Essential Properties Realty Trust (EPRT) Stock Forecast, Price Target & Predictions
EPRT Stock Forecast
Essential Properties Realty Trust stock forecast is as follows: an average price target of $34.33 (represents a 8.88% upside from EPRT’s last price of $31.53) 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 $34.33 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 $32.00. This represents a potential 8.88% upside from EPRT's last price of $31.53.
EPRT Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 11, 2024 | Greg McGinniss | Scotiabank | $32.00 | $32.63 | -1.92% | 1.49% |
| Oct 03, 2024 | Ki Bin Kim | Truist Financial | $36.00 | $32.59 | 10.45% | 14.18% |
| Oct 01, 2024 | John Kilichowski | Wells Fargo | $37.00 | $34.15 | 8.35% | 17.35% |
| Sep 16, 2024 | James Kammert | Evercore ISI | $34.00 | $32.91 | 3.31% | 7.83% |
| Aug 19, 2024 | Jay Kornreich | Wedbush | $34.00 | $29.93 | 13.60% | 7.83% |
| Jun 28, 2024 | Caitlin Burrows | Goldman Sachs | $33.00 | $27.58 | 19.65% | 4.66% |
| May 31, 2024 | Mike Goldsmith | UBS | $30.00 | $26.45 | 13.42% | -4.85% |
| May 29, 2024 | Greg McGinniss | Scotiabank | $28.00 | $26.37 | 6.18% | -11.20% |
| Apr 29, 2024 | John Massocca | B.Riley Financial | $29.50 | $26.31 | 12.12% | -6.44% |
| Mar 18, 2024 | Simon Yarmak | Stifel Nicolaus | $27.50 | $25.41 | 8.23% | -12.78% |
| Jun 23, 2021 | Simon Yarmak | Stifel Nicolaus | $29.50 | $26.37 | 11.87% | -6.44% |
| May 04, 2021 | Caitlin Burrows | Goldman Sachs | $29.00 | $24.97 | 16.14% | -8.02% |
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 1.49% increase from EPRT last price ($31.53).
Essential Properties Realty Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 10 |
| Avg Price Target | - | $35.00 | $32.10 |
| Last Closing Price | $31.53 | $31.53 | $31.53 |
| Upside/Downside | -100.00% | 11.01% | 1.81% |
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 $31.53. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Sep 16, 2024 | Evercore ISI | Positive | Positive | Hold |
| Aug 21, 2024 | Raymond James | Outperform | Outperform | Hold |
| Aug 19, 2024 | Wedbush | Outperform | Initialise | |
| Aug 07, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jun 28, 2024 | Goldman Sachs | Buy | Initialise | |
| May 31, 2024 | UBS | Buy | Initialise | |
| May 29, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Mar 21, 2024 | Citigroup | Buy | Upgrade | |
| Feb 13, 2024 | Mizuho Securities | Underperform | Underperform | Hold |
| Feb 13, 2024 | Raymond James | Buy | Buy | Hold |
| Jan 08, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Jan 08, 2024 | Raymond James | Underperform | Underperform | Hold |
| Aug 24, 2022 | Bank of America Securities | Buy | Upgrade | |
| Apr 26, 2022 | Zacks Investment Research | Hold | Downgrade |
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 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 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 | $170.87M | $164.53M | $157.85M | $151.75M | $137.26M | $132.26M | $127.04M | $122.19M | $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 | $112.18M | $111.83M | $111.48M | $111.07M | $175.94M | $169.41M | $162.53M | $156.25M | $141.33M | $136.18M | $130.81M | $125.65M | $117.85M | $109.97M | $102.99M | $96.91M | $92.43M | $89.17M | $83.79M | $77.38M | $72.87M | $69.89M | $69.29M | $63.69M | $58.28M | $54.04M | $48.40M | $43.63M | $42.89M | $38.61M |
| Low Forecast | $103.59M | $103.26M | $102.94M | $102.57M | $162.47M | $156.43M | $150.08M | $144.28M | $130.51M | $125.75M | $120.79M | $114.31M | $112.22M | $109.49M | $102.99M | $96.91M | $87.27M | $82.48M | $77.37M | $71.45M | $67.29M | $69.89M | $69.29M | $63.69M | $58.28M | $54.04M | $48.40M | $43.63M | $42.89M | $38.61M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 |
| 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 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 |
| 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 | $152.96M | $147.28M | $141.30M | $135.84M | $122.87M | $118.39M | $113.72M | $109.38M | $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 | $100.42M | $100.10M | $99.80M | $99.43M | $157.50M | $151.65M | $145.49M | $139.87M | $126.52M | $121.91M | $117.10M | $112.47M | $105.50M | $98.44M | $92.19M | $82.00M | $82.74M | $79.83M | $75.01M | $74.54M | $71.97M | $60.46M | $59.95M | $67.77M | $50.42M | $46.76M | $41.88M | $33.75M | $37.11M | $33.40M |
| Low Forecast | $92.73M | $92.44M | $92.15M | $91.81M | $145.44M | $140.03M | $134.35M | $129.16M | $116.82M | $112.57M | $108.13M | $102.32M | $100.46M | $98.01M | $92.19M | $54.67M | $78.12M | $73.83M | $69.26M | $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 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 |
| 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 | - | - | - | - | $60.75M | $59.56M | $58.85M | $59.68M | $59.35M | $57.51M | $54.91M | $55.63M | $55.18M | $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 | - | - | - | - | $63.09M | $61.85M | $61.12M | $61.98M | $61.64M | $59.73M | $57.03M | $56.86M | $56.40M | $55.24M | $52.44M | $38.77M | $50.36M | $49.43M | $48.50M | $35.24M | $36.89M | $45.28M | $46.17M | $32.04M | $39.07M | $35.52M | $30.19M | $13.35M | $28.41M | $26.64M |
| Low Forecast | - | - | - | - | $56.86M | $55.75M | $55.08M | $55.86M | $55.56M | $53.83M | $51.40M | $52.07M | $53.95M | $54.33M | $52.44M | $25.84M | $45.39M | $44.55M | $43.71M | $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 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 |
| 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 | $20.47M | $19.71M | $18.91M | $18.18M | $16.44M | $15.84M | $15.22M | $14.64M | $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 | $13.44M | $13.39M | $13.35M | $13.30M | $21.07M | $20.29M | $19.47M | $18.72M | $16.93M | $16.31M | $15.67M | $15.05M | $14.12M | $13.17M | $12.34M | $11.71M | $11.07M | $10.68M | $10.04M | $10.64M | $7.26M | $8.37M | $8.30M | $9.68M | $6.98M | $6.47M | $5.80M | $5.61M | $5.14M | $4.62M |
| Low Forecast | $12.41M | $12.37M | $12.33M | $12.29M | $19.46M | $18.74M | $17.98M | $17.28M | $15.63M | $15.06M | $14.47M | $13.69M | $13.44M | $13.11M | $12.34M | $7.80M | $10.45M | $9.88M | $9.27M | $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 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 |
| 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 | - | - | - | - | $0.34 | $0.33 | $0.33 | $0.33 | $0.33 | $0.32 | $0.31 | $0.31 | $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 | - | - | - | - | $0.35 | $0.34 | $0.34 | $0.35 | $0.34 | $0.33 | $0.32 | $0.32 | $0.31 | $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 | - | - | - | - | $0.32 | $0.31 | $0.31 | $0.31 | $0.31 | $0.30 | $0.29 | $0.29 | $0.30 | $0.30 | $0.29 | $0.28 | $0.25 | $0.25 | $0.24 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BRSP | BrightSpire Capital | $6.20 | $10.83 | 74.68% | Buy |
| AHH | Armada Hoffler Properties | $10.83 | $12.75 | 17.73% | Buy |
| CTO | CTO Realty Growth | $20.53 | $24.00 | 16.90% | Buy |
| BNL | Broadstone Net Lease | $16.77 | $18.00 | 7.33% | Hold |
| EPRT | Essential Properties Realty Trust | $32.68 | $34.33 | 5.05% | Buy |