Essential Properties Realty Trust Inc

Essential Properties Realty Trust, Inc. engages in the acquisition, and management of single-tenant properties that are net leased on a long-term basis to middle-market companies, which operates service-oriented or experience-based businesses. Its portfolio includes the following: Captain D's, Art Van Furniture, Mister and Zips Car Wash, AMC Theaters, Perkins, 84 Lumber, Mirabito, Ruby Tuesday and White Oak Station. The company was founded on January 12, 2018 and is headquartered in Princeton, NJ.

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Essential Properties Realty Trust excels in Q4 2022 earnings call

Essential Properties Realty Trust delivered a strong performance in Q4 2022, with record investments and solid financial metrics.
The company's diversified portfolio, reaffirmed guidance, and strategic investments position it well for future growth.
While facing challenges such as market volatility and asset dispositions, EPRT remains focused on leveraging opportunities for expansion and operational optimization.
Maintaining a balanced approach to risk management and growth strategies will be crucial for EPRT's continued success in the dynamic real estate market.

Essential Properties Realty Trust excels in Q1 2023 earnings call

Essential Properties Realty Trust's Q1 2023 showcased resilience and growth potential amidst market uncertainties. Strategic acquisitions, strong tenant health, and proactive risk management position the company well for future success.

Essential Properties Realty Trust Inc (EPRT) reports strong Q2 performance and outlook

Essential Properties Realty Trust Inc (EPRT) demonstrated solid performance in Q2, driven by a strong portfolio and investment activity. The company's focus on tenant diversity, conservative balance sheet, and increased guidance reflect a positive outlook. While challenges exist in property sales and market dynamics, EPRT's liquidity and strategic approach present growth opportunities.

Essential Properties Realty Trust (EPRT) reports robust Q3 performance and outlines growth strategies for 2024

Essential Properties Realty Trust (EPRT) delivered a strong performance in Q3 2023, driven by portfolio strength and active investment activities, positioning the company for continued growth.
Despite challenges like tenant-specific risks and industry exposures, EPRT's robust portfolio, capital market activities, and growth strategies offer opportunities for sustained performance and value creation.
Investors can look forward to EPRT's 2024 growth trajectory, supported by solid financial metrics, strategic capital deployment, and a focus on enhancing shareholder returns.

Essential Properties Realty Trust (EPRT) excels in Q4 earnings, poised for strategic growth

Essential Properties Realty Trust (EPRT) reported a strong Q4 performance, with robust investments and AFFO growth. The company's portfolio metrics and liquidity position are solid, setting the stage for continued investment activity.
EPRT's disciplined portfolio management, focus on tenant relationships, and operational resilience are key strengths. However, challenges include addressing asset durability, credit risks, and operational complexities.
Opportunities lie in leveraging financial strength for further investments, maintaining tenant relationships for long-term stability, and optimizing portfolio performance. EPRT's strategic focus on asset-level operations positions it well for future growth.

Essential Properties Realty Trust (EPRT) excels in Q1 2024, poised for strategic growth

Essential Properties Realty Trust (EPRT) demonstrated robust performance and financial strength in Q1 2024, underpinned by a resilient portfolio and strategic investments.
While facing challenges in funding mix and market competition, EPRT's focus on stability, growth, and prudent financial management positions it well for future opportunities.
With a solid foundation, ample liquidity, and a clear growth strategy, EPRT is poised to navigate challenges, capitalize on opportunities, and deliver value to investors.

Essential Properties Realty Trust (EPRT) reports solid Q2 performance

EPRT's Q2 performance reflects steady growth driven by strategic investments and a resilient tenant base.
With a robust portfolio, strong balance sheet, and reiterated guidance, EPRT is poised for continued success in 2024.
While facing challenges in a competitive market, EPRT can leverage opportunities to enhance operational efficiency and drive sustainable growth.

Essential Properties Realty Trust (EPRT) reports strong Q3 performance and optimistic 2025 outlook

Essential Properties Realty Trust (EPRT) showcased a robust Q3 performance with strong financial metrics and a positive outlook for 2025. Their strategic investments, focus on tenant diversity, and disciplined portfolio management were key highlights. While challenges exist in market uncertainties and expense management, EPRT is well-positioned to leverage opportunities for growth through strategic acquisitions and operational enhancements.

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Essential Properties Realty Trust, Inc. engages in the acquisition, ownership, and management of single-tenant properties that are net leased on a long-term basis. Its portfolio includes the following: Captain D's, Art Van Furniture, Mister and Zips Car Wash, AMC Theaters, Perkins, 84 Lumber, Mirabito, Ruby Tuesday, and White Oak Station. The company was founded on January 12, 2018 and is headquartered in Princeton, NJ.

Essential Properties Realty Trust offers a solid value buy opportunity with an appealing yield. EPRT focuses on middle-market tenants and has a long weighted average lease term with focus on e-commerce resistant tenants. It also has a strong balance sheet and continues to achieve impressive growth, making it a good complementary holding to peers Realty Income and NNN REIT.

Essential Properties: Don't Wait To Buy This Sweet REIT Bargain

Realty Income Corp

EPRT has a unique strategy which enables faster AFFO per share growth. But this comes at a cost. I discuss whether the trade-off is worth it and compare the stock to Realty Income.

Essential Properties Will Likely Outgrow Realty Income, But At A Cost

Essential Properties Realty Trust, Inc. (NYSE:EPRT ) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Rob Salisbury – Senior Vice President and Head-Capital Markets Pete Mavoides – President and Chief Executive Officer Mark Patten – Executive Vice President and Chief Financial Officer Conference Call Participants Ravi Vaidya – Mizuho Nick Joseph – Citi Elmer Chang – Scotiabank Sanket Agrawal – Evercore ISI Ki Bin Kim – Truist Securities Farrell Granath – Bank of America Spenser Allaway – Green Street Advisors Operator Good morning, ladies and gentlemen, and welcome to Essential Properties Realty Trust Third Quarter 2023 Earnings Conference Call. [Operator Instructions] This conference call is being recorded and a replay of the call will be available two hours after the completion of the call for the next two weeks.

Essential Properties Realty Trust, Inc. (EPRT) Q3 2023 Earnings Call Transcript

Essential Properties (EPRT) came out with quarterly funds from operations (FFO) of $0.42 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.38 per share a year ago.

Essential Properties (EPRT) Meets Q3 FFO Estimates

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 September 30, 2023. Third Quarter 2023 Financial and Operating Highlights: Operating Results (compared to Third Quarter 2022):     Investments (65 properties) $ Invested $213.3 million   Weighted Avg Cash Cap Rate 7.6% Dispositions (10 properties) Net Proceeds $28.5 million   Weighted Avg Cash Cap Ra.

Essential Properties Announces Third Quarter 2023 Results

W. P. Carey

REITs have been negatively impacted by rising interest rates, but some oversold REITs, like W. P. Carey and Essential Properties Realty Trust, may be good buying opportunities. Both W. P. Carey and Essential Properties Realty Trust are triple net lease REITs, offering steady and predictable income streams for investors. We compare them side by side and offer our take on which is the better buy right now.

Buy The Dip In High Yield REITs: Essential Properties Stock Vs. W. P. Carey Stock

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It takes nine months (0.74 R-Squared) for interest rates to impact private real estate valuations. This mismatch between public and private valuations inhibits net lease REITs' ability to acquire accretively. Recent increase in interest rates indicates cap rates will expand by +73bps over the next nine months despite management commentary of stabilization on 2Q23 earnings calls.

Net Lease REITs: Holding Off Until Cap Rates Stabilize

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REITs are an exciting sector for investors. They offer exposure to the real estate market with little capital to purchase real estate properties.

The 7 Best REITs To Buy Now: October 2023

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Dividend stocks can still be a valuable portfolio addition when other securities have high yields. It's important not to chase big yields in down markets.

Dividend Picks For Growth And Safety With Steven Cress

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 the third quarter ended September 30, 2023, after the market close on Wednesday, October 25, 2023. The Company will host its third quarter 2023 earnings conference call and audio webcast on Thursday, October 26, 2023, at 10:00 a.m. Eastern Time to discuss its operating results. A webcast of the con.

Essential Properties Realty Trust, Inc. to Report Third Quarter 2023 Results on October 25, 2023

Essential Properties Realty Trust is a net lease focused on smaller single-tenant properties leased to service-oriented tenants through sale leaseback transactions. The company has prospects to grow as it has been able to acquire properties at above market cap rates and they have enough capital to continue with buying more properties. I present my analysis which leads me to a buy rating.

Essential Properties: Well Positioned To Deliver Positive Returns

Essential Properties Realty Trust has a diversified portfolio of 1742 properties across 48 states, with a focus on service-related industries. EPRT's portfolio is robust and resilient, with high occupancy rates, strong rent coverage, and a weighted average lease term of over 14 years. The Company has also a strong capital structure with a well-laddered debt maturity profile. First maturities kick in around 2027 and, until then, are isolated from interest rate risk.

Essential Properties Realty Trust: Undervalued With Growing Dividend

AvalonBay Communities

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REITs' business usually buoys up on a stepped-up economy and a resilient job market, and therefore investing in WELL, AVB, EPRT and SBAC seems prudent.

4 REITs to Consider as Economic Growth Projections Move North

American Tower

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REITs are still paying out dividends, with many even raising their dividends in recent months. Dividend growth is a sign of confidence in a REIT's future and stability. Three REITs worth considering are Sun Communities, American Tower, and Essential Properties Realty Trust.

The Safest Dividend Is The One That's Just Been Raised

Essential Properties Realty Trust has a presence in 48 out of 50 states in the US, with a focus on Sunbelt states. EPRT has a diverse portfolio of 1,750 commercial properties, with 99.9% occupancy and 360 renters operating 560 brands. We look at the valuation of this triple net REIT and tell you why Bob Marley's picture is gracing this article.

Essential Properties: I Bought The Debt, But I Didn't Buy The Equity

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 $0.28 per share of common stock for the third quarter of 2023. This represents an annualized dividend of $1.12 per share of common stock. The dividend is payable on October 13, 2023, to stockholders of record as of the close of business on September 29, 2023. About Essential Properties Realty Trust, Inc. Essential.

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.28 Per Share for the Third Quarter of 2023

Red Robin

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) (“Red Robin” or the “Company”), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced it completed a second Sale-Leaseback transaction with Essential Properties Realty Trust, Inc. (NYSE: EPRT) to sell and simultaneously lease-back nine owned properties. The transaction generated gross proceeds of approximately $31 million. T.

Red Robin Gourmet Burgers, Inc. Completes Second Sale-Leaseback Transaction With Essential Properties Realty Trust, Inc.

PRINCETON, N.J.--(BUSINESS WIRE)--Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced the recent appointments of Kristin M. Walker as Senior Vice President – Real Estate Counsel and Robert W. Salisbury as Senior Vice President – Capital Markets. Prior to joining EPRT, Ms. Walker most recently practiced as a shareholder with Polsinelli PC, based in their Denver, Colorado office. Ms. Walker has over 17 years of legal experience specializing in commercia.

Essential Properties Realty Trust, Inc. Announces Key Additions to Senior Management Team

Essential Properties' total return over the last 5 years has almost doubled that of the S&P 500. EPRT's occupancy rating stood at 99.9% at the end of Q2 due to its differentiated investment platform of focusing on non investment-grade tenants. Due to the current macro environment many REITs including EPRT are trading at attractive prices offering investors potential double digit upside.

Essential Properties: STORE Capital 2.0? Promising Growth Prospects

EPR Properties

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NETLease Corporate Real Estate ETF

REITs have experienced a selloff, creating attractive valuations and high dividend yields in the net lease REIT sector. The key to unlocking value in REITs is selecting stocks that demonstrate growth potential. Net lease REITs with the most favorable cost of capital include Agree Realty, Four Corners Property Trust, Realty Income, NETSTREIT, Essential Properties Realty Trust, and VICI Properties.

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REITs are currently undervalued. And insiders are buying millions worth of shares. I highlight three REITs with significant insider purchases.

Insider Buys: 3 REITs With $1+ Million Investments

Essential Properties Realty Trust, Inc. has held up well compared to other REITs this year, suggesting it has unique strengths. The REIT operates a single-tenant commercial real estate model with a strong value proposition and unique diversification. The REIT's cash-on-cash returns have increased, indicating a high rental yield relative to purchase price, but valuation risks remain.

Essential Properties: Rising Cash-On-Cash Returns, But Beware Of Emerging Risks

Broadstone Net Lease

Major real estate investment trusts across the U.S. are up by approximately 2.5% quarter over quarter, suggesting that investors have started testing the waters. Although most REITs have lagged behind other risk-on assets since the turn of the year, key indicators suggest a shift in sentiment is on the horizon.

REITs Are Looking Up; Here Are 2 to Consider

Essential Properties Realty Trust, Inc. (NYSE:EPRT ) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Mark Patten - Executive Vice President & Chief Financial Officer Pete Mavoides - President & Chief Executive Officer Conference Call Participants Spenser Allaway - Green Street Advisors Josh Dennerlein - Bank of America Greg McGinniss - Scotiabank Nick Joseph - Citi Ki Bin Kim - Truist Securities Operator Good morning, ladies and gentlemen, and welcome to Essential Properties Realty Trust Second Quarter 2023 Earnings Conference Call. [Operator Instructions] This conferences call is being recorded.

Essential Properties Realty Trust, Inc. (EPRT) Q2 2023 Earnings Call Transcript

Essential Properties (EPRT) came out with quarterly funds from operations (FFO) of $0.41 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.38 per share a year ago.

News for Essential Properties Realty Trust Inc Stock (EPRT)