Essex Property Trust stock costs EUR 242.90 ahead of October 15 dividend
Published on 10/06/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Essex Property Trust (ISIN US2971781057) was trading at EUR 242.90 at Lang & Schwarz on October 6, 2026 at 12:59 p.m. CEST, plus 0.21 percent versus the prior close of EUR 242.40 on October 5, 2026. MarketBeat reported on October 6, 2026 that the quarterly dividend of USD 2.59 per share is scheduled for payment on October 15, 2026.
Revenue beats the consensus estimate
Essex reported revenue of USD 489.05 million in the second quarter of 2026, compared with a consensus estimate of USD 485.12 million, according to MarketBeat. The same report said quarterly earnings per share were USD 4.08, compared with USD 1.46 consensus, a USD 2.62 difference.
The comparison matters because the revenue beat was narrower than the earnings gap. Essex also reported a 21.48 percent net margin for the quarter, giving the results a profitability dimension beyond apartment demand.
Analyst targets move in opposite directions
MarketScreener reported that Scotiabank cut its Essex target from USD 307.00 to USD 293.00 on September 17, 2026, while keeping a Sector Outperform rating. The same page lists an average analyst target of USD 304.07 and an Outperform consensus from 26 analysts.
A second MarketScreener report said UBS raised its target from USD 278.00 to USD 286.00 on September 15, 2026, while keeping a Neutral rating. The split between the two actions highlights a valuation debate rather than a uniform change in the analyst view.
Dividend date adds a near-term marker
The USD 2.59 payment scheduled for October 15, 2026 follows a September 30, 2026 record date, according to MarketBeat. The payment is a concrete calendar event, while the next earnings cycle will determine whether the second-quarter earnings strength carries into the third quarter.
Essex stock trades in a broad yearly band
Essex Property Trust has a 52-week range of USD 238.46 to USD 303.35 and a market capitalization of USD 17.5 billion as of October 5, 2026. Its common stock trades on the New York Stock Exchange under ESS and the company is a residential real estate investment trust in the S&P 500.
The share price from Lang & Schwarz stood at EUR 242.90 in trading on October 6, 2026 at 12:59 p.m. CEST, up 0.21 percent versus the Lang & Schwarz prior close of EUR 242.40 dated October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Essex Property Trust stock.
Essex Property Trust stock facts
- Company: Essex Property Trust, Inc.
- ISIN: US2971781057
- Ticker: ESS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 12:59 p.m. CEST): EUR 242.90
- Change versus prior close: plus 0.21 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 242.40
- Market capitalization: USD 17.5 billion (as of October 5, 2026)
- 52-week range: USD 238.46-303.35 (as of October 5, 2026)
- Sector / Industry: Real Estate / REIT - Residential
- Index membership: S&P 500
