Essential Properties Realty Trust (EPRT) to Release Quarterly Earnings on Wednesday

Essential Properties Realty Trust (NYSE:EPRT) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.46 per share and revenue of $124.88 million for the quarter. Essential Properties Realty Trust has set its FY 2025 guidance at 1.850-1.890 EPS.

Essential Properties Realty Trust (NYSE:EPRT) last posted its earnings results on Wednesday, February 12th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.14. Essential Properties Realty Trust had a net margin of 45.15% and a return on equity of 6.12%. On average, analysts expect Essential Properties Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Essential Properties Realty Trust Price Performance

Essential Properties Realty Trust stock opened at $31.84 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 5.36 and a current ratio of 5.36. The company has a market capitalization of $5.98 billion, a price-to-earnings ratio of 27.93, a price-to-earnings-growth ratio of 2.90 and a beta of 1.08. The company’s 50 day simple moving average is $31.63 and its 200-day simple moving average is $32.10. Essential Properties Realty Trust has a 1 year low of $25.30 and a 1 year high of $34.88.

Essential Properties Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Monday, March 31st were paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend was Monday, March 31st. Essential Properties Realty Trust’s dividend payout ratio (DPR) is 103.51%.

Insider Buying and Selling

In related news, Director Stephen D. Sautel sold 12,500 shares of Essential Properties Realty Trust stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $32.54, for a total transaction of $406,750.00. Following the sale, the director now directly owns 178,785 shares in the company, valued at $5,817,663.90. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.81% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. B. Riley lowered Essential Properties Realty Trust from a “buy” rating to a “neutral” rating and increased their target price for the stock from $29.50 to $33.50 in a research note on Wednesday, February 19th. Barclays dropped their price objective on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. Scotiabank reduced their target price on shares of Essential Properties Realty Trust from $33.00 to $32.00 and set a “sector perform” rating on the stock in a report on Friday, February 28th. Finally, Capital One Financial initiated coverage on shares of Essential Properties Realty Trust in a research note on Wednesday, February 12th. They issued an “overweight” rating and a $35.00 price target for the company. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Essential Properties Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $34.91.

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.