Essential Properties Realty Trust (NYSE:EPRT) Updates 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 guidance of 2.000-2.050 for the period, compared to the consensus earnings per share estimate of 1.580. The company issued revenue guidance of -.

Essential Properties Realty Trust Stock Down 2.4%

NYSE EPRT traded down $0.80 during trading on Wednesday, hitting $32.16. The stock had a trading volume of 2,352,682 shares, compared to its average volume of 2,098,448. The company has a market capitalization of $6.76 billion, a PE ratio of 25.13, a P/E/G ratio of 2.91 and a beta of 0.99. The company’s 50-day moving average price is $32.48 and its two-hundred day moving average price is $31.19. The company has a debt-to-equity ratio of 0.60, a quick ratio of 6.37 and a current ratio of 6.37. Essential Properties Realty Trust has a 12 month low of $28.95 and a 12 month high of $34.73.

Essential Properties Realty Trust Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on EPRT shares. Weiss Ratings restated a “buy (b-)” rating on shares of Essential Properties Realty Trust in a research note on Wednesday, January 28th. Scotiabank boosted their target price on Essential Properties Realty Trust from $34.00 to $35.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Cantor Fitzgerald restated an “overweight” rating on shares of Essential Properties Realty Trust in a research note on Friday, February 13th. Raymond James Financial upgraded Essential Properties Realty Trust from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $35.00 to $37.00 in a research note on Tuesday, March 17th. Finally, Mizuho boosted their target price on Essential Properties Realty Trust from $33.00 to $37.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. 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 stock. According to MarketBeat.com, Essential Properties Realty Trust currently has a consensus rating of “Buy” and an average target price of $36.90.

Insider Buying and Selling

In other news, CFO Robert Webb Salisbury sold 5,851 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $31.88, for a total transaction of $186,529.88. Following the sale, the chief financial officer owned 8,310 shares in the company, valued at $264,922.80. This represents a 41.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP A Joseph Peil sold 19,657 shares of the company’s stock in a transaction that occurred 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 owned 76,525 shares in the company, valued at approximately $2,456,452.50. This represents a 20.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Essential Properties Realty Trust

A number of institutional investors and hedge funds have recently made changes to their positions in EPRT. Balyasny Asset Management L.P. raised its stake in shares of Essential Properties Realty Trust by 195.4% during the 3rd quarter. Balyasny Asset Management L.P. now owns 3,970,789 shares of the company’s stock worth $118,171,000 after purchasing an additional 2,626,478 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its stake in shares of Essential Properties Realty Trust by 12,043.0% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 1,260,566 shares of the company’s stock worth $37,388,000 after purchasing an additional 1,250,185 shares in the last quarter. Barclays PLC raised its stake in shares of Essential Properties Realty Trust by 47.4% during the 4th quarter. Barclays PLC now owns 3,260,415 shares of the company’s stock worth $96,704,000 after purchasing an additional 1,048,278 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Essential Properties Realty Trust by 467.2% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,209,778 shares of the company’s stock worth $36,003,000 after purchasing an additional 996,473 shares in the last quarter. Finally, Boston Partners bought a new stake in shares of Essential Properties Realty Trust during the 4th quarter worth approximately $27,610,000. Institutional investors own 96.98% of the company’s stock.

About Essential Properties Realty Trust

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.