Essential Properties Realty Trust (EPRT) Stock Price, News & Analysis

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essential Properties Realty Trust in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EPRT shares.
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9 equities research analysts have issued 12 month price targets for Essential Properties Realty Trust's shares. Their EPRT share price targets range from $26.00 to $29.00. On average, they predict the company's share price to reach $28.22 in the next year. This suggests a possible upside of 12.1% from the stock's current price.
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Essential Properties Realty Trust's stock was trading at $25.56 at the start of the year. Since then, EPRT shares have decreased by 1.5% and is now trading at $25.1650.
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Essential Properties Realty Trust saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 7,890,000 shares, a decline of 28.3% from the March 15th total of 11,010,000 shares. Based on an average daily trading volume, of 1,410,000 shares, the short-interest ratio is presently 5.6 days.
View Essential Properties Realty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our EPRT earnings forecast.

Essential Properties Realty Trust will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745503".

Essential Properties Realty Trust, Inc. (NYSE:EPRT) posted its earnings results on Wednesday, February, 16th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.02. Essential Properties Realty Trust had a net margin of 53.03% and a trailing twelve-month return on equity of 6.77%. During the same period in the prior year, the business posted $0.27 earnings per share.

Essential Properties Realty Trust declared a quarterly dividend on Thursday, March 7th. Investors of record on Friday, March 29th will be given a dividend of $0.285 per share on Friday, April 12th. This represents a $1.14 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for EPRT.

Essential Properties Realty Trust (NYSE:EPRT) pays an annual dividend of $1.14 per share and currently has a dividend yield of 4.48%. EPRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 91.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EPRT will have a dividend payout ratio of 62.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EPRT.

ETFs with the largest weight of Essential Properties Realty Trust (NYSE:EPRT) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), ALPS Active REIT ETF (REIT), Invesco S&P SmallCap Financials ETF (PSCF), Opus Small Cap Value Plus ETF (OSCV), Virtus Real Asset Income ETF (VRAI), Invesco S&P SmallCap Low Volatility ETF (XSLV), Burney U.S. Factor Rotation ETF (BRNY) and iShares S&P Small-Cap 600 Value ETF (IJS).

Essential Properties Realty Trust issued an update on its FY 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share (EPS) guidance of 1.710-1.750 for the period, compared to the consensus estimate of 1.830. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Essential Properties Realty Trust investors own include Crown Castle (CCI), Alibaba Group (BABA), General Electric (GE), NVIDIA (NVDA), AT&T (T), Digital Realty Trust (DLR), Cisco Systems (CSCO), QUALCOMM (QCOM), Bristol-Myers Squibb (BMY) and Walt Disney (DIS).

Essential Properties Realty Trust (EPRT) raised $499 million in an IPO on Thursday, June 21st 2018. The company issued 32,200,000 shares at a price of $14.00-$17.00 per share. Goldman Sachs, Citigroup, Barclays, BofA Merrill Lynch and Credit Suisse served as the underwriters for the IPO and RBC Capital Markets, SunTrust Robinson Humphrey, Evercore ISI and Ladenburg Thalmann were co-managers.

Essential Properties Realty Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Hazelview Securities Inc. (0.51%), Pensionfund DSM Netherlands (0.05%), Perpetual Ltd (0.04%), Pensionfund Sabic (0.03%), Los Angeles Capital Management LLC (0.02%) and Selective Wealth Management Inc. (0.01%). Insiders that own company stock include Mark E Patten and Peter M Mavoides.
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Shares of EPRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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