BMO Capital analyst Eric Borden has maintained their bullish stance on EPRT stock, giving a Buy rating today.
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Eric Borden has given his Buy rating due to a combination of factors that highlight Essential Properties Realty’s strong performance and strategic growth initiatives. The company reported a solid second quarter in 2025, with impressive acquisition execution totaling $334 million, which contributed to a sector-leading growth rate of 7.0%. Despite a slight shortfall in AFFOps compared to market expectations, the company raised its full-year AFFOps guidance and increased its acquisition target by 10% to $1.1 billion, indicating confidence in its growth trajectory.
Additionally, Essential Properties Realty’s quarterly acquisitions saw a notable increase of 8.6% quarter-over-quarter, with attractive cap rates and annual lease escalators that enhance revenue potential. While there are some concerns, such as a decline in the leasing recovery rate and rent coverage, the overall positive outlook and strategic acquisitions support the Buy rating. The company’s ability to meet or exceed its fiscal year targets further reinforces its potential for continued success.
According to TipRanks, Borden is ranked #4824 out of 9843 analysts.
In another report released today, Truist Financial also maintained a Buy rating on the stock with a $36.00 price target.