Essential Properties Realty TrustEPRT
EPRT
About: Essential Properties Realty Trust Inc is a real estate investment trust. It is an internally managed real estate company 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.
Employees: 40
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
198% more call options, than puts
Call options by funds: $2.2M | Put options by funds: $740K
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
20% more capital invested
Capital invested by funds: $5.36B [Q2] → $6.45B (+$1.1B) [Q3]
12% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 111
6% more funds holding
Funds holding: 306 [Q2] → 323 (+17) [Q3]
1.78% less ownership
Funds ownership: 110.22% [Q2] → 108.44% (-1.78%) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
5%
upside
Avg. target
$36
14%
upside
High target
$40
27%
upside
8 analyst ratings
7 positive
88%
1 neutral
13%
0 negative
0%
Barclays Richard Hightower 25% 1-year accuracy 2 / 8 met price target | 14%upside $36 | Overweight Initiated | 17 Dec 2024 |
Deutsche Bank Omotayo Okusanya 62% 1-year accuracy 13 / 21 met price target | 21%upside $38 | Buy Initiated | 11 Dec 2024 |
Scotiabank Greg McGinniss 17% 1-year accuracy 2 / 12 met price target | 5%upside $33 | Sector Perform Maintained | 25 Nov 2024 |
UBS Michael Goldsmith 29% 1-year accuracy 4 / 14 met price target | 27%upside $40 | Buy Maintained | 14 Nov 2024 |
Mizuho Vikram Malhorta 64% 1-year accuracy 14 / 22 met price target | 11%upside $35 | Outperform Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 11 articles about EPRT published over the past 30 days
Positive
Seeking Alpha
4 days ago
2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
Agree Realty and VICI Properties are high-quality REITs with strong fundamentals and impressive total returns, but currently offer little margin of safety due to their run-up in share prices. Investing with a margin of safety helps manage market volatility; for example, my cost basis of $53 for Realty Income has helped me stomach volatility and the stock's underperformance. I recommend assigning stocks specific roles in your portfolio; for example, Starwood Property for stable dividends, PepsiCo for moderate growth, and Visa for high growth, balancing income and growth.
Neutral
Seeking Alpha
6 days ago
Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
Positive
Seeking Alpha
1 week ago
2 REITs To Buy After The Rally
REITs are up 40% on average over the past year. But some individual REITs are not up at all. I discuss 2 REITs that remain heavily discounted.
Neutral
Business Wire
1 week ago
Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.295 per Share, an Increase of Approximately 2% 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 $0.295 per share of common stock for the fourth quarter of 2024. On an annualized basis the fourth quarter 2024 dividend of $0.295 equals $1.18 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 14, 2025, to stockholders of record as of the cl.
Positive
Seeking Alpha
2 weeks ago
9 Stocks I'm Buying As The Market Reaches A Rare Level Of Speculative Fervor
The U.S. stock market is highly valued, driven by Big Tech and AI investments, with speculative fervor reminiscent of the late 1990s. Some REITs, like W.P. Carey, face challenges due to poor capital allocation and strategic missteps, leading to underperformance compared to tech stocks. Many other REITs, however, have been beaten down due to short-term supply headwinds and their treatment as bond proxies.
Neutral
Seeking Alpha
2 weeks ago
At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024
Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billion in proceeds through their at-the-market programs during the quarter. By property sector, healthcare REITs raised the most capital through their ATM programs during the quarter, at $2.65 billion.
Neutral
Seeking Alpha
2 weeks ago
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the largest median discount to net asset value at 21.6%. Datacenter REITs (only two in the analysis) traded at the largest median premium to NAV, at 27.6%.
Positive
Seeking Alpha
3 weeks ago
Essential Properties: One Of The Best REITs To Own, Just No Margin Of Safety (Rating Downgrade)
Owning REITs like Essential Properties Realty Trust offers real estate exposure without dealing with taxes, tenants, and toilets, making it a hassle-free investment. EPRT has shown strong performance with a 42.71% increase, solid fundamentals, low leverage, and a conservative payout ratio, but currently offers no margin of safety. Despite missing FFO estimates, EPRT's revenue growth, long lease terms, and high occupancy rates highlight its robust portfolio and growth potential.
Positive
Seeking Alpha
3 weeks ago
Essential Properties Realty: A 'Mini Realty Income' Packing A Punch
Essential Properties Realty leverages a proven net lease model, focusing on service-oriented, e-commerce-resistant properties for steady growth. With 99.9% occupancy, a diverse tenant base, and a strong balance sheet, EPRT is well-positioned for long-term stability and consistent dividends. EPRT's small size enables agile growth via sale-leasebacks and strategic investments, offering potential for higher returns than its larger peers.
Positive
Seeking Alpha
3 weeks ago
6% Yielding REITs With Significant Upside Potential
REITs are priced at decade-low valuations. Such low valuations have historically resulted in very high returns. We highlight 2 REITs that offer high yield and upside potential.
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