Essential Properties Realty Trust (NYSE:EPRT – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.990-2.040 for the period, compared to the consensus estimate of 1.600. The company issued revenue guidance of -.
Analyst Ratings Changes
Several analysts have recently issued reports on the stock. Stifel Nicolaus set a $36.00 target price on Essential Properties Realty Trust in a report on Thursday, October 23rd. Barclays reiterated an “overweight” rating and issued a $37.00 price target on shares of Essential Properties Realty Trust in a research note on Tuesday, January 13th. Scotiabank increased their price objective on shares of Essential Properties Realty Trust from $33.00 to $34.00 and gave the company a “sector perform” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Essential Properties Realty Trust in a research report on Monday, January 5th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Essential Properties Realty Trust in a report on Wednesday, January 28th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Essential Properties Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.45.
View Our Latest Stock Report on EPRT
Essential Properties Realty Trust Price Performance
Essential Properties Realty Trust Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st were issued a $0.31 dividend. This is a positive change from Essential Properties Realty Trust’s previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, December 31st. This represents a $1.24 annualized dividend and a yield of 3.9%. Essential Properties Realty Trust’s dividend payout ratio (DPR) is presently 100.00%.
Hedge Funds Weigh In On Essential Properties Realty Trust
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Danske Bank A S bought a new stake in shares of Essential Properties Realty Trust in the 3rd quarter valued at approximately $57,000. Harvest Fund Management Co. Ltd raised its holdings in shares of Essential Properties Realty Trust by 27.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 3,861 shares of the company’s stock worth $115,000 after purchasing an additional 840 shares during the period. Headlands Technologies LLC lifted its position in shares of Essential Properties Realty Trust by 196.1% in the 2nd quarter. Headlands Technologies LLC now owns 7,260 shares of the company’s stock worth $232,000 after buying an additional 4,808 shares during the last quarter. FORA Capital LLC bought a new position in shares of Essential Properties Realty Trust in the 3rd quarter worth about $220,000. Finally, M&G PLC boosted its holdings in shares of Essential Properties Realty Trust by 10.4% in the 4th quarter. M&G PLC now owns 7,483 shares of the company’s stock valued at $224,000 after buying an additional 707 shares during the period. 96.98% of the stock is owned by institutional investors and hedge funds.
Essential Properties Realty Trust Company Profile
Essential Properties Realty Trust, Inc (NYSE: EPRT) is a self-administered real estate investment trust that acquires, owns and manages single-tenant commercial properties subject to long-term, triple-net leases. The company’s portfolio primarily consists of small-box retail and industrial assets, including convenience stores, automotive service centers, quick-service restaurants, fitness centers and other necessity-based businesses. Under a triple-net lease structure, tenants assume responsibility for property taxes, insurance and most maintenance expenses, providing Essential Properties with predictable, stable cash flows.
Since its founding in April 2016 and its initial public offering later that year, Essential Properties has pursued a growth strategy focused on partnering with creditworthy tenants operating in densely populated trade areas.
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