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

Essential Properties Realty Trust (NYSE:EPRT) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.000-2.050 for the period, compared to the consensus EPS estimate of 1.580. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Evercore reaffirmed an “outperform” rating on shares of Essential Properties Realty Trust in a report on Tuesday, February 17th. Truist Financial increased their price objective on Essential Properties Realty Trust from $34.00 to $37.00 and gave the company a “buy” rating in a report on Monday, March 9th. Barclays increased their price objective on Essential Properties Realty Trust from $37.00 to $40.00 and gave the company an “overweight” rating in a report on Tuesday. UBS Group increased their target price on shares of Essential Properties Realty Trust from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Essential Properties Realty Trust in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $36.90.

Essential Properties Realty Trust Price Performance

Shares of NYSE:EPRT traded up $0.13 during midday trading on Thursday, hitting $32.21. 510,693 shares of the stock were exchanged, compared to its average volume of 2,073,869. The stock has a market cap of $6.77 billion, a P/E ratio of 25.16, a PEG ratio of 2.88 and a beta of 0.99. The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.60. Essential Properties Realty Trust has a twelve month low of $28.95 and a twelve month high of $34.73. The company has a 50 day moving average price of $32.50 and a 200-day moving average price of $31.20.

Essential Properties Realty Trust (NYSE:EPRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.17. Essential Properties Realty Trust had a return on equity of 6.44% and a net margin of 45.08%.The firm had revenue of $158.80 million during the quarter, compared to the consensus estimate of $151.87 million. During the same period in the previous year, the firm posted $0.45 EPS. The company’s quarterly revenue was up 22.8% compared to the same quarter last year. Essential Properties Realty Trust has set its FY 2026 guidance at 2.000-2.050 EPS. On average, research analysts forecast that Essential Properties Realty Trust will post 1.97 earnings per share for the current year.

Essential Properties Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, March 31st. Essential Properties Realty Trust’s dividend payout ratio is presently 96.88%.

Insider Buying and Selling

In related news, CFO Robert Webb Salisbury sold 5,851 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $31.88, for a total value of $186,529.88. Following the completion of the transaction, the chief financial officer owned 8,310 shares of the company’s stock, valued at approximately $264,922.80. This represents a 41.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP A Joseph Peil sold 19,657 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $32.10, for a total value of $630,989.70. Following the sale, the vice president owned 76,525 shares of the company’s stock, valued at approximately $2,456,452.50. This trade represents a 20.44% decrease in their position. The SEC filing for this sale provides additional information. 0.77% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Essential Properties Realty Trust

A number of hedge funds have recently added to or reduced their stakes in the business. Lido Advisors LLC boosted its holdings in Essential Properties Realty Trust by 3.7% in the fourth quarter. Lido Advisors LLC now owns 9,714 shares of the company’s stock worth $292,000 after purchasing an additional 346 shares during the period. Lazard Asset Management LLC boosted its stake in Essential Properties Realty Trust by 1.4% in the second quarter. Lazard Asset Management LLC now owns 43,461 shares of the company’s stock valued at $1,386,000 after acquiring an additional 598 shares during the period. EP Wealth Advisors LLC boosted its stake in Essential Properties Realty Trust by 7.4% in the second quarter. EP Wealth Advisors LLC now owns 9,144 shares of the company’s stock valued at $292,000 after acquiring an additional 632 shares during the period. Kestra Private Wealth Services LLC boosted its stake in Essential Properties Realty Trust by 6.6% in the third quarter. Kestra Private Wealth Services LLC now owns 10,999 shares of the company’s stock valued at $327,000 after acquiring an additional 683 shares during the period. Finally, Maryland State Retirement & Pension System boosted its holdings in shares of Essential Properties Realty Trust by 2.5% during the fourth quarter. Maryland State Retirement & Pension System now owns 29,186 shares of the company’s stock valued at $866,000 after acquiring an additional 701 shares during the period. Institutional investors and hedge funds 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.