Essential Properties Realty Trust, Inc. | EPRT

Daily Technical Analysis of Essential Properties Realty Trust, Inc.

Essential Properties Realty Trust bobbled around today only ended up 0.52% since yesterday. It looks like EPRT may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line EPRT is near a weak resistance line. If there isn't strong buying pressure the price might bounce off and move back down, but it can always break through and move up. Momentum wise Essential Properties Realty Trust, hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.

If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $30.51 level, hard to say where it will go from there though.

Analyst Ratings for Essential Properties Realty Trust By Price Target And Rating

The analysts are pretty neutral on Essential Properties Realty Trust right now, so not much useful information here. The current Analysts Sentiment Score is 1.28. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Mizuho announced a lowering of their price target to $26.00 from $27.00 on 2024-03-07. BMO Capital Markets initiated a rating of Outperform on 2024-02-13 and provided a price target of $29.00. Raymond James gave a boost to their price target and moved to $29.00 from $28.00 on 2024-01-08. On 2023-11-30 B. Riley initiated their coverage and rated as Buy and added a price target of $27.50. On 2023-11-29 Stifel Nicolaus increased their price target by 4.85% to $27.00. On 2023-11-27 there was confirmation of the previous rating by Truist Financial which was Buy and added a price target of $29.00. On 2023-09-20 Wells Fargo & Company initiated their coverage and rated as Overweight and they set their price target at $27.00.BNP Paribas initiated a rating of Outperform on 2023-06-14 and added a price target of $29.00. LADENBURG THALM/SH SH provided a price target decease of -3.57% to $27.00 from $28.00 on 2023-03-23.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Essential Properties Realty Trust

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Essential Properties Realty Trust

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.