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 operates in the e-commerce/recession-resilient property sector, with 96.4% ABR derived from triple-net leases. EPRT's Q2 2024 performance showed intense investment activity, a high occupancy rate, and solid AFFO per share growth. EPRT remains a strong player with positive investment spreads, occupancy rates, and an effective investment strategy.

Essential Properties Realty Trust: Still Buyable, But The 'Bargain' Window Has Closed

Essential Properties Realty Trust offers stability and growth potential with a diverse portfolio of single tenant properties. EPRT has a well-supported dividend yield of 4% with an average growth CAGR of 5.7% over the last five years. Future dividend growth can be supported by FFO. EPRT's portfolio strength lies in its exposure to service-based businesses, retail, experience-focused, and industrials, with a high occupancy rate and long lease terms.

Essential Properties: Interest Rate Cuts Should Boost This REIT

Essential Properties Trust benefits from sale and leaseback trend, with a focus on single-tenant properties across 49 states in the U.S. Stable tenant profile with long-term leases, recession and e-commerce resilient businesses, and diversified geographical presence are traits to like about the company. Strong balance sheet, low cost of debt, and improving leverage reduces risks, but an expensive valuation at 16.3x P/AFFO, limits potential upside for investors.

Essential Properties: Not Essential To My Portfolio

Strong tenant relationships have Essential Properties Realty Trust, Inc. (EPRT) increasing its funds from operations.

Essential Properties Grows on Strong Operations, Finances

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A Must-Read Net Lease Masterclass For REIT Investors

Essential Properties Realty Trust, Inc. (NYSE:EPRT ) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Rob Salisbury – Head-Capital Markets Pete Mavoides – President and Chief Executive Officer Mark Patten – Chief Financial Officer AJ Peil – Head-Asset Management Conference Call Participants Haendel St. Juste – Mizuho Greg McGinniss – Scotiabank Eric Borden – BMO Capital Markets Caitlin Burrows – Goldman Sachs Smedes Rose – Citibank Ki Bin Kim – Truist Securities Michael Goldsmith – UBS John Massocca – B. Riley Securities Josh Dennerlein – Bank of America Spenser Allaway – Green Street Advisors Elmer Chang – Scotiabank Operator Good morning, ladies and gentlemen, and welcome to Essential Properties Realty Trust Second Quarter 2024 Earnings Conference Call.

Essential Properties Realty Trust, Inc. (EPRT) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Essential Properties (EPRT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Essential Properties (EPRT) Q2 Earnings: A Look at Key Metrics

Essential Properties (EPRT) came out with quarterly funds from operations (FFO) of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.41 per share a year ago.

Essential Properties (EPRT) Q2 FFO Match 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 six months ended June 30, 2024. Second Quarter 2024 Financial and Operating Highlights: Operating Results (compared to Second Quarter 2023):     ·Investments (83 properties) $ Invested $333.9 million Weighted Avg Cash Cap Rate 8.0% ·Dispositions (6 properties) Net Proceeds $4.8 million Weighted Avg Cash Cap Rate 7.3%.

Essential Properties Announces Second Quarter 2024 Results

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The Zacks REIT and Equity Trust - Retail industry stocks O, EPRT and ROIC are in focus amid limited supply and an emphasis on omnichannel retailing, adaptability and essential retail tenants.

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PRINCETON, N.J.--(BUSINESS WIRE)--Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced the closing of an amendment of the Company's Amended and Restated Credit Agreement, which added a new unsecured $450 million up to 5.5-year term loan facility with a delayed draw feature (the “2030 Term Loan”). The 2030 Term Loan initially bears interest at an annual rate of term SOFR plus an applicable margin. If the extension options are fully exercised by the Comp.

Essential Properties Realty Trust, Inc. Announces New $450 Million 5.5 Year Unsecured Term Loan

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Essential Properties Realty Trust is a David among Goliaths in the REIT space, which means that it can sometimes fly under the radar of investors. The triple net lease REIT's business model combines lease escalators with a favorable geographical and industrial breakdown. EPRT's portfolio of mostly non-investment grade tenants is countered by master leases and an investment-grade balance sheet itself.

Essential Properties: A Little-Known REIT That Is Buyable Now

Essential Properties Realty Trust continues to outperform peers due to lower-rated (non-investment grade) tenants, longer leases, and their conservative payout ratio. EPRT's strong fundamentals, including a lower leveraged balance sheet at just 3.6x, support future growth efforts. Despite being a potential M&A target, EPRT's performance, structure, and growth potential make it a buy recommendation.

Essential Properties: 4 Reasons Why This REIT Continues To Outperform

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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, 2024, after the market close on Wednesday, July 24, 2024. The Company will host its second quarter 2024 earnings conference call and audio webcast on Thursday, July 25, 2024, at 10:00 a.m. Eastern Time to discuss its operating results. A webcast of the conference c.

Essential Properties Realty Trust, Inc. to Report Second Quarter 2024 Results on July 24, 2024

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