Essential Properties Realty Trust (NYSE:EPRT – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.850-1.890 for the period, compared to the consensus EPS estimate of 2.030. The company issued revenue guidance of -.
Analyst Ratings Changes
EPRT has been the topic of a number of recent research reports. Scotiabank lifted their target price on Essential Properties Realty Trust from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Monday, November 25th. 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. Mizuho increased their price objective on shares of Essential Properties Realty Trust from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. Barclays decreased their target price on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company dropped their price target on shares of Essential Properties Realty Trust from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Monday, November 4th. Two analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $33.92.
Get Our Latest Stock Report on Essential Properties Realty Trust
Essential Properties Realty Trust Trading Down 1.4 %
Essential Properties Realty Trust (NYSE:EPRT – Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.31 by $0.14. Essential Properties Realty Trust had a net margin of 46.00% and a return on equity of 6.20%. Analysts predict that Essential Properties Realty Trust will post 1.68 EPS for the current year.
Essential Properties Realty Trust Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date was Tuesday, December 31st. This is a positive change from Essential Properties Realty Trust’s previous quarterly dividend of $0.29. Essential Properties Realty Trust’s payout ratio is currently 102.61%.
Essential Properties Realty Trust Company Profile
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.
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