Essential Properties Realty Trust, Inc. (NYSE:EPRT) Receives $35.46 Consensus Target Price from Analysts

Shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) have earned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $35.4583.

Several brokerages have recently weighed in on EPRT. Evercore ISI upgraded shares of Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $34.00 to $36.00 in a research report on Monday, September 15th. Berenberg Bank began coverage on shares of Essential Properties Realty Trust in a research note on Monday, October 13th. They set a “buy” rating and a $36.00 price target on the stock. Stifel Nicolaus set a $36.00 price target on shares of Essential Properties Realty Trust in a research report on Thursday, October 23rd. Cantor Fitzgerald upped their price objective on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Friday, October 24th. Finally, Mizuho cut their target price on Essential Properties Realty Trust from $35.00 to $32.00 and set an “outperform” rating on the stock in a research report on Thursday, September 11th.

Essential Properties Realty Trust Trading Up 0.4%

NYSE:EPRT opened at $30.88 on Friday. Essential Properties Realty Trust has a 1 year low of $27.44 and a 1 year high of $34.88. The stock has a market cap of $6.12 billion, a P/E ratio of 24.91, a P/E/G ratio of 2.23 and a beta of 1.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 5.66 and a current ratio of 5.66. The stock has a 50-day simple moving average of $30.18 and a 200-day simple moving average of $31.03.

Essential Properties Realty Trust (NYSE:EPRT) last issued its earnings results on Wednesday, October 22nd. The company reported $0.48 earnings per share for the quarter, hitting the consensus estimate of $0.48. The business had revenue of $144.93 million for the quarter, compared to analyst estimates of $140.42 million. Essential Properties Realty Trust had a return on equity of 6.38% and a net margin of 45.25%.The business’s quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the company earned $0.43 EPS. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS. FY 2025 guidance at 1.870-1.890 EPS. As a group, analysts anticipate that Essential Properties Realty Trust will post 1.83 earnings per share for the current fiscal year.

Essential Properties Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th were paid a $0.30 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $1.20 dividend on an annualized basis and a yield of 3.9%. Essential Properties Realty Trust’s payout ratio is currently 96.77%.

Institutional Trading of Essential Properties Realty Trust

A number of large investors have recently bought and sold shares of the business. TD Private Client Wealth LLC purchased a new stake in shares of Essential Properties Realty Trust in the second quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in Essential Properties Realty Trust in the 2nd quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Essential Properties Realty Trust during the 2nd quarter valued at approximately $44,000. Salomon & Ludwin LLC acquired a new stake in Essential Properties Realty Trust during the 3rd quarter worth approximately $46,000. Finally, Versant Capital Management Inc grew its stake in shares of Essential Properties Realty Trust by 54.2% in the 3rd quarter. Versant Capital Management Inc now owns 1,867 shares of the company’s stock valued at $56,000 after purchasing an additional 656 shares during the last quarter. Institutional investors and hedge funds own 96.98% of the company’s stock.

Essential Properties Realty Trust Company Profile

Essential Properties Realty Trust, Inc, a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis.