Market Capitalization (Millions $) |
5,866 |
Shares
Outstanding (Millions) |
178 |
Employees |
61 |
Revenues (TTM) (Millions $) |
402 |
Net Income (TTM) (Millions $) |
194 |
Cash Flow (TTM) (Millions $) |
10 |
Capital Exp. (TTM) (Millions $) |
0 |
Essential Properties Realty Trust Inc
Essential Properties Realty Trust Inc. is a publicly traded real estate investment trust (REIT) that primarily invests in single-tenant properties that are essential to the operations of their tenants. The company's primary focus is on retail, industrial, and healthcare properties. Its properties are typically net leased, meaning that the tenant is responsible for most of the operating expenses, including property taxes, maintenance, insurance, and other related costs.
The company was founded in 2018 and is headquartered in Princeton, New Jersey. It operates through a national network of regional offices and has over 1,000 properties in its portfolio. Its properties are located in 47 states and Puerto Rico.
Essential Properties Realty Trust's investment approach is to acquire properties with long-term leases, typically 10 to 20 years or more. The company's tenants are primarily investment-grade or rated below investment-grade, and are typically operating in recession-resistant industries. This approach provides the company with a stable and predictable stream of rental income while minimizing its exposure to market volatility.
The company uses a disciplined underwriting process to evaluate the creditworthiness of its tenants and assess the quality and value of its properties. It also actively manages its portfolio, with a focus on growing its asset base and optimizing its balance sheet. The company's financial strategy emphasizes preserving liquidity and maintaining low leverage ratios.
Essential Properties Realty Trust's executive management team has deep experience in the real estate industry, with an average of over 25 years of experience. The company is publicly traded on the New York Stock Exchange under the ticker symbol "EPRT."
Overall, Essential Properties Realty Trust Inc. is a well-established and highly respected REIT that provides investors with an attractive risk-adjusted return by investing in high-quality essential properties with long-term leases to creditworthy tenants.
Company Address: 902 Carnegie Center Blvd. Princeton 8540 NJ
Company Phone Number: 436-0619 Stock Exchange / Ticker: NYSE EPRT
|