Essential Properties Realty Trust (DB:2OU) - Stock Price, News & Analysis

2OU Stock Overview

Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States.

About the company

2OU fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 67.2% below our estimate of its fair value

Earnings are forecast to grow 9.55% per year

Earnings grew by 29.6% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Unstable dividend track record

Shareholders have been diluted in the past year

Essential Properties Realty Trust, Inc. Competitors

GSW Immobilien

DB:GIB

€5.0b

Nomura Real Estate Master Fund

TSE:3462

JP¥706.3b

Fibra UNO

BMV:FUNO 11

Mex$95.0b

KDX Realty Investment

TSE:8972

JP¥632.3b

Price History & Performance

Summary of all time highs, changes and price drops for Essential Properties Realty Trust
Historical stock prices
Current Share Price	US$23.95
52 Week High	US$24.72
52 Week Low	US$18.89
Beta	1.29
1 Month Change	-2.17%
3 Month Change	4.22%
1 Year Change	7.59%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.09%

Recent updates

Shareholder Returns

	2OU	DE REITs	DE Market
7D	-0.7%	1.8%	1.2%
1Y	7.6%	-2.8%	2.0%

Return vs Industry: 2OU exceeded the German REITs industry which returned -2.8% over the past year.

Return vs Market: 2OU exceeded the German Market which returned 2% over the past year.

Price Volatility

Is 2OU's price volatile compared to industry and market?
2OU volatility
2OU Average Weekly Movement	2.8%
REITs Industry Average Movement	2.3%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.1%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: 2OU has not had significant price volatility in the past 3 months.

Volatility Over Time: 2OU's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2016	40	Pete Mavoides	essentialproperties.com

Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis. As of December 31, 2021, it had a portfolio of 1, 451 properties.

Essential Properties Realty Trust, Inc. Fundamentals Summary

How do Essential Properties Realty Trust's earnings and revenue compare to its market cap?
2OU fundamental statistics
Market cap	€4.22b
Earnings (TTM)	€181.69m
Revenue (TTM)	€354.67m

23.2x

P/E Ratio

11.9x

P/S Ratio

Is 2OU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2OU income statement (TTM)
Revenue	US$379.41m
Cost of Revenue	US$4.75m
Gross Profit	US$374.66m
Other Expenses	US$180.30m
Earnings	US$194.36m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.11
Gross Margin	98.75%
Net Profit Margin	51.23%
Debt/Equity Ratio	51.7%

How did 2OU perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

61%

Payout Ratio

2OU Stock Overview

Rewards

Risk Analysis

Essential Properties Realty Trust, Inc. Competitors

DB:GIB

€5.0b

TSE:3462

JP¥706.3b

BMV:FUNO 11

Mex$95.0b

TSE:8972

JP¥632.3b

Price History & Performance

Recent News & Updates

First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.30 in 1Q 2023)

Essential Properties Realty Trust, Inc., Annual General Meeting, May 13, 2024

Essential Properties Realty Trust, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$0.28 per share

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $222.75 million.

Fourth quarter dividend of US$0.28 announced

Recent updates

First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.30 in 1Q 2023)

Essential Properties Realty Trust, Inc., Annual General Meeting, May 13, 2024

Essential Properties Realty Trust, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$0.28 per share

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $222.75 million.

Fourth quarter dividend of US$0.28 announced

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend, Payable on April 12, 2024

Essential Properties Realty Trust, Inc. Announces Executive Promotions

Full year 2023 earnings released: EPS: US$1.25 (vs US$0.99 in FY 2022)

Essential Properties Realty Trust, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.28 per share at 4.5% yield

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on January 12, 2024

Essential Properties Realty Trust, Inc. Announces Board Changes

Third quarter 2023 earnings released: EPS: US$0.29 (vs US$0.26 in 3Q 2022)

Essential Properties Realty Trust, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.28 per share at 4.8% yield

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $240.12 million.

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $240.12 million.

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend for the Third Quarter of 2023, Payable on October 13, 2023

Essential Properties Realty Trust, Inc. Announces Additions to Senior Management Team

Second quarter 2023 earnings released: EPS: US$0.35 (vs US$0.27 in 2Q 2022)

Essential Properties Realty Trust, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.28 per share at 4.7% yield

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on July 14, 2023

Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired Nine owned properties from Red Robin Gourmet Burgers, Inc. (NasdaqGS:RRGB) for approximately $29 million.

First quarter 2023 earnings released: FFO per share: US$0.4 (vs US$0.41 in 1Q 2022)

Upcoming dividend of US$0.28 per share at 4.7% yield

Full year 2022 earnings released: FFO per share: US$1.6 (vs US$1.39 in FY 2021)

Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired Charlie Brown's Fresh Grill and Steakhouse for $2.01 million.

Insufficient new directors

Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired The Pour House at 124 Haddon Ave. in Westmont, New Jersey from P. J. Whelihan's Pub, Inc. for $3.8 million.

Essential Properties Realty Trust, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Upcoming dividend of US$0.28 per share

Essential Properties Realty Trust, Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2022, Payable on January 13, 2023

Third quarter 2022 earnings released: EPS: US$0.26 (vs US$0.23 in 3Q 2021)

Essential Properties Realty Trust, Inc. to Report Q3, 2022 Results on Oct 27, 2022

Upcoming dividend of US$0.27 per share

Essential Properties Realty Trust, Inc. Declares Quarterly Cash Dividend for the Third Quarter of 2022, Payable on October 14, 2022

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $174.8 million.

Second quarter 2022 earnings released: FFO: US$71.0m per share (vs US$0.35 in 2Q 2021)

Essential Properties Realty Trust, Inc. to Report Q2, 2022 Results on Jul 28, 2022

President recently bought €397k worth of stock

Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on July 14, 2022

Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $348.1 million.

First quarter 2022 earnings released: FFO: US$69.9m per share (vs US$0.33 in 1Q 2021)

Shareholder Returns

Price Volatility

About the Company

Essential Properties Realty Trust, Inc. Fundamentals Summary

23.2x

11.9x

Earnings & Revenue

Dividends

4.4%

61%