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Essential Properties Realty Trust Inc (EPRT)
NYSE:EPRT
RESEARCH TOOLSreports
Essential Properties Realty (EPRT) Stock Price & Analysis
386 Followers
EPRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.83 - $31.08
Previous Close$30.77
Volume953.79K
Average Volume (3M)1.41M
Market Cap
$5.41B
Enterprise Value$7.05B
Total Cash (Recent Filing)$39.80M
Total Debt (Recent Filing)$1.67B
Price to Earnings (P/E)25.0
Beta0.95
Next Earnings
Jul 24, 2024EPS Estimate
$0.29Last Dividend Ex-Date
Jun 28, 2024Dividend Yield3.7%
Share Statistics
EPS (TTM)1.23
Shares Outstanding175,306,386
10 Day Avg. Volume1,729,730
30 Day Avg. Volume1,411,470
Standard Deviation0.10
R-Squared0.49
Alpha-0.00440
Financial Highlights & Ratios
Price to Book (P/B)1.58
Price to Sales (P/S)13.09
Price to Cash Flow (P/CF)16.20
P/FCF Ratio13.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue19.60
Enterprise Value/Gross Profit19.86
Enterprise Value/Ebitda27.32
Forecast
1Y Price Target
$29.68Price Target Upside-3.54% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Essential Properties Realty News
PremiumCompany Announcements
Essential Properties Realty Unveils 2023 Corporate Responsibility Report
PremiumCompany Announcements
Essential Properties Realty Trust Unveils Investor Presentation
Bulls Say, Bears Say
Bulls Say
Acquisition StrategyEPRT acquired 79 properties for $249M at an 8.1% acquisition cash cap rate, which is a 20bp wider cap rate compared to the previous quarter.
Business ModelThe company's focus on sourcing sale leaseback transactions with middle market operators via relationships and repeat business has allowed it to maintain attractive investment spreads.
Stock PerformanceEPRT shares delivered a total return of nearly 22% YTD compared with about 3% for the broader equity REIT index.
Bears Say
Rent Coverage RatioThe rent coverage ratio decreased 0.6x to 2.7x, which is significantly below the portfolio average of 3.9x.
Tenant Rent CoverageRent coverage from tenants with less than 1x coverage increased to 3.9% from 3.1%.
Total ReturnThe projected total return slips below 10%, warranting a move to an In Line rating from Outperform.
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Ownership Overview
0.95% Insiders
34.81% Mutual Funds
31.96% Other Institutional Investors
32.27% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EPRT FAQ
What was Essential Properties Realty Trust Inc’s price range in the past 12 months?
Essential Properties Realty Trust Inc lowest stock price was $19.83 and its highest was $31.08 in the past 12 months.
What is Essential Properties Realty Trust Inc’s market cap?
Currently, no data Available
When is Essential Properties Realty Trust Inc’s upcoming earnings report date?
Essential Properties Realty Trust Inc’s upcoming earnings report date is Jul 24, 2024 which is in 2 days.
How were Essential Properties Realty Trust Inc’s earnings last quarter?
Essential Properties Realty Trust Inc released its earnings results on Apr 24, 2024. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.277 by $0.003.
Is Essential Properties Realty Trust Inc overvalued?
According to Wall Street analysts Essential Properties Realty Trust Inc’s price is currently Overvalued.
Does Essential Properties Realty Trust Inc pay dividends?
Essential Properties Realty Trust Inc pays a Quarterly dividend of $0.29 which represents an annual dividend yield of 3.7%. See more information on Essential Properties Realty Trust Inc dividends here
What is Essential Properties Realty Trust Inc’s EPS estimate?
Essential Properties Realty Trust Inc’s EPS estimate is $0.29.
How many shares outstanding does Essential Properties Realty Trust Inc have?
Essential Properties Realty Trust Inc has 175,330,300 shares outstanding.
What happened to Essential Properties Realty Trust Inc’s price movement after its last earnings report?
Essential Properties Realty Trust Inc reported an EPS of $0.28 in its last earnings report, beating expectations of $0.277. Following the earnings report the stock price went down -2.265%.
Which hedge fund is a major shareholder of Essential Properties Realty Trust Inc?
Among the largest hedge funds holding Essential Properties Realty Trust Inc’s share is AEW Capital Management, L.P.. It holds Essential Properties Realty Trust Inc’s shares valued at 32M.
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Essential Properties Realty Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$29.68 (-3.54% Downside)
$29.68 (-3.54% Downside)
Blogger Sentiment
Bullish
EPRT Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 436.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $951.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.04%
12-Months-Change
Fundamentals
Return on Equity
6.65%
Trailing 12-Months
Asset Growth
21.20%
Trailing 12-Months
Company Description
Essential Properties Realty Trust Inc
Essential Properties Realty Trust, Inc. engages in the acquisition, ownership, and management of single-tenant properties that are net leased on a long-term basis to middle-market companies, which operates service-oriented or experience-based businesses. Its portfolio includes the following: Captain D's, Art Van Furniture, Mister Car Wash, Zips Car Wash, AMC Theaters, Perkins, 84 Lumber, Mirabito, Ruby Tuesday and White Oak Station. The company was founded on January 12, 2018 and is headquartered in Princeton, NJ.
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EPRT Company Deck
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EPRT Earnings Call
Q1 2024
0:00 / 0:00
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EPRT Stock 12 Month Forecast
Average Price Target
$29.68
▼(-3.54% Downside)
Technical Analysis
Best Analysts Covering EPRT
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+28.89%
reiterated a buy rating 3 months ago
Copying John Massocca's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +28.89% per trade.
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