Added to YB: 2026-08-10
Pitch date: 2026-08-04
EPRT [neutral]
Essential Properties Realty Trust, Inc.
-14.5%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$6.3B
Pitch Price
$30.96
Price Target
N/A
Dividend
4.40%
EV/EBITDA
16.15
P/E
22.63
EV/Sales
14.84
Sector
Diversified REITs
Category
growth
Listed REITs: The Return of Growth Isn’t Lifting Everyone - Essential Properties: The Investment Machine Keeps Humming
EPRT (overview): Net lease REIT, 2,493 properties, 99.6% leased, 14.3yr avg lease term, 3.5x rent coverage. Q2 deployed $332.4M at 7.8% cap rate. AFFO $0.50/sh; raised FY guide to $2.01-2.05, investment target $1.2-1.5B. Div $1.28 (63% payout). Middle-market focus lifts yields but lowers tenant credit; risk if cost of capital outpaces acquisition spread.
Read full article (2 min)