Essential Properties Realty Trust, Inc. (EPRT)

NYSE: EPRT · Real-Time Price · USD
31.70
-0.09 (-0.28%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.28%
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]

Sector Real Estate
IPO Date Jun 21, 2018
Employees 40
Stock Exchange NYSE
Ticker Symbol EPRT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$33.92
(7.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

Other symbols: ADCO
1 day ago - Seeking Alpha

What I Wish I Knew Before Investing In Dividend Stocks

Dividend investing has been very rewarding for me. However, I have learned a lot of lessons the hard way. I share some of the most important lessons I have learned in this article.

Other symbols: ADCAMLPAQNEPDETNEENEP
5 days ago - Seeking Alpha

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...

Other symbols: AMLPDKDKLKMIMLPXOSCHD
13 days ago - Seeking Alpha

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...

13 days ago - Seeking Alpha

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.

Other symbols: EXR
14 days ago - Seeking Alpha

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...

20 days ago - Seeking Alpha

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 ...

20 days ago - Business Wire

2 REITs Investors Should Own In 2025

The REIT market has something for everyone. There are income, growth, and deep value opportunities. But a few REITs have it all. We highlight 2 such REITs to own in 2025.

Other symbols: ADCAMTCCIMPWNNNOPLD
23 days ago - Seeking Alpha

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...

Other symbols: ADCGLPIKMXKRLOWOPEP
4 weeks ago - Seeking Alpha

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.

Other symbols: ADC
5 weeks ago - Seeking Alpha

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

6% Yielding REITs With Significant Upside Potential

REITs are priced at decade-low valuations. Such low valuations have historically resulted in very high returns. We highlight 2 REITs that offer high yield and upside potential.

Other symbols: ADCNLOPOQQQSILASPYVNQ
2 months ago - Seeking Alpha

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 months ago - Seeking Alpha

1 REIT To Sell And 1 REIT To Buy

The REIT market is not perfectly efficient. Some REITs are overpriced. Others are undervalued. I highlight a great example of that.

Other symbols: GMREHROSILAVNQ
2 months ago - Seeking Alpha

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.

Other symbols: CPTFPISAFEVNQ
3 months ago - Seeking Alpha

Essential Properties Realty Trust, Inc. (EPRT) Q3 2024 Earnings Call Transcript

Essential Properties Realty Trust, Inc. (EPRT) Q3 2024 Earnings Call Transcript

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

Yields Up To 9%: 3 REITs To Buy For 2025

Interest rates are now headed to lower levels. But REITs still offer up to 9% dividend yields. I highlight three of my favorite high yielding REITs for 2025.

Other symbols: ADCDEAIIPRMDVNNNOVICI
3 months ago - Seeking Alpha

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha