Essential Properties Realty Trust (NYSE:EPRT) Research Coverage Started at Capital One Financial

Capital One Financial initiated coverage on shares of Essential Properties Realty Trust (NYSE:EPRT) in a research report released on Wednesday, Marketbeat Ratings reports. The firm issued an overweight rating and a $35.00 price objective on the stock. Capital One Financial also issued estimates for Essential Properties Realty Trust’s Q4 2024 earnings at $0.45 EPS, FY2024 earnings at $1.69 EPS, Q1 2025 earnings at $0.44 EPS, Q2 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.86 EPS, Q1 2026 earnings at $0.49 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.52 EPS, Q4 2026 earnings at $0.54 EPS and FY2026 earnings at $2.06 EPS.

Several other research firms have also recently issued reports on EPRT. Scotiabank upped their target price on shares of Essential Properties Realty Trust from $32.00 to $33.00 and gave the company a “sector perform” rating in a research note on Monday, November 25th. Mizuho lifted their target price on shares of Essential Properties Realty Trust from $31.00 to $35.00 and gave the stock an “outperform” rating in a research report on Thursday, November 14th. Deutsche Bank Aktiengesellschaft initiated coverage on Essential Properties Realty Trust in a report on Wednesday, December 11th. They set a “buy” rating and a $38.00 price target on the stock. UBS Group lifted their price objective on Essential Properties Realty Trust from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Finally, Wells Fargo & Company lowered their target price on Essential Properties Realty Trust from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday, November 4th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, Essential Properties Realty Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.25.

Essential Properties Realty Trust Trading Up 0.5 %

NYSE:EPRT opened at $31.26 on Wednesday. Essential Properties Realty Trust has a 52 week low of $23.58 and a 52 week high of $34.88. The stock has a market cap of $5.48 billion, a price-to-earnings ratio of 27.18, a PEG ratio of 2.91 and a beta of 1.40. The company’s 50 day moving average price is $31.66 and its 200-day moving average price is $32.11. The company has a quick ratio of 5.59, a current ratio of 5.59 and a debt-to-equity ratio of 0.69.

Essential Properties Realty Trust (NYSE:EPRT) last posted its earnings results on Wednesday, February 12th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.14. Essential Properties Realty Trust had a return on equity of 6.20% and a net margin of 46.00%. On average, equities research analysts forecast that Essential Properties Realty Trust will post 1.68 earnings per share for the current fiscal year.

Essential Properties Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were given a $0.295 dividend. This is a positive change from Essential Properties Realty Trust’s previous quarterly dividend of $0.29. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date was Tuesday, December 31st. Essential Properties Realty Trust’s dividend payout ratio is presently 103.51%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Creative Planning raised its holdings in Essential Properties Realty Trust by 19.8% during the second quarter. Creative Planning now owns 12,892 shares of the company’s stock valued at $357,000 after acquiring an additional 2,127 shares during the period. Blue Trust Inc. raised its stake in Essential Properties Realty Trust by 95.2% during the 3rd quarter. Blue Trust Inc. now owns 818 shares of the company’s stock valued at $28,000 after purchasing an additional 399 shares during the period. International Assets Investment Management LLC lifted its holdings in Essential Properties Realty Trust by 6,512.6% in the 3rd quarter. International Assets Investment Management LLC now owns 14,151 shares of the company’s stock worth $483,000 after purchasing an additional 13,937 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in Essential Properties Realty Trust in the 3rd quarter worth approximately $406,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Essential Properties Realty Trust by 57.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,887 shares of the company’s stock worth $474,000 after purchasing an additional 5,066 shares during the period. Hedge funds and other institutional investors own 96.98% of the company’s stock.

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, grocery, and health and fitness on a long-term basis.