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Essential Properties Realty Trust Inc   (EPRT)
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Price: $33.0300 $0.52 1.600%
Day's High: $33.08 Week Perf: 0.89 %
Day's Low: $ 32.34 30 Day Perf: 0.67 %
Volume (M): 699 52 Wk High: $ 34.51
Volume (M$): $ 23,085 52 Wk Avg: $26.94
Open: $32.44 52 Wk Low: $20.49



 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


   

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Essential Properties Realty Trust Inc

Essential Properties Realty Trust Inc Reports Strong Revenue Yet Faces EPS Decline for Fiscal Quarter Ending June 30, 2024


Essential Properties Realty Trust Inc. Reports Impressive Q2 2024 Financial Results Amid Stock Surge
Overview of Financial Performance
Essential Properties Realty Trust Inc. (NYSE: EPRT) recently announced its financial results for the second quarter of 2024, where it posted an earnings per share (EPS) of $0.29 and total revenue of $103.50 million. While this reflects a decline in EPS from $0.35 in the same quarter last year, it is noteworthy that revenue surged by 26.3% year-over-year, marking a strong performance compared to industry peers. In Q2 2024, the average growth of revenue in the Real Estate Investment Trusts (REITs) industry was only 11.07%.
Despite the decrease in income, Essential Properties achieved a 3.57% improvement in EPS from the previous quarter, where it recorded $0.28 per share, indicating ongoing operational resilience.

Dividend

Essential Properties Realty Trust Announces Strong Second Quarter 2024 Results Amidst Market Success

Published Wed, Jul 24 2024 9:57 PM UTC


Essential Properties Realty Trust, Inc. (NYSE: EPRT) recently released its operating results for the second quarter of 2024, showcasing impressive financial and operating highlights. The company reported investments totaling $333.9 million across 83 properties, with a weighted average cash cap rate of 8.0%. Additionally, Essential Properties Realty Trust disposed of 6 p...

Business Update

Essential Properties Realty Trust Secures $450 Million Unsecured Term Loan to Propel Expansion Strategy

Published Fri, Jul 12 2024 4:32 AM UTC

Essential Properties Realty Trust, Inc. Announces New $450 Million Unsecured Term Loan to Fuel Growth and ExpansionPrinceton, N.J. - In a significant move to support its growth and expansion strategy, Essential Properties Realty Trust, Inc. (NYSE: EPRT) announced the successful closing of an amendment to its Amended and Restated Credit Agreement. This amendment introduced a ...

Dividend

Essential Properties Realty Trust Boosts Dividend for Q2 2024, Demonstrating Commitment to Shareholders' Success

Published Wed, Jun 5 2024 12:48 AM UTC

Essential Properties Realty Trust Increases Dividend for Second Quarter of 2024
Princeton, N.J. - Essential Properties Realty Trust, Inc. (NYSE: EPRT) has recently made an exciting announcement that will surely please its investors. The company's Board of Directors has declared a quarterly cash dividend of $0.29 per share of common stock for the second quarter of 2024. T...

Dividend

Essential Properties Realty Trust Increases Dividend, Reflecting Strong Performance and Confidence in Future Growth

Published Tue, Jun 4 2024 12:48 AM UTC



PRINCETON, N.J. - Essential Properties Realty Trust, Inc. (NYSE: EPRT) has recently declared an encouraging update for its shareholders, with the announcement of a quarterly cash dividend of $0.29 per share of common stock for the second quarter of 2024. This decision reflects the Company's continuous commitment to enhancing value for its shareholders and highlight...







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