Essex Property Trust Inc (ESS)

Essex Announces Release and Conference Call Dates for Its Second Quarter 2026 EarningsJuly 8, 2026 4:15 PM
Business WireEssex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its second quarter 2026 earnings after the market closes on Wednesday, July 29, 2026. A conference call with senior management is scheduled for Thursday, July 30, 2026 at 11:00 a.m. Pacific Time or 2:00 p.m. Eastern Time.The second quarter conference call is open to everyone and can be accessed by:Internet: Go to www.essex.com; click on Investors and the second quarter earnings webcast.Phone: Dial toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary.Replay: A rebroadcast of the live call will be available online for 30 days and digitally for 7 days. To access the replay online, go to www.essex.com and select Investors and the second quarter earnings webcast. To access the replay digitally, dial (844) 512-2921 using the Replay Pin Number – 13761419.About Essex Property Trust, Inc.Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.View source version on businesswire.com: https://www.businesswire.com/news/home/20260708705691/en/Contact Information
Loren Rainey
Sr. Director, Investor Relations
(650) 655-7800
lrainey@essex.com Original: Essex Announces Release and Conference Call Dates for Its Second Quarter 2026 Earnings

Essex Property Trust Publishes 2025 Sustainability and Impact ReportJune 26, 2026 4:15 PM
Business Wire Essex Property Trust, Inc. (NYSE:ESS) published its 2025 Sustainability and Impact Report today. The report highlights the Company’s measurable progress towards its sustainability objectives, details actions taken to reduce environmental impacts across its operations, and reinforces its commitment to creating long-term value for stakeholders. “I’m pleased with the continued progress of our sustainability priorities and strengthening the positive impact we have on our communities. These efforts reflect our commitment to responsible growth, environmental stewardship, and creating long-term value for our shareholders,” said Angela L. Kleiman, Essex’s President and CEO. Notable Report Highlights Include: Achieved a GRESB score of 87 in 2025, earning a four-star designation and improving one point from the prior year. Advanced our electrification efforts by completing a water heater retrofit at a property, replacing gas water heaters with all-electric units. Named to Newsweek’s List of Most Responsible Companies for a sixth consecutive year. Recognized by U.S. News and World Report as a 2025-2026 Best Company to Work For. Featured in TIME’s World’s Best Companies in 2025. Additional details on progress toward achievement of goals and initiatives can be found in the Company’s 2025 Sustainability and Impact Report which can be accessed on the Investors section of the Company’s website at www.essex.com under the Sustainability section. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260626408173/en/ Loren Rainey
Sr. Director, Investor Relations
(650) 655-7800
lrainey@essex.com Original: Essex Property Trust Publishes 2025 Sustainability and Impact Report

Essex Property Trust to Present at The 2026 Nareit REITweek ConferenceMay 29, 2026 4:15 PM
Business Wire Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2026 Nareit REITweek Conference on Wednesday, June 3, 2026 at 2:00 p.m. Eastern Time. To listen to the panel, please visit the webcast link under the latest events section of the Company’s Investors website at www.essex.com. An archive of the webcast will be available for thirty days following the event. A copy of any materials provided by the Company at the conference can be obtained through the Investors section of the Company’s website. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260529987217/en/ Loren Rainey
Sr. Director, Investor Relations
(650) 655-7800
lrainey@essex.com Original: Essex Property Trust to Present at The 2026 Nareit REITweek Conference

Essex Property Trust Declares Quarterly DistributionsMay 14, 2026 4:15 PM
Business Wire Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.59 per common share, payable July 15, 2026 to shareholders of record as of June 30, 2026. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514707657/en/ Loren Rainey
Sr. Director, Investor Relations
(650) 655-7800
lrainey@essex.com Original: Essex Property Trust Declares Quarterly Distributions

Essex Announces First Quarter 2026 ResultsApril 28, 2026 4:15 PM
Business Wire
Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its first quarter 2026 earnings results and related business activities.


Net Income, Funds from Operations (“FFO”), and Core FFO per diluted share for the three-month period ended March 31, 2026 are detailed below.




 






Three Months Ended






 








 






March 31,






%








 






2026






2025






Change








Per Diluted Share






 






 






 








Net Income






$1.65






$3.16






-47.8%








Total FFO






$4.17






$3.97






5.0%








Core FFO






$4.06






$3.97






2.3%








 






 






 






 







Recent Highlights:



Reported Net Income per diluted share for the first quarter of 2026 of $1.65, compared to $3.16 in the first quarter of 2025. The decrease is mainly attributable to gain on sale of real estate and land recognized in the first quarter of 2025.




Grew Core FFO per diluted share by 2.3% compared to the first quarter of 2025, exceeding the midpoint of the Company’s guidance range by $0.11. The outperformance was primarily driven by favorable same-property net operating income (“NOI”).




Achieved same-property revenue and NOI growth of 2.9% and 4.1%, respectively, compared to the first quarter of 2025. On a sequential basis, same-property revenue and NOI improved 0.7% and 1.3%, respectively.




Repurchased $61.9 million of common stock year-to-date, including commissions, at an average price per share of $243.76.




Increased the dividend by 0.8% to an annual distribution of $10.36 per common share, the Company’s 32nd consecutive annual increase.




Reaffirmed the full-year guidance ranges for Core FFO per diluted share, same-property revenue, expenses, and NOI.




As of March 31, 2026, the Company’s immediately available liquidity was over $1.7 billion.



SAME-PROPERTY OPERATIONS


Same-property operating results exclude any properties that are not comparable for the periods presented. The table below illustrates the percentage change in same-property revenue on a year-over-year and sequential basis for the three-month period ended March 31, 2026:





Revenue Change






 






 









Q1 2026




vs. Q1 2025






 






Q1 2026




vs. Q4 2025






 






% of Total Q1

2026 Revenue








Southern California






 






 






 






 






 








Los Angeles County






1.7%






 






-0.2%






 






17.0%








Orange County






2.9%






 






0.0%






 






10.1%








San Diego County






2.6%






 






0.8%






 






9.9%








Ventura County






1.9%






 






0.2%






 






4.7%








Total Southern California






2.2%






 






0.1%






 






41.7%








Northern California






 






 






 






 






 








Santa Clara County






4.6%






 






1.2%






 






20.8%








Alameda County






3.0%






 






0.6%






 






7.0%








San Mateo County






4.9%






 






1.4%






 






4.5%








Contra Costa County






1.5%






 






1.2%






 






5.1%








San Francisco






4.3%






 






4.2%






 






3.0%








Total Northern California






3.9%






 






1.4%






 






40.4%








Seattle Metro






2.3%






 






0.5%






 






17.9%








Same-Property Portfolio






2.9%






 






0.7%






 






100.0%












 


The table below illustrates the components that drove the change in same-property revenue on a year-over-year and sequential basis for the three-month period ended March 31, 2026:




 




Same-Property Revenue Components






 






Q1 2026




vs. Q1 2025






 






Q1 2026




vs. Q4 2025








Scheduled Rents






 






2.2%






 






0.3%








Delinquency






 






0.1%






 






0.0%








Cash Concessions






 






-0.1%






 






0.2%








Vacancy






 






0.2%






 






0.2%








Other Income






 






0.5%






 






0.0%








Q1 2026 Same-Property Revenue Growth






 






2.9%






 






0.7%











 




 






Year-Over-Year Change








 






Q1 2026 compared to Q1 2025








 






Revenue






 






Operating




Expenses






 






NOI








Southern California






2.2%






 






1.9%






 






2.3%








Northern California






3.9%






 






0.2%






 






5.6%








Seattle Metro






2.3%






 






-3.4%






 






4.9%








Same-Property Portfolio






2.9%






 






0.2%






 






4.1%









 




 




 






Sequential Change








 






Q1 2026 compared to Q4 2025








 






Revenue






 






Operating




Expenses






 






NOI








Southern California






0.1%






 






-1.8%






 






0.9%








Northern California






1.4%






 






0.1%






 






1.9%








Seattle Metro






0.5%






 






-0.8%






 






1.0%








Same-Property Portfolio






0.7%






 






-0.9%






 






1.3%












 



 




 




 






Financial Occupancies








 






Quarter Ended








 






3/31/2026






 






12/31/2025






 






3/31/2025








Southern California






96.1%






 






96.4%






 






95.8%








Northern California






96.9%






 






96.4%






 






96.7%








Seattle Metro






96.6%






 






96.1%






 






96.2%








Same-Property Portfolio






96.5%






 






96.4%






 






96.3%












 


BALANCE SHEET AND LIQUIDITY


Common Stock and Liquidity


In the first quarter of 2026, the Company repurchased 205,740 shares of its common stock through the Company’s stock repurchase plan, totaling $50.2 million, including commissions, at an average price per share of $244.06.


Subsequent to quarter end, the Company repurchased 48,261 shares of its common stock through the Company’s stock repurchase plan, totaling $11.7 million, including commissions, at an average price per share of $242.47. Year-to-date, the Company has repurchased $61.9 million of its common stock, including commissions, at an average price per share of $243.76. As of April 27, 2026, the Company has $240.8 million of purchase authority remaining under its stock repurchase plan.


As of March 31, 2026, the Company had over $1.7 billion in liquidity via undrawn capacity on its unsecured credit facilities, cash and cash equivalents, and marketable securities.


GUIDANCE


For the first quarter of 2026, the Company exceeded the midpoint of the guidance range provided in its fourth quarter 2025 earnings release for Core FFO by $0.11 per diluted share, of which $0.08 is attributable to same-property NOI.


The following table provides a reconciliation of first quarter 2026 Core FFO per diluted share to the midpoint of the guidance provided in the Company’s fourth quarter 2025 earnings release.




 







 






Per Diluted




Share








Guidance midpoint of Core FFO per diluted share for Q1 2026







$






3.95








NOI from Consolidated Communities







 






0.09








FFO from Co-Investments







 






0.02








Core FFO per diluted share for Q1 2026 reported







$






4.06










 




2026 FULL-YEAR AND SECOND QUARTER GUIDANCE













 



Per Diluted Share (1)






Previous




Range






 




 






Current




Range







Current




Midpoint






Change at




Midpoint








Net Income






$5.55 - $6.05






 






$5.62 - $6.12







$5.87






+$0.07








Total FFO






$15.54 - $16.04






 






$15.71 - $16.21







$15.96






+$0.17








Core FFO






$15.69 - $16.19






 






$15.69 - $16.19







$15.94






-








Q2 2026 Core FFO






N/A






 






$3.92 - $4.04







$3.98






N/A








 






 






 






 







 






 








Same-Property Portfolio Growth (2)






 






 






 







 






 








Revenues






1.70% to 3.10%






 






1.70% to 3.10%







2.40%






-








Operating Expenses






2.50% to 3.50%






 






2.50% to 3.50%







3.00%






-








Net Operating Income






0.80% to 3.40%






 






0.80% to 3.40%







2.10%






-








(1)

Full-Year 2026 guidance updated to include an additional $90 million in early structured finance redemptions set to occur in the second quarter of 2026, which was not previously expected in the original plan. For additional details, please refer to page S-15 of the supplemental financial information.







(2)

Reflects guidance on a cash basis based on 52,135 apartment homes. On a GAAP basis, the midpoints of the Company’s same-property revenue and NOI guidance are 2.50% and 2.20%, respectively.








 


CONFERENCE CALL WITH MANAGEMENT


The Company will host an earnings conference call with management to discuss its quarterly results on Wednesday, April 29, 2026 at 10:00 a.m. PT (1:00 p.m. ET), which will be broadcast live via the Internet at www.essex.com, and accessible via phone by dialing toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary.


A rebroadcast of the live call will be available online for 30 days and digitally for 7 days. To access the replay online, go to www.essex.com and select the first quarter 2026 earnings link. To access the replay, dial (844) 512-2921 using the replay pin number 13759660. If you are unable to access the information via the Company’s website, please contact the Investor Relations Department at

Essex Announces Release and Conference Call Dates for Its First Quarter 2026 EarningsApril 7, 2026 4:15 PM
Business Wire
Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its first quarter 2026 earnings after the market closes on Tuesday, April 28, 2026. A conference call with senior management is scheduled for Wednesday, April 29, 2026 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time.


The first quarter conference call is open to everyone and can be accessed by:


Internet: Go to www.essex.com; click on Investors and the first quarter earnings webcast.


Phone: Dial toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary.


Replay: A rebroadcast of the live call will be available online for 30 days and digitally for 7 days. To access the replay online, go to www.essex.com and select Investors and the first quarter earnings webcast. To access the replay digitally, dial (844) 512-2921 using the Replay Pin Number – 13759660.


About Essex Property Trust, Inc.


Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260407617717/en/
Contact Information

Loren Rainey

Sr. Director, Investor Relations

(650) 655-7800

lrainey@essex.com


Original: Essex Announces Release and Conference Call Dates for Its First Quarter 2026 Earnings

Essex Property Trust to Present at The 2026 Citigroup Global Property CEO ConferenceFebruary 27, 2026 4:15 PM
Business Wire
Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2026 Citigroup Global Property CEO Conference on Monday, March 2, 2026 at 2:55 p.m. Eastern Time.


To listen to the panel, please visit the webcast link under the latest events section of the Company’s Investors website at www.essex.com. An archive of the webcast will be available for thirty days following the event. A copy of any materials provided by the Company at the conference can be obtained through the Investors section of the Company’s website.


About Essex Property Trust, Inc.


Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260227059586/en/
Loren Rainey

Sr. Director, Investor Relations

(650) 655-7800

lrainey@essex.com


Original: Essex Property Trust to Present at The 2026 Citigroup Global Property CEO Conference

Essex Announces its 32nd Consecutive Annual Dividend IncreaseFebruary 19, 2026 4:15 PM
Business Wire
Establishes Record Date for the Annual Shareholders’ Meeting


Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 0.8% increase to its annual cash dividend. This represents the Company’s 32nd consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.59 per share, payable April 15, 2026 to shareholders of record as of March 31, 2026. On an annualized basis, the dividend represents a distribution of $10.36 per common share.


The Annual Meeting of Shareholders will be held virtually on Tuesday, May 12, 2026 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time. Shareholders of record as of February 25, 2026 will be entitled to vote at the meeting. Further information regarding how to access and vote at the virtual Annual Meeting will be contained in the proxy materials to be filed with the U.S. Securities and Exchange Commission.


About Essex Property Trust, Inc.


Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 259 apartment communities comprising over 63,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260219195600/en/
Loren Rainey

Sr. Director, Investor Relations

(650) 655-7800

lrainey@essex.com


Original: Essex Announces its 32nd Consecutive Annual Dividend Increase

Essex Announces Fourth Quarter and Full-Year 2025 Results and Provides 2026 GuidanceFebruary 4, 2026 4:15 PM
Business Wire
Essex Property Trust, Inc. (NYSE:ESS) (the “Company”) announced today its fourth quarter and full-year 2025 earnings results and related business activities.


Net Income, Funds from Operations (“FFO”), and Core FFO per diluted share for the three and twelve months ended December 31, 2025 are detailed below.




 






Three Months Ended

December 31,






 






Twelve Months Ended

December 31,






 








 






%






%








 






2025






2024






Change






2025






2024






Change








Per Diluted Share






 






 






 






 






 






 








Net Income






$1.25






$4.00






-68.8%






$10.40






$11.54






-9.9%








Total FFO






$3.94






$3.69






6.8%






$15.98






$15.99






-0.1%








Core FFO






$3.98






$3.92






1.5%






$15.94






$15.60






2.2%








 






 






 






 






 






 






 







Fourth Quarter and Full-Year 2025 Highlights:



Reported Net Income per diluted share for the fourth quarter of 2025 of $1.25, compared to $4.00 in the fourth quarter of 2024. For the full-year 2025, the Company reported Net Income per diluted share of $10.40 compared to $11.54 in 2024. The year-over-year decline in fourth quarter and full-year 2025 Net Income per diluted share is largely attributable to gains on sale of real estate and land and gains on remeasurement of co-investments in the prior year period.




Grew Core FFO per diluted share by 1.5% compared to the fourth quarter of 2024 and 2.2% compared to the full-year 2024, exceeding the midpoint of the Company’s original full year guidance range. The outperformance was primarily driven by favorable same-property revenue growth.




Achieved both same-property revenue and net operating income (“NOI”) growth of 3.8% compared to the fourth quarter of 2024. For the full-year 2025, same-property revenue and NOI grew 3.3% and 3.2%, respectively, both exceeding the midpoint of the Company’s original guidance range.




For the full-year 2025, the Company acquired seven apartment communities for a total contract price of $829.4 million and disposed of five apartment communities for a total pro rata contract price of $563.8 million.




For the full-year 2025, the Company received cash proceeds of $189.8 million from nine structured finance redemptions yielding a weighted average return rate of 9.8% and committed $21.3 million at pro rata share in an investment yielding a 13.5% return rate.




Issued $350.0 million of 10-year senior unsecured notes in the fourth quarter bearing an interest rate of 4.875% per annum and a yield to maturity of 4.988%.




As of December 31, 2025, the Company’s immediately available liquidity was over $1.7 billion.



SAME-PROPERTY OPERATIONS


Same-property operating results exclude any properties that are not comparable for the periods presented. The table below illustrates the percentage change in same-property revenue on a year-over-year basis for the three and twelve-month periods ended December 31, 2025 and on a sequential basis for the three months ended December 31, 2025, by submarket for the Company:




 




 






 




Revenue Change






 






 









Q4 2025

vs. Q4 2024






YTD 2025

vs. YTD 2024






Q4 2025

vs. Q3 2025






 






% of Total Q4

2025 Revenue








Southern California






 






 






 






 






 








Los Angeles County






4.5%






3.4%






1.2%






 






18.7%








Orange County






4.3%






3.6%






1.1%






 






9.2%








San Diego County






2.1%






2.4%






0.8%






 






9.3%








Ventura County






3.5%






3.8%






0.7%






 






4.3%








Total Southern California






3.8%






3.3%






1.1%






 






41.5%








Northern California






 






 






 






 






 








Santa Clara County






5.2%






3.8%






0.8%






 






20.3%








Alameda County






3.0%






2.7%






1.1%






 






7.0%








San Mateo County






6.2%






5.0%






0.3%






 






4.7%








Contra Costa County






2.0%






2.0%






0.3%






 






5.4%








San Francisco






2.0%






5.0%






-1.2%






 






3.0%








Total Northern California






4.2%






3.6%






0.6%






 






40.4%








Seattle Metro






3.1%






2.8%






-0.8%






 






18.1%








Same-Property Portfolio






3.8%






3.3%






0.5%






 






100.0%










 







 








The table below illustrates the components that drove the change in same-property revenue on a year-over-year basis for the three and twelve-month periods ended December 31, 2025 and on a sequential basis for the three months ended December 31, 2025.




Same-Property Revenue Components






Q4 2025

vs. Q4 2024






YTD 2025

vs. YTD 2024






Q4 2025

vs. Q3 2025








Scheduled Rents






2.2%






2.3%






0.1%








Reported Delinquency (1)






0.7%






0.5%






0.0%








Cash Concessions






0.0%






0.0%






-0.2%








Vacancy






0.3%






0.0%






0.2%








Other Income






0.6%






0.5%






0.4%








2025 Same-Property Revenue Growth






3.8%






3.3%






0.5%









(1)






The fourth quarter 2025 year-over-year increase to revenue related to delinquency is largely attributable to the Company recording a non-cash charge in the fourth quarter of 2024 and fully eliminating its remaining $2.7 million residential accounts receivable balance.








 





Year-Over-Year Change






 






Year-Over-Year Change








 






Q4 2025 compared to Q4 2024






 






YTD 2025 compared to YTD 2024








 






Revenue






Operating




Expenses






NOI






 






Revenue






Operating




Expenses






NOI








Southern California






3.8%






5.9%






2.9%






 






3.3%






5.4%






2.4%








Northern California






4.2%






1.9%






5.3%






 






3.6%






3.0%






3.8%








Seattle Metro






3.1%






3.8%






2.7%






 






2.8%






0.5%






3.7%








Same-Property Portfolio






3.8%






3.8%






3.8%






 






3.3%






3.5%






3.2%














 




 






Sequential Change








 






Q4 2025 compared to Q3 2025








 






Revenue






Operating




Expenses






NOI








Southern California






1.1%






-2.0%






2.4%








Northern California






0.6%






-3.9%






2.6%








Seattle Metro






-0.8%






-0.5%






-0.9%








Same-Property Portfolio






0.5%






-2.5%






1.9%








 




 




 






Financial Occupancies








 






Quarter Ended








 






12/31/2025






9/30/2025






12/31/2024








Southern California






96.3%






95.8%






95.6%








Northern California






96.4%






96.3%






96.2%








Seattle Metro






96.1%






96.2%






96.2%








Same-Property Portfolio






96.3%






96.1%






95.9%










 


INVESTMENT ACTIVITY


Acquisitions


In November, the Company acquired 1250 Lakeside, a 250-unit apartment community built in 2021 and located in Sunnyvale, CA for a contract price of $143.5 million.


Other Investments


In the fourth quarter, the Company received cash proceeds of $91.1 million from full redemptions of three structured finance investments yielding a 9.6% weighted average rate of return. For the full-year, the Company received cash proceeds of $189.8 million from nine structured finance redemptions yielding a 9.8% weighted average rate of return.


In the fourth quarter, the Company repaid an $88.2 million senior mortgage associated with a preferred equity investment in an apartment community consisting of 376 units and approximately 9,000 sq. ft. of commercial space. The community was built in 2021 and is located in Los Angeles, CA. Concurrent with the repayment, the Company assumed full managerial control and consolidated the community on its financial statements based on a valuation of $167.7 million.


BALANCE SHEET AND LIQUIDITY


Balance Sheet


In October, the Company executed an amendment of its existing $300.0 million unsecured term loan to extend the maturity date from October 2027 to January 2031, inclusive of extension options exercisable at the Company’s option. The interest rate was reduced by 0.10% to SOFR plus 0.85% and is swapped to an all-in fixed rate of 4.07% through October 2026.


In December, the Company issued $350.0 million of 10-year senior unsecured notes due in February 2036 bearing an interest rate of 4.875% per annum and a yield to maturity of 4.988%. The proceeds are intended to repay a portion of the Company’s $450.0 million senior notes due April 2026.


Common Stock and Liquidity


In the fourth quarter, the Company did not issue any shares of common stock through its equity distribution program, exercise any of its previously disclosed forward sale agreements, or repurchase any shares through its stock repurchase plan.


As of December 31, 2025, the Company had over $1.7 billion in liquidity via undrawn capacity on its unsecured credit facilities, cash and cash equivalents, and marketable securities.




2026 FULL-YEAR GUIDANCE AND KEY ASSUMPTIONS









 



Per Diluted Share






Range






Midpoint








Net Income






$5.55 - $6.05






$5.80








Total FFO






$15.54 - $16.04






$15.79








Core FFO






$15.69 - $16.19






$15.94








Q1 2026 Core FFO






$3.89 - $4.01






$3.95








 






 






 








Estimated Same-Property Portfolio Growth




Based on 52,209 Apartment Homes






Range






Midpoint

Cash-Basis (1)








Revenue






1.70% to 3.10%






2.40%








Operating Expenses






2.50% to 3.50%






3.00%








Net Operating Income






0.80% to 3.40%






2.10%









(1)






The midpoint of the Company’s same-property revenue and NOI on a GAAP basis are 2.50% and 2.20%, respectively.








 


KEY 2026 ASSUMPTIONS



Investment activities will be influenced by market conditions and cost of capital, consistent with the Company’s historical practice of creating NAV and FFO per share.



Guidance assumes $175 million in structured finance maturities.



The Company expects development funding of approximately $80 million and does not currently plan to start any new developments.



Revenue generating capital expenditures are expected to be approximately $100 million at the Company’s pro rata share.



2026 CORE FFO PER DILUTED SHARE GUIDANCE MIDPOINT VERSUS FULL-YEAR 2025


The table below provides a summary of changes between the Company’s 2025 Core FFO per diluted share and its 2026 Core FFO per diluted share guidance midpoint.




2026 Core FFO Per Diluted Share Guidance Midpoint versus 2025






 






Midpoint








2025 Core FFO Per Diluted Share






$






15.94








NOI from Consolidated Communities







0.60








Structured Finance (Preferred Equity & Mezz) (1)







(0.38)








G&A and Interest and Other Income (2)







(0.09)








FFO from Co-Investments, excluding Preferred Equity







(0.07)








Consolidated Net Interest Expense






 






(0.06)








2026 Core FFO Per Diluted Share Guidance Midpoint






$






15.94








2026 Core FFO Per Diluted Share, Excluding Structured Finance Impact (3)






$






16.23









(1)






Reflects the gross impact of structured finance investment activities in 2025 and 2026E. The impact, net of reinvestment, is approximately $0.29, with the reinvestment offset accounted for in “NOI from consolidated communities.”








(2)






Excludes interest income related to the Company’s structured finance subordinated loans, which is reflected in the structured finance line.








(3)






Excluding the impact from structured finance-related headwinds, net of reinvestment, the Core FFO per diluted share midpoint would be $16.23, equating to 1.8% year-over-year growth.








 


For additional details regarding the Company’s 2026 FFO guidance range, please see page S-15 and S-16.2 of the supplemental financial information.


CONFERENCE CALL WITH MANAGEMENT


The Company will host an earnings conference call with management to discuss its quarterly results on Thursday, February 5, 2026 at 9:00 a.m. PT (12:00 p.m. ET), which will be broadcast live via the Internet at www.essex.com, and accessible via phone by dialing toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary.


A rebroadcast of the live call will be available online for 30 days and digitally for 7 days. To access the replay online, go to www.essex.com and select the fourth quarter 2025 earnings link. To access the replay, dial (844) 512-2921 using the replay pin number 13757926. If you are unable to access the information via the Company’s website, please contact the Investor Relations Department at

BREAKING NEWS: $ESS Comprehensive non-correlated Essex Property $ESS Trading Report

Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with out market based analysis, the probabilities of going with the flow increases, and that is material over time. The Essex Property ...

Find out more ESS - Comprehensive non-correlated Essex Property $ESS Trading Report

News: $ESS Essex Reports Characteristics of 2018 Dividends

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2018 distributions to shareholders. The 2018 distribution characteristics are as follows: For purposes of calculating alternative minimum taxable income under Sec. 55 of the Internal Revenue Code of 19...

Find out more https://marketwirenews.com/news-releases/essex-reports-characteristics-of-2018-dividends-7034894.html

~ Wednesday! $ESS ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ESS ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ESS&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ESS&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ESS
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ESS#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ESS+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ESS
Finviz: http://finviz.com/quote.ashx?t=ESS
~ BusyStock: http://busystock.com/i.php?s=ESS&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ESS >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

~ $ESS ~Multi chart fix and On the house shots of DD!! Version 3.2.3







~ Barchart: http://barchart.com/quotes/stocks/ESS?
~ OTC Markets: http://www.otcmarkets.com/stock/ESS/company-info
~ Google Finance: http://www.google.com/finance?q=ESS
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ESS#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ESS+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ESS
Finviz: http://finviz.com/quote.ashx?t=ESS
~ BusyStock: http://busystock.com/i.php?s=ESS&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=ESS&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=ESS
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=ESS
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=ESS
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=23393&srchyr=2011&SearchStr=ESS
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=ESS
~ MarketWatch: http://www.marketwatch.com/investing/stock/ESS/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=ESS
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS&size=l&frequency=60&color=g

DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=ESS
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=ESS
Check those searches for recent ESS mentions. If ESS is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a cESSnt list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS


Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=25&y=5
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=36&y=14
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=28&y=15



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=39&y=17
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=35&y=12
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=23&y=19



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=38&y=6
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=30&y=11
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=&symb=ESS&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=35&y=14



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=39&y=14
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=20&y=16
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=46&y=6



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=42&y=20
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=36&y=11
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=46&y=11



Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=31&y=14
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=23&y=15
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=ESS&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=22&y=15



























---------------------













---------------------
























* If a symbol changes or adds a D, etc. Message me for an updated version.
Twitter: @MACDgyver ---> ESS <---

Essex Property Trust, Inc. (Essex) operates as a self-administered and self-managed real estate investment trust (REIT). The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities. As of December 31, 2010, the Company owned or held an interest in 147 apartment communities, aggregating 30,072 units, located along the West Coast, as well as five commercial buildings (totaling approximately 215,840 square feet), and two active development projects with 436 units in various stages of development . During the year ended December 31, 2010, the Company acquired Essex Skyline at MacArthur Place, a new 349-unit high rise condominium project that is operated as an apartment community, located in Santa Ana, California; Eagle Rim, a 156-unit community located in Redmond, Washington, and 101 San Fernando. In September 2011, the Company acquired two apartment communities.

~ $ESS ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ESS ~ Earnings expected on Wednesday *
This Week In Earnings: Earnings are coming or are already posted! This is what the charts look like! If you play the earnings these posts can be very helpful to you!
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ESS&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ESS&p=W&b=3&g=0&id=p54550695994



~ Barchart: http://barchart.com/quotes/stocks/ESS?
~ OTC Markets: http://www.otcmarkets.com/stock/ESS/company-info
~ Google Finance: http://www.google.com/finance?q=ESS
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ESS#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ESS+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ESS
Finviz: http://finviz.com/quote.ashx?t=ESS
~ BusyStock: http://busystock.com/i.php?s=ESS&v=2
~ CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=ESS&exchange=US
~ Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=ESS
~ Investorshub Board Search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=ESS
~ Investorshub PostStream Search: http://investorshub.advfn.com/boards/poststream.aspx?ticker=ESS
~ Investorshub Goodies Search: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18582&srchyr=2011&SearchStr=ESS
~ Investorshub Message Search: http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=ESS
~ MarketWatch: http://www.marketwatch.com/investing/stock/ESS/profile
~ E-Zone Chart: http://www.windchart.com/ezone/signals/?symbol=ESS
~ 5-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS
~ 10-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS&size=l&frequency=10&color=g
~ 30-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS&size=l&frequency=30&color=g
~ 60-Min Wind: http://www.windchart.com/stockta/analysis?symbol=ESS&size=l&frequency=60&color=g


http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.