STOCK TITAN

Essex Property Trust (ESS) Stock News

ESS NYSE

Essex Property Trust, Inc. reports recurring financial and operating updates for an apartment portfolio concentrated in Southern California, Northern California and the Seattle metro area. Company news commonly covers net income, Funds from Operations and Core FFO, as well as same-property revenue and net operating income by West Coast submarket.

Recurring announcements also include common-stock dividend declarations and distribution tax characteristics, annual-shareholder-meeting record dates, proxy-related meeting logistics and management participation in real estate conferences. Capital-market items may involve Essex Portfolio, L.P., the operating partnership used in the company’s financing structure.

Rhea-AI Summary

Essex Property Trust (NYSE:ESS) plans to release its third quarter 2026 earnings after the market closes on October 27, 2026. A conference call with senior management is scheduled for October 28, 2026, at 9:00 a.m. Pacific Time / 12:00 p.m. Eastern Time. The call is open to everyone, with access by webcast or telephone. A replay will be available online for 30 days and digitally for 7 days.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
conferences earnings
-
Rhea-AI Summary

Essex Property Trust (ESS) will participate in a roundtable presentation at the 2026 Bank of America Global Real Estate Conference on Wednesday, September 16, 2026, at 10:20 a.m. Eastern Time.

The panel will be webcast via the latest events section of the company’s investor website, with an archive available for 30 days. Essex is an S&P 500 REIT focused on multifamily properties, holding interests in 258 apartment communities totaling over 62,000 homes plus one property in active development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
-
Rhea-AI Summary

Essex Property Trust (ESS) declared a regular quarterly cash dividend of $2.59 per common share. The dividend is payable on October 15, 2026 to shareholders on record as of September 30, 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
Tags
none
Rhea-AI Summary

Essex Property Trust (NYSE: ESS) reported second quarter 2026 net income of $0.97 per diluted share, down from $3.44 a year earlier, mainly due to a 2025 gain on real estate sales. Total FFO per diluted share was $3.32, while Core FFO rose to $4.08, up 1.2% year over year and $0.10 above the prior guidance midpoint, driven by higher same-property and non-same-property NOI.

Same-property revenue and NOI grew 2.7% and 2.6% year over year, with sequential increases of 0.8% and 1.2%. Essex sold a co-investment community for $105.3 million (pro rata $52.6 million) and received $87.8 million from the redemption of three structured finance investments. The company raised its full-year 2026 Core FFO guidance midpoint to $16.14 (up $0.20), and increased same-property revenue and NOI growth midpoints to 2.8%. Full-year net income and total FFO midpoints were reduced by $0.29 and $0.48 per diluted share, respectively.

Essex repurchased 48,261 shares in Q2 for $11.7 million and 254,001 shares year-to-date for $61.9 million, and has a new $500 million repurchase authorization fully available. Liquidity totaled approximately $1.4 billion as of June 30, 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
-
Rhea-AI Summary

Essex Property Trust (NYSE:ESS) will release its Q2 2026 earnings after market close on July 29, 2026. A public conference call with senior management is scheduled for July 30, 2026 at 11:00 a.m. PT (2:00 p.m. ET).

The webcast and replay will be available via the company’s investor relations site, with phone dial-in and replay options provided.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
conferences earnings
-
Rhea-AI Summary

Essex Property Trust (NYSE:ESS) released its 2025 Sustainability and Impact Report, outlining progress on environmental and social objectives and its focus on long-term stakeholder value.

Highlights include a GRESB score of 87 (four-star), electrification retrofits, and multiple recognitions from Newsweek, U.S. News & World Report, and TIME.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
none
Rhea-AI Summary

Essex Property Trust (NYSE:ESS) announced that President and CEO Angela L. Kleiman will join a roundtable presentation at the 2026 Nareit REITweek Conference on June 3, 2026, at 2:00 p.m. ET.

The panel will be accessible via live webcast and 30-day archive on Essex’s investor website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
none
-
Rhea-AI Summary

Essex Property Trust (NYSE:ESS) declared a regular quarterly cash dividend of $2.59 per common share, payable July 15, 2026 to shareholders of record on June 30, 2026.

The West Coast-focused multifamily REIT holds interests in 259 apartment communities with over 63,000 apartment homes and one property in active development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
none
-
Rhea-AI Summary

Essex Property Trust (NYSE: ESS) reported Q1 2026 results: Net income per diluted share $1.65 vs $3.16 a year earlier, Total FFO $4.17, and Core FFO $4.06 per diluted share. Same-property revenue rose 2.9% and same-property NOI rose 4.1% year-over-year.

The company repurchased $61.9 million of common stock YTD at an average $243.76, increased the annual dividend to $10.36 (a 0.8% increase), reaffirmed full-year guidance ranges, and reported > $1.7 billion of immediately available liquidity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
Rhea-AI Summary

Essex Property Trust (NYSE: ESS) will release Q1 2026 earnings after market close on April 28, 2026 and host a public conference call on April 29, 2026 at 10:00 a.m. PT / 1:00 p.m. ET.

Investors can join via webcast at essex.com or by phone; replays are available online for 30 days and digitally for 7 days. Essex owns interests in 259 communities and over 63,000 apartment homes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
conferences earnings

FAQ

What is the current stock price of Essex Property Trust (ESS)?

Essex Property Trust (ESS) last closed at $268.05.

What is the market cap of Essex Property Trust (ESS)?

The market cap of Essex Property Trust (ESS) is approximately $17.2B.