Essential Properties Realty Trust (EPRT) has received a Buy rating from Barclays analyst Richard Hightower, with a price target of $35.00. The overall analyst consensus is a Strong Buy, with an average price target of $35.68, representing a 16.22% upside from current levels. Additionally, EPRT has declared a quarterly dividend of $0.295 per share, maintaining its dividend consistency.
The stock is currently trading at $31.96, with key Fibonacci levels indicating resistance at $32.89 and support at $31.68. The MACD is slightly bullish, and the RSI is at 54.32, indicating a neutral position.
Based on the Fibonacci resistance level and analyst price targets, the stock is expected to reach $33.20 in the next trading week. The bullish analyst sentiment and stable dividend suggest a Buy recommendation.
The price of EPRT is predicted to go up 5.41%, based on the high correlation periods with DMLP. The similarity of these two price pattern on the periods is 91.04%.
EPRT
DMLP
B. Riley Securities
2025-02-19
Price Target
$30 → $34
Upside
+4.95%
Barclays
2024-12-17
Price Target
$36
Upside
+9.98%
Deutsche Bank
2024-12-11
Price Target
$38
Upside
+15.19%