▼ -18.12% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Essential Properties Realty Trust in the last 3 months. The average price target is $21.65, with a high forecast of $28.00 and a low forecast of $15.00. The average price target represents a -18.12% upside from the last price of $26.44.
The current consensus among 8 investment analysts is to buy stock in Essential Properties Realty Trust. This rating has held steady since September 2020, when it changed from a Hold 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, and health and fitness on a long-term basis. As of December 31, 2020, it had a portfolio of 1,181 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.