US29670E1073 - REIT
ESSENTIAL PROPERTIES REALTY
NYSE:EPRT (11/21/2024, 8:24:55 PM)
After market: 32.98 -0.52 (-1.55%)33.5
-0.06 (-0.18%)
Essential Properties Realty Trust, Inc. engages in the acquisition, ownership, and management of single-tenant properties that are net leased on a long-term basis. The company is headquartered in Princeton, New Jersey and currently employs 40 full-time employees. The company went IPO on 2018-06-21. The firm owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. The firm has a diversified portfolio that focuses on properties leased to tenants in businesses, including car washes, restaurants (primarily quick service restaurants and casual dining), early childhood education, medical and dental services, convenience stores, automotive services, equipment rental and sales, grocery, entertainment, industrial, and health and fitness. The Company’s portfolio consists of about 1,873 freestanding net lease properties with a weighted average lease term of 14 years and a weighted average rent coverage ratio of 3.8x. In addition, the Company’s portfolio is leased to about 374 tenants operating 588 different concepts in 16 industries across 48 states.
ESSENTIAL PROPERTIES REALTY
902 Carnegie Center Blvd., Suite 520
Princeton NEW JERSEY 08540
P: 16094360619
CEO: Peter M. Mavoides
Employees: 40
Website: https://essentialproperties.com/
Realty Income is the 800-pound gorilla in the net lease REIT space. Is it too expensive to buy? Maybe not when you consider other options.
EPRT stock results show that Essential Props Realty met analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Essential Props Realty (NYSE:EPRT) just reported results for the second quarter...
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