Essential Properties Realty Trust (NYSE:EPRT) Stock Price Expected to Rise, Mizuho Analyst Says

Essential Properties Realty Trust (NYSE:EPRT) had its price target lifted by equities researchers at Mizuho from $32.00 to $33.00 in a report issued on Wednesday, Marketbeat.com reports. The firm currently has an “outperform” rating on the stock. Mizuho’s price target would suggest a potential upside of 8.27% from the company’s previous close.

A number of other research analysts also recently issued reports on EPRT. Berenberg Bank began coverage on Essential Properties Realty Trust in a research note on Monday, October 13th. They set a “buy” rating and a $36.00 price objective for the company. Cantor Fitzgerald lifted their price target on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Friday, October 24th. Evercore ISI dropped their price target on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday. Weiss Ratings reissued a “buy (b-)” rating on shares of Essential Properties Realty Trust in a research note on Friday, October 31st. Finally, Stifel Nicolaus set a $36.00 target price on shares of Essential Properties Realty Trust in a research note on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.32.

Essential Properties Realty Trust Trading Down 0.9%

NYSE:EPRT opened at $30.48 on Wednesday. Essential Properties Realty Trust has a one year low of $27.44 and a one year high of $33.35. The business has a fifty day moving average price of $30.69 and a 200-day moving average price of $30.90. The firm has a market capitalization of $6.04 billion, a price-to-earnings ratio of 24.58, a price-to-earnings-growth ratio of 2.23 and a beta of 0.98. The company has a debt-to-equity ratio of 0.68, a current ratio of 5.66 and a quick ratio of 5.66.

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

Hedge Funds Weigh In On Essential Properties Realty Trust

Several hedge funds have recently modified their holdings of EPRT. TD Private Client Wealth LLC bought a new position in shares of Essential Properties Realty Trust during the second quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in Essential Properties Realty Trust in the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Essential Properties Realty Trust in the 2nd quarter worth $44,000. Salomon & Ludwin LLC bought a new position in shares of Essential Properties Realty Trust during the 3rd quarter valued at about $46,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Essential Properties Realty Trust by 54.2% during 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. Hedge funds and other institutional investors 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.