Essential Properties Realty Trust, Inc. (EPRT)
| Market Cap | 5.94B -2.0% |
| Revenue (ttm) | 639.22M +20.4% |
| Net Income | 260.95M +9.2% |
| EPS | 1.23 -0.9% |
| Shares Out | 222.07M |
| PE Ratio | 21.72 |
| Forward PE | 19.47 |
| Dividend | $1.28 (4.79%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 2,767,630 |
| Open | 27.02 |
| Previous Close | 26.73 |
| Day's Range | 26.60 - 27.09 |
| 52-Week Range | 24.62 - 34.73 |
| Beta | 0.84 |
| Analysts | Strong Buy |
| Price Target | 33.66 (+25.83%) |
| Earnings Date | Oct 21, 2026 |
About EPRT
Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of September 30, 2025, the Company’s portfolio consisted of 2,266 freestanding net lease properties with a weighted average lease term of 14.4 years and a weighted average rent coverage ratio of 3.6x. In addition, as of September 30, 2025, the Company’s portfolio was 99.8% leased to tenants opera... [Read more]
Financial Performance
In 2025, EPRT's revenue was $561.22 million, an increase of 24.82% compared to the previous year's $449.61 million. Earnings were $252.12 million, an increase of 24.48%.
Financial StatementsAnalyst Summary
According to 19 analysts, the average rating for EPRT stock is "Strong Buy." The 12-month stock price target is $33.66, which is an increase of 25.83% from the latest price.
News
Essential Properties Realty Trust, Inc. Announces Pricing of $450 Million Exchangeable Senior Notes Offering
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its operating partnership, Essential Properties, L.P. (the “Operating Partner...
Essential Properties Realty Trust announces exchangeable senior notes offering
Essential Properties Realty Trust (EPRT) announced that its operating partnership, Essential Properties, L.P., intends to offer, subject to market and other conditions, $450.0 million aggregate princi...
Essential Properties Realty Trust, Inc. Announces Proposed Exchangeable Senior Notes Offering
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its operating partnership, Essential Properties, L.P. (the “Operating Partner...
Essential Properties Realty Trust price target lowered to $30 from $36 at Citi
Citi analyst Nick Joseph lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $30 from $36 and keeps a Buy rating on the shares. The firm updated…
Essential Properties Realty Trust Earnings Call Transcript: Q3 2026
Q3 AFFO/share rose 6% YoY to $0.51, and 2026 guidance increased. For 2027, deployment is planned to be back-end loaded, with funding covered and disciplined pricing central to growth.
Essential Properties Realty Trust Slides: Q3 2026
Essential Properties Realty Trust has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 22, 2026.
Essential Properties Realty Trust Quarterly report: Q3 2026
Essential Properties Realty Trust has published its Q3 2026 quarterly earnings report on October 22, 2026.
Essential Properties Realty Trust Earnings release: Q3 2026
Essential Properties Realty Trust released its Q3 2026 earnings on October 22, 2026, summarizing the period's financial results.
Essential Properties Realty Trust price target lowered to $32.50 from $36 at Stifel
Stifel lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $32.50 from $36 and keeps a Buy rating on the shares.
Essential Properties Realty Trust reports Q3 AFFO 51c, consensus 52c
Reports Q3 revenue $168.671M, consensus $168.69M. Commenting on the third quarter 2026 results, the Company’s Chief Executive Officer, Pete Mavoides, said, “We delivered a strong third quarter, suppor...
Essential Properties Realty Trust sees FY27 AFFO $2.10-$2.18, consensus $2.16
The Company currently expects 2027 AFFO per share on a fully diluted basis to be within a range of $2.10 to $2.18. The guidance range includes an estimate for investment…
Essential Properties Realty Trust narrows FY26 AFFO view to $2.02-$2.05
From $2.01-$2.05, consensus $2.04. The Company is also increasing its guidance range for 2026 investment volume from $1.2B to $1.5B to an updated range of $1.3B to $1.5B, and is…
Essential Properties Announces Third Quarter 2026 Results
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) today announced operating results for the three and nine months ended Se...
Essential Properties Realty Trust downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Essential Properties Realty Trust (EPRT) to Hold from Buy with a price target of $28, down from $38. The firm enters Q3 earnings season with a “constructive…
Essential Properties Realty Trust downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Omotayo Okusanya downgraded Essential Properties Realty Trust (EPRT) to Hold from Buy with a $28 price target
Essential Properties Realty Trust price target lowered to $34 from $37 at Barclays
Barclays lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $34 from $37 and keeps an Overweight rating on the shares. The firm reduced targets in the…
Essential Properties Realty price target lowered to $29 from $30 at Mizuho
Mizuho analyst Haendel St. Juste lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $29 from $30 and keeps an Outperform rating on the shares as part…
Essential Properties Realty Trust price target lowered to $30 from $36 at Wells Fargo
Wells Fargo lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $30 from $36 and keeps an Overweight rating on the shares. Discussing earnings for the group,…
Essential Properties Realty Trust assumed with a Buy at Truist
Truist assumed coverage of Essential Properties Realty Trust (EPRT) with a Buy rating and price target of $31, down from $35. The firm assumed coverage of the net lease real…
Essential Properties Realty Trust, Inc. to Report Third Quarter 2026 Results on October 21, 2026
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) announced today that the Company will release its operating results for ...
Essential Properties Realty Trust price target lowered to $30 from $33 at Scotiabank
Scotiabank analyst Greg McGinnis lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $30 from $33 and keeps an Outperform rating on the shares. Higher interest rates…
Essential Properties Realty Trust price target lowered to $37 from $38 at Evercore ISI
Evercore ISI analyst James Kammert lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $37 from $38 and keeps an Outperform rating on the shares. Adjustments to…
Essential Properties Realty Trust price target lowered to $30 from $34 at Mizuho
Mizuho lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $30 from $34 and keeps an Outperform rating on the shares. The firm says the triple nets…
Essential Properties Realty Trust price target lowered to $36 from $36.25 at Stifel
Stifel analyst Simon Yarmak lowered the firm’s price target on Essential Properties Realty Trust (EPRT) to $36 from $36.25 and keeps a Buy rating on the shares after company’s update…
Essential Properties highlights $1.7B liquidity, 99.6% leased portfolio
In a newly released investor presentation, Essential Properties Realty Trust (EPRT) reported a 99.6% leased portfolio as of June 30, 2026, along with stable same-store rent growth and minimal lease…