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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
New CBOE “special perk” helps traders target income every weekend (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
New CBOE “special perk” helps traders target income every weekend (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
New CBOE “special perk” helps traders target income every weekend (Ad)
2 energy drink makers to wake up your portfolio
Snowflake’s bullish tailwind is turning into a gale-force wind
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?

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

$25.00
+0.45 (+1.83%)
(As of 12/4/2023 ET)
Compare
Today's Range
$24.42
$25.04
50-Day Range
$20.49
$25.00
52-Week Range
$20.49
$26.43
Volume
1.15 million shs
Average Volume
1.04 million shs
Market Capitalization
$3.90 billion
P/E Ratio
21.19
Dividend Yield
4.48%
Price Target
$27.69

Essential Properties Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.8% Upside
$27.69 Price Target
Short Interest
Bearish
5.83% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.20mentions of Essential Properties Realty Trust in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.01%
From $1.57 to $1.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Real Estate Sector

3rd out of 18 stocks

REIT - Diversified Industry

1st out of 5 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

Countries Are Investing Heavily Into Securing Energy Independence
There's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.
Countries Are Investing Heavily Into Securing Energy Independence
There's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.
Essential Properties Announces Third Quarter 2023 Results
Essential Properties Realty (EPRT) Gets a Buy from Truist Financial
Stifel Nicolaus Remains a Buy on Essential Properties Realty (EPRT)
See More Headlines
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Company Calendar

Last Earnings
2/16/2022
Ex-Dividend for 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Today
12/05/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/21/2024

Industry, Sector and Symbol

Industry
REIT - Diversified
Sub-Industry
N/A
Fax
N/A
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.69
High Stock Price Target
$29.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+10.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$134.13 million
Pretax Margin
53.06%

Debt

Sales & Book Value

Annual Sales
$286.51 million
Cash Flow
$1.64 per share
Book Value
$17.54 per share

Miscellaneous

Free Float
154,370,000
Market Cap
$3.90 billion
Optionable
Optionable
Beta
1.25
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EPRT Stock Analysis - Frequently Asked Questions

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

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Essential Properties Realty Trust in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities 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?

8 brokers have issued twelve-month price objectives for Essential Properties Realty Trust's shares. Their EPRT share price targets range from $27.00 to $29.00. On average, they expect the company's stock price to reach $27.69 in the next twelve months. This suggests a possible upside of 10.8% 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 2023?

Essential Properties Realty Trust's stock was trading at $23.47 at the start of the year. Since then, EPRT stock has increased by 6.5% and is now trading at $25.00.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our EPRT earnings forecast
.

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

Essential Properties Realty Trust, Inc. (NYSE:EPRT) released its quarterly earnings results on Wednesday, February, 16th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.02. Essential Properties Realty Trust had a trailing twelve-month return on equity of 6.57% and a net margin of 52.65%. During the same quarter in the prior year, the business 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 declared a quarterly dividend on Thursday, September 7th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.28 per share on Friday, October 13th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date is Thursday, September 28th.
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 $1.12 per share and currently has a dividend yield of 4.56%. 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 94.92%. 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 66.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EPRT.

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?

(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 a variety of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (5.38%), Invesco Ltd. (3.86%), Morgan Stanley (3.75%), Deutsche Bank AG (3.40%), Deutsche Bank AG (3.40%) and FMR LLC (2.54%). Insiders that own company stock include Gregg A Seibert, Mark E Patten, Peter M Mavoides and Timothy J Earnshaw.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:EPRT) was last updated on 12/5/2023 by MarketBeat.com Staff

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