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

Essential Properties Realty Trust (NYSE:EPRT) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

Essential Properties Realty Trust Stock Up 0.7 %

NYSE EPRT traded up $0.23 during trading on Thursday, reaching $30.93. The company’s stock had a trading volume of 520,233 shares, compared to its average volume of 1,005,202. Essential Properties Realty Trust has a 1-year low of $23.58 and a 1-year high of $34.88. The stock has a market capitalization of $5.42 billion, a PE ratio of 26.89, a PEG ratio of 2.91 and a beta of 1.40. 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 business has a 50-day moving average price of $31.72 and a 200-day moving average price of $32.11.

Essential Properties Realty Trust (NYSE:EPRT) last released its quarterly 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 46.00% and a return on equity of 6.20%. On average, 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. Stockholders 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. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.82%. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 102.61%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on EPRT. Barclays dropped their price target 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. Wells Fargo & Company dropped their target price on shares of Essential Properties Realty Trust from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Monday, November 4th. UBS Group boosted 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 report on Thursday, November 14th. 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 target price on the stock. Finally, Capital One Financial assumed coverage on shares of Essential Properties Realty Trust in a research report on Wednesday. They set an “overweight” rating and a $35.00 target price on the stock. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $33.92.

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.