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Essential Properties Realty Trust Inc (EPRT) |
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Price: $24.5500
$0.80 
3.368%
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| Day's High:
| $24.56
| Week Perf:
| 3.94 %
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| Day's Low: |
$ 23.60 |
30 Day Perf: |
9.01 % |
| Volume (M): |
1,307 |
52 Wk High: |
$ 26.43 |
| Volume (M$): |
$ 32,094 |
52 Wk Avg: |
$23.84 |
| Open: |
$23.66 |
52 Wk Low: |
$20.49 |
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| Market Capitalization (Millions $) |
3,859 |
| Shares
Outstanding (Millions) |
157 |
| Employees |
61 |
| Revenues (TTM) (Millions $) |
336 |
| Net Income (TTM) (Millions $) |
178 |
| Cash Flow (TTM) (Millions $) |
-102 |
| Capital Exp. (TTM) (Millions $) |
1 |
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
| EPRT is expected to report next financial results on February 14, 2024. |
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| Stock Performances by Major Competitors |
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Power Reit
Power Reit, a Real Estate Investment Trusts company, recently reported disappointing financial results for the July to September 30, 2023 time-frame. The company's revenue experienced a significant decline of 75.666%, reaching only $0.49 million. Additionally, the shortfall per share increased to $-3.01 from the same reporting season a year ago. This drastic decrease in business stands in stark contrast to the average revenue growth observed in the Real Estate Investment Trusts industry during the same period.
In comparison to the preceding reporting season, where the company had a shortfall per share of $-0.69 and revenue of $0.22 million, Power Reit saw a sequential revenue increase of 124.202%. However, despite this increase, the company still experienced a net shortfall of $-10.023 million for the financial third quarter of 2023, compared to zero gains during the same reporting season the previous year.
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Calethos Inc
Following the recent reports from bellwethers in the Real Estate Investment Trusts (REITs) industry, attention is shifting to some overlooked corporations, including RSRT and Calethos Inc., as they prepare to release their financial results. RSRT has recently announced an operating shortfall of $-0.092 million for the third quarter of 2023. As the corporation continues to develop, shareholders eagerly await the implementation of a new business model as soon as possible, as they do not solely rely on the current productivity improvements at the company.
Despite the current circumstances, it is important to note that profitability has a minimal impact on the organization. In fact, RSRT suffered a deficit of $-0.098 million in the third quarter of 2023, despite its profitability in the same period of 2022. These figures highlight the volatility and unpredictability of the REITs industry, where market conditions and a company's specific situation can greatly impact their financial outcomes.
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Empire State Realty Op L P
Over the course of the last five trading days, Empire State Realty Op L P shares have experienced a decline of -2.39%. This brings their year-to-date performance to a positive 24.92%. Currently, Empire State Realty Op L P shares are trading on the NYSEArca at a value that is 13.8% above its 52-week average.
Despite the recent decline in share value, Empire State Realty Op L P posted very strong profitability numbers in the fiscal third quarter of 2023. During this period, their income per share increased significantly by 133.33% to $0.07 per share. Additionally, their revenue grew moderately by 4.253% to $191.53 million compared to the same reporting season the previous year.
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Strawberry Fields Reit Inc
In a world of uncertainty, one sector remains steadfast and reliable ? the stock market. And within the realm of the stock market, Real Estate Investment Trusts (REITs) have always been a safe bet for investors. Today, we bring you some exciting news about a particular REIT company that experienced mixed earnings in the most recent fiscal period.
Strawberry Fields REIT Inc, known for its dedication to growth and innovation, reported a fascinating set of earnings. While revenue increased by a remarkable 6.338% to $25.77 million compared to the prior year, there was a slight decline in earnings per share, which dropped by -47.06% to $0.09 per share.
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Umh Properties Inc
UMH Properties Inc, a Real Estate Investment Trust (REIT) company, disappointed investors with its fiscal third quarter (Q3) 2023 financial results. Despite a marginal improvement in revenue, the company reported a significant increase in losses compared to the previous quarter. Moreover, UMH Properties Inc's underperformance relative to its sector peers and its low stock performance raise concerns about its future prospects.
Unimpressive Financial Performance
UMH Properties Inc recorded a loss per share of $-0.09 in Q3 2023, showing a slight improvement from the previous year's $-0.18 loss per share. However, this improvement is overshadowed by the fact that the company's losses increased from $-0.07 per share compared to the prior quarter. These results indicate a lack of operational efficiency and suggest that the company is struggling to control its costs effectively.
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| Per Share |
Current |
| Earnings (TTM) |
1.15 $ |
| Revenues (TTM) |
2.14 $
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| Cash Flow (TTM) |
- |
| Cash |
0.23 $
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| Book Value |
18.05 $
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| Dividend (TTM) |
1.11 $ |
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| Per Share |
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| Earnings (TTM) |
1.15 $
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| Revenues (TTM) |
2.14 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.23 $
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| Book Value |
18.05 $ |
| Dividend (TTM) |
1.11 $ |
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