Essential Properties Realty Trust (EPRT) Stock Forecast & Price Target

$32.08

-0.03 (-0.09%)

(As of 09/6/2024 ET)

Essential Properties Realty Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 13 Analyst Ratings

Based on 13 Wall Street analysts who have issued ratings for Essential Properties Realty Trust in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 2 have given a hold rating, and 11 have given a buy rating for EPRT.

Consensus Price Target

$31.73
-1.09% Downside

High Forecast	$35.00
Average Forecast	$31.73
Low Forecast	$28.50

According to the 13 analysts' twelve-month price targets for Essential Properties Realty Trust, the average price target is $31.73. The highest price target for EPRT is $35.00, while the lowest price target for EPRT is $28.50. The average price target represents a forecasted downside of -1.09% from the current price of $32.08.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$31.73	$30.54	$28.64	$26.66
Forecasted Upside	-1.09% Downside	11.49% Upside	12.92% Upside	11.48% Upside

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EPRT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EPRT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Essential Properties Realty Trust Stock vs. The Competition

Type	Essential Properties Realty Trust	Finance Companies	S&P 500
Consensus Rating Score	2.85	2.46	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-1.09% Downside	35.39% Upside	11.36% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/28/2024	Evercore ISI 2 of 5 stars	J. Kammert Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	In-Line ➝ In-Line	$32.00 ➝ $33.00	+5.33%
8/26/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$31.00 ➝ $34.00	+7.53%
8/21/2024	Raymond James 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$28.00 ➝ $33.00	+7.42%
8/19/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Kornreich Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$34.00	+13.67%
8/7/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$28.00 ➝ $30.00	+4.38%
8/5/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$29.00 ➝ $33.00	+17.77%
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7/25/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$31.25 ➝ $32.00	+5.26%
7/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$30.00 ➝ $35.00	+13.42%
6/28/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Burrows Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$33.00	+19.65%
5/10/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$26.00 ➝ $29.00	+6.97%
3/22/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$25.00 ➝ $28.50	+9.95%
3/13/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$27.50 ➝ $29.00	+13.64%
2/13/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$29.00	+17.77%
6/14/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$29.00	+17.69%
3/23/2023	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$28.00 ➝ $27.00	+16.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:22 PM ET.

EPRT Forecast - Frequently Asked Questions

What is Essential Properties Realty Trust's forecast for 2024?: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Essential Properties Realty Trust is $31.73, with a high forecast of $35.00 and a low forecast of $28.50.
Should I buy or sell Essential Properties Realty Trust stock right now?: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Essential Properties Realty Trust in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EPRT shares.
Does Essential Properties Realty Trust's stock price have much upside?: According to analysts, Essential Properties Realty Trust's stock has a predicted upside of 10.78% based on their 12-month stock forecasts.
Has Essential Properties Realty Trust been downgraded by Wall Street analysts recently?: Over the previous 90 days, Essential Properties Realty Trust's stock had 1 downgrade by analysts.
What analysts cover Essential Properties Realty Trust?: Essential Properties Realty Trust has been rated by research analysts at Evercore ISI, Raymond James, Scotiabank, Stifel Nicolaus, The Goldman Sachs Group, Truist Financial, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Essential Properties Realty Trust more than its competitors?: Analysts like Essential Properties Realty Trust more than other "finance" companies. The consensus rating for Essential Properties Realty Trust is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how EPRT compares to other companies.