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 morning. The company provided earnings per share (EPS) guidance of 2.000-2.050 for the period, compared to the consensus estimate of 1.580. The company issued revenue guidance of -.

Essential Properties Realty Trust Trading Down 2.4%

Shares of EPRT traded down $0.80 during mid-day trading on Wednesday, hitting $32.16. 2,352,682 shares of the company’s stock traded hands, compared to its average volume of 2,098,455. The company has a quick ratio of 6.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.60. Essential Properties Realty Trust has a 1 year low of $28.95 and a 1 year high of $34.73. The firm has a market capitalization of $6.76 billion, a P/E ratio of 25.13, a PEG ratio of 2.91 and a beta of 0.99. The business’s 50-day moving average price is $32.48 and its 200-day moving average price is $31.19.

Essential Properties Realty Trust Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on EPRT shares. Scotiabank upped their price target on Essential Properties Realty Trust from $34.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Raymond James Financial raised Essential Properties Realty Trust from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $35.00 to $37.00 in a research note on Tuesday, March 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Essential Properties Realty Trust in a research note on Wednesday, January 28th. UBS Group upped their price target on 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 reaffirmed an “overweight” rating on shares of Essential Properties Realty Trust in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Essential Properties Realty Trust has a consensus rating of “Buy” and a consensus target price of $36.90.

Insider Buying and Selling at Essential Properties Realty Trust

In other Essential Properties Realty Trust news, VP A Joseph Peil sold 19,657 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $32.10, for a total value of $630,989.70. Following the sale, the vice president directly owned 76,525 shares of the company’s stock, valued at approximately $2,456,452.50. The trade was a 20.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Robert Webb Salisbury sold 5,851 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $31.88, for a total value of $186,529.88. Following the transaction, the chief financial officer directly owned 8,310 shares in the company, valued at approximately $264,922.80. The trade was a 41.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.77% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EPRT. Royal Bank of Canada lifted its holdings in shares of Essential Properties Realty Trust by 159.4% during the first quarter. Royal Bank of Canada now owns 74,147 shares of the company’s stock valued at $2,420,000 after purchasing an additional 45,561 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Essential Properties Realty Trust by 21.8% during the first quarter. AQR Capital Management LLC now owns 22,244 shares of the company’s stock valued at $726,000 after purchasing an additional 3,981 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Essential Properties Realty Trust by 16.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,387,218 shares of the company’s stock valued at $45,279,000 after purchasing an additional 195,057 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Essential Properties Realty Trust during the first quarter valued at $2,350,000. Finally, First Trust Advisors LP lifted its holdings in shares of Essential Properties Realty Trust by 28.4% during the second quarter. First Trust Advisors LP now owns 145,784 shares of the company’s stock valued at $4,652,000 after purchasing an additional 32,254 shares in the last quarter. 96.98% of the stock is 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.