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EPRT

Essential Properties Realty Trust, Inc.

EPRT

NYSE·Real Estate·REIT - Diversified·Mkt cap $6.5B

$30.93

+3.07%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$28.95 - $34.73

P/E

24.35

Fwd P/E

22.52

Beta

0.90

Div Yield

4.13%

Avg Vol

2.1M

Shares Out

216.2M

Mkt Cap

$6.5B

Price action

Price chart

Down 5.7% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Diversified tenant base across essential service sectors reduces concentration risk
  • Long-term lease agreements with middle-market operators provide stable, predictable cash flows
  • REIT structure enables tax-efficient dividend distributions to shareholders
  • Focus on recession-resistant businesses in healthcare, food service, and automotive sectors
  • Efficient property management and acquisition expertise built since 2016 founding

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Acquisition of additional single-tenant properties to expand portfolio beyond 1,451 properties

Value

Undervalued - trading well below Industrial REITs peers

Momentum

Stable

-2.7% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

4.13% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 21, 2026

Q2 26 RECAP

APR 22, 2026

Reported EPS of $0.28 vs $0.32 consensus (-12.5% surprise). Revenue of $149.4M vs $148.5M expected (+0.6%).

EPS miss
Rev beat +0.6%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-12.5%

Next: Apr 21, 2026

Revenue trend · last 8Q

+22%

+25%

+25%

+24%

+26%

+24%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$109.3M

$117.1M

$119.7M

$129.4M

$137.1M

$144.9M

$150.5M

$160.6M

Margins · last 8Q

Gross

44.8%

Operating

63.9%

Profit

37.2%

Wall Street consensus

9 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

9

100%

Hold

0%

Sell

0%

Median Price Target

$36.50

+18.0% vs $30.93

Low $34.00
Median $36.50
High $40.00

Latest: Scotiabank · Jun 18, 2026

3 analysts covering

vs Industry

How EPRT stacks vs REIT - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.