Essential Properties Realty Trust, Inc. (EPRT)

NYSE: EPRT · IEX Real-Time Price · USD
27.12
+0.11 (0.41%)
At close: May 9, 2024, 4:00 PM
27.19
+0.07 (0.26%)
After-hours: May 9, 2024, 4:31 PM EDT
0.41%
Market Cap 4.75B
Revenue (ttm) 379.41M
Net Income (ttm) 194.79M
Shares Out 175.31M
EPS (ttm) 1.22
PE Ratio 22.13
Forward PE 23.05
Dividend $1.14 (4.20%)
Ex-Dividend Date Mar 27, 2024
Volume 758,230
Open 27.14
Previous Close 27.01
Day's Range 26.89 - 27.25
52-Week Range 20.49 - 27.49
Beta 1.29
Analysts Strong Buy
Price Target 28.22 (+4.06%)
Earnings Date Apr 24, 2024

About EPRT

Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 properties. The company qualifies as a real estate investment trust for federa... [Read more]

Sector Real Estate
IPO Date Jun 21, 2018
Employees 40
Stock Exchange NYSE
Ticker Symbol EPRT
Full Company Profile

Financial Performance

In 2023, EPRT's revenue was $359.60 million, an increase of 25.51% compared to the previous year's $286.51 million. Earnings were $190.71 million, an increase of 42.18%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for EPRT stock is "Strong Buy." The 12-month stock price forecast is $28.22, which is an increase of 4.06% from the latest price.

Price Target
$28.22
(4.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

These 3 Real Estate Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Federal Realty Investment (NYSE:FRT), Essential Props Realty (NYSE:EPRT)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: FRTVTR
8 days ago - Benzinga

Essential Properties Announces First Quarter 2024 Results

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, 2...

15 days ago - Business Wire

Essential Properties Realty Trust, Inc. to Report First Quarter 2024 Results on April 24, 2024

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 ...

6 weeks ago - Business Wire

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

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today the pricing of an underwritten public offering of 9,000,000 shares of its common s...

2 months ago - Business Wire

Essential Properties Realty Trust, Inc. Announces 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 8,000,000 shares of its c...

2 months ago - Business Wire

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.285 per Share for the First Quarter of 2024

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 $0.285 per share...

2 months ago - Business Wire

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

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 gourme...

Other symbols: RRGB
2 months ago - Business Wire

Essential Properties Realty Trust, Inc. Announces Executive Promotions

PRINCETON, N.J.--(BUSINESS WIRE)--Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced the promotion of two executives. Max Jenkins has been promoted to EVP,...

2 months ago - Business Wire

Essential Properties Announces Fourth Quarter 2023 Results

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 and year ended De...

3 months ago - Business Wire

Essential Properties Realty Trust, Inc. Announces 2023 Dividend Tax Status

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that 86.0340% of the dividends paid to common shareholders for the 2023 tax year a...

3 months ago - Business Wire

Essential Properties Realty Trust, Inc. to Report Fourth Quarter 2023 Results on February 14, 2024

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 ...

4 months ago - Business Wire

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.285 per Share, a 1.8% Increase Over Prior Quarter

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 $0.285 per share...

5 months ago - Business Wire

Essential Properties Realty Trust, Inc. Announces Retirement of Paul T. Bossidy, Chairman of the Board, and Appointment of Scott A.

PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) announced today that Paul T. Bossidy has notified the Company of his int...

6 months ago - Business Wire

Essential Properties Announces Third Quarter 2023 Results

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 Se...

7 months ago - Business Wire

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

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 ...

8 months ago - Business Wire

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

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 ...

8 months ago - Business Wire

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

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 gourme...

Other symbols: RRGB
9 months ago - Business Wire

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

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 ...

9 months ago - Business Wire

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

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 Cred...

9 months ago - Business Wire

REITs Are Looking Up; Here Are 2 to Consider

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 symbols: BNL
10 months ago - GuruFocus

Essential Properties Announces Second Quarter 2023 Results

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 Jun...

10 months ago - Business Wire

Essential Properties Realty Trust, Inc. to Report Second Quarter 2023 Results on July 26, 2023

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 ...

11 months ago - Business Wire

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.28 per Share, a 1.8% Increase Over Prior Quarter

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 ...

11 months ago - Business Wire

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

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 gourme...

Other symbols: RRGB
1 year ago - Business Wire

Essential Properties Announces First Quarter 2023 Results

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, 2...

1 year ago - Business Wire