EPRT Stock - Essential Properties Realty Trust, Inc.
Unlock GoAI Insights for EPRT
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $449.61M | $359.60M | $286.51M | $230.23M | $164.01M |
| Gross Profit | $444.61M | $354.93M | $283.05M | $224.47M | $160.13M |
| Gross Margin | 98.9% | 98.7% | 98.8% | 97.5% | 97.6% |
| Operating Income | $278.19M | $242.75M | $175.42M | $134.42M | $72.83M |
| Net Income | $203.00M | $190.71M | $134.13M | $95.72M | $42.27M |
| Net Margin | 45.2% | 53.0% | 46.8% | 41.6% | 25.8% |
| EPS | $1.16 | $1.25 | $0.99 | $0.82 | $0.44 |
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. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 13th 2025 | Berenberg | Initiation | Buy | $36 |
| October 1st 2025 | Cantor Fitzgerald | Initiation | Overweight | $35 |
| September 15th 2025 | Evercore ISI | Upgrade | Outperform | $36 |
| February 19th 2025 | B. Riley Securities | Downgrade | Neutral | $33.5← $29.5 |
| February 12th 2025 | CapitalOne | Initiation | Overweight | $35 |
| December 17th 2024 | Barclays | Initiation | Overweight | $35.94 |
| December 11th 2024 | Deutsche Bank | Initiation | Buy | $38 |
| August 19th 2024 | Wedbush | Initiation | Outperform | - |
| July 17th 2024 | Evercore ISI | Downgrade | In-line | $32← $30 |
| June 28th 2024 | Goldman | Initiation | Buy | $33 |
| May 31st 2024 | UBS | Initiation | Buy | $30 |
| March 22nd 2024 | Citigroup | Upgrade | Buy | $28.5← $25 |
| February 13th 2024 | BMO Capital Markets | Initiation | Outperform | $29 |
| November 30th 2023 | B. Riley Securities | Initiation | Buy | $27.5 |
| September 21st 2023 | Wells Fargo | Initiation | Overweight | $27 |
Earnings History & Surprises
EPRTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $0.49 | — | — | — |
Q4 2025 | Oct 22, 2025 | $0.48 | $0.33 | -31.2% | ✗ MISS |
Q3 2025 | Jul 23, 2025 | $0.47 | $0.32 | -31.9% | ✗ MISS |
Q2 2025 | Apr 23, 2025 | $0.46 | $0.29 | -37.0% | ✗ MISS |
Q1 2025 | Feb 12, 2025 | $0.31 | $0.30 | -3.2% | ✗ MISS |
Q4 2024 | Oct 23, 2024 | $0.31 | $0.27 | -12.9% | ✗ MISS |
Q3 2024 | Jul 24, 2024 | $0.29 | $0.29 | 0.0% | = MET |
Q2 2024 | Apr 24, 2024 | $0.28 | $0.28 | 0.0% | = MET |
Q1 2024 | Feb 14, 2024 | $0.26 | $0.31 | +19.2% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $0.27 | $0.29 | +7.4% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $0.25 | $0.35 | +40.0% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $0.23 | $0.29 | +26.1% | ✓ BEAT |
Q1 2023 | Feb 15, 2023 | $0.22 | $0.25 | +13.6% | ✓ BEAT |
Q4 2022 | Oct 27, 2022 | $0.24 | $0.26 | +8.3% | ✓ BEAT |
Q3 2022 | Jul 28, 2022 | $0.25 | $0.27 | +8.0% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $0.23 | $0.23 | 0.0% | = MET |
Q1 2022 | Feb 16, 2022 | $0.22 | $0.24 | +9.1% | ✓ BEAT |
Q4 2021 | Nov 1, 2021 | $0.18 | $0.23 | +27.8% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.17 | $0.20 | +17.6% | ✓ BEAT |
Latest News
Mizuho Maintains Outperform on Essential Properties, Raises Price Target to $33
📈 PositiveEssential Properties Realty Trust Appoints Robert Salisbury As Executive Vice President And CFO Effective Jan. 1, 2026
➖ NeutralEvercore ISI Group Maintains Outperform on Essential Properties, Lowers Price Target to $35
➖ NeutralEssential Properties Realty Trust Increases Quarterly Dividend To $0.31 Per Share, Up ~3%, Payable January 14, 2026
📈 PositiveScotiabank Maintains Sector Perform on Essential Properties, Raises Price Target to $34
📈 PositiveCantor Fitzgerald Maintains Overweight on Essential Properties, Raises Price Target to $36
📈 PositiveEssential Properties Sees FY2026 FFO $1.98-$2.04 vs $2.16 Est
📉 NegativeEssential Properties Raises FY2025 FFO Guidance from $1.86-$1.89 to $1.87-$1.89 vs $2.01 Est
📉 NegativeEssential Props Realty Q3 FFO $0.48 Misses $0.51 Estimate, Sales $144.934M Beat $138.590M Estimate
➖ NeutralBerenberg Initiates Coverage On Essential Properties with Buy Rating, Announces Price Target of $36
📈 PositiveCantor Fitzgerald Initiates Coverage On Essential Properties with Overweight Rating, Announces Price Target of $35
📈 PositiveStifel Maintains Buy on Essential Properties, Lowers Price Target to $35.5
➖ NeutralEvercore ISI Group Upgrades Essential Properties to Outperform, Raises Price Target to $36
📈 PositiveMizuho Maintains Outperform on Essential Properties, Lowers Price Target to $32
📈 PositiveFrequently Asked Questions about EPRT
What is EPRT's current stock price?
What is the analyst price target for EPRT?
What sector is Essential Properties Realty Trust, Inc. in?
What is EPRT's market cap?
Does EPRT pay dividends?
Similar Stocks
Real Estate SectorExplore stocks similar to EPRT for comparison