Essential Properties Realty Trust, Inc. (NYSE:EPRT – Get Rating) has been assigned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $24.94.
A number of analysts have recently commented on the stock. Mizuho boosted their price objective on shares of Essential Properties Realty Trust from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, December 8th. Citigroup cut their price target on shares of Essential Properties Realty Trust to $22.00 in a research report on Tuesday, November 15th. Truist Financial decreased their price objective on Essential Properties Realty Trust from $28.00 to $25.00 in a report on Friday, November 11th. Evercore ISI dropped their target price on Essential Properties Realty Trust from $26.00 to $24.00 in a report on Tuesday, September 27th. Finally, Raymond James raised their price target on Essential Properties Realty Trust from $23.00 to $25.00 and gave the company an “outperform” rating in a research note on Monday, December 19th.
Essential Properties Realty Trust Trading Down 1.1 %
NYSE EPRT opened at $24.10 on Friday. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 2.76 and a beta of 1.28. Essential Properties Realty Trust has a 52 week low of $18.88 and a 52 week high of $26.80. The stock’s 50 day moving average price is $23.28 and its two-hundred day moving average price is $22.45. The company has a debt-to-equity ratio of 0.51, a quick ratio of 7.58 and a current ratio of 7.58.
Essential Properties Realty Trust Increases Dividend
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in EPRT. Armstrong Advisory Group Inc. acquired a new stake in Essential Properties Realty Trust during the 4th quarter valued at $25,000. Advisors Asset Management Inc. lifted its stake in shares of Essential Properties Realty Trust by 68.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,697 shares of the company’s stock worth $33,000 after buying an additional 690 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Essential Properties Realty Trust by 49.6% during the 3rd quarter. Quadrant Capital Group LLC now owns 1,839 shares of the company’s stock worth $36,000 after buying an additional 610 shares during the period. Wipfli Financial Advisors LLC acquired a new position in Essential Properties Realty Trust in the 3rd quarter valued at about $42,000. Finally, EverSource Wealth Advisors LLC bought a new position in Essential Properties Realty Trust in the 2nd quarter valued at about $92,000. 97.19% of the stock is currently owned by institutional investors.
Essential Properties Realty Trust Company Profile
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.
- Get a free copy of the StockNews.com research report on Essential Properties Realty Trust (EPRT)
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