Essential Properties Realty Trust (EPRT) Stock Price, News & Analysis

$26.91
+0.09 (+0.34%)
(As of 03:34 PM ET)
Today's Range
$26.54
$27.40
50-Day Range
$23.78
$26.82
52-Week Range
$20.49
$27.40
Volume
477,099 shs
Average Volume
1.34 million shs
Market Capitalization
$4.72 billion
P/E Ratio
21.88
Dividend Yield
4.24%
Price Target
$28.22

Essential Properties Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
5.3% Upside
$28.22 Price Target
Short Interest
Healthy
4.33% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.27mentions of Essential Properties Realty Trust in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$674,749 Sold Last Quarter
Proj. Earnings Growth
7.74%
From $1.68 to $1.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.01 out of 5 stars

Finance Sector

312th out of 866 stocks

Real Estate Investment Trusts Industry

57th out of 180 stocks

EPRT stock logo

About Essential Properties Realty Trust Stock (NYSE:EPRT)

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. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.

EPRT Stock Price History

EPRT Stock News Headlines

EPR Properties: Q1 Earnings Snapshot
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Essential Properties: Q1 Earnings Snapshot
EPRT Jul 2024 25.000 put
See More Headlines
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Company Calendar

Last Earnings
2/16/2022
Ex-Dividend for 4/12 Dividend
3/27/2024
Dividend Payable
4/12/2024
Today
5/03/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.22
High Stock Price Target
$29.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+5.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
$190.71 million
Pretax Margin
51.69%

Debt

Sales & Book Value

Annual Sales
$359.60 million
Cash Flow
$1.82 per share
Book Value
$18.52 per share

Miscellaneous

Free Float
173,886,000
Market Cap
$4.70 billion
Optionable
Optionable
Beta
1.26
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EPRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Essential Properties Realty Trust stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Essential Properties Realty Trust in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EPRT shares.
View EPRT analyst ratings
or view top-rated stocks.

What is Essential Properties Realty Trust's stock price target for 2024?

9 brokers have issued 12-month price targets for Essential Properties Realty Trust's stock. Their EPRT share price targets range from $26.00 to $29.00. On average, they expect the company's share price to reach $28.22 in the next year. This suggests a possible upside of 5.3% from the stock's current price.
View analysts price targets for EPRT
or view top-rated stocks among Wall Street analysts.

How have EPRT shares performed in 2024?

Essential Properties Realty Trust's stock was trading at $25.56 at the beginning of 2024. Since then, EPRT stock has increased by 4.9% and is now trading at $26.81.
View the best growth stocks for 2024 here
.

Are investors shorting Essential Properties Realty Trust?

Essential Properties Realty Trust saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 7,890,000 shares, a decrease of 28.3% from the March 15th total of 11,010,000 shares. Based on an average trading volume of 1,410,000 shares, the short-interest ratio is presently 5.6 days.
View Essential Properties Realty Trust's Short Interest
.

When is Essential Properties Realty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our EPRT earnings forecast
.

How were Essential Properties Realty Trust's earnings last quarter?

Essential Properties Realty Trust, Inc. (NYSE:EPRT) issued its earnings results on Wednesday, February, 16th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. Essential Properties Realty Trust had a net margin of 51.34% and a trailing twelve-month return on equity of 6.56%. During the same period in the prior year, the firm posted $0.27 EPS.

How often does Essential Properties Realty Trust pay dividends? What is the dividend yield for Essential Properties Realty Trust?

Essential Properties Realty Trust announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.285 per share on Friday, April 12th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for EPRT
.

Is Essential Properties Realty Trust a good dividend stock?

Essential Properties Realty Trust (NYSE:EPRT) pays an annual dividend of $1.14 per share and currently has a dividend yield of 4.33%. EPRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 92.68%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EPRT will have a dividend payout ratio of 62.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EPRT.

What guidance has Essential Properties Realty Trust issued on next quarter's earnings?

Essential Properties Realty Trust updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of 1.720-1.750 for the period, compared to the consensus estimate of 1.870. The company issued revenue guidance of -.

What other stocks do shareholders of Essential Properties Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Essential Properties Realty Trust investors own include Crown Castle (CCI), Alibaba Group (BABA), General Electric (GE), NVIDIA (NVDA), AT&T (T), Digital Realty Trust (DLR), Cisco Systems (CSCO), QUALCOMM (QCOM), Bristol-Myers Squibb (BMY) and Walt Disney (DIS).

When did Essential Properties Realty Trust IPO?

Essential Properties Realty Trust (EPRT) raised $499 million in an initial public offering on Thursday, June 21st 2018. The company issued 32,200,000 shares at $14.00-$17.00 per share. Goldman Sachs, Citigroup, Barclays, BofA Merrill Lynch and Credit Suisse served as the underwriters for the IPO and RBC Capital Markets, SunTrust Robinson Humphrey, Evercore ISI and Ladenburg Thalmann were co-managers.

Who are Essential Properties Realty Trust's major shareholders?

Essential Properties Realty Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (1.54%), Hazelview Securities Inc. (0.51%), Raymond James & Associates (0.25%), Nordea Investment Management AB (0.16%), Daiwa Securities Group Inc. (0.14%) and New York State Teachers Retirement System (0.14%). Insiders that own company stock include Mark E Patten and Peter M Mavoides.
View institutional ownership trends
.

How do I buy shares of Essential Properties Realty Trust?

Shares of EPRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:EPRT) was last updated on 5/3/2024 by MarketBeat.com Staff

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