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

Essential Properties Realty Trust (NYSE:EPRT) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.010-2.050 for the period, compared to the consensus estimate of 1.970. The company issued revenue guidance of -.

Analyst Ratings Changes

EPRT has been the topic of several research reports. Stifel Nicolaus boosted their target price on Essential Properties Realty Trust from $36.00 to $36.25 and gave the company a “buy” rating in a research note on Thursday. Barclays lowered their price target on shares of Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating on the stock in a research report on Wednesday. Scotiabank upgraded shares of Essential Properties Realty Trust from a “sector perform” rating to a “sector outperform” rating and dropped their price target for the company from $34.00 to $33.00 in a research note on Thursday, June 18th. Wells Fargo & Company raised their price objective on shares of Essential Properties Realty Trust from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, Weiss Ratings raised shares of Essential Properties Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $36.11.

Essential Properties Realty Trust Trading Down 1.6%

Essential Properties Realty Trust stock opened at $32.13 on Friday. The stock has a market cap of $6.95 billion, a P/E ratio of 24.91, a PEG ratio of 2.58 and a beta of 0.88. Essential Properties Realty Trust has a fifty-two week low of $28.95 and a fifty-two week high of $34.73. The firm’s fifty day moving average price is $30.90 and its 200-day moving average price is $31.42. The company has a debt-to-equity ratio of 0.59, a quick ratio of 5.12 and a current ratio of 5.12.

Essential Properties Realty Trust (NYSE:EPRT) last posted its earnings results on Wednesday, July 22nd. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.33 by $0.01. The business had revenue of $161.89 million during the quarter, compared to analysts’ expectations of $156.65 million. Essential Properties Realty Trust had a return on equity of 6.45% and a net margin of 43.51%.The firm’s revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. Essential Properties Realty Trust has set its FY 2026 guidance at 2.010-2.050 EPS. Equities research analysts forecast that Essential Properties Realty Trust will post 1.97 earnings per share for the current fiscal year.

Essential Properties Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 4.0%. This is a positive change from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. The ex-dividend date was Tuesday, June 30th. Essential Properties Realty Trust’s dividend payout ratio (DPR) is currently 100.79%.

Essential Properties Realty Trust News Summary

Here are the key news stories impacting Essential Properties Realty Trust this week:

• Positive Sentiment: Q2 earnings came in ahead of estimates, with EPS of $0.34 versus $0.33 expected, and revenue of $161.89 million topping the consensus estimate. The company also raised FY 2026 EPS guidance to $2.01-$2.05, above the analyst forecast of $1.97. Article Title
• Positive Sentiment: Stifel Nicolaus raised its price target on EPRT from $36.00 to $36.25 and reiterated a “buy” rating, signaling continued upside potential. Article Title
• Positive Sentiment: Barclays also maintained an “overweight” rating, though it trimmed its price target to $37.00 from $40.00, still implying room for gains. Article Title
• Positive Sentiment: Zacks reported that quarterly funds from operations matched expectations at $0.50 per share, indicating stable operating performance for the REIT. Article Title
• Neutral Sentiment: Analyst consensus remains broadly favorable, with coverage indicating a “buy” rating average across Wall Street. Article Title
• Negative Sentiment: Some earnings commentary noted that core FFO beat estimates, but revenue missed in one report, which may have tempered investor enthusiasm despite the overall solid quarter. Article Title

Hedge Funds Weigh In On Essential Properties Realty Trust

Several institutional investors have recently modified their holdings of the company. Lido Advisors LLC grew its stake in shares of Essential Properties Realty Trust by 3.7% during the 4th quarter. Lido Advisors LLC now owns 9,714 shares of the company’s stock valued at $292,000 after purchasing an additional 346 shares during the period. Lazard Asset Management LLC lifted its stake in shares of Essential Properties Realty Trust by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 43,461 shares of the company’s stock worth $1,386,000 after purchasing an additional 598 shares during the period. EP Wealth Advisors LLC boosted its holdings in shares of 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 worth $292,000 after buying an additional 632 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in Essential Properties Realty Trust by 6.6% during the third quarter. Kestra Private Wealth Services LLC now owns 10,999 shares of the company’s stock valued at $327,000 after buying an additional 683 shares during the period. Finally, Maryland State Retirement & Pension System grew its position in 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 buying an additional 701 shares during the period. 96.98% of the stock is currently owned by institutional investors.

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.