Essential Properties Realty Trust, Inc. (EPRT)

NYSE: EPRT · Real-Time Price · USD
31.81
-0.11 (-0.34%)
Feb 20, 2025, 4:00 PM EST - Market open
-0.34%
Market Cap 5.99B
Revenue (ttm) 449.61M
Net Income (ttm) 202.53M
Shares Out 188.25M
EPS (ttm) 1.15
PE Ratio 27.73
Forward PE 24.95
Dividend $1.16 (3.65%)
Ex-Dividend Date Dec 31, 2024
Volume 997,736
Open 31.81
Previous Close 31.92
Day's Range 31.56 - 32.13
52-Week Range 23.58 - 34.88
Beta 1.43
Analysts Strong Buy
Price Target 34.48 (+8.39%)
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Jun 21, 2018
Employees 48
Stock Exchange NYSE
Ticker Symbol EPRT
Full Company Profile

Financial Performance

In 2024, EPRT's revenue was $449.61 million, an increase of 25.03% compared to the previous year's $359.60 million. Earnings were $202.53 million, an increase of 6.43%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for EPRT stock is "Strong Buy." The 12-month stock price forecast is $34.48, which is an increase of 8.39% from the latest price.

Price Target
$34.48
(8.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Essential Properties Realty Trust, Inc. (EPRT) Q4 2024 Earnings Call Transcript

Essential Properties Realty Trust, Inc. (NYSE:EPRT) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Robert Salisbury - Senior Vice President and Head of Capital Ma...

7 days ago - Seeking Alpha

Essential Properties Announces Fourth 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 months and year ended De...

8 days ago - Business Wire

Buy The Dip: Big Dividends Getting Way Too Cheap

My strategy involves buying high-quality, high-yield stocks at discounts, holding until they re-appreciate, and then selling to reinvest in undervalued stocks. I share some of the most attractive, hig...

Other symbols: ADCDVNFANGNOBLOPRSCHD
14 days ago - Seeking Alpha

Essential Properties Realty Trust, Inc. Announces Expanded $2.3 Billion Unsecured Credit Facility

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”), announced today that the Company has closed an amendment to its existin...

14 days ago - Business Wire

7% Yielding Growth REITs Getting Way Too Cheap

7% Yielding Growth REITs Getting Way Too Cheap

Other symbols: OSILAVNQ
15 days ago - Seeking Alpha

3 Big Dividend Laggards That Could Still Crush The Market In 2025

There are numerous high-quality, high-yielding stocks that trade at compelling bargains. I share three that have been lagging the S&P 500 so far this year that I think could turn it around and end up ...

Other symbols: ADCARCCBXSLGBDCKMIOTRP
21 days ago - Seeking Alpha

Essential Properties: Emerging Tenant Woes In Net Lease

Commercial real estate, especially net lease REITs, faces volatility due to rising interest rates and inflation, impacting valuations and investor sentiment. Essential Properties Realty Trust stands o...

4 weeks ago - Seeking Alpha

My Biggest Losses Of 2024

No one bats a thousand. Not me. Not you. Not Warren Buffett. I suffered massive losses on two investments in 2024. Here they are.

4 weeks ago - Seeking Alpha

Essential Properties Realty Trust, Inc. Announces 2024 Dividend Tax Status

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that 92.6580% of the dividends paid to common shareholders for the 2024 tax year a...

4 weeks ago - Business Wire

2 High-Quality Dividends We Love, But Not At This Price

A critical aspect of a dividend compounding is a buy-and-hold strategy. Yet, if the valuations become too rich, it could create a drag for income compounding given the reduced reinvestment yields. In ...

Other symbols: MAIN
4 weeks ago - Seeking Alpha

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
4 weeks 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
6 weeks 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...

6 weeks 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
6 weeks 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...

7 weeks 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 ...

7 weeks 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
7 weeks 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
2 months 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
2 months 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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 ...

3 months 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...

3 months ago - Seeking Alpha