Essential Properties Realty Trust, Inc. (NYSE:EPRT) Receives $35.23 Consensus PT from Analysts

Shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) have been given an average rating of “Moderate Buy” by the fourteen ratings firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $35.3462.

Several equities research analysts have commented on EPRT shares. Barclays cut their price objective on Essential Properties Realty Trust from $37.00 to $36.00 and set an “overweight” rating for the company in a research note on Monday, July 21st. Mizuho cut their price objective on Essential Properties Realty Trust from $35.00 to $32.00 and set an “outperform” rating for the company in a research note on Thursday, September 11th. UBS Group boosted their price objective on Essential Properties Realty Trust from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Berenberg Bank started 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. Finally, Cantor Fitzgerald boosted their price objective on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Friday.

Essential Properties Realty Trust Stock Performance

EPRT opened at $31.11 on Monday. The company has a quick ratio of 5.66, a current ratio of 5.66 and a debt-to-equity ratio of 0.68. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 2.35 and a beta of 1.12. Essential Properties Realty Trust has a 52-week low of $27.44 and a 52-week high of $34.88. The firm’s fifty day simple moving average is $30.35 and its two-hundred day simple moving average is $31.18.

Essential Properties Realty Trust (NYSE:EPRT) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. The business had revenue of $136.54 million for the quarter, compared to the consensus estimate of $140.42 million. Essential Properties Realty Trust had a net margin of 45.25% and a return on equity of 6.38%. The company’s revenue was up 23.7% compared to the same quarter last year. During the same period last year, the firm posted $0.43 earnings per share. 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. Equities 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 business also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Tuesday, September 30th. Essential Properties Realty Trust’s payout ratio is currently 96.77%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bayforest Capital Ltd acquired a new position in shares of Essential Properties Realty Trust during the 3rd quarter worth approximately $61,000. SG Americas Securities LLC boosted its holdings in shares of Essential Properties Realty Trust by 138.7% during the 3rd quarter. SG Americas Securities LLC now owns 56,991 shares of the company’s stock worth $1,696,000 after purchasing an additional 33,119 shares during the last quarter. KLP Kapitalforvaltning AS boosted its holdings in shares of Essential Properties Realty Trust by 4.7% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 42,200 shares of the company’s stock worth $1,267,000 after purchasing an additional 1,900 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Essential Properties Realty Trust by 1.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 411,026 shares of the company’s stock worth $12,232,000 after purchasing an additional 4,139 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new position in shares of Essential Properties Realty Trust during the 3rd quarter worth approximately $46,000. 96.98% of the stock is currently owned by institutional investors and hedge funds.

About Essential Properties Realty Trust

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.