Shares are down almost 25% YTD, offering new investors a good entry point. Trading at 75.9% below our estimate of its fair value, Earnings are forecast to grow 14.52% per year, Earnings grew by 147.2% over the past year, Debt is not well covered by operating cash flow, Shareholders have been diluted in the past year, Essential Properties Realty Trust, Inc. announced that they will report Q2, 2022 results After-Market on Jul 28, 2022, EPRT is a diversified net lease REIT with a portfolio serving smaller businesses across the US. Companies withratings are not formally covered by a Morningstar analyst, but are The Company's portfolio is occupied by approximately 311 tenants operating approximately 433 different concepts in 16 industries across 46 states of the United States. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Experienced Board: EPRT's board of directors are considered experienced (4.5 years average tenure). Growing Profit Margin: EPRT's current net profit margins (42.7%) are higher than last year (25.3%). To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Do the numbers hold clues to what lies ahead for the stock? This was the largest purchase by an insider in the last 3 months. is forecast to be low in 3 years time (5.3%). If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. This was Peter's only on-market trade for the last 12 months. EPR vs. EPRT: Which Stock Is the Better Value Option? Like STOR, the valuation has only become more attractive in 2022. Ownership Acquisition Statement [Amended]. The heavy selling pressure might have exhausted for Essential Properties (EPRT) as it is technically in oversold territory now. It has a diversified portfolio that focuses on properties leased to tenants in businesses, such as car washes, quick-service restaurants, early childhood education, medical and dental services, convenience stores, automotive services, equipment rental, entertainment, and health and fitness. EPRT's forecast earnings growth (14.5% per year) is above the. Investor/Media: EPRT's dividend (4.73%) is in the top 25% of dividend payers in the US market (4.17%). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. Mr. Peter M. Mavoides, also known as Pete, has been the President & Chief Executive Officer of Essential Properties Realty Trust, Inc. since January 12, 2018 and he held similar positions since March 2016 Show more. Pfd. That is similar to another net lease REIT that I own, STORE Capital (STOR). Learn more, See historical performance and comparison. Share price information may be rounded up/down and therefore not entirely accurate. The major indices are all down double-digits, and many sectors have had an even rougher time this year. How has Essential Properties Realty Trust performed over the past 5 years? EPRT earnings growth over the past year (147.2%) exceeded the REITs industry 69.5%. The company was founded on January 12, 2018 and is headquartered in Princeton, NJ. Essential Properties Realty Trust, Inc.'s employee growth, exchange listings and data sources. EPRT Portfolio (essentialproperties.com) Copyright 2022 Morningstar, Inc. All rights reserved. In addition, as of March 31, 2022, the Companys portfolio was 100% leased to 323 tenants operating 461 different concepts in 16 industries across 46 states. ($USD5.89M) is about average for companies of similar size in the US market ($USD6.87M). Price-To-Earnings vs Industry: EPRT is good value based on its Price-To-Earnings Ratio (28x) compared to the US REITs industry average (31.8x). To Participate in the Telephone Conference Call: Dial in at least five minutes prior to start time 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. Compensation vs Market: Pete's total compensation ($USD5.89M) is about average for companies of similar size in the US market ($USD6.87M). International: 201-493-6784, Domestic: 844-512-2921 Long Term Liabilities: EPRT's short term assets ($126.4M) do not cover its long term liabilities ($1.2B). 337927). About Essential Properties Realty Trust, Inc. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. Shares are much more attractive today at $22 and a price/FFO of 14.8x. I will be looking to add shares of EPRT to my Roth IRA as I make contributions later in the year. Domestic: 877-407-9208 Reducing Debt: EPRT's debt to equity ratio has reduced from 221% to 52.6% over the past 5 years. Stable Share Price: EPRT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week. Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. Payment date: 14 July 2022. Quality Earnings: EPRT has high quality earnings. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses. es operating service-oriented or experience-based businesses. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. Earnings vs Industry: EPRT earnings growth over the past year (147.2%) exceeded the REITs industry 69.5%. The company serves restaurants, car washes, automotive services, medical services, convenience stores, entertainment, early childhood education, health and fitness sector. High Growth Earnings: EPRT's earnings are forecast to grow, but not significantly. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. You must be a registered user to save alerts. Stable Dividend: Whilst dividend payments have been stable, EPRT has been paying a dividend for less than 10 years. Whilst dividend payments have been stable, EPRT has been paying a dividend for less than 10 years. (66.8%), EPRT's dividend payments are covered by earnings. We just crossed the halfway point in 2022, and broader markets have had a rough year. Do the numbers hold clues to what lies ahead for the stock? It has a portfolio of approximately 1,451 properties, including approximately 126 properties, which have investments in mortgage loans receivables diversified by tenant, industry, concept and geography. Return vs Market: EPRT underperformed the US Market which returned -15.4% over the past year. EPRT is a relatively new net lease REIT that has only been publicly traded since 2018. Add this security to watchlist, portfolio, or create an alert to track market movement. 609-436-0619 This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors. It has a diversified portfolio that focuses on properties leased to tenants in businesses, such as car washes, quick-service restaurants, early childhood education, medical and dental services, convenience stores, automotive services, equipment rental, entertainment, and health and fitness. PRINCETON, N.J., July 11, 2022--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. Essential Properties (EPRT) delivered FFO and revenue surprises of 0.00% and 7.93%, respectively, for the quarter ended September 2021. Currency in USD, Trade prices are not sourced from all markets. Pete's compensation has increased by more than 20% in the past year. have bought more shares than they have sold in the past 3 months. EPRT is good value based on its Price-To-Earnings Ratio (28x) compared to the estimated Fair Price-To-Earnings Ratio (39.5x). Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. The company went public in 2018, and they have grown rapidly since then. Terms of Service apply. EPRT's earnings growth over the past year (147.2%) exceeds its 5-year average (53% per year). Hazelview Securities Inc. Buys INDUS Realty Trust Inc, Kimco Realty Corp, Essex Property Trust Inc, Sells Spirit Realty Capital Inc, Regency Centers Corp, GDS Holdings, Brasada Capital Management, Lp Buys Charles Schwab Corp, Canadian Pacific Railway, Invesco BulletShares 2022 Corporate Bond ETF, Sells Invesco BulletShares 2021 Corporate Bond ETF, Chart Industries Inc, Enviva Inc. Prudential Bancorp (PBIP) delivered earnings and revenue surprises of 9.09% and 6.96%, respectively, for the quarter ended December 2021. Pennsylvania Real Estate Investment Trust (PEI), Essential Properties Realty Trust Total Assets 2017-2022 | EPRT. Verify your identity, personalize the content you receive, or create and administer your account. Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.8%. The only major exception is the energy sector, but one of the sectors I have been adding to lately is the real estate sector. than 75% of US stocks over the past 3 months. Log in to see them here or sign up to get started. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. There are currently no items in this Watchlist. Read our editorial policy to learn more about our process. Unless specified all financial data is based on a yearly period but updated quarterly. Below Fair Value: EPRT ($22.83) is trading below our estimate of fair value ($94.66). All markets data located on FT.com is subject to the. Please sign in or register. Develop and improve features of our offerings. Unless specified all financial data is based on a yearly period but updated quarterly. For this estimate we use a Discounted Cash Flow model. Who are the major shareholders and have insiders been buying or selling? Most of the tenants have solid rent coverage ratios and cap rates have consistently been above 7% since 2020 and the portfolio has a weighted rent escalation rate of 1.5%. Any opinions or estimates expressed herein are those of Markit on the date of preparation and are subject to change without notice; however no such opinions or estimates constitute legal, investment or other advice. Daniel Donlan Essential Properties (EPRT) delivered FFO and revenue surprises of 2.70% and 6.60%, respectively, for the quarter ended March 2022. What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target? Create a list of the investments you want to track. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Notable Dividend: EPRT's dividend (4.73%) is higher than the bottom 25% of dividend payers in the US market (1.55%). Data delayed at least 15 minutes, as of Jul 21 2022 21:10 BST. What is Essential Properties Realty Trust current dividend yield, its reliability and sustainability? Earnings vs Market: EPRT's earnings (14.5% per year) are forecast to grow faster than the US market (13.1% per year). Series D. EPRT's earnings (14.5% per year) are forecast to grow faster than the US market (13.1% per year). Copyright 2022 MarketWatch, Inc. All rights reserved. It focuses on smaller businesses and properties, as its average investment is just over $2M per property. Redeem. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Weve recently updated our valuation analysis. Earnings Coverage: With its reasonable payout ratio (66.8%), EPRT's dividend payments are covered by earnings. Mr. Peter M. Mavoides, also known as Pete, has been the President & Chief Executive Officer of Essential Properties Realty Trust, Inc. since January 12, 2018 and he held similar positions since March 2016. (42.7%) are higher than last year (25.3%). Senior Vice President, Capital Markets This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Essential Properties Realty Trust, Inc.. Essential Properties Realty Trust / Essential Properties Realty Trust, Inc. 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. You may buy BLD, ERPT, PAGP, TITN & SAIA. Insider Buying: EPRT insiders have bought more shares than they have sold in the past 3 months. While the REIT is relatively new to public markets, it has consistently raised the dividend at a solid clip. It's economical and easy to store. Other financial metrics that can be useful for relative valuation. fair value, and uncertainty rating. Click here for more on how to use these ratings. How we use your information depends on the product and service that you use and your relationship with us. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Essential Properties Realty Trust, Inc. is based in Princeton, New Jersey. They have sold off nearly 25% YTD, and I think it offers a solid entry point for long-term investors. Essential Properties Realty Trust, Inc is primarely in the business of real estate investment trusts. Essential Properties Realty Trust total assets from 2017 to 2022. Have Watchlists? This browser is no longer supported at MarketWatch. All quotes are in local exchange time. Investors who take an interest in Essential Properties Realty Trust, Inc. ( NYSE:EPRT ) should definitely note that the NYSE - NYSE Delayed Price. Essential Properties Realty Trust, Inc. to Report Second Quarter 2022 Results on July 28, 2022, Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.27 per Share, a 3.8% Increase Over Prior Quarter, Essential Properties Announces First Quarter 2022 Results, Essential Properties Realty Trust, Inc. is an internally managed real estate company. https://viavid.webcasts.com/starthere.jsp?ei=1559343&tp_key=dcd8b6b0a9. Essential Properties Realty Trust Inc - Stock Quote. Please check your download folder. EPRT's earnings are forecast to grow, but not. How is Essential Properties Realty Trust forecast to perform in the next 1 to 3 years based on estimates from 8 analysts? Essential Properties Realty Trust (EPRT) Q3 2021 Earnings Call Transcript, Essential Properties (EPRT) Meets Q3 FFO Estimates, Here's Why Momentum Investors Will Love Essential Properties (EPRT), Analysts Offer Insights on Financial Companies: GoHealth (GOCO), Independence Realty (IRT) and Essential Properties Realty (EPRT), LXP Industrial Trust 6.5% Cum. peer companies that do receive analyst-driven ratings. The Company acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market compani. Earnings Trend: EPRT's earnings have grown significantly by 53% per year over the past 5 years. One of the other things that I like about EPRT is that it has unit level reporting for almost all its tenants (98.6%). Total assets can be defined as the sum of all assets on a company's balance sheet. Do the numbers hold clues to what lies ahead for the stock? In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. FT is not responsible for any use of content by you outside its scope as stated in the. EPRT's dividend (4.73%) is higher than the bottom 25% of dividend payers in the US market (1.55%). Trailing yield: 5.2%. Revenue vs Market: EPRT's revenue (16.3% per year) is forecast to grow faster than the US market (8% per year). High Dividend: EPRT's dividend (4.73%) is in the top 25% of dividend payers in the US market (4.17%). EPRT's short term assets ($126.4M) do not cover its. EPRT's revenue (16.3% per year) is forecast to grow faster than the US market (8% per year). We may use it to: To learn more about how we handle and protect your data, visit our privacy center. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Essential Properties Realty Trust Inc is a real estate investment trust. The Company's portfolio is occupied by approximately 311 tenants operating approximately 433 different concepts in 16 industries across 46 states of the United States. EPRT Summary (essentialproperties.com) Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to 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. investors@essentialproperties.com, Internet Explorer presents a security risk. You must therefore seek independent legal, investment or other appropriate advice from a suitably qualified and/or authorised and regulated advisor prior to making any legal, investment or other decision. 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. Gear advertisements and other marketing efforts towards your interests. Please check your download folder. EPRT is trading below fair value by more than 20%. ESSENTIAL PROPERTIES REALTY TRUST INC COMMON STO, ESSENTIAL PROPERTIES REALTY TRUST ORD SHS. The company's shares closed last Friday at $24.80. Short Term Liabilities: EPRT's short term assets ($126.4M) exceed its short term liabilities ($51.3M). How is Essential Properties Realty Trust's financial position? How does EPRT's PE Ratio compare to its peers? Privacy Notice, and 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. As of March 31, 2022, the Companys portfolio consisted of 1,545 freestanding net lease properties with a weighted average lease term of 13.9 years and a weighted average rent coverage ratio of 3.8x. Eligible shareholders must have bought the stock before 29 June 2022. Series C, UMH Properties Inc. Cum. Subscriber Agreement & Terms of Use, We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Accelerating Growth: EPRT's earnings growth over the past year (147.2%) exceeds its 5-year average (53% per year). Essential Properties Realty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Historical and current end-of-day data provided by FACTSET. Although Markit has made every effort to ensure this data is correct, nevertheless no guarantee is given to the accuracy or completeness. With inflation running hot and interest rates rising, that is very attractive for investors. EPR or EPRT: Which Is the Better Value Stock Right Now? The Company acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses. Interest Coverage: EPRT's interest payments on its debt are well covered by EBIT (4.2x coverage). Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Future ROE: EPRT's Return on Equity is forecast to be low in 3 years time (5.3%). Debt Level: EPRT's net debt to equity ratio (52%) is considered high. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. In a report released today, RJ Milligan from Raymond James maintained a Buy rating on Essential Properties Realty (EPRT Research Report), with a price target of $30.00. Debt Coverage: EPRT's debt is not well covered by operating cash flow (15.5%). The portfolio is diversified across many businesses and the top 10 tenants make up approximately 19% of overall rents. High ROE: EPRT's Return on Equity (4.8%) is considered low. EPRT's dividend payments have increased, but the company has only paid a dividend for 4 years. Analyst Forecast: Target price is less than 20% higher than the current share price. Experienced Management: EPRT's management team is considered experienced (3.5 years average tenure). Which metric is best to use when looking at relative valuation for EPRT? At 14.8x price/FFO, shares are trading at an attractive valuation relative to the projected growth and offer a growing 4.9% dividend to boot. Pfd. These Drill Bit Sets include 6 individual drill bits suitable for cutting holes in various materials. Return vs Industry: EPRT underperformed the US REITs industry which returned -11.2% over the past year. Let's find out. A webcast of the conference call will be available on the Investor Relations section of the Companys website at www.essentialproperties.com. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Hazelview Securities Inc. Buys INDUS Realty Trust Inc, Kimco Realty Corp, Essex Property Trust Brasada Capital Management, Lp Buys Charles Schwab Corp, Canadian Pacific Railway, Invesco Prudential Bancorp (PBIP) Q1 Earnings Beat Estimates, Bet on These 5 Low-Leverage Stocks to Avoid Debt-Related Risks.