Stock Taper
Essex Property Trust, Inc. is a S&P 500 REIT that owns, develops, and manages approximately 60,000 multifamily units across 246 communities on the West Coast, with additional properties in development.

Essex Property Trust is a REIT that acquires, develops, and manages multifamily apartment communities primarily in Southern California, Northern California, and Seattle.
Essex Property Trust, Inc. reported third-quarter 2025 earnings that significantly surpassed analyst expectations, with Core Funds From Operations (FFO) per share beating consensus estimates. This strong performance prompted the company to raise its full-year financial guidance, indicating confidence in its operational strategy and the continued strength of its West Coast real estate markets.
In a significant strategic shift during 2025, Essex Property Trust initiated a portfolio reallocation program, selling assets in Southern California to finance the acquisition of newer apartment communities in Northern California. This move is intended to concentrate the company's portfolio in markets with expectations of lower supply and higher rent growth.
Overall rating: B
| PEER | PRICE | |
|---|---|---|
INVH | $26.04 | COMPARE |
KIM | $22.24 | COMPARE |
NLY | $18.50 | COMPARE |
SUI | $110.75 | COMPARE |
MAA | $115.22 | COMPARE |
WY | $18.47 | COMPARE |
AMH | $30.26 | COMPARE |