EPRT Stock Recent News

High-yield investing is simpler and less speculative than many other approaches to investing. My approach centers on a simple method of determining if a stock is overrated or underrated and investing accordingly. I share two high-yield stocks that are very overrated right now and two high-yield stocks that are very underrated right now.

Essential Properties Realty Trust focuses on mid-market properties with smaller, non-investment grade tenants, offering higher growth potential and better cap rates despite increased risk. EPRT demonstrates strong fundamentals with low leverage, high diversification, and consistent FFO and dividend growth, despite being a relatively new company. EPRT's valuation is slightly higher than peers due to its growth prospects, lower debt levels, and healthy dividend payout.

The REIT market has been exhibiting positive momentum as the first interest rate cuts seem to have become very likely. This has pushed many REIT prices higher, especially for those names that embody specific fundamental strengths. In my portfolio, I hold two high quality REITs, which currently provide less attractive yields due to favorable share price movements.

Essential Properties Realty Trust operates in the e-commerce/recession-resilient property sector, with 96.4% ABR derived from triple-net leases. EPRT's Q2 2024 performance showed intense investment activity, a high occupancy rate, and solid AFFO per share growth. EPRT remains a strong player with positive investment spreads, occupancy rates, and an effective investment strategy.

Essential Properties Realty Trust offers stability and growth potential with a diverse portfolio of single tenant properties. EPRT has a well-supported dividend yield of 4% with an average growth CAGR of 5.7% over the last five years. Future dividend growth can be supported by FFO. EPRT's portfolio strength lies in its exposure to service-based businesses, retail, experience-focused, and industrials, with a high occupancy rate and long lease terms.

Essential Properties Trust benefits from sale and leaseback trend, with a focus on single-tenant properties across 49 states in the U.S. Stable tenant profile with long-term leases, recession and e-commerce resilient businesses, and diversified geographical presence are traits to like about the company. Strong balance sheet, low cost of debt, and improving leverage reduces risks, but an expensive valuation at 16.3x P/AFFO, limits potential upside for investors.

Strong tenant relationships have Essential Properties Realty Trust, Inc. (EPRT) increasing its funds from operations.

Today, we revisit dividend investing, discussing compounding returns and the dividend snowball. A common dilemma for investors is the decision between income and income growth. We explore the 1% Rule in depth, explaining why earning 1% per month could be a minimum threshold for an income-focused fund.

Net lease REITs provide efficient real estate capital for companies, creating wealth for shareholders, employees, and stakeholders. Business model transparency is key for value investing in net lease REITs. Chris Volk applies a universal business model to compare five top net lease REITs.

Although the revenue and EPS for Essential Properties (EPRT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.