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Essential Properties Realty Trust Inc - EPRT STOCK NEWS

Welcome to our dedicated news page for Essential Properties Realty Trust (Ticker: EPRT), a resource for investors and traders seeking the latest updates and insights on Essential Properties Realty Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Essential Properties Realty Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Essential Properties Realty Trust's position in the market.

Rhea-AI Summary
Essential Properties Realty Trust, Inc. (EPRT) will release its Q1 2024 operating results on April 24, 2024, followed by an earnings conference call on April 25, 2024. The webcast will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
conferences earnings
-
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (EPRT) announced the pricing of an underwritten public offering of 9,000,000 shares of its common stock at $24.75 per share, upsized from 8,000,000 shares. The offering is expected to close on March 14, 2024. Various financial institutions are involved as managers and co-managers for the offering. The Company entered into forward sale agreements with certain entities for the shares. The underwriters have a 30-day option to purchase additional shares. The Company plans to use the net proceeds for general corporate purposes, including potential future investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
offering
-
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (EPRT) has announced a public offering of 8,000,000 shares of its common stock with an option for an additional 1,200,000 shares. The Company will enter into forward sale agreements with underwriters and expects to settle within 12 months. Proceeds will be used for general corporate purposes and potential future investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
offering
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (EPRT) declares a quarterly cash dividend of $0.285 per share for Q1 2024, totaling $1.14 annually. The dividend will be paid on April 12, 2024, to stockholders of record as of March 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
dividends
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) completes a third Sale-Leaseback transaction with Essential Properties Realty Trust, Inc. (NYSE: EPRT), generating gross proceeds of approximately $24 million. The company expects to reduce debt by about $23 million, showcasing a strategic financial move to strengthen its financial position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
none
-
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) completes a third Sale-Leaseback transaction with Essential Properties Realty Trust, Inc. (NYSE: EPRT), generating gross proceeds of approximately $24 million. The company expects to reduce debt by about $23 million, showcasing a strategic financial move to strengthen its financial position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.37%
Tags
none
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (EPRT) announced the promotion of two executives, Max Jenkins to EVP, Head of Investments, and AJ Peil, CFA to EVP, Head of Asset Management. The Company recognizes their significant contributions and impressive performance. Mr. Jenkins managed transactions exceeding $2.5 billion, while Mr. Peil oversaw critical functions like credit underwriting and asset management. These promotions reflect EPRT's commitment to maximizing shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
none
-
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (EPRT) reported a strong fourth quarter with net income per share of $0.31 and AFFO per share of $0.42. The company closed investments totaling $314.9 million at a 7.9% weighted average cash cap rate. They reiterated their 2024 AFFO guidance of $1.71 to $1.75 per share. The full year 2023 saw significant growth in net income, FFO, Core FFO, and AFFO per share. The CEO highlighted the strong investment activity and liquidity position of nearly $800 million, positioning the company well for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
earnings
-
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (NYSE: EPRT) announced that 86.0340% of the dividends paid to common shareholders for the 2023 tax year are classified for federal income tax purposes as a taxable distribution. The tax attributes of the common stock dividends paid per share are outlined, including the record date, payment date, rate per share, ordinary dividends, qualified dividends, section 199A dividends, and non-dividend distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
dividends
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (NYSE: EPRT) will release its Q4 2023 operating results on February 14, 2024, followed by an earnings conference call and webcast on February 15, 2024. The webcast will be available on the Investor Relations section of the Company’s website. Investors can participate in the telephone conference call and access the replay through provided numbers and links.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
conferences earnings
Essential Properties Realty Trust Inc

NYSE:EPRT

EPRT Rankings

EPRT Stock Data

4.53B
165.04M
1.28%
95.61%
6.5%
Lessors of Nonresidential Buildings (except Miniwarehouses)
Real Estate and Rental and Leasing
Link
United States
Princeton

About EPRT

essential properties realty trust, inc. (nyse: eprt) is a publicly-traded real estate company based in princeton, nj, that owns, acquires, and manages single-tenant net lease (stnl) properties. by utilizing sale-leaseback transactions, essential provides growth capital to middle-market companies with attractive credit profiles and stable operating histories. essential primarily targets tenants that operate service-oriented and experience-based businesses within industries like restaurants; car washes and automotive services; convenience stores and gas stations; medical, dental, and veterinarian services; early childhood education; movie theaters and entertainment; and health and fitness. as of march 31, 2018, essential owned 530 properties occupied by 127 tenants operating 112 different concepts in 15 industries across 42 states.