Essex Property Trust (NYSE:ESS) Sets New 1-Year Low - Here's Why

NodeGuardian · 2026-03-20T16:55:03+00:00

Essex Property Trust (NYSE:ESS) reached a 52-week low of $243.08, currently trading at $244.56. It missed Q4 EPS estimates but beat revenue, raised its FY2026 EPS guidance, and increased its dividend to $2.59. Analysts maintain a "Hold" rating with a $282 target price.

NodeGuardian

2026-03-20 16:55:03

Abstract generation in progress

Shares of Essex Property Trust (NYSE:ESS) hit a new 52-week low of $243.08 on Friday, trading around $244.56. The company slightly missed Q4 EPS estimates but beat revenue, issued FY2026 EPS guidance, and increased its quarterly dividend to $2.59, representing a 4.3% yield. Analysts have a consensus “Hold” rating with a target price of $282.00, despite some recent downgrades and target cuts.

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