Essential Properties Realty Trust (EPRT) to Release Quarterly Earnings on Wednesday

Essential Properties Realty Trust (NYSE:EPRT) will likely be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.47 per share and revenue of $131.72 million for the quarter. Essential Properties Realty Trust has set its FY 2025 guidance at 1.850-1.890 EPS.

Essential Properties Realty Trust (NYSE:EPRT) last posted its earnings results on Wednesday, April 23rd. The company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The company had revenue of $129.35 million for the quarter, compared to analysts’ expectations of $124.88 million. Essential Properties Realty Trust had a return on equity of 6.13% and a net margin of 44.62%. The firm’s quarterly revenue was up 24.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.42 EPS. On average, analysts expect Essential Properties Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Essential Properties Realty Trust Stock Down 2.5%

Essential Properties Realty Trust stock opened at $31.06 on Wednesday. The business has a fifty day moving average of $32.10 and a two-hundred day moving average of $31.78. The company has a quick ratio of 7.76, a current ratio of 7.76 and a debt-to-equity ratio of 0.55. The firm has a market cap of $6.13 billion, a P/E ratio of 27.01, a P/E/G ratio of 2.41 and a beta of 1.08. Essential Properties Realty Trust has a twelve month low of $27.44 and a twelve month high of $34.88.

Essential Properties Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 14th. Shareholders of record on Monday, June 30th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.20 dividend on an annualized basis and a yield of 3.86%. This is a positive change from Essential Properties Realty Trust’s previous quarterly dividend of $0.30. Essential Properties Realty Trust’s dividend payout ratio is currently 104.35%.

Analyst Ratings Changes

EPRT has been the topic of a number of recent analyst reports. Truist Financial upped their price target on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, May 5th. Scotiabank upped their price target on Essential Properties Realty Trust from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Monday, May 12th. Barclays reaffirmed an “overweight” rating and set a $37.00 price target (up from $35.00) on shares of Essential Properties Realty Trust in a research report on Wednesday, May 21st. Finally, UBS Group reduced their price target on Essential Properties Realty Trust from $40.00 to $37.00 and set a “buy” rating on the stock in a research report on Tuesday, May 13th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.06.

Insider Activity

In other Essential Properties Realty Trust news, VP A Joseph Peil sold 13,227 shares of the company’s stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $32.96, for a total value of $435,961.92. Following the sale, the vice president directly owned 76,590 shares of the company’s stock, valued at approximately $2,524,406.40. This represents a 14.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.81% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Essential Properties Realty Trust

Several hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in Essential Properties Realty Trust by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,387,218 shares of the company’s stock valued at $45,279,000 after buying an additional 195,057 shares in the last quarter. Royal Bank of Canada lifted its stake in Essential Properties Realty Trust by 159.4% in the 1st quarter. Royal Bank of Canada now owns 74,147 shares of the company’s stock valued at $2,420,000 after buying an additional 45,561 shares in the last quarter. Jane Street Group LLC purchased a new position in Essential Properties Realty Trust in the 1st quarter valued at about $2,350,000. Finally, AQR Capital Management LLC lifted its stake in Essential Properties Realty Trust by 21.8% in the 1st quarter. AQR Capital Management LLC now owns 22,244 shares of the company’s stock valued at $726,000 after buying an additional 3,981 shares in the last quarter. 96.98% of the stock is owned by hedge funds and other institutional investors.

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.