EPRT

Essential Properties Realty Trust Inc

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Advanced Chart

31.970

-0.020(-0.060%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

32.160

Open

31.970

VWAP

31.97

Vol

1.44M

Mkt Cap

6.31B

Low

31.710

Amount

46.02M

EV/EBITDA(TTM)

27.17

Total Shares

175.33M

8.40B

EV/OCF(TTM)

26.34

P/S(TTM)

12.29

Essential Properties Realty Trust, Inc. is an internally managed real estate investment trust (REIT). The Company 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. The Company has a diversified portfolio that focuses on properties leased to tenants in businesses, including car washes, restaurants (primarily quick service restaurants and casual dining), early childhood education, medical and dental services, convenience stores, automotive services, equipment rental and sales, grocery, entertainment, industrial, and health and fitness. The Company’s portfolio consists of about 1,873 freestanding net lease properties with a weighted average lease term of 14 years and a weighted average rent coverage ratio of 3.8x. In addition, the Company’s portfolio is leased to about 374 tenants operating 588 different concepts in 16 industries across 48 states.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

142.96M

+19.42%

136.97M

+16.93%

131.09M

+19.97%

Estimates Revision

The market is revising Downward the revenue expectations for Essential Properties Realty Trust, Inc. (EPRT) for FY2025, with the revenue forecasts being adjusted by -1.69% over the past three months. During the same period, the stock price has changed by -0.16%.

Revenue Estimates for FY2025

Revise Downward

-1.69%

In Past 3 Month

Stock Price

Go Down

-0.16%

In Past 3 Month

13 Analyst Rating

9.54% Upside

Wall Street analysts forecast EPRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EPRT is 35.02 USD with a low forecast of 32.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

10 Buy

3 Hold

0 Sell

Strong Buy

9.54% Upside

Current: 31.970

Low

32.00

Averages

35.02

High

37.00

9.54% Upside

Current: 31.970

Low

32.00

Averages

35.02

High

37.00

Scotiabank

Greg McGinniss

Hold

Maintains

$33 → $32

2025-02-28

Reason

Scotiabank

Greg McGinniss

Price Target

$33 → $32

2025-02-28

Maintains

Hold

Reason

B. Riley Securities

John Massocca

Strong Buy

Hold

Downgrades

$30 → $34

2025-02-19

Reason

B. Riley Securities

John Massocca

Price Target

$30 → $34

2025-02-19

Downgrades

Strong Buy

Hold

Reason

B. Riley analyst John Massocca downgraded Essential Properties Realty Trust to Neutral from Buy with a price target of $33.50, up from $29.50. The company's portfolio has reached an average age that makes some headline tenant credit risk more likely, the analyst tells investors in a research note. The firm points out Essential already trades at the highest valuation in the group.

Barclays

Richard Hightower

Buy

Maintains

$36 → $35

2025-02-04

Reason

Barclays

Richard Hightower

Price Target

$36 → $35

2025-02-04

Maintains

Buy

Reason

Barclays

Richard Hightower

Buy

Initiates

$36

2024-12-17

Reason

Barclays

Richard Hightower

Price Target

$36

2024-12-17

Initiates

Buy

Reason

Barclays initiated coverage of Essential Properties Realty Trust with an Overweight rating and $35.94 price target.

Deutsche Bank

Omotayo Okusanya

Strong Buy

Initiates

$38

2024-12-11

Reason

Deutsche Bank

Omotayo Okusanya

Price Target

$38

2024-12-11

Initiates

Strong Buy

Reason

Deutsche Bank analyst Omotayo Okusanya initiated coverage of Essential Properties Realty Trust with a Buy rating and $38 price target. The firm started coverage of the triple net real estate investment trust sector with four names. It has a neutral view of the sector as a whole, saying interest rates will likely remain a headwind for the group. That said, the acquisition outlook is constructive as levered players have had to pull back on transaction activity - creating opportunity for the REITs, the analyst tells investors in a research note.

Scotiabank

Greg McGinniss

Hold

Maintains

$32 → $33

2024-11-25

Reason

Scotiabank

Greg McGinniss

Price Target

$32 → $33

2024-11-25

Maintains

Hold

Reason

Scotiabank analyst Greg McGinniss raised the firm's price target on Essential Properties Realty Trust to $33 from $32 and keeps a Sector Perform rating on the shares. Following a strong Q3 stock performance, the U.S. REIT market has retreated as fears of inflation pushed the 10-year Treasury bond yield higher, the analyst tells investors. The firm believes REITS look historically expensive compared to the real yield in the economy, and Scotiabank remains selective.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Essential Properties Realty Trust Inc (EPRT.N) is 25.09, compared to its 5-year average forward P/E of 26.95. For a more detailed relative valuation and DCF analysis to assess Essential Properties Realty Trust Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

26.95

Current PE

25.09

Overvalued PE

32.39

Undervalued PE

21.51

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

16.26

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

18.32

Undervalued EV/EBITDA

14.20

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

10.61

Current PS

0.00

Overvalued PS

12.21

Undervalued PS

9.01