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


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EPRT Stock Forecast


Essential Properties Realty Trust stock forecast is as follows: an average price target of $32.56 (represents a -2.81% downside from EPRT’s last price of $33.50) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

EPRT Price Target


The average price target for Essential Properties Realty Trust (EPRT) is $32.56 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $37.00 to $27.50. This represents a potential -2.81% downside from EPRT's last price of $33.50.

EPRT Analyst Ratings


Buy

According to 10 Wall Street analysts, Essential Properties Realty Trust's rating consensus is 'Buy'. The analyst rating breakdown for EPRT stock is 0 'Strong Buy' (0.00%), 8 'Buy' (80.00%), 2 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Essential Properties Realty Trust Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 11, 2024Greg McGinnissScotiabank$32.00$32.63-1.92%-4.48%
Oct 03, 2024Ki Bin KimTruist Financial$36.00$32.5910.45%7.46%
Oct 01, 2024John KilichowskiWells Fargo$37.00$34.158.35%10.45%
Sep 16, 2024James KammertEvercore ISI$34.00$32.913.31%1.49%
Aug 19, 2024Jay KornreichWedbush$34.00$29.9313.60%1.49%
Jun 28, 2024Caitlin BurrowsGoldman Sachs$33.00$27.5819.65%-1.49%
May 31, 2024Mike GoldsmithUBS$30.00$26.4513.42%-10.45%
May 29, 2024Greg McGinnissScotiabank$28.00$26.376.18%-16.42%
Apr 29, 2024John MassoccaB.Riley Financial$29.50$26.3112.12%-11.94%
Mar 18, 2024Simon YarmakStifel Nicolaus$27.50$25.418.23%-17.91%
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The latest Essential Properties Realty Trust stock forecast, released on Oct 11, 2024 by Greg McGinniss from Scotiabank, set a price target of $32.00, which represents a -1.92% decrease from the stock price at the time of the forecast ($32.63), and a -4.48% decrease from EPRT last price ($33.50).

Essential Properties Realty Trust Price Target by Period


1M3M12M
# Anlaysts-410
Avg Price Target-$34.75$32.10
Last Closing Price$33.50$33.50$33.50
Upside/Downside-100.00%3.73%-4.18%

In the current month, the average price target of Essential Properties Realty Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Essential Properties Realty Trust's last price of $33.50. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024ScotiabankSector PerformSector PerformHold
Sep 16, 2024Evercore ISIPositivePositiveHold
Aug 21, 2024Raymond JamesOutperformOutperformHold
Aug 19, 2024Wedbush-OutperformInitialise
Aug 07, 2024ScotiabankSector PerformSector PerformHold
Jun 28, 2024Goldman Sachs-BuyInitialise
May 31, 2024UBS-BuyInitialise
May 29, 2024ScotiabankSector PerformSector PerformHold
Mar 21, 2024Citigroup-BuyUpgrade
Feb 13, 2024Mizuho SecuritiesUnderperformUnderperformHold
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Essential Properties Realty Trust's last stock rating was published by Scotiabank on Oct 11, 2024. The company gave EPRT a "Sector Perform" rating, the same as its previous rate.

Essential Properties Realty Trust Financial Forecast


Essential Properties Realty Trust Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$97.73M$91.66M$86.52M$83.69M$74.28M$70.66M$71.45M$70.12M$65.02M$59.60M$57.07M$48.55M$41.11M$42.91M
Avg Forecast$108.95M$108.60M$108.27M$107.87M$171.72M$164.80M$158.22M$151.67M$135.44M$131.20M$126.23M$121.46M$115.35M$109.73M$102.99M$96.91M$90.20M$85.58M$81.38M$75.15M$70.77M$69.89M$69.29M$63.69M$58.28M$54.04M$48.40M$43.63M$42.89M$38.61M
High Forecast$112.51M$112.15M$111.81M$111.40M$177.33M$170.19M$163.39M$156.63M$139.87M$135.49M$130.35M$123.32M$118.46M$109.97M$102.99M$96.91M$92.43M$89.17M$84.04M$77.60M$73.08M$69.89M$69.29M$63.69M$58.28M$54.04M$48.40M$43.63M$42.89M$38.61M
Low Forecast$104.93M$104.60M$104.28M$103.89M$165.38M$158.72M$152.39M$146.08M$130.45M$126.36M$121.57M$118.48M$111.99M$109.49M$102.99M$96.91M$87.27M$82.48M$78.38M$72.37M$68.16M$69.89M$69.29M$63.69M$58.28M$54.04M$48.40M$43.63M$42.89M$38.61M
# Analysts444444443335542246334444333355
Surprise %----------------1.08%1.07%1.06%1.11%1.05%1.01%1.03%1.10%1.12%1.10%1.18%1.11%0.96%1.11%

Essential Properties Realty Trust's average Quarter revenue forecast for Mar 24 based on 2 analysts is $96.91M, with a low forecast of $96.91M, and a high forecast of $96.91M. EPRT's average Quarter revenue forecast represents a -0.84% decrease compared to the company's last Quarter revenue of $97.73M (Dec 23).

Essential Properties Realty Trust EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335542246334444333355
EBITDA----------------$89.69M$59.66M$78.23M$74.93M$69.06M$62.93M$63.70M$61.19M$58.01M$54.37M$48.39M$38.69M$32.36M$33.45M
Avg Forecast$97.53M$97.22M$96.92M$96.57M$153.72M$147.53M$141.64M$135.77M$121.24M$117.45M$113.00M$108.72M$103.26M$98.23M$92.19M$68.33M$80.74M$76.61M$72.85M$62.12M$59.97M$60.46M$59.95M$56.47M$50.42M$46.76M$41.88M$28.13M$37.11M$33.40M
High Forecast$100.72M$100.40M$100.09M$99.72M$158.74M$152.35M$146.26M$140.21M$125.21M$121.29M$116.69M$110.40M$106.04M$98.44M$92.19M$82.00M$82.74M$79.83M$75.23M$74.54M$71.97M$60.46M$59.95M$67.77M$50.42M$46.76M$41.88M$33.75M$37.11M$33.40M
Low Forecast$93.93M$93.63M$93.35M$93.00M$148.05M$142.08M$136.41M$130.76M$116.77M$113.12M$108.83M$106.06M$100.25M$98.01M$92.19M$54.67M$78.12M$73.83M$70.16M$49.70M$47.98M$60.46M$59.95M$45.18M$50.42M$46.76M$41.88M$22.50M$37.11M$33.40M
Surprise %----------------1.11%0.78%1.07%1.21%1.15%1.04%1.06%1.08%1.15%1.16%1.16%1.38%0.87%1.00%

2 analysts predict EPRT's average Quarter EBITDA for Mar 24 to be $68.33M, with a high of $82.00M and a low of $54.67M. This is -23.81% lower than Essential Properties Realty Trust's previous annual EBITDA (Dec 23) of $89.69M.

Essential Properties Realty Trust Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335542246334444333355
Net Income----------------$49.09M$45.91M$52.80M$42.90M$35.35M$36.43M$35.65M$26.70M$29.79M$27.51M$23.28M$15.29M$5.67M$12.26M
Avg Forecast----$58.39M$56.87M$57.53M$56.86M$58.23M$56.56M$54.10M$54.46M$54.84M$54.78M$52.44M$32.31M$48.49M$47.60M$46.70M$29.37M$30.74M$45.28M$46.17M$26.70M$39.07M$35.52M$30.19M$11.12M$28.41M$26.64M
High Forecast----$60.87M$59.28M$59.97M$59.27M$60.70M$58.96M$56.40M$56.77M$57.16M$55.24M$52.44M$38.77M$50.55M$49.43M$48.68M$35.24M$36.89M$45.28M$46.17M$32.04M$39.07M$35.52M$30.19M$13.35M$28.41M$26.64M
Low Forecast----$55.59M$54.14M$54.77M$54.13M$55.43M$53.85M$51.51M$53.28M$53.62M$54.33M$52.44M$25.84M$46.17M$45.31M$44.46M$23.50M$24.59M$45.28M$46.17M$21.36M$39.07M$35.52M$30.19M$8.90M$28.41M$26.64M
Surprise %----------------1.01%0.96%1.13%1.46%1.15%0.80%0.77%1.00%0.76%0.77%0.77%1.38%0.20%0.46%

Essential Properties Realty Trust's average Quarter net income forecast for Mar 24 is $32.31M, with a range of $25.84M to $38.77M. EPRT's average Quarter net income forecast represents a -34.20% decrease compared to the company's last Quarter net income of $49.09M (Dec 23).

Essential Properties Realty Trust SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335542246334444333355
SG&A----------------$7.33M$7.17M$7.58M$8.58M$6.51M$7.87M$7.03M$8.06M$5.83M$5.60M$6.47M$6.43M$4.74M$5.92M
Avg Forecast$13.05M$13.01M$12.97M$12.92M$20.57M$19.74M$18.95M$18.17M$16.22M$15.72M$15.12M$14.55M$13.82M$13.14M$12.34M$9.76M$10.80M$10.25M$9.75M$8.87M$6.05M$8.37M$8.30M$8.06M$6.98M$6.47M$5.80M$4.68M$5.14M$4.62M
High Forecast$13.48M$13.43M$13.39M$13.34M$21.24M$20.38M$19.57M$18.76M$16.75M$16.23M$15.61M$14.77M$14.19M$13.17M$12.34M$11.71M$11.07M$10.68M$10.07M$10.64M$7.26M$8.37M$8.30M$9.68M$6.98M$6.47M$5.80M$5.61M$5.14M$4.62M
Low Forecast$12.57M$12.53M$12.49M$12.44M$19.81M$19.01M$18.25M$17.50M$15.62M$15.14M$14.56M$14.19M$13.41M$13.11M$12.34M$7.80M$10.45M$9.88M$9.39M$7.10M$4.84M$8.37M$8.30M$6.45M$6.98M$6.47M$5.80M$3.74M$5.14M$4.62M
Surprise %----------------0.68%0.70%0.78%0.97%1.08%0.94%0.85%1.00%0.84%0.86%1.12%1.38%0.92%1.28%

Essential Properties Realty Trust's average Quarter SG&A projection for Mar 24 is $9.76M, based on 2 Wall Street analysts, with a range of $7.80M to $11.71M. The forecast indicates a 33.01% rise compared to EPRT last annual SG&A of $7.33M (Dec 23).

Essential Properties Realty Trust EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335542246334444333355
EPS----------------$0.31$0.29$0.35$0.30$0.25$0.26$0.27$0.21$0.24$0.23$0.20$0.14$0.05$0.13
Avg Forecast----$0.33$0.32$0.32$0.32$0.32$0.31$0.30$0.30$0.31$0.31$0.29$0.28$0.27$0.27$0.26$0.23$0.22$0.26$0.26$0.22$0.22$0.20$0.17$0.09$0.16$0.15
High Forecast----$0.34$0.33$0.33$0.33$0.34$0.33$0.31$0.32$0.32$0.31$0.29$0.28$0.28$0.28$0.27$0.23$0.23$0.26$0.26$0.22$0.22$0.20$0.17$0.09$0.16$0.15
Low Forecast----$0.31$0.30$0.30$0.30$0.31$0.30$0.29$0.30$0.30$0.30$0.29$0.28$0.26$0.25$0.25$0.21$0.21$0.26$0.26$0.22$0.22$0.20$0.17$0.09$0.16$0.15
Surprise %----------------1.15%1.09%1.35%1.33%1.14%1.02%1.04%0.95%1.09%1.15%1.18%1.56%0.31%0.87%

According to 2 Wall Street analysts, Essential Properties Realty Trust's projected average Quarter EPS for Mar 24 is $0.28, with a low estimate of $0.28 and a high estimate of $0.28. This represents a -10.75% decrease compared to EPRT previous annual EPS of $0.31 (Dec 23).

Essential Properties Realty Trust Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BRSPBrightSpire Capital$6.18$10.8375.24%Buy
CTOCTO Realty Growth$19.66$25.0027.16%Buy
AHHArmada Hoffler Properties$10.89$12.7517.08%Buy
BNLBroadstone Net Lease$17.18$18.004.77%Hold
EPRTEssential Properties Realty Trust$33.50$32.56-2.81%Buy

EPRT Forecast FAQ


Is Essential Properties Realty Trust a good buy?

Yes, according to 10 Wall Street analysts, Essential Properties Realty Trust (EPRT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 80.00% of EPRT's total ratings.

What is EPRT's price target?

Essential Properties Realty Trust (EPRT) average price target is $32.56 with a range of $27.5 to $37, implying a -2.81% from its last price of $33.5. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Essential Properties Realty Trust stock go up soon?

According to Wall Street analysts' prediction for EPRT stock, the company can go down by -2.81% (from the last price of $33.5 to the average price target of $32.56), up by 10.45% based on the highest stock price target, and down by -17.91% based on the lowest stock price target.

Can Essential Properties Realty Trust stock reach $50?

EPRT's average twelve months analyst stock price target of $32.56 does not support the claim that Essential Properties Realty Trust can reach $50 in the near future.

What are Essential Properties Realty Trust's analysts' financial forecasts?

Essential Properties Realty Trust's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $646.41M (high $667.54M, low $622.57M), average EBITDA is $578.65M (high $597.56M, low $557.3M), average net income is $229.64M (high $239.39M, low $218.62M), average SG&A $77.43M (high $79.96M, low $74.57M), and average EPS is $1.28 (high $1.33, low $1.22). EPRT's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $433.7M (high $447.87M, low $417.7M), average EBITDA is $388.23M (high $400.92M, low $373.91M), average net income is $0 (high $0, low $0), average SG&A $51.95M (high $53.65M, low $50.03M), and average EPS is $0 (high $0, low $0).

Did the EPRT's actual financial results beat the analysts' financial forecasts?

Based on Essential Properties Realty Trust's last annual report (Dec 2023), the company's revenue was $359.6M, beating the average analysts forecast of $332.3M by 8.21%. Apple's EBITDA was $326.36M, beating the average prediction of $292.32M by 11.65%. The company's net income was $190.71M, beating the average estimation of $172.16M by 10.77%. Apple's SG&A was $30.68M, missing the average forecast of $39.67M by -22.67%. Lastly, the company's EPS was $1.25, beating the average prediction of $1.02 by 22.55%. In terms of the last quarterly report (Dec 2023), Essential Properties Realty Trust's revenue was $97.73M, beating the average analysts' forecast of $90.2M by 8.36%. The company's EBITDA was $89.69M, beating the average prediction of $80.74M by 11.08%. Essential Properties Realty Trust's net income was $49.1M, beating the average estimation of $48.49M by 1.24%. The company's SG&A was $7.34M, missing the average forecast of $10.8M by -32.11%. Lastly, the company's EPS was $0.31, beating the average prediction of $0.27 by 14.81%