Essex Property Trust (ESS)
(Delayed Data from NYSE)
$239.89 USD
+4.72 (2.01%)
Updated Apr 22, 2024 04:00 PM ET
After-Market: $239.88 -0.01 (0.00%) 7:58 PM ET
3-Hold of 5 3
F Value F Growth A Momentum F VGM
Essex Property Trust (ESS) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$244.57 | $291.00 | $202.00 | 4.00% |
Price Target
Based on short-term price targets offered by 22 analysts, the average price target for Essex Property Trust comes to $244.57. The forecasts range from a low of $202.00 to a high of $291.00. The average price target represents an increase of 4% from the last closing price of $235.17.
Analyst Price Targets (22)
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 2.83 a month ago based on 24 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 16.67%, while Buy represented 8.33%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 4 | 4 | 3 |
Buy | 2 | 2 | 2 | 1 | 1 |
Hold | 15 | 15 | 15 | 16 | 17 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 3 | 3 | 3 | 3 | 2 |
ABR | 2.76 | 2.76 | 2.83 | 2.88 | 2.87 |
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 |
---|---|---|---|---|
3/28/2024 | Truist Securities | Michael Lewis | Hold | Hold |
3/26/2024 | Piper Sandler | Alexander Goldfarb | Strong Buy | Strong Buy |
3/18/2024 | Raymond James | Buck Horne | Hold | Moderate Buy |
3/15/2024 | Evercore Partners | Stephen Sakwa | Hold | Hold |
3/12/2024 | Robert W. Baird & Co. | Wesley Golladay | Hold | Hold |
3/1/2024 | Scotiabank | Nicholas Yulico | Strong Buy | Strong Buy |
2/28/2024 | Mizuho SecuritiesUSA | Haendel St Juste | Hold | Strong Buy |
2/7/2024 | KeyBanc Capital Markets | Austin Wurschmidt | Hold | Hold |
2/7/2024 | JMP Securities | Aaron Hecht | Not Available | Hold |
12/20/2023 | Janney Montgomery Scott | Robert Stevenson | Hold | Hold |
11/9/2023 | BMO Capital Markets | John P Kim | Strong Sell | Hold |
10/3/2023 | Wedbush Securities | Richard Anderson | Hold | Hold |
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 | $244.57 |
LT Growth Rate | 4.50% |
Industry | REIT and Equity Trust - Residential |
Industry Rank by ABR | 205 of 252 |
Current Quarter EPS Est: | 3.74 |