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Is Essential Properties Realty Trust Inc. (NYSE:EPRT) still hot stock after touching intraday high of $28.83?

How have the shares performed?

Essential Properties Realty Trust Inc. (EPRT) saw downtrend of -2.16% in the recent trading with $28.04 being its most recent. The current price level -4.27% lower than the highest price of $29.29 marked by the stock while trading over the past 52-weeks, whereas it is 105.42% higher than the lowest price of $13.65 the company dropped to over past 52-weeks. The latest news story on EPRT appeared in Business Wire under the title “Essential Properties Realty Trust, Inc. Increases 2021 AFFO Per Share Guidance to $1.24 to $1.28 Per Share and Raises Second Quarter Dividend to $0.25 Per Share, a 4.2% Increase Over Prior Quarter” on Jun-03-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -4.27% below one month high and is +18.24% above of the lowest during that time. Looking into the simple moving average, Essential Properties Realty Trust Inc. (EPRT)’s stock stands at a SMA-50 of $25.83 while that of 5-day is reading $28.50.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and EPRT’s SMA-200 as of now is $21.94.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 14 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.90 for the stock.

Essential Properties Realty Trust Inc. Earnings – What Happened With EPRT

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Essential Properties Realty Trust Inc. (EPRT) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of 40.00% for net revenue. During the reported three-month period, company’s sales were $48.64 billion while analysts on average were estimating the same to be $51.32 million.

EPRT – Essential Properties Realty Trust Inc. Stock Earnings Estimates

The perspective of Essential Properties Realty Trust Inc. (NYSE:EPRT)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.1 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.14.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 117.50 million. EPRT does have institutional investors; and they hold 98.80% of the stock.

Essential Properties Realty Trust Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 10 new insider purchases involving 20,207 shares. On the other hand, EPRT declared 3,866 shares have been sold in 5 insider transactions over the past three months.

As on Mar 30, 2021, Blackrock Inc. was the top most holder in Essential Properties Realty Trust Inc. (NYSE:EPRT) with an ownership of 17.46 million shares of the company or 14.86% of the stake worth $398.63 million. The filing also reveals Wellington Management Group, LLP as the second largest holder in the company with a control over 10.75% of the outstanding shares. Its stake is worth $288.24 million for having 12.63 million shares in hand.

Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 10.49% of the outstanding shares. With this there are now 294 institutions which have possession in EPRT’s shares.

Currently, the stock has been recommended as Strong Buy by 14 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.90 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Essential Properties Realty Trust Inc. has a debt to equity ratio of 0.57. The count was 52.16 for long-term debt to equity ratio.

Essential Properties Realty Trust Inc.’s return on equity, or ROE, is 2.80%, compared to the industry average of 3.71% for Real Estate – REIT – Diversified. Although this indicates that EPRT fails to use its equity well, the metric will vary significantly depending on the industry.

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Technical Analysis of Essential Properties Realty Trust Inc. (NYSE:EPRT) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Essential Properties Realty Trust Inc. (EPRT), we notice that the stock’s 20-day average volume is at 920,330 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 986,578 shares. And to end, EPRT’s 100-day average volume is 976,395 shares with 100% of the long-term indicators pointing towards Buy for the stock.

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