Nama Insights

Essex Property Trust (ESS)

Real Estate · Reit Residential · NYSE

S&P 500
Essex Property Trust (ESS) is a Real Estate company in the Reit Residential industry. It has a market capitalization of $18.78B, a trailing price-to-earnings ratio of 50.1 and a free-cash-flow yield of 5.3%. Over the most recent reported fiscal year, revenue grew 6.4% and free cash flow per share grew 0.0%. Nama's AI scorecard rates it Buy, 5.8 out of 10. On 12-month momentum it ranks in the middle band of its market.
AI scorecard
Buy · 5.8/10
Positive, at the low end of Buy. As of Nov 7, 2026.
Momentum
Middle · +4.6% over 12 months ex. last
Middle fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-25.1%
How far the last close sits under the highest price of the past five years.
Market cap$18.78B
Trailing P/E50.1
Price / book3.3
Price / sales9.5
FCF yield5.3%
Dividend yield3.8%
Gross margin67.9%
Operating margin29.1%
Net margin21.5%
Revenue growth (YoY)+6.4%
Revenue growth (3-yr annual)+5.5%
EPS growth (YoY)+5.1%
FCF/share growth (YoY)+0.0%
Beta0.7
ExchangeNYSE
SectorReal Estate
IndustryReit Residential

ESS earnings

Next report: Feb 3, 2027 (Q4 2026, EPS estimate $1.52). Beat the EPS estimate in 2 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Oct 27, 2026 $1.59 $1.47 +8.2% $492.69M
Q2 2026 Jul 29, 2026 $0.94 $1.47 -36.0% $489.05M
Q1 2026 Apr 28, 2026 $1.65 $1.43 +15.4% $484.76M
Q4 2025 Feb 4, 2026 $1.25 $1.47 -15.0% $479.63M

ESS analyst price target

Median target $297.00 from 25 analysts, ranging $239.00 – $330.00.

Reit Residential peers

TickerCompanyMarket capP/E
VMRK Vivmark Residential $50.69B —
INVH Invitation Homes $15.67B 49.3
SUI Sun Communities $14.93B 38.3
MAA Mid-America Apartment Communities $14.14B 31.8
AMH American Homes 4 Rent $13.38B 26.1
UDR UDR $13.28B 18.0
ELS Equity LifeStyle Properties $12.67B 32.3
CPT Camden Property Trust $11.51B 11.0
Explore live ESS data on Nama Insights →

Recent Congressional trades

Essex Property Trust trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member Chamber Trade Amount Disclosed
Alan Armstrong Senate Buy $1,001 - $15,000 Jul 21, 2026
Rick Larsen House Sell $1,001 - $15,000 Jan 14, 2026
Daniel Goldman House Sell $15,001 - $50,000 Aug 13, 2023
Sheldon Whitehouse Senate Sell $15,001 - $50,000 —

ESS FAQ

Is ESS a buy?
Nama's AI scorecard currently rates Essex Property Trust Buy (5.8 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is ESS's P/E ratio?
Essex Property Trust trades at a trailing price-to-earnings ratio of 50.1.
When does ESS report earnings?
Essex Property Trust's next scheduled report is on Feb 3, 2027. Analysts expect EPS of $1.52.
What is the ESS price target?
The median analyst price target from 25 analysts is $297.00, with a range of $239.00 – $330.00.
Is ESS Shariah compliant?
Nama's AAOIFI-style screen reads Essex Property Trust as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does ESS pay a dividend?
Yes — Essex Property Trust's dividend yield is 3.8%.