In the latest session, Essential Properties Realty Trust Inc (NYSE: EPRT) closed at $25.29 down -0.78% from its previous closing price of $25.49. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 955160 shares were traded. EPRT stock price reached its highest trading level at $25.57 during the session, while it also had its lowest trading level at $25.16.
Ratios:
For a deeper understanding of Essential Properties Realty Trust Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 22, 2024, Upgraded its rating to Buy and sets its target price to $28.50 from $25 previously.
On February 13, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $29.
On November 30, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $27.50.B. Riley Securities initiated its Buy rating on November 30, 2023, with a $27.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 26 ’24 when Mavoides Peter M. sold 9,188 shares for $26.01 per share. The transaction valued at 238,980 led to the insider holds 554,904 shares of the business.
Mavoides Peter M. sold 1,700 shares of EPRT for $44,268 on Mar 22 ’24. The President and CEO now owns 564,092 shares after completing the transaction at $26.04 per share. On Mar 21 ’24, another insider, Mavoides Peter M., who serves as the President and CEO of the company, sold 100 shares for $26.00 each. As a result, the insider received 2,600 and left with 565,792 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EPRT now has a Market Capitalization of 4.32B and an Enterprise Value of 5.95B. As of this moment, Essential’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.32, and their Forward P/E ratio for the next fiscal year is 21.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.30 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 16.54 whereas that against EBITDA is 17.14.
Stock Price History:
Over the past 52 weeks, EPRT has reached a high of $26.77, while it has fallen to a 52-week low of $20.49. The 50-Day Moving Average of the stock is 25.00, while the 200-Day Moving Average is calculated to be 24.08.
Shares Statistics:
For the past three months, EPRT has traded an average of 1.43M shares per day and 1.54M over the past ten days. A total of 175.10M shares are outstanding, with a floating share count of 173.71M. Insiders hold about 0.80% of the company’s shares, while institutions hold 97.38% stake in the company. Shares short for EPRT as of Mar 15, 2024 were 11.01M with a Short Ratio of 7.71, compared to 6.24M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.50% and a Short% of Float of 9.49%.
Dividends & Splits
According to the company, the forward annual dividend rate for EPRT is 1.13, from 1.12 in the trailing year. Against a Trailing Annual Dividend Yield of 4.39%, it implies a Forward Annual Dividend Yield of 4.30%. The stock’s 5-year Average Dividend Yield is 4.33.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.28 for the current quarter, with a high estimate of $0.29 and a low estimate of $0.27, while EPS last year was $0.29. The consensus estimate for the next quarter is $0.28, with high estimates of $0.29 and low estimates of $0.27.
Analysts are recommending an EPS of between $1.17 and $1.1 for the fiscal current year, implying an average EPS of $1.13. EPS for the following year is $1.19, with 4 analysts recommending between $1.25 and $1.14.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $101.06M this quarter.It ranges from a high estimate of $104.1M to a low estimate of $95.71M. As of the current estimate, Essential Properties Realty Trust Inc’s year-ago sales were $83.69M, an estimated increase of 20.80% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $106.58M, an increase of 23.20% over than the figure of $20.80% in the same quarter last year. There is a high estimate of $109.87M for the next quarter, whereas the lowest estimate is $102.12M.
A total of 9 analysts have provided revenue estimates for EPRT’s current fiscal year. The highest revenue estimate was $451.44M, while the lowest revenue estimate was $386.73M, resulting in an average revenue estimate of $429.28M. In the same quarter a year ago, actual revenue was $359.6M, up 19.40% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $496.51M in the next fiscal year. The high estimate is $544.72M and the low estimate is $385.88M. The average revenue growth estimate for next year is up 15.70% from the average revenue estimate for this year.
