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

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.

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

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.

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.

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.

ETFs with the largest weight of Essential Properties Realty Trust (NYSE:EPRT) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Invesco S&P SmallCap Financials ETF (PSCF), Invesco Dorsey Wright Financial Momentum ETF (PFI), Opus Small Cap Value Plus ETF (OSCV), Virtus Real Asset Income ETF (VRAI), Burney U.S. Factor Rotation ETF (BRNY), SPDR S&P 600 Small CapValue ETF (SLYV) and iShares S&P Small-Cap 600 Value ETF (IJS).

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).

(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.

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.
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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.
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