Essential Properties Realty Trust (EPRT) Expected to Announce Earnings on Wednesday

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.46 per share and revenue of $124.88 million for the quarter. Essential Properties Realty Trust has set its FY 2025 guidance at 1.850-1.890 EPS.Individual interested in participating in the company's earnings conference call can do so using this link.

Essential Properties Realty Trust (NYSE:EPRT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.14. Essential Properties Realty Trust had a return on equity of 6.12% and a net margin of 45.15%. On average, analysts expect Essential Properties Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Essential Properties Realty Trust Stock Up 1.0 %

Essential Properties Realty Trust stock traded up $0.31 during trading on Friday, reaching $32.18. The stock had a trading volume of 1,358,084 shares, compared to its average volume of 1,412,326. The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 0.59. Essential Properties Realty Trust has a 52-week low of $25.09 and a 52-week high of $34.88. The stock has a market cap of $6.04 billion, a PE ratio of 28.23, a P/E/G ratio of 2.90 and a beta of 1.08. The business has a 50 day moving average price of $31.61 and a 200 day moving average price of $32.12.

Essential Properties Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Monday, March 31st were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.18 annualized dividend and a dividend yield of 3.67%. Essential Properties Realty Trust's dividend payout ratio (DPR) is currently 103.51%.

Insider Activity

In other Essential Properties Realty Trust news, Director Stephen D. Sautel sold 30,000 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $31.99, for a total value of $959,700.00. Following the completion of the sale, the director now owns 218,785 shares of the company's stock, valued at approximately $6,998,932.15. This trade represents a 12.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. B. Riley cut Essential Properties Realty Trust from a "buy" rating to a "neutral" rating and raised their price target for the company from $29.50 to $33.50 in a research note on Wednesday, February 19th. Capital One Financial assumed coverage on Essential Properties Realty Trust in a research note on Wednesday, February 12th. They set an "overweight" rating and a $35.00 target price for the company. Scotiabank cut their price objective on shares of Essential Properties Realty Trust from $33.00 to $32.00 and set a "sector perform" rating on the stock in a report on Friday, February 28th. Finally, Barclays cut their price target on shares of Essential Properties Realty Trust from $36.00 to $35.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $34.91.

Essential Properties Realty Trust Company Profile

Essential Properties Realty Trust, Inc, a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis.