Essential Properties Realty Trust (NYSE:EPRT) Updates FY 2026 Earnings Guidance

Essential Properties Realty Trust (NYSE:EPRT) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.010-2.050 for the period, compared to the consensus estimate of 1.970. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Weiss Ratings upgraded Essential Properties Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, July 13th. Scotiabank raised Essential Properties Realty Trust from a “sector perform” rating to a “sector outperform” rating and cut their price target for the company from $34.00 to $33.00 in a report on Thursday, June 18th. Mizuho reduced their price objective on Essential Properties Realty Trust from $37.00 to $34.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Barclays lowered their price objective on Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Wells Fargo & Company upped their target price on Essential Properties Realty Trust from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $36.14.

Essential Properties Realty Trust Stock Performance

Shares of EPRT stock opened at $32.70 on Thursday. The company has a quick ratio of 5.12, a current ratio of 5.12 and a debt-to-equity ratio of 0.59. Essential Properties Realty Trust has a 52 week low of $28.95 and a 52 week high of $34.73. The stock has a market capitalization of $7.07 billion, a PE ratio of 25.75, a P/E/G ratio of 2.62 and a beta of 0.88. The firm has a 50 day moving average of $30.86 and a two-hundred day moving average of $31.40.

Essential Properties Realty Trust (NYSE:EPRT) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.05). The company had revenue of $158.80 million for the quarter, compared to analysts’ expectations of $151.87 million. Essential Properties Realty Trust had a return on equity of 6.30% and a net margin of 43.46%.The firm’s revenue was up 22.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 EPS. On average, research analysts predict that Essential Properties Realty Trust will post 1.97 EPS for the current fiscal year.

Essential Properties Realty Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.28 dividend on an annualized basis and a yield of 3.9%. This is an increase from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. Essential Properties Realty Trust’s dividend payout ratio is 100.79%.

More Essential Properties Realty Trust News

Here are the key news stories impacting Essential Properties Realty Trust this week:

• Positive Sentiment: Essential Properties reported Q2 core FFO of $0.50 per share, matching or beating consensus expectations and improving from $0.46 a year ago. Essential Properties (EPRT) Matches Q2 FFO Estimates
• Positive Sentiment: The company’s Q2 EPS came in at $0.50, well above the $0.33 analyst estimate, while revenue of $161.9 million also topped expectations and rose 18.1% year over year. Press Release
• Positive Sentiment: Essential Properties raised FY2026 EPS guidance to $2.01-$2.05, above the $1.97 consensus estimate, signaling management confidence in the outlook.
• Neutral Sentiment: Barclays trimmed its price target to $37 from $40, but kept an overweight rating, which suggests limited concern about the company’s fundamentals. Tickerreport.com
• Negative Sentiment: One recap highlighted that revenue missed some estimates in the quarter, which could temper enthusiasm despite the earnings beat. Essential Properties Q2 core FFO tops consensus, but revenue misses

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Entropy Technologies LP purchased a new stake in Essential Properties Realty Trust during the fourth quarter worth approximately $236,000. Lido Advisors LLC raised its holdings in Essential Properties Realty Trust by 3.7% during the fourth quarter. Lido Advisors LLC now owns 9,714 shares of the company’s stock worth $292,000 after purchasing an additional 346 shares in the last quarter. CIBC Asset Management Inc acquired a new stake in Essential Properties Realty Trust during the 4th quarter worth $289,000. Evergreen Capital Management LLC lifted its position in Essential Properties Realty Trust by 13.6% in the second quarter. Evergreen Capital Management LLC now owns 8,529 shares of the company’s stock valued at $275,000 after acquiring an additional 1,018 shares during the last quarter. Finally, Headlands Technologies LLC boosted its stake in Essential Properties Realty Trust by 196.1% in the second quarter. Headlands Technologies LLC now owns 7,260 shares of the company’s stock valued at $232,000 after acquiring an additional 4,808 shares in the last quarter. Hedge funds and other institutional investors own 96.98% of the company’s stock.

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.