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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
"Prepare for Five Years of Famine" (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Closing prices for crude oil, gold and other commodities
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
"Prepare for Five Years of Famine" (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Closing prices for crude oil, gold and other commodities
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
"Prepare for Five Years of Famine" (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Closing prices for crude oil, gold and other commodities
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Wall Street slips as weak earnings hit tech, travel stocks
Insiders Say New “Parallel Economy” Is Wave Of Future (Ad)pixel
NYSE:EPRT

Essential Properties Realty Trust - EPRT Stock Forecast, Price & News

$24.47
+0.25 (+1.03%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$24.01
$24.47
50-Day Range
$20.08
$24.47
52-Week Range
$19.73
$32.92
Volume
767,923 shs
Average Volume
905,363 shs
Market Capitalization
$3.27 billion
P/E Ratio
25.76
Dividend Yield
4.46%
Price Target
$26.69

Essential Properties Realty Trust MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
7.8% Upside
$26.39 Price Target
Short Interest
Healthy
2.55% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.20mentions of Essential Properties Realty Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$434,360 Bought Last Quarter
Proj. Earnings Growth
8.50%
From $1.53 to $1.66 Per Share

Overall MarketRank

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

2.34 out of 5 stars

Finance Sector

258th out of 885 stocks

Real Estate Investment Trusts Industry

53rd out of 197 stocks

EPRT stock logo

About Essential Properties Realty Trust (NYSE:EPRT) Stock

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.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EPRT. Evercore ISI set a $26.00 price objective on Essential Properties Realty Trust in a report on Monday, June 20th. Citigroup raised their price target on Essential Properties Realty Trust to $24.00 in a research report on Tuesday. Truist Financial reduced their price target on Essential Properties Realty Trust from $32.00 to $28.00 and set a "na" rating on the stock in a research report on Monday, May 16th. Raymond James reduced their price target on Essential Properties Realty Trust from $28.00 to $25.00 and set an "outperform" rating on the stock in a research report on Friday, July 8th. Finally, Credit Suisse Group restated a "neutral" rating and set a $22.00 price target on shares of Essential Properties Realty Trust in a research report on Thursday, June 23rd. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $26.39.

Essential Properties Realty Trust Stock Up 0.0 %

Essential Properties Realty Trust stock traded up $0.01 during mid-day trading on Tuesday, reaching $24.23. 15,668 shares of the company were exchanged, compared to its average volume of 1,057,015. The business has a fifty day moving average of $22.36 and a 200 day moving average of $23.86. The company has a debt-to-equity ratio of 0.55, a quick ratio of 3.25 and a current ratio of 3.25. The firm has a market cap of $3.24 billion, a P/E ratio of 25.38 and a beta of 1.31. Essential Properties Realty Trust has a 12-month low of $19.73 and a 12-month high of $32.92.

Essential Properties Realty Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 14th. Stockholders of record on Thursday, June 30th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 4.46%. The ex-dividend date was Wednesday, June 29th. This is a positive change from Essential Properties Realty Trust's previous quarterly dividend of $0.26. Essential Properties Realty Trust's dividend payout ratio is currently 113.68%.

Insider Activity

In related news, CEO Peter M. Mavoides purchased 20,000 shares of the business's stock in a transaction on Monday, June 13th. The shares were bought at an average cost of $20.68 per share, with a total value of $413,600.00. Following the transaction, the chief executive officer now owns 459,170 shares of the company's stock, valued at $9,495,635.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.27% of the company's stock.

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EPRT Stock News Headlines

Expert Ratings for Essential Props Realty
3 Best REITs To Buy To Fight Inflation
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EPRT Company Calendar

Last Earnings
2/16/2022
Ex-Dividend for 7/14 Dividend
6/29/2022
Dividend Payable
7/14/2022
Today
8/09/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.39
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$95.72 million
Pretax Margin
45.36%

Debt

Sales & Book Value

Annual Sales
$230.23 million
Cash Flow
$1.44 per share
Book Value
$16.81 per share

Miscellaneous

Free Float
131,925,000
Market Cap
$3.27 billion
Optionable
Optionable
Beta
1.31














EPRT Stock - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Essential Properties Realty Trust in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" EPRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EPRT, but not buy additional shares or sell existing shares.
View EPRT analyst ratings
or view top-rated stocks.

What is Essential Properties Realty Trust's stock price forecast for 2022?

5 equities research analysts have issued 12-month price targets for Essential Properties Realty Trust's shares. Their EPRT share price forecasts range from $22.00 to $30.00. On average, they anticipate the company's share price to reach $26.39 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price.
View analysts price targets for EPRT
or view top-rated stocks among Wall Street analysts.

How has Essential Properties Realty Trust's stock price performed in 2022?

Essential Properties Realty Trust's stock was trading at $28.83 at the beginning of 2022. Since then, EPRT shares have decreased by 15.1% and is now trading at $24.47.
View the best growth stocks for 2022 here
.

Are investors shorting Essential Properties Realty Trust?

Essential Properties Realty Trust saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,820,000 shares, an increase of 23.6% from the June 15th total of 3,090,000 shares. Based on an average daily volume of 827,400 shares, the days-to-cover ratio is presently 4.6 days.
View Essential Properties Realty Trust's Short Interest
.

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

Essential Properties Realty Trust is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our EPRT earnings forecast
.

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

Essential Properties Realty Trust, Inc. (NYSE:EPRT) issued its quarterly earnings results on Wednesday, February, 16th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.02. Essential Properties Realty Trust had a net margin of 44.89% and a trailing twelve-month return on equity of 5.47%. During the same quarter in the previous year, the firm posted $0.27 earnings per share.

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 Monday, June 6th. Investors of record on Thursday, June 30th will be given a dividend of $0.27 per share on Thursday, July 14th. This represents a $1.08 annualized dividend and a yield of 4.41%. The ex-dividend date is Wednesday, June 29th. This is a positive change from the stock's previous quarterly dividend of $0.26.
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 $1.08 per share and currently has a dividend yield of 4.46%. 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 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 113.68%. 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 65.06% 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 issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $1.52-$1.54 for the period. 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 International (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 (IPO) 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 acted as the underwriters for the IPO and RBC Capital Markets, SunTrust Robinson Humphrey, Evercore ISI and Ladenburg Thalmann were co-managers.

What is Essential Properties Realty Trust's stock symbol?

Essential Properties Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPRT."

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 investors include Brown Advisory Inc. (1.31%), Russell Investments Group Ltd. (1.18%), Victory Capital Management Inc. (0.66%), B&I Capital AG (0.28%), Hill Winds Capital LP (0.26%) and Swiss National Bank (0.22%). Insiders that own company stock include Gregg A Seibert, Mark E Patten, Peter M Mavoides, Scott A Estes, Stephen D Sautel 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.

What is Essential Properties Realty Trust's stock price today?

One share of EPRT stock can currently be purchased for approximately $24.47.

How much money does Essential Properties Realty Trust make?

Essential Properties Realty Trust (NYSE:EPRT) has a market capitalization of $3.27 billion and generates $230.23 million in revenue each year. The company earns $95.72 million in net income (profit) each year or $0.95 on an earnings per share basis.

How many employees does Essential Properties Realty Trust have?

Essential Properties Realty Trust employs 37 workers across the globe.

How can I contact Essential Properties Realty Trust?

Essential Properties Realty Trust's mailing address is 902 CARNEGIE CENTER BLVD. SUITE 520, PRINCETON NJ, 08540. The official website for the company is www.essentialproperties.com. The company can be reached via phone at (609) 436-0619 or via email at info@essentialproperties.com.

This page (NYSE:EPRT) was last updated on 8/10/2022 by MarketBeat.com Staff

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