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

Essential Properties Realty Trust (NYSE:EPRT) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.990-2.040 for the period, compared to the consensus earnings per share estimate of 1.600. The company issued revenue guidance of -.

Analyst Ratings Changes

EPRT has been the subject of several research analyst reports. Barclays restated an “overweight” rating and set a $37.00 price target on shares of Essential Properties Realty Trust in a research note on Tuesday, January 13th. Evercore lowered their target price on Essential Properties Realty Trust from $36.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Stifel Nicolaus set a $36.00 price target on Essential Properties Realty Trust in a research report on Thursday, October 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of Essential Properties Realty Trust in a report on Wednesday, January 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Essential Properties Realty Trust in a report on Friday. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Essential Properties Realty Trust currently has a consensus rating of “Moderate Buy” and an average price target of $35.45.

Essential Properties Realty Trust Price Performance

Essential Properties Realty Trust stock opened at $32.11 on Friday. The firm has a market capitalization of $6.74 billion, a P/E ratio of 25.08, a PEG ratio of 2.02 and a beta of 0.99. Essential Properties Realty Trust has a one year low of $27.44 and a one year high of $33.35. The company has a debt-to-equity ratio of 0.60, a current ratio of 6.37 and a quick ratio of 5.66. The business has a fifty day moving average price of $30.45 and a 200-day moving average price of $30.48.

Essential Properties Realty Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, December 31st. This is a boost from Essential Properties Realty Trust’s previous quarterly dividend of $0.30. Essential Properties Realty Trust’s payout ratio is presently 100.00%.

Hedge Funds Weigh In On Essential Properties Realty Trust

Several hedge funds have recently bought and sold shares of the company. California State Teachers Retirement System lifted its holdings in shares of Essential Properties Realty Trust by 13.4% in the 2nd quarter. California State Teachers Retirement System now owns 183,850 shares of the company’s stock worth $5,867,000 after acquiring an additional 21,738 shares during the last quarter. FJ Capital Management LLC purchased a new position in Essential Properties Realty Trust in the 2nd quarter worth $240,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Essential Properties Realty Trust by 4.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,980 shares of the company’s stock worth $3,478,000 after purchasing an additional 4,502 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Essential Properties Realty Trust by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 106,613 shares of the company’s stock worth $3,402,000 after purchasing an additional 2,954 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its position in Essential Properties Realty Trust by 104.2% during the second quarter. Qube Research & Technologies Ltd now owns 860,497 shares of the company’s stock valued at $27,458,000 after buying an additional 439,059 shares during the period. 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.