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

Essex Property Trust (NYSE: ESS) recently received a number of ratings updates from brokerages and research firms:

• 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.
• 5/15/2026 – Essex Property Trust was given a new $293.00 price target by Morgan Stanley.
• 5/14/2026 – Essex Property Trust had its price target raised by Scotiabank from $278.00 to $282.00. They now have an “outperform” rating on the stock.
• 5/14/2026 – Essex Property Trust had its price target raised by UBS Group AG from $274.00 to $278.00. They now have a “neutral” rating on the stock.
• 5/14/2026 – Essex Property Trust had its price target raised by Scotiabank from $278.00 to $282.00. They now have a “sector outperform” rating on the stock.
• 5/11/2026 – Essex Property Trust had its price target raised by Barclays PLC from $272.00 to $277.00. They now have an “equal weight” rating on the stock.
• 5/4/2026 – Essex Property Trust was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 5/4/2026 – Essex Property Trust had its price target raised by Cantor Fitzgerald from $290.00 to $291.00. They now have an “overweight” rating on the stock.
• 5/4/2026 – Essex Property Trust was upgraded by Piper Sandler from “neutral” to “overweight”. They now have a $310.00 price target on the stock, up from $275.00.
• 4/30/2026 – Essex Property Trust had its price target raised by Royal Bank Of Canada from $282.00 to $288.00. They now have an “outperform” rating on the stock.
• 4/29/2026 – Essex Property Trust had its price target raised by Stifel Nicolaus from $278.00 to $281.50. They now have a “hold” rating on the stock.
• 4/27/2026 – Essex Property Trust had its price target raised by Barclays PLC from $271.00 to $272.00. They now have an “equal weight” rating on the stock.
• 4/23/2026 – Essex Property Trust had its price target lowered by Wells Fargo & Company from $268.00 to $262.00. They now have an “equal weight” rating on the stock.

Essex Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $2.59 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $10.36 annualized dividend and a yield of 3.6%. Essex Property Trust’s dividend payout ratio is 116.40%.

Insider Activity

In other news, Director Mary Kasaris sold 600 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $279.45, for a total value of $167,670.00. Following the completion of the sale, the director owned 2,394 shares of the company’s stock, valued at $669,003.30. This represents a 20.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.