Essential Properties Realty Trust, Inc. (EPRT)
Market Cap | 5.58B |
Revenue (ttm) | 428.54M |
Net Income (ttm) | 196.27M |
Shares Out | 175.89M |
EPS (ttm) | 1.15 |
PE Ratio | 27.58 |
Forward PE | 25.80 |
Dividend | $1.18 (3.72%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 466,763 |
Open | 32.05 |
Previous Close | 31.79 |
Day's Range | 31.64 - 32.21 |
52-Week Range | 23.58 - 34.88 |
Beta | 1.42 |
Analysts | Strong Buy |
Price Target | 33.92 (+7.0%) |
Earnings Date | Feb 12, 2025 |
About EPRT
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 federa... [Read more]
Financial Performance
In 2023, EPRT's revenue was $359.60 million, an increase of 25.51% compared to the previous year's $286.51 million. Earnings were $190.30 million, an increase of 42.27%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for EPRT stock is "Strong Buy." The 12-month stock price forecast is $33.92, which is an increase of 7.00% from the latest price.
News
2 Of My Favorite Net Lease REITs Might Surprise You
The net lease sector, with a market cap of ~$100B, has significant growth potential in diverse sub-categories like health & fitness, casinos, and data centers. Essential Properties and Agree Realty sh...
2 Very Overrated And 1 Very Underrated Big Dividend Growth Stocks
High dividend yield stocks with consistent growth are attractive ways to grow wealth and passive income over time. However, not all high-yield dividend growth stocks are good buys at all times. I shar...
The More It Drops, The More I Buy
The stock market just suffered a dip, and I am buying it. The long-term outlook has not changed and therefore, the more it drops, the more I will buy. I discuss why and highlight 3 quick picks I'm buy...
Top 3 REITs For 2025
Most REITs have surged due to interest rate cuts. But many REITs missed out on this rally and remain undervalued. I present 3 of my Top Picks for 2025.
Essential Properties: Quality Net Lease REIT With Durable AFFO Growth
Essential Properties Realty Trust, Inc. reported strong Q3 2024 results, with AFFO per share up 2% and total AFFO growing 17% year-over-year. The company maintains high occupancy rates and strong tena...
Essential Properties Realty Trust, Inc. to Report Fourth Quarter 2024 Results on February 12, 2025
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) announced today that the Company will release its operating results for ...
2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
Agree Realty and VICI Properties are high-quality REITs with strong fundamentals and impressive total returns, but currently offer little margin of safety due to their run-up in share prices. Investin...
2 REITs To Buy After The Rally
REITs are up 40% on average over the past year. But some individual REITs are not up at all. I discuss 2 REITs that remain heavily discounted.
Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.295 per Share, an Increase of Approximately 2% Over Prior Quarter
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.295 per share...
9 Stocks I'm Buying As The Market Reaches A Rare Level Of Speculative Fervor
The U.S. stock market is highly valued, driven by Big Tech and AI investments, with speculative fervor reminiscent of the late 1990s. Some REITs, like W.P. Carey, face challenges due to poor capital a...
At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024
Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billio...
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
Essential Properties: One Of The Best REITs To Own, Just No Margin Of Safety (Rating Downgrade)
Owning REITs like Essential Properties Realty Trust offers real estate exposure without dealing with taxes, tenants, and toilets, making it a hassle-free investment. EPRT has shown strong performance ...
Essential Properties Realty: A 'Mini Realty Income' Packing A Punch
Essential Properties Realty leverages a proven net lease model, focusing on service-oriented, e-commerce-resistant properties for steady growth. With 99.9% occupancy, a diverse tenant base, and a stro...
Essential Properties: Time To Consider Rotation Into More Attractive REITs
Essential Properties Realty Trust (EPRT) is a high-quality, conservative REIT with a stable portfolio, but it's currently overvalued, making it less attractive for new investments. Despite strong fund...
2 REITs That Remain Undervalued
REITs have surged by nearly 40% on average. But some specific REITs missed out on this rally. I highlight 2 REITs that still present significant upside potential.
Essential Properties Realty Trust, Inc. (EPRT) Q3 2024 Earnings Call Transcript
Essential Properties Realty Trust, Inc. (EPRT) Q3 2024 Earnings Call Transcript
Essential Properties Announces Third Quarter 2024 Results
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) today announced operating results for the three and nine months ended Se...
Essential Properties Is The Best (And Most Expensive) Net Lease REIT
EPRT leads the net lease sector due to its unique business model focusing on middle-market, sale-leaseback transactions, and proactive risk management. Essential Properties' low cost of equity, cheap ...
Essential Properties: A REIT So Good, It's Practically Required
Essential Properties Realty Trust impresses with a solid business model, strong tenant relationships, and prudent management, making it an attractive long-term investment. EPRT's diversified tenant ba...