Market closed · After hours · 6:37 PM ET
Last update: Oct 21, 2026, 6:19 PM ET
Essential Properties Realty Trust, Inc.
$24.89▼ 3.38% today
After Hours

Why Essential Properties Realty Trust, Inc. (EPRT) stock moved

Updated Oct 21, 2026

Essential Properties Realty Trust, Inc. (EPRT) shares fell 3.4% to $24.89 as of October 21, 2026, a moderate decline from the prior close of $25.76. BestStocks flagged the session as a major change for EPRT. The move is tied to an earnings miss. Below, we break down what changed for EPRT, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

Earnings Miss

Essential Properties Realty Trust, Inc. (EPRT) reported EPS of $0.27 vs. consensus estimate of $0.33, missing by 17.2% on 2026-10-21. EPRT earnings scheduled for 2026-10-28; consensus EPS estimate is $0.34.

This summary describes the catalyst and move as first detected on Oct 21, 2026, 4:38 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
Material / EarningsMedium confidence
Rel. volume
1.5×
Normal
Vs peers
—
No comparable peers
Market cap
$5.4B
New York Stock Exchange
Analyst target
$33
+31.7% vs price
Price chart
Oct 21
Not enough price data.
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Essential Properties Realty Trust, Inc. investors

For Essential Properties Realty Trust, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Essential Properties Realty Trust, Inc. (EPRT) moved +5.14% from $31.32 to $32.93 on 2026-07-16; Positive price momentum. Weighing against that: Earnings missed expectations; Negative session, down 3.4%. Wall Street's consensus price target sits at $32.78, implying +31.7% upside from $24.89. Over the past 90 days analysts logged 0 upgrades and 1 downgrade. BestStocks rates the overall signal quality medium (69/100). With earnings roughly 112 days out, the next report is the most likely near-term test of the move.

EPRT price reaction

EPRT last traded at $24.89, down $0.87 (-3.38%) from the previous close of $25.76. The session traded on 1.5× average volume (normal), so participation was unremarkable.

Bullish and bearish analyst opinions on Essential Properties Realty Trust, Inc. (EPRT)

Latest catalyststrengthens the bear case
The latest catalyst — an earnings miss — it strengthens the bear case.

The consensus analyst price target on Essential Properties Realty Trust, Inc. (EPRT) is $32.78, 31.7% above the recent $24.89. Over the past 90 days analysts logged 0 upgrades, 8 maintains, and 1 downgrade. Here is how the bullish and bearish cases on EPRT line up.

The bullish case

  • Wall Street's consensus price target of $32.78 implies +31.7% upside from $24.89.
  • The Street's most bullish target is $37.00 (+48.7%).
  • Essential Properties Realty Trust, Inc. (EPRT) moved +5.14% from $31.32 to $32.93 on 2026-07-16.
  • Positive price momentum.

The bearish case

  • 1 analyst downgrade in the past 90 days, most recently Deutsche Bank to Hold (2026-10-20).
  • Earnings missed expectations.
  • Negative session, down 3.4%.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Oct 21, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $33+31.7%
= 8 maintains↓ 1 downgrades
Deutsche Bank downgraded to Hold · 2026-10-20
SEC filings watch
No recent filings
Peer context
EPRT-3.4%

Previous notable changes for EPRT

Filings2026-10-21
Essential Properties Realty Trust, Inc. (EPRT) filed a new 8-K on 2026-10-21.
Material / Earnings2026-10-21
Essential Properties Realty Trust, Inc. (EPRT) moved -3.30% on 2026-10-21 after reporting EPS of $0.27 vs. consensus estimate of $0.33, a miss of 17.23%.
News2026-10-17
Essential Properties Realty Trust: Buy-The-Dip Opportunity Ahead Of Earnings (Rating Upgrade)
Material / Earnings2026-10-15
Essential Properties Realty Trust, Inc. (EPRT) moved -0.27% from $26.03 to $25.96 on 2026-10-15. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was 2.2x the 5-day average, indicating elevated trading activity ahead of the earnings announcement scheduled for 2026-10-21.
Upcoming catalysts & outlook
Next earnings
2027-02-10 (est.)
in 112 days
Thesis shift
Bearish Shift
bearish signal
Risk level
Low
from change events

Frequently asked questions about EPRT

Why did Essential Properties Realty Trust, Inc. (EPRT) stock move?

EPRT fell 3.4% to $24.89. The move is associated with an earnings miss.

How much did EPRT stock fall?

EPRT lost 3.38% ($0.87) versus the prior close of $25.76, last trading at $24.89 on 1.5× average volume.

When is Essential Properties Realty Trust, Inc.'s next earnings date?

EPRT's next earnings report is estimated for 2027-02-10 — about 112 days away.

What is the analyst price target for EPRT?

The consensus analyst price target for EPRT is $32.78, about 31.7% above the current $24.89. Over the past 90 days, analysts recorded 0 upgrades, 8 maintains, and 1 downgrade.

How BestStocks tracks EPRT

This page is generated automatically by BestStocks' change-detection system after an earnings miss was detected and verified against independent data sources. It draws on 20 tracked change events for EPRT, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 21, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataFMP earnings & estimatesSEC EDGAR filingsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.