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 and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 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 headquartered in Princeton, New Jersey.
Net Lease Powerhouse | Essential Properties Realty Trust excels in single-tenant, net-leased real estate, focusing on middle-market companies and experiential retail with impressive growth |
Financial Fortitude | EPRT boasts a 98.78% gross profit margin, consistent dividend growth, and projections of significant AFFO expansion, driven by a robust acquisition pipeline |
Competitive Edge | Explore EPRT's superior cost of capital and higher acquisition cap rates, creating a positive flywheel effect that outpaces competitors in earnings growth |
Analyst Optimism | UBS Securities sets a $30 price target, while Wedbush rates EPRT as Outperform, reflecting confidence in the company's strategic positioning and growth potential |
Metrics to compare | EPRT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEPRTPeersSector | |
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P/E Ratio | 29.3x | −50.1x | 8.5x | |
PEG Ratio | −5.74 | 0.39 | 0.01 | |
Price/Book | 1.6x | 1.3x | 0.9x | |
Price / LTM Sales | 13.1x | 4.8x | 3.7x | |
Upside (Analyst Target) | 10.5% | 16.3% | 16.4% | |
Fair Value Upside | Unlock | −3.2% | 2.3% | Unlock |