Essential Properties Realty Trust Stock Price, News & Analysis

Essential Properties Realty Trust, Inc. (NYSE: EPRT) has declared a quarterly cash dividend of $0.27 per share for Q2 2022, representing an annualized dividend of $1.08, an increase of $0.04 from the previous year. This dividend is payable on July 14, 2022, to stockholders of record as of June 30, 2022. As of March 31, 2022, the company’s portfolio consists of 1,545 net lease properties, fully leased with a weighted average lease term of 13.9 years.

Essential Properties Realty Trust (EPRT) reported strong first quarter 2022 results with a net income per share of $0.21, representing a 50% increase year-over-year. The company closed investments totaling $237.8 million at a 7.0% weighted average cash cap rate. Additionally, EPRT raised its 2022 AFFO guidance to between $1.50 and $1.53 per share. Key operational metrics include investments in 105 properties and a robust portfolio of 1,545 properties with a weighted average lease term of 13.9 years.

Essential Properties Realty Trust (NYSE: EPRT) will announce its Q1 2022 operating results on April 27, 2022, after market close. The earnings conference call is scheduled for April 28, 2022, at 10:00 AM EDT. Interested parties can access the webcast through the Company’s website, starting 15 minutes prior to the call. The Company, as of December 31, 2021, managed a portfolio of 1,451 properties, with an average lease term of 14 years and a 99.9% lease rate across multiple industries.

Essential Properties Realty Trust, Inc. (NYSE: EPRT) has declared a quarterly cash dividend of $0.26 per share for Q1 2022, translating to an annualized dividend of $1.04 per share. The dividend is set to be paid on April 13, 2022, to shareholders recorded by March 31, 2022. As of December 31, 2021, EPRT owned 1,451 net lease properties, boasting a 99.9% leasing rate and a weighted average lease term of 14.0 years, showing strong portfolio stability.

Essential Properties Realty Trust reported a fourth quarter net income per share of $0.24, a 380% increase, and AFFO per share of $0.37, up 37%. The company made investments of $322.2 million with a weighted average cash cap rate of 6.9%. For full year 2021, net income per share rose 86% to $0.82. The company increased its 2022 AFFO guidance to a range of $1.47 to $1.51.

Essential Properties remains optimistic about future investment opportunities despite capital market volatility.

Essential Properties Realty Trust, Inc. (NYSE: EPRT) will announce its fourth quarter operating results for the period ending December 31, 2021, after market close on February 16, 2022. A conference call will be held on February 17, 2022, at 10:00 a.m. EST to discuss these results. Those interested can join the webcast via the Investor Relations section of the Company's website. As of September 30, 2021, EPRT's portfolio included 1,397 net lease properties, boasting a 99.9% lease rate and a weighted average lease term of 13.9 years.

Essential Properties Realty Trust, Inc. (NYSE: EPRT) has declared a quarterly cash dividend of $0.26 per share for Q4 2021. This marks an increase of $0.04 from the previous annualized dividend, bringing the total to $1.04 per share. The dividend will be payable on January 13, 2022, to stockholders of record by December 31, 2021. As of September 30, 2021, EPRT's portfolio included 1,397 leased properties, achieving a 99.9% lease rate and an average lease term of 13.9 years.

Essential Properties Realty Trust (EPRT) reported strong financial results for Q3 2021, achieving a net income per share of $0.23, up 77% year-over-year. The AFFO per share increased 22% to $0.33. The company closed investments totaling $230.8 million at a 7.0% cash cap rate. For 2022, EPRT issued AFFO guidance between $1.46 and $1.50 per share. The company retains solid liquidity, with $427.5 million available, and has a portfolio occupancy rate of 99.9%.

Essential Properties Realty Trust (NYSE: EPRT) will disclose its third quarter operating results for the period ending September 30, 2021, on November 1, 2021, after market close. The company will host a conference call and audio webcast on November 2, 2021, at 11:00 a.m. Eastern Daylight Time to discuss these results. Interested parties can access the live broadcast via the Investor Relations section of the company's website. The company holds a portfolio of 1,325 properties, with a 99.8% lease rate across various sectors.