Essential Properties Realty Trust (NYSE:EPRT) Releases FY 2026 Earnings Guidance

Key Points

• Essential Properties Realty Trust has set its FY 2026 earnings per share (EPS) guidance between $1.980-$2.040, significantly above the consensus estimate of $1.570.
• The company recently declared a quarterly dividend of $0.30, representing an annualized dividend of $1.20 and a yield of 3.8%.
• Analysts have mixed outlooks on the stock with target prices ranging from $32.00 to $38.00, reflecting a consensus price target of $35.23.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.980-2.040 for the period, compared to the consensus estimate of 1.570. The company issued revenue guidance of -. Essential Properties Realty Trust also updated its FY 2025 guidance to 1.870-1.890 EPS.

Essential Properties Realty Trust Price Performance

EPRT stock traded down $0.22 on Wednesday, reaching $31.41. 3,374,411 shares of the company's stock were exchanged, compared to its average volume of 1,700,989. The stock has a fifty day moving average of $30.29 and a 200-day moving average of $31.12. Essential Properties Realty Trust has a twelve month low of $27.44 and a twelve month high of $34.88. The firm has a market cap of $6.22 billion, a PE ratio of 26.62, a P/E/G ratio of 2.37 and a beta of 1.12. The company has a quick ratio of 5.67, a current ratio of 5.67 and a debt-to-equity ratio of 0.60.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $0.48 earnings per share for the quarter, hitting analysts' consensus estimates of $0.48. Essential Properties Realty Trust had a return on equity of 6.20% and a net margin of 44.48%. Essential Properties Realty Trust has set its FY 2026 guidance at 1.980-2.040 EPS. FY 2025 guidance at 1.870-1.890 EPS. As a group, equities analysts predict that Essential Properties Realty Trust will post 1.83 EPS for the current fiscal year.

Essential Properties Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.20 annualized dividend and a yield of 3.8%. Essential Properties Realty Trust's dividend payout ratio is 101.69%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on EPRT shares. Mizuho lowered their target price on Essential Properties Realty Trust from $35.00 to $32.00 and set an "outperform" rating on the stock in a report on Thursday, September 11th. Cantor Fitzgerald assumed coverage on Essential Properties Realty Trust in a report on Wednesday, October 1st. They issued an "overweight" rating and a $35.00 target price on the stock. Berenberg Bank began coverage on Essential Properties Realty Trust in a research report on Monday, October 13th. They set a "buy" rating and a $36.00 price objective for the company. Stifel Nicolaus reduced their target price on shares of Essential Properties Realty Trust from $36.00 to $35.50 and set a "buy" rating on the stock in a report on Wednesday, September 17th. Finally, UBS Group lifted their price target on shares of Essential Properties Realty Trust from $36.00 to $38.00 and gave the stock a "buy" rating in a report on Friday, August 15th. Twelve investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $35.23.

Institutional Trading of Essential Properties Realty Trust

Hedge funds have recently added to or reduced their stakes in the business. Headlands Technologies LLC boosted its stake in Essential Properties Realty Trust by 196.1% in the 2nd quarter. Headlands Technologies LLC now owns 7,260 shares of the company's stock worth $232,000 after buying an additional 4,808 shares during the last quarter. FJ Capital Management LLC purchased a new position in shares of Essential Properties Realty Trust in the 2nd quarter worth about $240,000. Evergreen Capital Management LLC raised its holdings in shares of Essential Properties Realty Trust by 13.6% in the 2nd quarter. Evergreen Capital Management LLC now owns 8,529 shares of the company's stock worth $275,000 after purchasing an additional 1,018 shares during the period. EP Wealth Advisors LLC raised its holdings in shares of Essential Properties Realty Trust by 7.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 9,144 shares of the company's stock worth $292,000 after purchasing an additional 632 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Essential Properties Realty Trust by 188.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 18,191 shares of the company's stock worth $580,000 after purchasing an additional 11,878 shares during the period. 96.98% of the stock is owned by institutional investors and hedge funds.

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.

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