S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
Log in

FY2020 Earnings Forecast for Essential Properties Realty Trust, Inc. Issued By Capital One Financial (NYSE:EPRT)

Last updated on Friday, January 29, 2021 | 2021 MarketBeat

Essential Properties Realty Trust, Inc. (NYSE:EPRT) - Equities research analysts at Capital One Financial boosted their FY2020 earnings per share estimates for shares of Essential Properties Realty Trust in a report released on Tuesday, January 26th. Capital One Financial analyst C. Lucas now forecasts that the company will earn $1.12 per share for the year, up from their previous estimate of $1.11. Capital One Financial also issued estimates for Essential Properties Realty Trust's Q2 2021 earnings at $0.30 EPS, Q3 2021 earnings at $0.32 EPS, FY2021 earnings at $1.24 EPS and Q3 2022 earnings at $0.35 EPS.

Several other research firms have also recently issued reports on EPRT. Credit Suisse Group increased their target price on shares of Essential Properties Realty Trust from $21.00 to $24.00 and gave the stock an "outperform" rating in a research note on Wednesday. Scotiabank increased their target price on shares of Essential Properties Realty Trust from $19.00 to $20.00 in a research note on Friday, October 9th. Raymond James increased their target price on shares of Essential Properties Realty Trust from $23.00 to $24.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 12th. The Goldman Sachs Group initiated coverage on shares of Essential Properties Realty Trust in a research note on Friday, January 22nd. They issued a "buy" rating on the stock. Finally, Bank of America increased their target price on shares of Essential Properties Realty Trust from $16.00 to $17.50 and gave the stock an "underperform" rating in a research note on Monday, November 16th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. The company presently has an average rating of "Hold" and an average price target of $19.45.

Shares of EPRT stock opened at $21.71 on Friday. The stock has a market capitalization of $2.27 billion, a P/E ratio of 38.09 and a beta of 1.32. The company has a current ratio of 14.29, a quick ratio of 14.29 and a debt-to-equity ratio of 0.51. The firm's 50 day moving average is $20.80 and its 200 day moving average is $18.80. Essential Properties Realty Trust has a 12 month low of $6.08 and a 12 month high of $29.34. Essential Properties Realty Trust (NYSE:EPRT) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.13 EPS for the quarter, missing the Zacks' consensus estimate of $0.28 by ($0.15). Essential Properties Realty Trust had a net margin of 31.54% and a return on equity of 3.73%.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 15th. Stockholders of record on Thursday, December 31st were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Wednesday, December 30th. This represents a $0.96 annualized dividend and a dividend yield of 4.42%. This is a boost from Essential Properties Realty Trust's previous quarterly dividend of $0.23. Essential Properties Realty Trust's dividend payout ratio (DPR) is 152.38%.

Several institutional investors have recently bought and sold shares of EPRT. FMR LLC purchased a new stake in shares of Essential Properties Realty Trust during the 1st quarter valued at $15,261,000. Heitman Real Estate Securities LLC grew its holdings in shares of Essential Properties Realty Trust by 33.6% during the 3rd quarter. Heitman Real Estate Securities LLC now owns 1,809,095 shares of the company's stock valued at $33,143,000 after purchasing an additional 454,765 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Essential Properties Realty Trust by 77.0% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 992,200 shares of the company's stock valued at $14,725,000 after purchasing an additional 431,507 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Essential Properties Realty Trust by 2.7% during the 3rd quarter. BlackRock Inc. now owns 15,222,224 shares of the company's stock valued at $278,870,000 after purchasing an additional 395,057 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its holdings in shares of Essential Properties Realty Trust by 106.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 424,600 shares of the company's stock valued at $7,779,000 after purchasing an additional 218,900 shares during the last quarter.

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 services, convenience stores, entertainment, early childhood education, and health and fitness on a long-term basis.

Featured Article: What is a Secondary Public Offering?

Earnings History and Estimates for Essential Properties Realty Trust (NYSE:EPRT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]


7 Undervalued Stocks That Deserve More Attention

With the Dow Jones Industrial Average (DJIA) hitting new highs seemingly every day, it may seem like the wrong time to be looking at undervalued stocks. Or is it?

From cannabis to cryptocurrencies, and let’s not forget electric vehicles the market seems to be blowing bubbles wherever you look. And that’s why now may be exactly the right time to zig while the market is sagging. And that means looking for undervalued stocks.

But finding undervalued stocks is subjective. Some analysts use specific fundamental metrics. Others use technical analysis.

However, the general idea is that you’re looking for stocks that are trading below their fair value.

In some cases, these may be stocks whose financials are stronger than other stocks in their sector, but it’s trading at a lower price. In other cases, a company may have potential that is not reflected in its stock price. Put another way, undervalued stocks are stocks that have room to grow. That’s why they deserve a place in your portfolio.

And that’s why we’ve put together this special presentation on stocks that are undervalued right at this time. An investment in these companies is likely to be rewarded because the stocks are moving under the radar from the broader market.

View the "7 Undervalued Stocks That Deserve More Attention".

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.