Essential Properties Realty Trust Inc (NYSE: EPRT) is 1.92% higher on its value in year-to-date trading and has touched a low of $20.49 and a high of $26.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EPRT stock was last observed hovering at around $25.53 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $26.05, the stock is 1.62% and 4.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 2.04% at the moment leaves the stock 8.37% off its SMA200. EPRT registered 8.05% gain for a year compared to 6-month gain of 21.90%. The firm has a 50-day simple moving average (SMA 50) of $16.80 and a 200-day simple moving average (SMA200) of $17.42.
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The stock witnessed a 4.74% loss in the last 1 month and extending the period to 3 months gives it a 2.28%, and is -0.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.95% over the week and 1.76% over the month.
Essential Properties Realty Trust Inc (EPRT) has around 40 employees, a market worth around $4.56B and $359.95M in sales. Current P/E ratio is 20.93 and Fwd P/E is 21.94. Profit margin for the company is 52.87%. Distance from 52-week low is 27.14% and -2.69% from its 52-week high. The company has generated returns on investments over the last 12 months (4.09%).
Essential Properties Realty Trust Inc quarterly earnings per share for the current quarter are estimated at $0.28 with sales reaching $101.06M over the same period.The EPS is expected to shrink by -8.67% this year, but quarterly earnings will post 19.40% year-over-year. Quarterly sales are estimated to grow 20.80% in year-over-year returns.
Essential Properties Realty Trust Inc (EPRT) Top Institutional Holders
400 institutions hold shares in Essential Properties Realty Trust Inc (EPRT), with institutional investors hold 96.85% of the company’s shares. The shares outstanding are 175.10M, and float is at 173.71M with Short Float at 6.34%. Institutions hold 95.61% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 27.58 million shares valued at $649.32 million. The investor’s holdings represent 17.68% of the EPRT Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 24.6 million shares valued at $578.98 million to account for 15.77% of the shares outstanding. The other top investors are State Street Corporation which holds 9.51 million shares representing 6.10% and valued at over $223.96 million, while Wellington Management Group, LLP holds 5.66% of the shares totaling 8.83 million with a market value of $207.79 million.
Essential Properties Realty Trust Inc (EPRT) Insider Activity
The most recent transaction is an insider sale by Mavoides Peter M.,the company’sPresident and CEO. SEC filings show that Mavoides Peter M. sold 9,188 shares of the company’s common stock on Mar 26 ’24 at a price of $26.01 per share for a total of $0.24 million. Following the sale, the insider now owns 0.55 million shares.
Essential Properties Realty Trust Inc disclosed in a document filed with the SEC on Mar 22 ’24 that Mavoides Peter M. (President and CEO) sold a total of 1,700 shares of the company’s common stock. The trade occurred on Mar 22 ’24 and was made at $26.04 per share for $44268.0. Following the transaction, the insider now directly holds 0.56 million shares of the EPRT stock.
Still, SEC filings show that on Mar 21 ’24, Mavoides Peter M. (President and CEO) disposed off 100 shares at an average price of $26.00 for $2600.0. The insider now directly holds 565,792 shares of Essential Properties Realty Trust Inc (EPRT).
