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 services, convenience stores, entertainment, early childhood education, and health and fitness on a long-term basis. As of March 31, 2018, it had a portfolio of 530 properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2016 and is based in Princeton, New Jersey.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:EPRT
Previous Symbol
CUSIPN/A
Phone609-306-8676
Debt
Debt-to-Equity Ratio0.62
Current Ratio12.86
Quick Ratio12.86
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$54.49 million
Price / Sales10.98
Cash FlowN/A
Price / CashN/A
Book Value$18.63 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees19
Outstanding Shares43,750,000
Market Cap$602.42 million
OptionableOptionable
Essential Properties Realty Trust (NYSE:EPRT) Frequently Asked Questions
What is Essential Properties Realty Trust's stock symbol?
Essential Properties Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPRT."
How often does Essential Properties Realty Trust pay dividends? What is the dividend yield for Essential Properties Realty Trust?
Essential Properties Realty Trust announced a special dividend on Thursday, September 6th. Shareholders of record on Friday, September 28th will be paid a dividend of $0.224 per share on Friday, October 12th. The ex-dividend date is Thursday, September 27th. View Essential Properties Realty Trust's Dividend History.
How were Essential Properties Realty Trust's earnings last quarter?
Essential Properties Realty Trust Inc (NYSE:EPRT) released its quarterly earnings data on Monday, November, 5th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.02. The company earned $25.74 million during the quarter, compared to analyst estimates of $25.60 million. View Essential Properties Realty Trust's Earnings History.
When is Essential Properties Realty Trust's next earnings date?
What guidance has Essential Properties Realty Trust issued on next quarter's earnings?
Essential Properties Realty Trust updated its FY 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $1.11-1.15 for the period.
What price target have analysts set for EPRT?
7 equities research analysts have issued 1-year price objectives for Essential Properties Realty Trust's shares. Their forecasts range from $14.00 to $16.00. On average, they anticipate Essential Properties Realty Trust's stock price to reach $15.1333 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Essential Properties Realty Trust.
What is the consensus analysts' recommendation for Essential Properties Realty Trust?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essential Properties Realty Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Essential Properties Realty Trust.
Has Essential Properties Realty Trust been receiving favorable news coverage?
Media stories about EPRT stock have trended very positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Essential Properties Realty Trust earned a news impact score of 3.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the near term.
Are investors shorting Essential Properties Realty Trust?
Essential Properties Realty Trust saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 754,635 shares, a drop of 45.6% from the September 28th total of 1,387,062 shares. Based on an average daily trading volume, of 388,715 shares, the days-to-cover ratio is currently 1.9 days. Approximately 2.1% of the shares of the stock are short sold. View Essential Properties Realty Trust's Current Options Chain.
Who are some of Essential Properties Realty Trust's key competitors?
Some companies that are related to Essential Properties Realty Trust include Brookfield Property Reit (BPR), Potlatchdeltic (PCH), Acadia Realty Trust (AKR), Washington Real Estate Investment Trust (WRE), Colony Credit Real Estate (CLNC), Tanger Factory Outlet Centers (SKT), DiamondRock Hospitality (DRH), Retail Opportunity Investments (ROIC), Agree Realty (ADC), Lexington Realty Trust (LXP), QTS Realty Trust (QTS), Mack Cali Realty (CLI), MGM Growth Properties (MGP), Ladder Capital (LADR) and American Assets Trust (AAT).
Who are Essential Properties Realty Trust's key executives?
Essential Properties Realty Trust's management team includes the folowing people:
- Mr. Peter M. Mavoides, Pres, CEO & Director (Age 51)
- Ms. Hillary P. Hai, Sr. VP & CFO (Age 37)
- Mr. Gregg A. Seibert, Exec. VP & COO (Age 54)
- Mr. Daniel Paul Donlan, Sr. VP of Capital Markets
- Mr. A. J. Peil, Sr. VP & Head of Asset Management
When did Essential Properties Realty Trust IPO?
(EPRT) raised $499 million in an initial public offering (IPO) on Thursday, June 21st 2018. The company issued 32,200,000 shares at a price of $14.00-$17.00 per share. Goldman Sachs, Citigroup, Barclays, BofA Merrill Lynch and Credit Suisse acted as the underwriters for the IPO and RBC Capital Markets, SunTrust Robinson Humphrey, Evercore ISI and Ladenburg Thalmann were co-managers.
When does Essential Properties Realty Trust's lock-up period expire?
Essential Properties Realty Trust's lock-up period expires on Tuesday, December 18th. Essential Properties Realty Trust had issued 32,500,000 shares in its initial public offering on June 21st. The total size of the offering was $455,000,000 based on an initial share price of $14.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Who are Essential Properties Realty Trust's major shareholders?
Essential Properties Realty Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Deutsche Bank AG (7.20%), Citadel Advisors LLC (6.55%), BlackRock Inc. (4.91%), Alliancebernstein L.P. (2.98%), Zimmer Partners LP (2.09%) and Teachers Advisors LLC (1.83%). Company insiders that own Essential Properties Realty Trust stock include Daniel P Donlan, Eldridge Industries, Llc, Gregg A Seibert, Hillary P Hai, Paul T Bossidy, Peter M Mavoides and Scott A Estes. View Institutional Ownership Trends for Essential Properties Realty Trust.
Which major investors are selling Essential Properties Realty Trust stock?
Which major investors are buying Essential Properties Realty Trust stock?
EPRT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Deutsche Bank AG, Alliancebernstein L.P., Mesirow Financial Investment Management Equity Management, Teachers Advisors LLC, American Century Companies Inc., Russell Investments Group Ltd. and Westpac Banking Corp. Company insiders that have bought Essential Properties Realty Trust stock in the last two years include Daniel P Donlan, Eldridge Industries, Llc, Gregg A Seibert, Hillary P Hai, Paul T Bossidy, Peter M Mavoides and Scott A Estes. View Insider Buying and Selling for Essential Properties Realty Trust.
How do I buy shares of Essential Properties Realty Trust?
Shares of EPRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Essential Properties Realty Trust's stock price today?
One share of EPRT stock can currently be purchased for approximately $13.68.
How big of a company is Essential Properties Realty Trust?
Essential Properties Realty Trust has a market capitalization of $602.42 million and generates $54.49 million in revenue each year. Essential Properties Realty Trust employs 19 workers across the globe.
What is Essential Properties Realty Trust's official website?
How can I contact Essential Properties Realty Trust?
Essential Properties Realty Trust's mailing address is 47 HULFISH STREET SUITE 210, PRINCETON NJ, 08542. The company can be reached via phone at 609-306-8676 or via email at [email protected]
MarketBeat Community Rating for Essential Properties Realty Trust (NYSE EPRT)
MarketBeat's community ratings are surveys of what our community members think about Essential Properties Realty Trust and other stocks. Vote "Outperform" if you believe EPRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EPRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
