Essential Properties Realty Trust stock
EPRTNYSEEssential Properties Realty Trust, Inc., Real EstateISIN US29670E1073
59Score 59 out of 100, Neutral
Price and trend
59 / 100
Price history
−9.6% in one yearThe chart shows daily closes over 8 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 8.9% below it.
Since June 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 61).
The price is 20% below its 52-week high. Largest decline in 8 years: 74% (February 2020 to March 2020).
Chart figures for advanced users
- SMA 50$26.95
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$30.34
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)61
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$24.89
- The lowest closing price of the last twelve months.
- Resistance$34.59
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Essential Properties Realty Trust, Inc. belongs to the REIT (Diversified) industry (United States) and, with a market value of $6.09B, is number 5 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $561.89M (up 25% year on year) and earnings of $253.01M (up 24.6%).
- For fiscal 2026, analysts expect on average revenue of $625.65M (up 11.3%) and adjusted earnings per share of $1.28 (up 0%).
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- MEQIRI Score 59 out of 100 (Neutral): rank 100 of 325 in Real Estate, median 55.
- The P/E is 23.1 (REIT (Diversified) median 17.3, own median of recent years 31.1).
- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $31.84, with the price 13% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 27.9% a year since 2020, REIT (Diversified) median 8%.Growth 73
- High marginNet margin 38.2% over the last 12 months, REIT (Diversified) median 21%.Profitability 67
- Earnings per share growingUp 24% a year since 2020.Growth 73
Weaknesses
- DilutionShare count up 110% since 2020.Capital allocation 31
- Negative free cash flowFree cash flow −$142.44M over the last 12 months.Fundamentals 64
Its standout strength is growth, while momentum and capital allocation hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
Valuation
Valuation signal
Modestly undervaluedIn our model the price counts as cheap below $26.53 and expensive above $39.80 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $41.32 (cash-flow model) and $22.36 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $28.32, at 7.8% it would be $37.11.
Valuation metrics
Half from the cash-flow model, half from FFO per share times the median price to FFO of the REIT industry (10.9). For REITs, depreciation on buildings depresses earnings, so FFO counts instead of earnings, here following the industry rule (Nareit) from the filings with the SEC: gains on property sales are deducted where the company reports them in the standard items. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 4% of revenue, and less preferred dividends. New construction and acquisitions do not count as running costs there.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 29.5% on the twelve months before. Revenue has grown strongly since 2016, at around 49% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 84%, operating 65%, net 45%. Last 12 months: net 38%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 10 Feb 2027in 89 days
- Last reported
- 21 Oct 2026EPS reported $0.27 (expected $0.33)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.28−2.3%
- Revenue
- $625.65M+0.3%
- Earnings per share
- $1.31−2.0%
- Revenue
- $712.33M+1.3%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −1.0%Guidance raised again: 2026 AFFO per share to $2.01 to $2.05 and investment volume to $1.2 billion to $1.5 billion.
“Investment activity and portfolio operating trends are tracking ahead of budgeted expectations, allowing us to once again increase our 2026 AFFO per share guidance to a new range of $2.01 to $2.05 and our investment volume guidance to a range of $1.2 billion to $1.5 billion.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 23 Jul 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. One insider sold, $708,840 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Jenkins Robert MSale
24 Jul 2026, Executive VP and COO
- Shares
- 22,000
- Price
- $32.22
- Value
- $708,840
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Essential Properties Realty Trust
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
325 rated companies in Real Estate
- This company
- 59
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Diversified)
The next larger and next smaller companies by market value
- VICI PropertiesVICI $27.31B66
- W. P. CareyWPC $14.94B56
- Janus LivingJAN $9.72B41
- MERLIN Properties SOCIMIMRL.MC $8.08B59
- CovivioCOV.PA $5.44B48
- Rithm CapitalRITM $5.03B42
- Broadstone Net LeaseBNL $3.36B58
- AroundtownAT1.DE $2.09B47
ETFs that hold Essential Properties Realty Trust
Held by 20 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares US Property Yield UCITS ETFIQQ7 | 0.53% | 0.40% | €556.83M |
| State Street SPDR Dow Jones Global Real Estate UCITS ETF (Dist)SPYJ | 0.36% | 0.40% | €331.25M |
| iShares Developed Markets Property Yield UCITS ETFIQQ6 | 0.36% | 0.59% | €813.1M |
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| iShares S&P SmallCap 600 UCITS ETFIUS3 | 0.34% | 0.30% | €2.31B |
| Amundi FTSE EPRA NAREIT Global UCITS ETF Dist10AJ | 0.30% | 0.24% | €606.07M |
| HSBC FTSE EPRA NAREIT Developed UCITS ETFH4ZL | 0.30% | 0.24% | €3.37B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.25% | 0.30% | €185.82M |
| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.21% | 0.30% | €2.22B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Apr 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.