Essex Property Trust Inc. disclosed fourth-quarter 2025 core funds from operations (FFO) per share at $3.98, missing the Zacks Consensus Estimate of $4. However, the company's total revenues reached $479.6 million, surpassing expectations and marking a 5.5% year-over-year growth. While full-year core FFO per share grew slightly to $15.94, it fell short of the anticipated $15.98, contributing to its current Zacks Rank of #4 (Sell) amid concerns about near-term performance.
“Essex Property Trust Inc. · reported fourth-quarter 2025 core funds from operations (FFO) per share · $3.98 · missing the Zacks Consensus Estimate of $4”
“Essex Property Trust Inc. · compares favorably to the FFO · $3.92 per share a year ago”
“Essex Property Trust Inc. · total revenues · $479.6 million · beat the Zacks Consensus Estimate of $476.6 million”
“Essex Property Trust Inc. · core FFO per share for full-year 2025 · $15.94 · improving 2.2% year over year”
“Essex Property Trust Inc. · core FFO per share for full-year 2025 · $15.94 · missed the Zacks Consensus Estimate of $15.98”
“Essex Property Trust Inc. · total revenues grew · $1.89 billion · 6.4% year over year”
“Essex Property Trust Inc. · acquired 1250 Lakeside · a 250-unit apartment community · for $143.5 million”
“Essex Property Trust Inc. · exited the fourth quarter of 2025 with cash and cash equivalents · $85.6 million · up from $75.2 million recorded at the end of the prior quarter”
“Essex Property Trust Inc. · did not repurchase any shares · through its stock repurchase plan”
“Essex Property Trust Inc. · projects core FFO per share for the first quarter of 2026 · $3.89-$4.01 · with the midpoint being $3.95”
“Essex Property Trust Inc. · projects core FFO per share for full-year 2026 · $15.69-$16.19 · with the midpoint being $15.94”
“Essex Property Trust Inc. · currently carries a Zacks Rank · #4 (Sell)”