Essential Properties Realty Trust (EPRT)
NYSE:EPRT
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EPRT Stock Chart & Stats
$33.50
$0.25(0.80%)
At close: 4:00 PM EST
$33.50
$0.25(0.80%)
Day’s Range― - ―
52-Week Range$28.95 - $34.73
Previous CloseN/A
Volume210.46K
Average Volume (3M)1.78M
Market Cap
$6.35B
Enterprise Value$9.01B
Total Cash (Recent Filing)$15.18M
Total Debt (Recent Filing)$2.64B
Price to Earnings (P/E)24.0
Beta0.36
Next Earnings
Jul 29, 2026EPS Estimate
0.33Next Dividend Ex-DateN/A
Dividend Yield3.88%
Share Statistics
EPS (TTM)1.27
Shares Outstanding216,245,960
10 Day Avg. Volume2,215,197
30 Day Avg. Volume1,784,811
Financial Highlights & Ratios
PEG Ratio2.05
Price to Book (P/B)1.41
Price to Sales (P/S)10.55
P/FCF Ratio15.56
Enterprise Value/Market Cap1.42
Enterprise Value/Revenue15.19
Enterprise Value/Gross Profit21.60
Enterprise Value/Ebitda16.72
Forecast
1Y Price Target
$36.89Price Target Upside10.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)1.3
Revenue Forecast (FY)$634.41M
Bulls Say, Bears Say
Bulls Say
High Occupancy & Long Lease DurationExtremely high occupancy and a long weighted-average lease term materially reduce rollover risk and support predictable contractual cash flows. Limited near-term expirations lower re‑leasing risk and underpin dividend sustainability and AFFO visibility across multiple years.
Disciplined, Yield-accretive DeploymentConsistent, relationship-driven acquisitions at mid-to-high 7% cap rates provide an enduring spread versus cost of capital when underwritten prudently. Demonstrated capital-raising ability and deal flow enable organic AFFO growth and scalable portfolio expansion over the medium term.
Strong Profitability And Operating Cash FlowVery high margins reflect the triple-net lease model that shifts property expenses to tenants, producing durable operating cash generation. Strong OCF supports dividend coverage, reinvestment and moderate retained cash to fund growth even as acquisitions continue.
Bears Say
Negative Trailing Free Cash FlowSustained negative free cash flow, even if driven by heavy investment, can erode retained liquidity and necessitate external financing. Over several quarters this increases dependence on equity or debt issuance and can compress retained funds available for non-accretive uses or opportunistic purchases.
Reliance On Equity Forwards And Capital MarketsMaterial unsettled forward equity and ongoing equity raises indicate reliance on capital markets to fund growth. This creates dilution risk and exposes AFFO per share to issuance timing. If markets tighten, funding costs or dilution could rise, pressuring per-share metrics and capital allocation flexibility.
Concentration In Cyclical Tenant SubsectorsSingle-tenant net-lease exposure and concentration in casual dining/entertainment introduce structural credit risk; bankruptcies and margin pressure can lead to impairments, longer vacancy and re‑leasing at lower rents. Persistent weakness in these verticals would reduce portfolio cash stability.
Essential Properties Realty News
EPRT FAQ
What was Essential Properties Realty Trust’s price range in the past 12 months?
Essential Properties Realty Trust lowest stock price was $28.95 and its highest was $34.73 in the past 12 months.
What is Essential Properties Realty Trust’s market cap?
Essential Properties Realty Trust’s market cap is $6.35B.
When is Essential Properties Realty Trust’s upcoming earnings report date?
Essential Properties Realty Trust’s upcoming earnings report date is Jul 29, 2026 which is in 38 days.
How were Essential Properties Realty Trust’s earnings last quarter?
Essential Properties Realty Trust released its earnings results on Apr 22, 2026. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.32 by -$0.04.
Is Essential Properties Realty Trust overvalued?
According to Wall Street analysts Essential Properties Realty Trust’s price is currently Undervalued.
Does Essential Properties Realty Trust pay dividends?
Essential Properties Realty Trust pays a Quarterly dividend of $0.32 which represents an annual dividend yield of 3.88%. See more information on Essential Properties Realty Trust dividends here
What is Essential Properties Realty Trust’s EPS estimate?
Essential Properties Realty Trust’s EPS estimate is 0.33.
How many shares outstanding does Essential Properties Realty Trust have?
Essential Properties Realty Trust has 216,245,960 shares outstanding.
What happened to Essential Properties Realty Trust’s price movement after its last earnings report?
Essential Properties Realty Trust reported an EPS of $0.28 in its last earnings report, missing expectations of $0.32. Following the earnings report the stock price went down -1.808%.
Which hedge fund is a major shareholder of Essential Properties Realty Trust?
Currently, no hedge funds are holding shares in EPRT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Essential Properties Realty Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$36.89 (10.12% Upside)
$36.89 (10.12% Upside)
Blogger Sentiment
Bullish
EPRT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 81.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $817.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.36%
12-Months-Change
Fundamentals
Return on Equity
6.32%
Trailing 12-Months
Asset Growth
18.10%
Trailing 12-Months
Company Description
Essential Properties Realty Trust
Essential Properties Realty Trust, Inc. (EPRT) is a real estate enterprise focused on the acquisition, ownership, and management of freestanding, single-tenant commercial properties throughout the United States. The company leases these assets under long-term agreements to a diverse range of mid-sized businesses. Its tenant base spans various sectors, including dining establishments, automotive care facilities (like car washes and repair shops), medical and dental practices, convenience stores, equipment rental providers, entertainment venues, early childhood education centers, grocery outlets, and health and fitness clubs. As of December 31, 2021, EPRT's property portfolio included 1,451 locations. For federal income tax purposes, the company operates as a real estate investment trust (REIT), which generally exempts it from corporate income taxes, provided it distributes at least 90% of its taxable profits to its shareholders. The company was founded in 2016 and maintains its corporate headquarters in Princeton, New Jersey.
EPRT Company Deck
EPRT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: the company reported solid quarter results with double-digit AFFO per share growth (11% YoY), strong capital deployment ($389M), meaningful liquidity ($1.5B), low leverage (3.5x), and raised full-year AFFO and investment guidance. Portfolio fundamentals remained healthy (99.7% occupancy, 1.4% same-store rent growth, 15-year WALT) and management highlighted disciplined underwriting, attractive spreads between investment yields (~mid-to-high 7% cap rates and ~8.8% GAAP yields) and a mid-5% WACC. Headwinds were mostly idiosyncratic or small in scope — a single-tenant bankruptcy (seven properties, ~30 bps ABR) with expected ~80% recovery, a ~$16M impairment tied to a home furnishings location, modest pressure in casual dining/entertainment sub-sectors, some potential dilution from unsettled forward equity, and a slower start to 2Q transaction activity. Overall, the positive operational and financial trends, tightened guidance, and balance sheet strength outweigh the contained credit and timing challenges.View all EPRT earnings summariesEPRT Stock 12 Month Forecast
Average Price Target
$36.89
▲(10.12% Upside)
Technical Analysis
Ownership Overview
0.56% Insiders
37.77% Mutual Funds
27.55% Other Institutional Investors
3.99% Public Companies and
Individual Investors