Welcome to our dedicated page for Essential Properties Realty Trust news (Ticker: EPRT), a resource for investors and traders seeking the latest updates and insights on Essential Properties Realty Trust stock.
Essential Properties Realty Trust, Inc. (NYSE: EPRT) is an internally managed REIT that acquires, owns and manages primarily single-tenant, freestanding commercial properties under long-term net leases. Its tenants operate service-oriented or experience-based businesses, and the company reports a large, highly leased portfolio with a long weighted average remaining lease term and a broad mix of tenant concepts across many U.S. states.
This news page aggregates company announcements, earnings releases and other updates related to EPRT. Readers can follow Essential Properties’ quarterly and annual operating results, including disclosures on net income, Funds from Operations (FFO), Adjusted Funds from Operations (AFFO), investment and disposition activity, capitalization rates, and leverage and liquidity metrics. The company’s releases also describe portfolio statistics such as property counts, occupancy, rent coverage ratios and the share of properties subject to master leases.
In addition to financial results, Essential Properties issues news about capital markets activity, such as public debt offerings, at-the-market equity program usage, follow-on equity offerings and changes to its revolving credit facility. The company also announces board and management changes, including the election of new independent directors and the appointment of senior executives, along with related governance details and indemnification arrangements.
Dividend declarations are another recurring theme in EPRT’s news flow, with the board of directors announcing quarterly cash dividends on common stock and any changes to the dividend rate. Investors and researchers can use this page to review Essential Properties’ press releases and related disclosures over time, providing context on how the company manages its net lease portfolio, finances growth and communicates with the market.
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.
Essential Properties Realty Trust, Inc. (NYSE: EPRT) announced a quarterly cash dividend of $0.25 per share for Q3 2021, amounting to an annualized dividend of $1.00 per share. This dividend will be payable on October 14, 2021 to stockholders of record by the close of business on September 30, 2021. As of June 30, 2021, EPRT's portfolio comprised 1,325 leased properties, with a 99.8% lease occupancy rate and a weighted average lease term of 14 years.
Essential Properties Realty Trust (NYSE: EPRT) reported strong second-quarter results for 2021, achieving an 82% increase in net income per share to $0.20 and a 23% rise in FFO per share to $0.32. Investment activity was robust, with $223.2 million invested across 94 properties, primarily through sale-leaseback transactions. The company maintained a high rent collection rate of 99%, with July collections nearing 100%. Essential Properties raised its 2021 AFFO guidance to a range of $1.30 to $1.32, up from prior estimates of $1.24 to $1.28 per share.