Essential Properties Realty Trust, Inc. (EPRT)
NYSE: EPRT · IEX Real-Time Price · USD
27.69
+0.24 (0.87%)
Jul 2, 2024, 4:00 PM EDT - Market closed
EPRT Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for EPRT stock have an average target of 29, with a low estimate of 27 and a high estimate of 33. The average target predicts an increase of 4.73% from the current stock price of 27.69.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for EPRT stock from 11 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 6 | 7 |
| Buy | 3 | 4 | 4 | 4 | 4 | 3 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $33 | Strong Buy | Initiates | $33 | +19.18% | Jun 28, 2024 |
| UBS | UBS | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | +8.34% | May 31, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $26 → $28 | Hold | Maintains | $26 → $28 | +1.12% | May 29, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $26 → $29 | Strong Buy | Maintains | $26 → $29 | +4.73% | May 10, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $25 → $29 | Hold → Strong Buy | Upgrades | $25 → $29 | +2.93% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
443.00M
from 359.60M
Increased by 23.19%
Revenue Next Year
515.93M
from 443.00M
Increased by 16.46%
EPS This Year
1.19
from 1.24
Decreased by -4.25%
EPS Next Year
1.26
from 1.19
Increased by 6.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 476.0M | 583.3M | 629.5M | 713.1M | 805.6M |
| Avg | 443.0M | 515.9M | 544.8M | 673.8M | 782.5M |
| Low | 395.2M | 398.1M | 398.3M | 629.2M | 751.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.4% | 31.7% | 22.0% | 30.9% | 19.6% |
| Avg | 23.2% | 16.5% | 5.6% | 23.7% | 16.1% |
| Low | 9.9% | -10.1% | -22.8% | 15.5% | 11.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.25 | 1.35 | 1.46 | 1.34 | 1.40 |
| Avg | 1.19 | 1.26 | 1.36 | 1.31 | 1.36 |
| Low | 1.08 | 1.16 | 1.25 | 1.25 | 1.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.8% | 14.1% | 15.8% | -1.3% | 7.0% |
| Avg | -4.3% | 6.2% | 8.0% | -4.1% | 3.9% |
| Low | -13.1% | -2.6% | -0.5% | -7.9% | -0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.