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What Essex Property Trust (ESS)'s 2025 Beat and 2026 Rent Tailwinds Outlook Means For Shareholders
Essex Property Trust (ESS) reported strong Q4 and full-year 2025 results, outperforming guidance for same-store revenue and FFO per share growth. The company anticipates a positive 2026 due to tech-driven demand, limited housing supply in Northern California, and a projected 20% reduction in new housing deliveries, which is expected to support rent trends. This solid performance and optimistic outlook reinforce the company’s investment narrative, including a recent dividend increase to US$10.36 per share, marking 32 consecutive annual raises.