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.

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PRINCETON, N.J.--(BUSINESS WIRE)--Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced, as part of its Essential Sustainability strategy, a partnership with Budderfly Inc. (“Budderfly”), the fastest growing Energy-Efficiency-as-a-Service ("EEaaS") provider in the United States. The Company's first sustainability partnership aims to deliver operating savings to its tenants by deploying sustainability upgrades that are estimated to reduce the carbon foot

Essential Properties Realty Trust, Inc. Announces Sustainability Partnership with Budderfly Inc.

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 $0.27 per share of common stock for the third quarter of 2022. This represents an annualized dividend of $1.08 per share of common stock. The dividend is payable on October 14, 2022 to stockholders of record as of the close of business on September 30, 2022. About Essential Properties Realty Trust, Inc. Essential

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.27 per Share for the Third Quarter of 2022

Management raises outlook and expects 2022 AFFO to increase 14% YoY. The portfolio is becoming more diversified in other industries.

Essential Properties Realty Trust: Now Is Your Chance To Buy

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today the pricing of an underwritten public offering of 7,600,000 shares of its common stock at a public offering price of $23.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,140,000 shares of common stock. The Company expects to use the net proceeds from the offering to repay amounts outstanding on its revolving credit facility

Essential Properties Realty Trust, Inc. Announces Pricing of Upsized Primary Public Offering of Common Stock

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that it has commenced an underwritten public offering of 6,500,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 975,000 shares of common stock. The Company expects to use the net proceeds from the offering to repay amounts outstanding on its revolving credit facility and for general corporate purposes,

Essential Properties Realty Trust, Inc. Announces Primary Public Offering of Common Stock

Essential Properties Realty Trust, Inc. (NYSE:EPRT ) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET Company Participants Daniel Donlan - Senior Vice President & Head of Capital Markets Mark Patten - Executive Vice President & Chief Financial Officer Peter Mavoides - President & Chief Executive Officer Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the Essential Properties Realty Trust Second Quarter 2022 Earnings Conference Call. [Operator Instructions] This conference call is being recorded, and a replay of the call will be available 2 hours after the completion of the call for the next 2 weeks.

Essential Properties Realty Trust, Inc. (EPRT) CEO Peter Mavoides on Q2 2022 Results - Earnings Call Transcript

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 six months ended June 30, 2022. Second Quarter 2022 Financial and Operating Highlights: Operating Results (compared to Second Quarter 2021):     Investments (39 properties) $ Invested $175.7 million   Weighted Avg Cash Cap Rate 7.0% Dispositions (8 properties) Net Proceeds $26.1 million   Weighted Avg Cash Cap Rate 6.

Essential Properties Announces Second Quarter 2022 Results

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 second quarter ended June 30, 2022 after the market close on Thursday, July 28, 2022. The Company will host its second quarter 2022 earnings conference call and audio webcast on Friday, July 29, 2022, at 11:00 a.m. Eastern Time to discuss its operating results. A webcast of the conference call

Essential Properties Realty Trust, Inc. to Report Second Quarter 2022 Results on July 28, 2022

Last December, I named Essential Properties Realty Trust as one of 16 REITs likely to outperform the REIT average in 2022. That prediction has not panned out so far. While Net Lease REITs have been the third-best performing REIT sector this year, Essential Properties has lagged the sector average.

Essential Properties Realty Trust: 4.9% Yield, 23% Upside, Rock Solid

EPRT is a diversified net lease REIT with a portfolio serving smaller businesses across the US. Shares have sold off nearly 25% YTD along with broader markets, offering new investors a solid entry point.

Essential Properties Realty Trust: The Next Net Lease REIT I Am Looking To Buy

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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 $0.27 per share of common stock for the second quarter of 2022. On an annualized basis, this dividend of $1.08 per share of common stock represents an increase of $0.04 per share over the previous annualized dividend. The dividend is payable on July 14, 2022, to stockholders of record as of the close of business o

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.27 per Share, a 3.8% Increase Over Prior Quarter

The heavy selling pressure might have exhausted for Essential Properties (EPRT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down 12.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Essential Properties (EPRT)

EPRT's business model is to engage in sale-leasebacks with middle-market companies that are otherwise bank-dependent. Since interest rates are rising, sale-leasebacks have become a more attractive form of long-term financing than debt for these middle-market companies.

Essential Properties Realty Trust: Investing In Mid-Sized American Businesses Through Sale-Leasebacks

Essential Properties Realty Trust, Inc. (NYSE:EPRT ) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Daniel Donlan - SVP & Head, Capital Markets Peter Mavoides - President, CEO & Director Gregg Seibert - EVP & COO Mark Patten - EVP, CFO & Treasurer Conference Call Participants Greg McGinniss - Scotiabank Michael Bilerman - Citi Sheila McGrath - Evercore Nathan Crossett - Berenberg Caitlin Burrows - Goldman Sachs John Massocca - Ladenburg Joshua Dennerlein - Bank of America Ki Bin Kim - Truist Securities Operator Good morning, ladies and gentlemen, and welcome to Essential Properties Realty Trust First Quarter 2022 Earnings Conference Call. The brief question and answer session will follow the formal presentation.

Essential Properties Realty Trust, Inc. (EPRT) CEO Peter Mavoides on Q1 2022 Results - Earnings Call Transcript

Essential Properties (EPRT) delivered FFO and revenue surprises of 2.70% and 6.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Essential Properties (EPRT) Q1 FFO and Revenues Top 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 months ended March 31, 2022. First Quarter 2022 Financial and Operating Highlights Operating Results (compared to First Quarter 2021):     Investments (105 properties) $ Invested $237.8 million   Weighted Avg Cash Cap Rate 7.0% Net Income per Share Increased by 50% $0.21 Funds from Operations ("FFO") per Share Increased b

Essential Properties Announces First Quarter 2022 Results

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 first quarter ended March 31, 2022 after the market close on Wednesday, April 27, 2022. The Company will host its first quarter 2022 earnings conference call and audio webcast on Thursday, April 28, 2022, at 10:00 a.m. Eastern Daylight Time to discuss its operating results. A webcast of the con

Essential Properties Realty Trust, Inc. to Report First Quarter 2022 Results on April 27, 2022

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