Essential Properties Realty Trust (EPRT) Projected to Post Earnings on Wednesday

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.46 per share and revenue of $124.88 million for the quarter. Essential Properties Realty Trust has set its FY 2025 guidance at 1.850-1.890 EPS.Parties that are interested in registering for the company's conference call can do so using this link.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.14. Essential Properties Realty Trust had a return on equity of 6.12% and a net margin of 45.15%. 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 Performance

NYSE:EPRT traded up $0.31 on Friday, reaching $32.18. 1,358,084 shares of the company's stock were exchanged, compared to its average volume of 1,412,858. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of 28.23, a P/E/G ratio of 2.90 and a beta of 1.08. The company has a debt-to-equity ratio of 0.59, a current ratio of 5.36 and a quick ratio of 5.36. The stock has a fifty day simple moving average of $31.61 and a 200-day simple moving average of $32.11. Essential Properties Realty Trust has a 52 week low of $25.30 and a 52 week high of $34.88.

Essential Properties Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Monday, March 31st were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend was Monday, March 31st. Essential Properties Realty Trust's dividend payout ratio (DPR) is presently 103.51%.

Analyst Upgrades and Downgrades

EPRT has been the topic of several recent research reports. Barclays dropped their target price on Essential Properties Realty Trust from $36.00 to $35.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. Capital One Financial began coverage on Essential Properties Realty Trust in a research note on Wednesday, February 12th. They set an "overweight" rating and a $35.00 price objective on the stock. Scotiabank cut their target price on Essential Properties Realty Trust from $33.00 to $32.00 and set a "sector perform" rating for the company in a research note on Friday, February 28th. Finally, B. Riley lowered Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and lifted their target price for the company from $29.50 to $33.50 in a report on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, Essential Properties Realty Trust has a consensus rating of "Moderate Buy" and a consensus price target of $34.91.

Insider Transactions at Essential Properties Realty Trust

In other news, Director Stephen D. Sautel sold 30,000 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $31.99, for a total transaction of $959,700.00. Following the transaction, the director now directly owns 218,785 shares in the company, valued at approximately $6,998,932.15. This represents a 12.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.81% of the company's stock.

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.