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

5 Wall Street equities 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 equities 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.
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5 equities research analysts have issued 1-year target prices for Essential Properties Realty Trust's stock. Their EPRT share price forecasts range from $22.00 to $30.00. On average, they predict the company's share price to reach $26.39 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
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Essential Properties Realty Trust's stock was trading at $28.83 at the start of the year. Since then, EPRT stock has decreased by 12.0% and is now trading at $25.37.
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Essential Properties Realty Trust saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 3,050,000 shares, a decrease of 10.6% from the July 15th total of 3,410,000 shares. Based on an average daily volume of 958,700 shares, the short-interest ratio is presently 3.2 days.
View Essential Properties Realty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
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 (EPS) for the quarter, beating the consensus estimate 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 period last year, the company earned $0.27 EPS.

Essential Properties Realty Trust declared a quarterly dividend on Monday, June 6th. Shareholders 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 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date of this dividend 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.

Essential Properties Realty Trust (NYSE:EPRT) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.25%. 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 65.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EPRT.

Essential Properties Realty Trust issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $1.52-$1.54 for the period. The company issued revenue guidance of -.

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).

(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 acted 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPRT."

Essential Properties Realty Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (5.85%), Deutsche Bank AG (3.42%), FMR LLC (2.23%), Millennium Management LLC (1.47%), Northern Trust Corp (1.32%) and Brown Advisory Inc. (1.31%). 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.
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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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One share of EPRT stock can currently be purchased for approximately $25.37.

Essential Properties Realty Trust (NYSE:EPRT) has a market capitalization of $3.39 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.

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.