Analyst Price Target is $33.91
▲ +9.68% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Essential Properties Realty Trust in the last 3 months. The average price target is $33.91, with a high forecast of $40.00 and a low forecast of $28.50. The average price target represents a 9.68% upside from the last price of $30.92.
Current Consensus is
Moderate Buy
The current consensus among 15 contributing investment analysts is to moderate buy stock in Essential Properties Realty Trust. This rating has held steady since May 2024, when it changed from a Buy consensus rating.
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. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is headquartered in Princeton, New Jersey.
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