Essex Property Trust, Inc. (ESS) Stock Forecast & Predictions

Essex Property Trust, Inc. ESS: $343.96

1100 Park Pl Ste 200, San Mateo, California, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.essexapartmenthomes.com

  • Market Cap$22.39B
  • Change (52 Weeks)46.90%
  • Low (52 Weeks)$229.44
  • Essex Property Trust, Inc. (ESS) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Essex Property Trust, Inc. (ESS) is based on 30 Institutional Analyst Ratings where 33.33% are on Strong Buy, 13.33% on Moderate Buy, 46.67% remains on Hold, 0.00% are on Moderate Sell and 6.67% are on Strong Sell.

    Out of 30 Institutional Analysts, majority recommended ESS stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Essex Property Trust, Inc..

    Essex Property Trust, Inc. (ESS) Stock Price Prediction By Analysts


    HighLowAverage
    $441.00$338.35$374.25
    $374.258.81% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for ESS set by the institutional analysts is $374.25 where High Estimate is $441.00, Median $374.85 and Low $338.35.

    The average price target for ESS by Institutional Analysts is $374.25, which is 8.81% Upside from the current price. So according to the Institutional Analysts, ESS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Essex Property Trust, Inc. (ESS) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 548,319 investor portfolio.

    Our algorithm has analysed 548,319 investor portfolio with ESS stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ESS and holding their positions hoping for a further rise in the stock price and more profit.

    Essex Property Trust, Inc. (ESS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeybancOverweightMaintained
    CitigroupNeutralMaintained
    StifelBuyInitiated
    KeybancOverweightMaintained
    Evercore ISI GroupOutperformUpgraded
    KeybancOverweightMaintained
    JP MorganOverweightUpgraded
    MizuhoBuyUpgraded
    Goldman SachsSellInitiated
    Piper SandlerOverweightMaintained
    BarclaysEqual-WeightInitiated
    Wells FargoEqual-WeightMaintained
    Truist SecuritiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesMarket PerformUpgraded
    Morgan StanleyEqual-WeightMaintained
    KeybancOverweightMaintained
    Piper SandlerOverweightMaintained
    Wolfe ResearchPeer PerformInitiated
    Morgan StanleyEqual-WeightMaintained
    Truist SecuritiesBuyMaintained
    MizuhoNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    BTIGNeutralDowngraded
    Wells FargoEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Evercore ISI GroupIn-LineDowngraded
    Piper SandlerOverweightUpgraded
    BMO CapitalOutperformUpgraded
    RBC CapitalOutperformInitiated
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Evercore ISI GroupOutperformUpgraded
    BMO CapitalMarket PerformUpgraded
    Morgan StanleyEqual-WeightMaintained
    B of A SecuritiesBuyMaintained
    BTIGBuyUpgraded
    Wells FargoEqual-WeightInitiated
    KeyBancOverweightMaintained
    Piper SandlerNeutralDowngraded
    Goldman SachsNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Piper SandlerOverweightMaintained
    Raymond JamesUnderperformDowngraded
    SunTrust Robinson HumphreyHoldMaintained
    Piper SandlerOverweightMaintained
    StifelBuyMaintained
    CitigroupNeutralMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Morgan StanleyEqual-WeightDowngraded
    SunTrust Robinson HumphreyHoldMaintained
    BMO CapitalUnderperformDowngraded
    RBC CapitalSector PerformDowngraded
    BTIG ResearchNeutralDowngraded
    Evercore ISI GroupOutperformUpgraded
    Sandler O'NeillBuyUpgraded
    Goldman SachsBuyInitiated
    Wells FargoOutperformMaintained
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    BTIGBuyUpgraded
    CitigroupNeutralMaintained
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    BairdNeutralDowngraded
    BTIG ResearchNeutralDowngraded
    KeyBancOverweightMaintained
    JefferiesHoldDowngraded
    Janney CapitalBuyUpgraded
    Morgan StanleyOverweightMaintained
    Wells FargoOutperformUpgraded
    JefferiesBuyUpgraded
    BarclaysOverweightMaintained
    BMO CapitalMarket PerformDowngraded
    Capital One FinancialEqual-WeightInitiated
    CitigroupNeutralDowngraded
    Stifel NicolausBuyUpgraded
    Raymond JamesMarket PerformUpgraded
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyMaintained
    JP MorganOverweightMaintained
    BMO CapitalOutperformUpgraded
    Bank of AmericaBuyUpgraded
    MizuhoNeutralUpgraded
    BarclaysOverweightMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    Stifel NicolausHoldDowngraded
    Raymond JamesUnderperformDowngraded
    CitigroupBuyUpgraded
    BTIG ResearchBuyUpgraded
    Evercore ISI GroupOutperformUpgraded
    MizuhoUnderperformDowngraded
    Evercore ISI GroupIn-LineUpgraded
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesMarket PerformDowngraded
    BarclaysOverweightMaintained
    BTIG ResearchNeutralDowngraded
    Evercore ISI GroupUnderperformDowngraded
    SunTrust Robinson HumphreyHoldDowngraded
    MizuhoBuyUpgraded
    BarclaysOverweightUpgraded
    KeyBancOverweightUpgraded
    Evercore ISI GroupBuyUpgraded
    Bank of AmericaNeutralDowngraded
    BTIG ResearchBuyInitiated
    JefferiesHoldMaintained
    BarclaysEqual-WeightMaintained
    Evercore ISI GroupHoldDowngraded
    JefferiesHoldDowngraded
    Capital One FinancialOverweightUpgraded
    Raymond JamesOutperformUpgraded
    Sandler O'NeillHoldDowngraded
    MizuhoNeutralDowngraded
    SunTrust Robinson HumphreyBuyUpgraded
    JP MorganOverweightMaintained
    BarclaysEqual-WeightMaintained
    MizuhoBuyUpgraded
    Credit SuisseNeutralMaintained
    ZelmanSellDowngraded
    Cowen & Co.Market PerformDowngraded
    BB&T CapitalBuyInitiated
    BB&T CapitalBuyInitiated
    Canaccord GenuityHoldMaintained
    BarclaysEqual-WeightMaintained
    MizuhoNeutralMaintained
    Cantor FitzgeraldBuyUpgraded
    JMP SecuritiesMarket OutperformInitiated
    Evercore ISI GroupBuyMaintained
    Canaccord GenuityHoldInitiated
    SunTrust Robinson HumphreyNeutralInitiated
    Raymond JamesMarket PerformUpgraded
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    JP MorganOverweightMaintained
    BarclaysEqual-WeightMaintained
    BairdOutperformUpgraded
    JefferiesBuyUpgraded
    BarclaysEqual-WeightMaintained
    Janney CapitalNeutralInitiated
    DA DavidsonNeutralInitiated
    BMO CapitalMarket PerformInitiated
    BairdNeutralInitiated
    JefferiesHoldMaintained
    BairdNeutralInitiated
    Capital One FinancialOverweightUpgraded
    CitigroupNeutralMaintained
    BarclaysEqual-WeightDowngraded
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    Credit SuisseNeutralInitiated
    MizuhoNeutralDowngraded
    Capital One FinancialEqual-WeightInitiated
    RBC CapitalOutperformUpgraded
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    UBSBuyMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    Goldman SachsNeutralDowngraded
    BarclaysOverweightMaintained
    Stifel NicolausHoldDowngraded
    Cantor FitzgeraldHoldDowngraded
    BarclaysOverweightMaintained
    Stifel NicolausBuyUpgraded
    McNicoll Lewis VlakHoldMaintained
    Compass PointNeutralMaintained
    UBSBuyUpgraded
    Raymond JamesMarket PerformDowngraded
    ISI GroupBuyUpgraded
    Cantor FitzgeraldBuyUpgraded
    JefferiesHoldMaintained
    McNicoll Lewis VlakHoldMaintained
    ISI GroupNeutralDowngraded
    Raymond JamesOutperformDowngraded
    BarclaysOverweightMaintained
    JefferiesHoldMaintained
    Imperial CapitalOutperformMaintained
    KeyBancBuyUpgraded
    ISI GroupBuyUpgraded
    BMO CapitalUpgraded
    Imperial CapitalOutperformMaintained
    Bank of AmericaBuyUpgraded
    BarclaysOverweightMaintained
    McNicoll Lewis VlakHoldInitiated
    Imperial CapitalOutperformInitiated
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Compass PointNeutralMaintained
    JefferiesHoldMaintained
    Stifel NicolausHoldDowngraded

    Essex Property Trust, Inc. (ESS) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.241
    The average consensus EPS for ESS is $1.241 with a high estimate of $1.365 and Low of $1.117 for the period 2022-03-31 and based on 7 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.82$1.02522021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.09962021-12-31
    $1.82$1.02522021-09-30
    $1$0.85182021-06-30
    $2.59$0.97182021-03-31
    $1.47$1.02522020-12-31
    $1.13$1.05622020-09-30
    $1.09$1.08792020-06-30
    $1.96$1.52512020-03-31
    $1.95$1.40012019-12-31
    $1.53$1.35472019-09-30
    $1.4$1.2382019-06-30
    $1.81$1.18342019-03-31
    $1.76$1.14472018-12-31
    $1.22$1.12452018-09-30
    $1.52$1.1642018-06-30
    $1.38$1.10962018-03-31
    $1.57$1.09082017-12-31
    $1.21$1.02262017-09-30
    $1.08$1.03022017-06-30
    $2.72$0.98732017-03-31
    $2.98$1.01452016-12-31
    $1$0.95192016-09-30
    $1.1$0.83452016-06-30
    $1.19$0.78652016-03-31
    $1.22$0.85022015-12-31
    $0.65$0.59512015-09-30
    $0.7$0.53832015-06-30
    $0.59$0.47532015-03-31
    $0.63$0.46792014-12-31
    $0.85$0.2022014-09-30
    $0.08$0.46122014-06-30
    $0.58$0.67672014-03-31
    $0.91$0.59592013-12-31
    $1.84$0.74252013-09-30
    $0.67$0.58622013-06-30
    $0.64$0.59692013-03-31
    $1.22$0.54892012-12-31
    $0.45$0.42382012-09-30
    $0.48$0.40052012-06-30
    $0.67$0.42842012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).