Essential Properties Realty Trust, Inc. (EPRT)
NYSE: EPRT · IEX Real-Time Price · USD
26.33
+0.05 (0.19%)
At close: Apr 24, 2024, 4:00 PM
27.50
+1.17 (4.44%)
After-hours: Apr 24, 2024, 7:57 PM EDT
EPRT Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for EPRT stock have an average target of 28.22, with a low estimate of 26 and a high estimate of 29. The average target predicts an increase of 7.18% from the current stock price of 26.33.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 22, 2024.
Analyst Ratings
The average analyst rating for EPRT stock from 9 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $25 → $29 | Hold → Strong Buy | Upgrades | $25 → $29 | +8.24% | Mar 22, 2024 |
| Stifel | Stifel | Strong Buy Maintains $27 → $28 | Strong Buy | Maintains | $27 → $28 | +4.44% | Mar 19, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $28 → $29 | Strong Buy | Reiterates | $28 → $29 | +10.14% | Mar 13, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $27 → $26 | Strong Buy | Maintains | $27 → $26 | -1.25% | Mar 7, 2024 |
| BMO Capital | BMO Capital | Buy Initiates $29 | Buy | Initiates | $29 | +10.14% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
437.86M
from 359.60M
Increased by 21.76%
Revenue Next Year
506.45M
from 437.86M
Increased by 15.66%
EPS This Year
1.16
from 1.24
Decreased by -6.84%
EPS Next Year
1.21
from 1.16
Increased by 4.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 474.0M | 572.0M | 623.6M | 582.8M | 643.7M |
| Avg | 437.9M | 506.5M | 581.9M | 566.1M | 625.3M |
| Low | 379.0M | 378.2M | 536.1M | 543.9M | 600.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.8% | 30.6% | 23.1% | 0.1% | 13.7% |
| Avg | 21.8% | 15.7% | 14.9% | -2.7% | 10.5% |
| Low | 5.4% | -13.6% | 5.9% | -6.5% | 6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.23 | 1.31 | 1.29 | 1.17 | 1.18 |
| Avg | 1.16 | 1.21 | 1.25 | 1.13 | 1.14 |
| Low | 1.08 | 1.12 | 1.21 | 1.09 | 1.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.9% | 13.6% | 6.6% | -7.1% | 3.9% |
| Avg | -6.8% | 4.9% | 3.6% | -9.8% | 0.9% |
| Low | -13.1% | -3.3% | -0.5% | -13.3% | -3.1% |
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.