Analyst Price Target is $28.22
▲ +9.69% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Essential Properties Realty Trust in the last 3 months. The average price target is $28.22, with a high forecast of $29.00 and a low forecast of $26.00. The average price target represents a 9.69% upside from the last price of $25.73.
Current Consensus is
Buy
The current consensus among 9 contributing investment analysts is to buy stock in Essential Properties Realty Trust. This Buy consensus rating has held steady for over two years.
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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