Essex Property Trust (ESS)
(Delayed Data from NYSE)
$285.96 USD
-5.10 (-1.75%)
Updated Jul 24, 2024 04:00 PM ET
After-Market: $285.89 -0.07 (-0.02%) 7:58 PM ET
2-Buy of 5 2
D Value B Growth F Momentum D VGM
Essex Property Trust (ESS) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$268.87 | $327.00 | $202.00 | -7.62% |
Price Target
Based on short-term price targets offered by 23 analysts, the average price target for Essex Property Trust comes to $268.87. The forecasts range from a low of $202.00 to a high of $327.00. The average price target represents a decline of 7.62% from the last closing price of $291.06.
Analyst Price Targets (23)
Broker Rating
Essex Property Trust currently has an average brokerage recommendation (ABR) of 2.76 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 25 brokerage firms. The current ABR compares to an ABR of 2.76 a month ago based on 25 recommendations.
Of the 25 recommendations deriving the current ABR, five are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 20% and 8% of all recommendations. A month ago, Strong Buy made up 20%, while Buy represented 8%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 15 | 15 | 15 | 15 | 15 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 3 | 3 | 3 | 3 | 3 |
ABR | 2.76 | 2.76 | 2.76 | 2.76 | 2.76 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/11/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
7/10/2024 | Not Identified | Not Identified | Hold | Hold |
7/9/2024 | Evercore Partners | Stephen Sakwa | Hold | Hold |
6/28/2024 | Piper Sandler | Alexander Goldfarb | Strong Buy | Strong Buy |
6/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/14/2024 | Scotiabank | Nicholas Yulico | Strong Buy | Strong Buy |
6/3/2024 | BMO Capital Markets | John P Kim | Hold | Hold |
5/30/2024 | Mizuho SecuritiesUSA | Haendel St Juste | Strong Buy | Strong Buy |
5/20/2024 | Janney Montgomery Scott | Robert Stevenson | Hold | Hold |
5/14/2024 | UBS | Michael W Goldsmith | Hold | Hold |
5/1/2024 | Not Identified | Not Identified | Hold | Hold |
4/29/2024 | Wedbush Securities | Richard Anderson | Hold | Hold |
4/15/2024 | Wells Fargo Securities | James Feldman | Hold | Hold |
3/28/2024 | Truist Securities | Michael Lewis | Hold | Hold |
3/18/2024 | Raymond James | Buck Horne | Hold | Moderate Buy |
3/12/2024 | Robert W. Baird & Co. | Wesley Golladay | Hold | Hold |
2/22/2024 | Goldman Sachs | Chandni Luthra | Not Available | Strong Sell |
2/20/2024 | Not Identified | Not Identified | Strong Sell | Strong Sell |
2/7/2024 | JMP Securities | Aaron Hecht | Not Available | Hold |
2/7/2024 | KeyBanc Capital Markets | Austin Wurschmidt | Hold | Hold |
1/19/2024 | Not Identified | Not Identified | Strong Sell | Strong Sell |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.76 |
ABR (Last week) | 2.76 |
# of Recs in ABR | 25 |
Average Target Price | $268.87 |
LT Growth Rate | 4.60% |
Industry | REIT and Equity Trust - Residential |
Industry Rank by ABR | 47 of 252 |
Current Quarter EPS Est: | 3.85 |