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

Essential Properties Realty Trust (NYSE:EPRT) updated its FY 2026 earnings guidance on Wednesday morning. 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 -.

Essential Properties Realty Trust Price Performance

Shares of NYSE EPRT traded down $0.56 during midday trading on Wednesday, reaching $32.70. The company’s stock had a trading volume of 2,751,230 shares, compared to its average volume of 2,055,554. The company has a debt-to-equity ratio of 0.59, a quick ratio of 5.12 and a current ratio of 5.12. The company has a market cap of $7.07 billion, a P/E ratio of 25.75, a P/E/G ratio of 2.63 and a beta of 0.88. The business’s 50 day moving average price is $30.82 and its two-hundred day moving average price is $31.38. Essential Properties Realty Trust has a fifty-two week low of $28.95 and a fifty-two week high of $34.73.

Essential Properties Realty Trust (NYSE:EPRT) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $161.89 million for the quarter, compared to the consensus estimate of $156.65 million. Essential Properties Realty Trust had a return on equity of 6.30% and a net margin of 43.46%.Essential Properties Realty Trust has set its FY 2026 guidance at 2.010-2.050 EPS. On average, analysts forecast that Essential Properties Realty Trust will post 1.97 EPS for the current fiscal year.

Essential Properties Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Tuesday, June 30th. This is a boost from Essential Properties Realty Trust’s previous quarterly dividend of $0.31. Essential Properties Realty Trust’s dividend payout ratio is presently 100.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on EPRT shares. Scotiabank upgraded Essential Properties Realty Trust from a “sector perform” rating to a “sector outperform” rating and cut their target price for the stock from $34.00 to $33.00 in a research note on Thursday, June 18th. Wall Street Zen upgraded shares of Essential Properties Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Weiss Ratings upgraded shares of Essential Properties Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, July 13th. Barclays cut their price objective on Essential Properties Realty Trust from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Mizuho lowered their target price on Essential Properties Realty Trust from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $36.14.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Parkside Financial Bank & Trust raised its holdings in shares of Essential Properties Realty Trust by 1,009.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,730 shares of the company’s stock valued at $51,000 after purchasing an additional 1,574 shares during the period. Danske Bank A S acquired a new position in Essential Properties Realty Trust during the 3rd quarter valued at about $57,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Essential Properties Realty Trust in the fourth quarter worth approximately $99,000. Harvest Fund Management Co. Ltd raised its stake in shares of Essential Properties Realty Trust by 27.8% in the third quarter. Harvest Fund Management Co. Ltd now owns 3,861 shares of the company’s stock worth $115,000 after purchasing an additional 840 shares during the last quarter. Finally, Headlands Technologies LLC boosted its position in shares of Essential Properties Realty Trust by 196.1% during the second quarter. Headlands Technologies LLC now owns 7,260 shares of the company’s stock valued at $232,000 after buying an additional 4,808 shares during the last quarter. 96.98% of the stock is owned by institutional investors.

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.