Essential Properties Realty Trust, Inc. (NYSE:EPRT) Given Average Recommendation of “Moderate Buy” by Analysts

Essential Properties Realty Trust, Inc. (NYSE:EPRT) has earned a consensus rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $35.3182.

A number of research firms have recently issued reports on EPRT. Evercore ISI raised Essential Properties Realty Trust from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $34.00 to $36.00 in a research report on Monday, September 15th. Cantor Fitzgerald raised their price target on Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Friday, October 24th. Mizuho reduced their price objective on shares of Essential Properties Realty Trust from $35.00 to $32.00 and set an “outperform” rating for the company in a research report on Thursday, September 11th. Scotiabank increased their price objective on shares of Essential Properties Realty Trust from $33.00 to $34.00 and gave the company a “sector perform” rating in a research report on Tuesday, November 25th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Essential Properties Realty Trust in a report on Friday, October 31st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. TD Private Client Wealth LLC bought a new position in Essential Properties Realty Trust during the second quarter worth about $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Essential Properties Realty Trust during the 2nd quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Essential Properties Realty Trust during the 2nd quarter worth approximately $44,000. Salomon & Ludwin LLC bought a new position in shares of Essential Properties Realty Trust during the third quarter worth approximately $46,000. Finally, Versant Capital Management Inc raised its position in shares of Essential Properties Realty Trust by 54.2% in the third quarter. Versant Capital Management Inc now owns 1,867 shares of the company’s stock valued at $56,000 after buying an additional 656 shares in the last quarter. 96.98% of the stock is owned by institutional investors and hedge funds.

Essential Properties Realty Trust Stock Performance

NYSE EPRT opened at $30.51 on Tuesday. The firm has a market capitalization of $6.05 billion, a P/E ratio of 24.61, a price-to-earnings-growth ratio of 2.21 and a beta of 0.98. The company has a current ratio of 5.66, a quick ratio of 5.66 and a debt-to-equity ratio of 0.68. The firm’s fifty day moving average price is $30.64 and its two-hundred day moving average price is $30.93. Essential Properties Realty Trust has a 1 year low of $27.44 and a 1 year high of $33.35.

Essential Properties Realty Trust (NYSE:EPRT) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $0.48 EPS for the quarter, meeting analysts’ consensus estimates of $0.48. The company had revenue of $144.93 million during 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 quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 EPS. 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. As a group, research analysts anticipate that Essential Properties Realty Trust will post 1.83 EPS for the current year.

Essential Properties Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.1%. This is an increase from Essential Properties Realty Trust’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, December 31st. Essential Properties Realty Trust’s dividend payout ratio is 96.77%.

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.