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)1.70M
Market Cap
$6.68B
Enterprise Value$9.24B
Total Cash (Recent Filing)$15.18M
Total Debt (Recent Filing)$2.64B
Price to Earnings (P/E)25.3
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. Volume2,153,627
30 Day Avg. Volume1,702,249
Financial Highlights & Ratios
PEG Ratio2.09
Price to Book (P/B)1.41
Price to Sales (P/S)10.55
P/FCF Ratio15.56
Enterprise Value/Market Cap1.38
Enterprise Value/Revenue15.58
Enterprise Value/Gross Profit22.16
Enterprise Value/Ebitda17.16
Forecast
1Y Price Target
$37.00Price Target Upside10.45% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)1.3
Revenue Forecast (FY)$634.41M
Bulls Say, Bears Say
Bulls Say
High Occupancy And Long Lease DurationsNear-full occupancy and a ~15-year weighted average lease term create durable, contractually backed cash flows with low near-term rollover risk. This long-duration, single-tenant net-lease profile supports predictable rental income, reduces vacancy-driven volatility, and underpins dividend sustainability over the next several quarters.
Strong Operating Profitability And Revenue BaseHigh gross and net margins with recurring base rent indicate efficient, low-variable-cost operations typical of triple-net leases. Consistent revenue growth and strong operating profitability provide structural capacity to fund dividends, cover property-level shocks, and support accretive acquisitions over a multi-quarter horizon.
Solid Liquidity And Conservative Leverage ProfileAmple liquidity and modest pro forma leverage give the company flexibility to pursue acquisition pipelines, absorb tenant credit events, and manage maturities without forcing distressed asset sales. This balance sheet strength supports durable external growth and capital recycling while maintaining dividend coverage through cycles.
Bears Say
Negative Trailing Free Cash FlowA materially negative trailing free cash flow figure, despite strong operating cash generation, signals heavy investment or timing mismatches that reduce cash available after capital expenditures and acquisitions. Over several quarters this can strain retained cash for growth or require external financing, raising execution risk.
Rising Debt And Data Inconsistency In Leverage MetricsInconsistent debt reporting clouds true leverage assessment while annual figures show increasing debt. Rising nominal indebtedness elevates refinancing and interest-rate exposure, potentially pressuring credit metrics if acquisitions continue or cap rates shift, and makes capital planning less certain across the next several quarters.
Single-tenant Credit And Sector Concentration RiskA single-tenant bankruptcy and noted pressure in casual dining highlight the inherent concentration risk of single-tenant NNN assets. Re-leasing, recoveries, or impairments (evidenced elsewhere) can drive episodic income loss and capex needs, creating persistent asset-management burdens and potential volatility in AFFO over multiple quarters.
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 $6.68B.
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 43 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:
$37.00 (10.45% Upside)
$37.00 (10.45% 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 ▼ 0.9%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.21%
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
$37.00
▲(10.45% Upside)
Technical Analysis
Ownership Overview
0.56% Insiders
37.77% Mutual Funds
27.55% Other Institutional Investors
4.53% Public Companies and
Individual Investors