Essex Property Trust was upgraded by Raymond James Financial, Inc. from “market perform” to “outperform”. They now have a $320.00 price target on the stock.
• 6/26/2026 – Essex Property Trust was upgraded by Jefferies Financial Group Inc. to “hold”.
• 6/26/2026 – Essex Property Trust is now covered by Sanford C. Bernstein. They set an “outperform” rating and a $320.00 price target on the stock.
• 6/25/2026 – Essex Property Trust had its price target raised by Morgan Stanley from $293.00 to $302.00. They now have an “equal weight” rating on the stock.
• 6/21/2026 – Essex Property Trust was downgraded by Wall Street Zen from “hold” to “sell”.
• 6/18/2026 – Essex Property Trust was given a new $290.00 price target by UBS Group AG.
• 6/18/2026 – Essex Property Trust had its “outperform” rating reaffirmed by Scotiabank.
• 6/18/2026 – Essex Property Trust had its price target raised by Scotiabank from $282.00 to $290.00. They now have a “sector outperform” rating on the stock.
• 6/13/2026 – Essex Property Trust was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/12/2026 – Essex Property Trust was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 6/10/2026 – Essex Property Trust had its price target raised by Mizuho from $285.00 to $308.00. They now have an “outperform” rating on the stock.
• 6/8/2026 – Essex Property Trust had its “outperform” rating reaffirmed by Evercore Inc. They now have a $296.00 price target on the stock.
• 6/1/2026 – Essex Property Trust was upgraded by Evercore Inc from “cautious” to “outperform”. They now have a $295.00 price target on the stock.
• 6/1/2026 – Essex Property Trust had its price target raised by Wells Fargo & Company from $262.00 to $280.00. They now have an “equal weight” rating on the stock.
• 5/27/2026 – Essex Property Trust had its price target raised by Truist Financial Corporation from $273.00 to $286.00. They now have a “hold” rating on the stock.
• 5/18/2026 – Essex Property Trust had its price target raised by JPMorgan Chase & Co. from $272.00 to $275.00. They now have an “underweight” rating on the stock.

Essex Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $2.59 per share. This represents a $10.36 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Tuesday, June 30th. Essex Property Trust’s dividend payout ratio is currently 116.40%.

Insider Activity

In related news, Director Mary Kasaris sold 600 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $279.45, for a total transaction of $167,670.00. Following the transaction, the director owned 2,394 shares in the company, valued at $669,003.30. The trade was a 20.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.47% of the stock is owned by insiders.

Essex Property Trust, Inc (NYSE: ESS) is a publicly traded real estate investment trust that acquires, develops, owns and operates multifamily residential properties. The company focuses on market-rate apartment communities and delivers a full suite of property services including leasing, resident services, asset management, and capital improvement programs designed to preserve and enhance long?term property values.

Essex concentrates its portfolio in West Coast markets, with a significant presence in California and the Pacific Northwest.