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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.

News
Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.285 per Share, a 1.8% Increase Over Prior Quarter
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (NYSE: EPRT) increases its quarterly cash dividend to $0.285 per share for the fourth quarter of 2023, amounting to an annualized dividend of $1.14 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
dividends
-
News
Essential Properties Realty Trust, Inc. Announces Retirement of Paul T. Bossidy, Chairman of the Board, and Appointment of Scott A. Estes as New Board Chair
Rhea-AI Summary
Essential Properties Realty Trust, Inc. (NYSE: EPRT) announced the retirement of Chairman Paul T. Bossidy, effective December 31, 2023. The Board will be reduced to seven members, with Scott A. Estes appointed as the new Chairman. CEO Mavoides expressed confidence in Estes and gratitude to Bossidy for his contributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
Tags
management
-
News
Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal Third Quarter Ended October 1, 2023
Rhea-AI Summary
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) reported financial results for Q3 2023. Total revenues decreased by $9.2 million, comparable restaurant revenue decreased by 3.4%, and net loss decreased by $4.5 million compared to Q3 2022. However, adjusted EBITDA increased by $2.9 million. Year-to-date, total revenues increased by $18.1 million, comparable restaurant revenue increased by 2.9%, and net loss decreased by $26.7 million compared to the same period in 2022. Adjusted EBITDA increased by $14.5 million. The company repaid $8.4 million of debt and repurchased $5.0 million of stock. Red Robin also completed a Sale-Leaseback transaction for nine restaurants, generating net proceeds of approximately $30.4 million. The company's CEO expressed confidence in the brand's comeback.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.49%
Tags
earnings
News
Essential Properties Announces Third Quarter 2023 Results
Rhea-AI Summary
Essential Properties Realty Trust announces strong Q3 2023 results with increased net income and AFFO per share. Issues 2024 AFFO guidance of $1.71 to $1.75 per share. Increases bottom end of range for 2023 AFFO guidance. Highlights include investments of $213.3 million at a 7.6% cap rate and dispositions of $28.5 million at a 6.5% cap rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.72%
Tags
earnings
-
News
Essential Properties Realty Trust, Inc. to Report Third Quarter 2023 Results on October 25, 2023
Rhea-AI Summary
Essential Properties Realty Trust to release Q3 2023 operating results on October 25, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
conferences earnings
-
News
Essential Properties Realty Trust, Inc. Announces Pricing of Upsized Public Offering of Common Stock
Rhea-AI Summary
Essential Properties Realty Trust, Inc. announces pricing of public offering of 10,440,000 shares of common stock at $23.00 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
offering
News
Essential Properties Realty Trust, Inc. Announces Public Offering of Common Stock
Rhea-AI Summary
Essential Properties Realty Trust, Inc. has commenced an underwritten public offering of 8,700,000 shares of its common stock on a forward basis. The underwriters have been granted a 30-day option to purchase up to an additional 1,305,000 shares. The Company expects to physically settle the forward sale agreements within approximately 12 months. The Company will not receive any proceeds from the sale of shares by the forward purchasers. The net proceeds from the settlement of the forward sale agreements will be used for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
offering
-
News
Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.28 Per Share for the Third Quarter of 2023
Rhea-AI Summary
Essential Properties Realty Trust, Inc. declares quarterly dividend of $0.28 per share for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
dividends
-
News
Red Robin Gourmet Burgers, Inc. Completes Second Sale-Leaseback Transaction With Essential Properties Realty Trust, Inc.
Rhea-AI Summary
Red Robin completes second Sale-Leaseback transaction with Essential Properties Realty Trust, generating $31 million in gross proceeds. Proceeds to be used for debt repayment, capital investments, and potential stock repurchase of up to $5 million. Red Robin aims to create value for shareholders and drive growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
none
News
Essential Properties Realty Trust, Inc. Announces Key Additions to Senior Management Team
Rhea-AI Summary
Essential Properties Realty Trust announces new appointments
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
Stock EPRT logo
Essential Properties Realty Trust Inc

NYSE:EPRT

EPRT Rankings

#1265 Ranked by Market Cap
#2115 Ranked by Stock Gains
#744 Ranked by Dividends

EPRT Stock Data

4.32B
165.03M
0.92%
101.35%
4.66%
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.