Essential Properties Realty Trust (NYSE:EPRT) Updates FY 2025 Earnings Guidance

Essential Properties Realty Trust (NYSE:EPRT) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.850-1.890 for the period, compared to the consensus earnings per share estimate of 2.030. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of research firms have commented on EPRT. UBS Group raised their target price on shares of Essential Properties Realty Trust from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Barclays reduced their price objective 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. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Essential Properties Realty Trust in a research report on Wednesday, December 11th. They set a “buy” rating and a $38.00 price objective on the stock. Wells Fargo & Company cut their target price on shares of Essential Properties Realty Trust from $37.00 to $34.00 and set an “overweight” rating for the company in a report on Monday, November 4th. Finally, Mizuho raised their target price on shares of Essential Properties Realty Trust from $31.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $34.25.

Essential Properties Realty Trust Stock Performance

Essential Properties Realty Trust stock traded up $0.08 during mid-day trading on Friday, hitting $31.20. The company had a trading volume of 270,631 shares, compared to its average volume of 1,013,428. The company has a current ratio of 5.59, a quick ratio of 5.59 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 27.13, a P/E/G ratio of 2.91 and a beta of 1.40. The company’s fifty day moving average is $31.69 and its 200-day moving average is $32.10. Essential Properties Realty Trust has a 12-month low of $23.58 and a 12-month high of $34.88.

Essential Properties Realty Trust (NYSE:EPRT) last posted its earnings results on Wednesday, February 12th. The company reported $0.45 earnings per share for the quarter, beating 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%. Equities research 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 announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were paid a dividend of $0.295 per share. This is an increase from Essential Properties Realty Trust’s previous quarterly dividend of $0.29. This represents a $1.18 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend was Tuesday, December 31st. Essential Properties Realty Trust’s dividend payout ratio is presently 102.61%.

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.