Essential Properties Realty Trust Stock Forecast, Price & News

$24.73
-0.61 (-2.41 %)
(As of 05/11/2021 12:00 AM ET)
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Today's Range
$24.21
$24.94
50-Day Range
$22.55
$26.44
52-Week Range
$10.46
$26.75
Volume994,594 shs
Average Volume964,867 shs
Market Capitalization$2.91 billion
P/E Ratio43.39
Dividend Yield3.79%
Beta1.32
30 days | 90 days | 365 days | Advanced Chart
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Essential Properties Realty Trust logo

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 and dental services, convenience stores, equipment rental, entertainment, early childhood education, and health and fitness on a long-term basis. As of December 31, 2020, it had a portfolio of 1,181 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone609-436-0619
Employees33
Year FoundedN/A

Sales & Book Value

Annual Sales$139.36 million
Cash Flow$1.16 per share
Book Value$13.07 per share

Profitability

Net Income$41.84 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$2.91 billion
Next Earnings Date8/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.35 out of 5 stars

Finance Sector

781st out of 1,948 stocks

Real Estate Investment Trusts Industry

177th out of 274 stocks

Analyst Opinion: 1.4Community Rank: 2.4Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Essential Properties Realty Trust (NYSE:EPRT) Frequently Asked Questions

Is Essential Properties Realty Trust a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Essential Properties Realty Trust in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Essential Properties Realty Trust stock.
View analyst ratings for Essential Properties Realty Trust
or view top-rated stocks.

What stocks does MarketBeat like better than Essential Properties Realty Trust?

Wall Street analysts have given Essential Properties Realty Trust a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Essential Properties Realty Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Essential Properties Realty Trust?

Essential Properties Realty Trust saw a decrease in short interest in April. As of April 15th, there was short interest totaling 4,390,000 shares, a decrease of 18.6% from the March 31st total of 5,390,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is presently 4.1 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 Wednesday, August 4th 2021.
View our earnings forecast for Essential Properties Realty Trust
.

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

Essential Properties Realty Trust, Inc. (NYSE:EPRT) announced its quarterly earnings results on Sunday, May, 2nd. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.15. Essential Properties Realty Trust had a trailing twelve-month return on equity of 3.73% and a net margin of 31.54%.
View Essential Properties Realty Trust's earnings history
.

How has Essential Properties Realty Trust's stock price been impacted by COVID-19?

Essential Properties Realty Trust's stock was trading at $21.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EPRT shares have increased by 14.4% and is now trading at $24.73.
View which stocks have been most impacted by COVID-19
.

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 Tuesday, March 9th. Stockholders of record on Wednesday, March 31st will be given a dividend of $0.24 per share on Thursday, April 15th. This represents a $0.96 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend is Tuesday, March 30th.
View Essential Properties Realty Trust's dividend history
.

Is Essential Properties Realty Trust a good dividend stock?

Essential Properties Realty Trust pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.79%. Essential Properties Realty Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of Essential Properties Realty Trust is 152.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Essential Properties Realty Trust will have a dividend payout ratio of 77.42% in the coming year. This indicates that Essential Properties Realty Trust may not be able to sustain their current dividend.
View Essential Properties Realty Trust's dividend history.

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

Essential Properties Realty Trust updated its FY 2021 earnings guidance on Monday, May, 10th. The company provided earnings per share (EPS) guidance of 1.220-1.260 for the period. The company issued revenue guidance of -.

What price target have analysts set for EPRT?

7 Wall Street analysts have issued 1-year target prices for Essential Properties Realty Trust's shares. Their forecasts range from $15.00 to $28.00. On average, they anticipate Essential Properties Realty Trust's stock price to reach $22.72 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
View analysts' price targets for Essential Properties Realty Trust
or view top-rated stocks among Wall Street analysts.

Who are Essential Properties Realty Trust's key executives?

Essential Properties Realty Trust's management team includes the following people:
  • Mr. Peter M. Mavoides, Pres, CEO & Director (Age 54, Pay $1.01M)
  • Mr. Mark E. Patten, Exec. VP, CFO & Treasurer (Age 57, Pay $604.17k)
  • Mr. Gregg A. Seibert, Exec. VP & COO (Age 57, Pay $800k)
  • Mr. Timothy J. Earnshaw, Sr. VP & Chief Accounting Officer (Age 35)
  • Mr. Daniel Paul Donlan, Sr. VP & Head of Capital Markets
  • Mr. A. J. Peil, Sr. VP & Head of Asset Management
  • Ms. Chama Punlert, Sr. VP & Head of Credit

Who are some of Essential Properties Realty Trust's key competitors?

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 The 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 BlackRock Inc. (14.86%), PGGM Investments (8.04%), Russell Investments Group Ltd. (1.63%), Alliancebernstein L.P. (1.08%), Victory Capital Management Inc. (0.89%) and Principal Financial Group Inc. (0.84%). Company insiders that own Essential Properties Realty Trust stock include Eldridge Industries, Llc, Gregg A Seibert, Paul T Bossidy, Peter M Mavoides, Scott A Estes, Stephen D Sautel and Timothy J Earnshaw.
View institutional ownership trends for Essential Properties Realty Trust
.

Which major investors are selling Essential Properties Realty Trust stock?

EPRT stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Russell Investments Group Ltd., Comerica Bank, Victory Capital Management Inc., Quantitative Systematic Strategies LLC, Sumitomo Mitsui Trust Holdings Inc., DekaBank Deutsche Girozentrale, and Hill Winds Capital LP. Company insiders that have sold Essential Properties Realty Trust company stock in the last year include Gregg A Seibert, Peter M Mavoides, and Timothy J Earnshaw.
View insider buying and selling activity for Essential Properties Realty Trust
or view top insider-selling stocks.

Which major investors are buying Essential Properties Realty Trust stock?

EPRT stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, BlackRock Inc., H&H Retirement Design & Management INC, Securian Asset Management Inc, Virginia Retirement Systems ET AL, State of New Jersey Common Pension Fund D, Exchange Traded Concepts LLC, and BNP Paribas Arbitrage SA. Company insiders that have bought Essential Properties Realty Trust stock in the last two years include Gregg A Seibert, Paul T Bossidy, Scott A Estes, Stephen D Sautel, and Timothy J Earnshaw.
View insider buying and selling activity for Essential Properties Realty Trust
or or view top insider-buying stocks.

How do I buy shares of Essential Properties Realty Trust?

Shares of EPRT 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 $24.73.

How much money does Essential Properties Realty Trust make?

Essential Properties Realty Trust has a market capitalization of $2.91 billion and generates $139.36 million in revenue each year. The company earns $41.84 million in net income (profit) each year or $0.63 on an earnings per share basis.

How many employees does Essential Properties Realty Trust have?

Essential Properties Realty Trust employs 33 workers across the globe.

What is Essential Properties Realty Trust's official website?

The official website for Essential Properties Realty Trust is www.essentialproperties.com.

Where are Essential Properties Realty Trust's headquarters?

Essential Properties Realty Trust is headquartered at 902 CARNEGIE CENTER BLVD. SUITE 520, PRINCETON NJ, 08540.

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 company can be reached via phone at 609-436-0619 or via email at [email protected]


This page was last updated on 5/11/2021 by MarketBeat.com Staff
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