Essential Properties Realty Trust (NYSE:EPRT – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.850-1.890 for the period, compared to the consensus earnings per share estimate of 2.030. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Scotiabank raised their price target on shares of Essential Properties Realty Trust from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Monday, November 25th. Deutsche Bank Aktiengesellschaft began coverage on Essential Properties Realty Trust in a report on Wednesday, December 11th. They issued a “buy” rating and a $38.00 price target on the stock. Capital One Financial assumed coverage on shares of Essential Properties Realty Trust in a research note on Wednesday. They set an “overweight” rating and a $35.00 target price for the company. UBS Group increased their price target on Essential Properties Realty Trust from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Finally, Wells Fargo & Company lowered their price objective on shares of Essential Properties Realty Trust from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Monday, November 4th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.92.
Read Our Latest Analysis on EPRT
Essential Properties Realty Trust Stock Down 1.4 %
Essential Properties Realty Trust (NYSE:EPRT – Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.14. Essential Properties Realty Trust had a return on equity of 6.20% and a net margin of 46.00%. On average, equities research analysts forecast that Essential Properties Realty Trust will post 1.68 EPS for the current fiscal year.
Essential Properties Realty Trust Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.84%. This is a boost from Essential Properties Realty Trust’s previous quarterly dividend of $0.29. Essential Properties Realty Trust’s dividend payout ratio (DPR) is 102.61%.
About Essential Properties Realty Trust
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.
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