UBS maintains USD 275.00 target for Essex Property Trust stock
Published on 10/15/2026 at 20:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUBS target stays in view
- UBS lowered its Essex Property Trust target from USD 286.00 to USD 275.00 on October 14, 2026.
- Essex Property Trust is scheduled to report third-quarter results on October 27, 2026.
- Essex Property Trust stock costs EUR 241.50 at Lang & Schwarz on October 15, 2026 at 8:35 p.m. CEST, minus 0.04 percent versus the Tradegate close of October 14, 2026.
- The stock has a price-to-earnings ratio of 42.11 and a market capitalization of USD 17.4 billion.
UBS Group lowered its price target for Essex Property Trust from USD 286.00 to USD 275.00 on October 14, 2026, while maintaining a Neutral rating, according to MarketBeat. The new target is 1.62 percent above the USD 270.62 primary-exchange price reported at 2:39 p.m. ET on October 15, 2026. Essex Property Trust stock was trading at EUR 241.50 at Lang & Schwarz on October 15, 2026 at 8:35 p.m. CEST, minus 0.04 percent versus the Tradegate close of October 14, 2026 at EUR 241.60.
Revenue reached USD 489.05 million
The latest reported quarter delivered revenue of USD 489.05 million, compared with USD 485.12 million expected by analysts, according to MarketBeat. That represents a 0.81 percent revenue comparison against consensus for the second quarter of 2026. Standardized financial data place second-quarter net income attributable to common shareholders at USD 62.46 million and diluted earnings per share at USD 0.97.
USD 238.46 to USD 303.35 range
The primary-exchange quote stood at USD 270.62 on the New York Stock Exchange at 2:39 p.m. ET on October 15, 2026. Its 52-week range was USD 238.46 to USD 303.35, putting the price 10.79 percent below the high. Trading volume was 152,689 shares against an average of 490,960 shares.
USD 17.4 billion market value
Essex Property Trust had a market capitalization of USD 17.4 billion and a price-to-earnings ratio of 42.11 as of October 15, 2026. The trailing dividend yield was 0.04 percent in the same quote snapshot. The next scheduled reporting date is October 27, 2026, according to the dated earnings calendar published by JrHisse.
Comparison with peers
Essex Property Trust: minus 0.04 percent, price-to-earnings ratio 42.11, market capitalization USD 17.4 billion
AvalonBay Communities (NYSE, USD): 0.00 percent, price-to-earnings ratio 25.35, market capitalization USD 26.3 billion
Camden Property Trust (NYSE, USD): plus 1.17 percent, price-to-earnings ratio 32.69, market capitalization USD 9.9 billion
Price and calendar remain central
The analyst target reset leaves the stock below the latest UBS objective while the next company reporting date is already scheduled. The main market markers are the USD 303.35 yearly high, the USD 17.4 billion market value and the 42.11 price-to-earnings ratio.
Essex Property Trust was trading at EUR 241.50 at Lang & Schwarz on October 15, 2026 at 8:35 p.m. CEST, minus 0.04 percent versus the Tradegate close of October 14, 2026 at EUR 241.60. The further course of trading is shown by the continuously updated real-time quote of Essex Property Trust stock.
Essex Property Trust at a glance
- Company: Essex Property Trust, Inc.
- ISIN: US2971781057
- Ticker: ESS
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 8:35 p.m. CEST): EUR 241.50
- Change versus Tradegate close: minus 0.04 percent
- Tradegate close (October 14, 2026): EUR 241.60
- Market capitalization: USD 17.4 billion (as of October 15, 2026)
- 52-week range: USD 238.46-USD 303.35 (as of October 15, 2026)
- Sector / Industry: Real Estate / REIT - Residential
- Index membership: S&P 500
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
