5 Analysts Have This To Say About Essential Props Realty
Portfolio Pulse from Benzinga Insights
Five analysts have recently updated their ratings on Essential Properties Realty Trust Inc (NYSE:EPRT), with a positive shift in sentiment. The average 12-month price target is now $27.65, up from $27.25. Analysts from Raymond James, B. Riley Securities, Stifel, and Truist Securities have provided ratings ranging from 'Outperform' to 'Buy', with price targets between $25.75 and $29.00. Essential Props Realty, a real estate investment trust, has shown strong financial performance with a revenue growth of 29.71%, a net margin of 49.98%, an ROE of 1.63%, an ROA of 1.04%, and a low debt-to-equity ratio of 0.56.
January 08, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts have updated their ratings on Essential Props Realty, with a consensus average price target of $27.65, indicating a bullish sentiment. The company's strong financial performance is likely to support this positive outlook.
The increase in the average price target by analysts suggests a bullish sentiment towards EPRT, which could lead to a positive short-term impact on the stock price. The company's solid financial performance, including high revenue growth and profitability, supports the analysts' positive ratings and may contribute to investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100