Essential Properties Realty Trust (NYSE:EPRT) Releases Earnings Results, Beats Estimates By $0.01 EPS

Essential Properties Realty Trust (NYSE:EPRT) announced its quarterly earnings results on Wednesday. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.33 by $0.01, FiscalAI reports. Essential Properties Realty Trust had a return on equity of 6.30% and a net margin of 43.46%.The business had revenue of $161.89 million for the quarter, compared to analyst estimates of $156.65 million. During the same quarter in the previous year, the firm earned $0.46 EPS. Essential Properties Realty Trust’s quarterly revenue was up 18.1% on a year-over-year basis. Essential Properties Realty Trust updated its FY 2026 guidance to 2.010-2.050 EPS.

Essential Properties Realty Trust Price Performance

Shares of EPRT stock opened at $32.70 on Thursday. Essential Properties Realty Trust has a 1 year low of $28.95 and a 1 year high of $34.73. The company has a current ratio of 5.12, a quick ratio of 5.12 and a debt-to-equity ratio of 0.59. The firm’s 50 day moving average is $30.86 and its 200-day moving average is $31.40. The firm has a market capitalization of $7.07 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 2.62 and a beta of 0.88.

Essential Properties Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.32 per share. The ex-dividend date was Tuesday, June 30th. This is a positive change from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.9%. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 100.79%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Weiss Ratings upgraded shares of Essential Properties Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, July 13th. Barclays decreased their price objective on shares of Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Wednesday. Wall Street Zen upgraded shares of Essential Properties Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Wells Fargo & Company increased their price target on Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Stifel Nicolaus raised their price target on Essential Properties Realty Trust from $36.00 to $36.50 and gave the company a “buy” rating in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $36.14.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Parkside Financial Bank & Trust boosted its position in Essential Properties Realty Trust by 1,009.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,730 shares of the company’s stock valued at $51,000 after buying an additional 1,574 shares during the last quarter. Danske Bank A S bought a new stake in shares of Essential Properties Realty Trust during the third quarter worth $57,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Essential Properties Realty Trust during the fourth quarter worth $99,000. Harvest Fund Management Co. Ltd lifted its stake in shares of Essential Properties Realty Trust by 27.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 3,861 shares of the company’s stock valued at $115,000 after acquiring an additional 840 shares during the period. Finally, Headlands Technologies LLC lifted its stake in shares of Essential Properties Realty Trust by 196.1% during the second quarter. Headlands Technologies LLC now owns 7,260 shares of the company’s stock valued at $232,000 after acquiring an additional 4,808 shares during the period. Institutional investors own 96.98% of the company’s stock.

Key Headlines Impacting Essential Properties Realty Trust

Here are the key news stories impacting Essential Properties Realty Trust this week:

• Positive Sentiment: Essential Properties reported Q2 core FFO of $0.50 per share, matching or beating consensus expectations and improving from $0.46 a year ago. Essential Properties (EPRT) Matches Q2 FFO Estimates
• Positive Sentiment: The company’s Q2 EPS came in at $0.50, well above the $0.33 analyst estimate, while revenue of $161.9 million also topped expectations and rose 18.1% year over year. Press Release
• Positive Sentiment: Essential Properties raised FY2026 EPS guidance to $2.01-$2.05, above the $1.97 consensus estimate, signaling management confidence in the outlook.
• Neutral Sentiment: Barclays trimmed its price target to $37 from $40, but kept an overweight rating, which suggests limited concern about the company’s fundamentals. Tickerreport.com
• Negative Sentiment: One recap highlighted that revenue missed some estimates in the quarter, which could temper enthusiasm despite the earnings beat. Essential Properties Q2 core FFO tops consensus, but revenue misses

Essential Properties Realty Trust Company Profile

Essential Properties Realty Trust, Inc (NYSE: EPRT) is a self-administered real estate investment trust that acquires, owns and manages single-tenant commercial properties subject to long-term, triple-net leases. The company’s portfolio primarily consists of small-box retail and industrial assets, including convenience stores, automotive service centers, quick-service restaurants, fitness centers and other necessity-based businesses. Under a triple-net lease structure, tenants assume responsibility for property taxes, insurance and most maintenance expenses, providing Essential Properties with predictable, stable cash flows.

Since its founding in April 2016 and its initial public offering later that year, Essential Properties has pursued a growth strategy focused on partnering with creditworthy tenants operating in densely populated trade areas.