Institutional Exposure To Essential Properties Realty Trust Inc (EPRT)

Essential Properties Realty Trust Inc (EPRT) concluded trading on Thursday at a closing price of $23.89, with 4.9 million shares of worth about $117.15 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.62% during that period and on Thursday the price saw a gain of about 0.46%. Currently the company’s common shares owned by public are about 166.10M shares, out of which, 164.78M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 11 times over the past 12 months. They bought 29,694 shares in 10 of the transactions. In 1 selling transactions, insiders dumped 9,282 shares.

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Stock saw a price change of -3.20% in past 5 days and over the past one month there was a price change of -4.52%. Year-to-date (YTD), EPRT shares are showing a performance of -6.53% which decreased to -7.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.49 but also hit the highest price of $26.39 during that period. The average intraday trading volume for Essential Properties Realty Trust Inc shares is 1.26 million. The stock is currently trading -2.54% below its 20-day simple moving average (SMA20), while that difference is down -4.84% for SMA50 and it goes to -0.10% lower than SMA200.

Essential Properties Realty Trust Inc (NYSE: EPRT) currently have 166.10M outstanding shares and institutions hold larger chunk of about 102.70% of that.

The stock has a current market capitalization of $3.97B and its 3Y-monthly beta is at 1.29. PE ratio of stock for trailing 12 months is 19.21, while it has posted earnings per share of $1.24 in the same period. Its PEG reads 0.72 while making debt-to-equity ratio of 0.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EPRT, volatility over the week remained 1.66% while standing at 1.83% over the month.

Analysts are in expectations that Essential Properties Realty Trust Inc (EPRT) stock would likely to be making an EPS of $0.28 in the current quarter, while forecast for next quarter EPS is $0.28 and it is $1.18 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.28 which is $0.28 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.29 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -8.87% while it is estimated to increase by 4.65% in next year. EPS is likely to shrink at an annualized rate of 26.82% for next 5-years, compared to annual growth of 28.37% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on February 13, 2024 offering an Outperform rating for the stock and assigned a target price of $29 to it. Coverage by B. Riley Securities stated Essential Properties Realty Trust Inc (EPRT) stock as a Buy in their note to investors on November 30, 2023, suggesting a price target of $27.50 for the stock. On September 21, 2023, Wells Fargo Initiated their recommendations, while on June 14, 2023, Exane BNP Paribas Initiated their ratings for the stock with a price target of $29. Stock get an Outperform rating from Evercore ISI on September 13, 2022.

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