Announcement • Jun 02
Essential Properties Realty Trust, Inc. Declares Quarterly Cash Dividend for the Second Quarter of 2026, Payable on July 14, 2026 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.32 per share of common stock for the second quarter of 2026. The second quarter 2026 dividend represents an annualized dividend of $1.28 per share of common stock, an increase of $0.04 per share compared to the previous annualized dividend. The dividend is payable on July 14, 2026, to stockholders of record as of the close of business on June 30, 2026. Board Change • May 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Director Kristin Smallwood was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 02
Essential Properties Realty Trust, Inc., Annual General Meeting, May 11, 2026 Essential Properties Realty Trust, Inc., Annual General Meeting, May 11, 2026. Announcement • Mar 30
Essential Properties Realty Trust, Inc. to Report Q1, 2026 Results on Apr 22, 2026 Essential Properties Realty Trust, Inc. announced that they will report Q1, 2026 results After-Market on Apr 22, 2026 Announcement • Mar 10
Essential Properties Realty Trust, Inc. Announces Quarterly Dividend for the First Quarter of 2026, Payable on April 14, 2026 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share of common stock for the first quarter of 2026. On an annualized basis, the first quarter 2026 dividend of $0.31 equals $1.24 per share of common stock. The dividend is payable on April 14, 2026, to stockholders of record as of the close of business on March 31, 2026. Announcement • Dec 30
Essential Properties Realty Trust, Inc. to Report Q4, 2025 Results on Feb 11, 2026 Essential Properties Realty Trust, Inc. announced that they will report Q4, 2025 results After-Market on Feb 11, 2026 Announcement • Dec 09
Essential Properties Realty Trust, Inc. Declares Quarterly Cash Dividend, Payable January 16, 2025 On December 5, 2025, the Board of Directors of Essential Properties Realty Trust, Inc. declared a quarterly cash dividend of $0.31 per share of common stock for the fourth quarter of 2025. The fourth quarter 2025 dividend represents an annualized dividend of $1.24 per share of common stock. The dividend is payable on January 14, 2026 to stockholders of record as of the close of business on December 31, 2025. Announcement • Sep 30
Essential Properties Realty Trust, Inc. to Report Q3, 2025 Results on Oct 22, 2025 Essential Properties Realty Trust, Inc. announced that they will report Q3, 2025 results After-Market on Oct 22, 2025 Announcement • Sep 08
Essential Properties Realty Trust, Inc. Announces Quarterly Dividend for the Third Quarter of 2025, Payable on October 14, 2025 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock for the third quarter of 2025. On an annualized basis the third quarter 2025 dividend of $0.30 equals $1.20 per share of common stock. The dividend is payable on October 14, 2025, to stockholders of record as of the close of business on September 30, 2025. Announcement • Jul 18
Essential Properties Realty Trust, Inc. Appoints Kristin L. Smallwood to the Board of Directors Essential Properties Realty Trust, Inc. announced on July 17, 2025 that the Board of Directors has elected Ms. Kristin L. Smallwood to serve on the company’s Board. With this election, the Board consists of eight members, seven of whom are independent. Kristin L. Smallwood. Ms. Smallwood has almost 30 years of experience providing audit and audit-related services to large global companies with PwC. Ms. Smallwood was a partner with PwC from 2006 until her retirement in 2025. Ms. Smallwood served a broad spectrum of publicly traded and privately held clients in an audit capacity focused on complex issues in accounting, auditing, risk management, and regulatory and securities matters. Ms. Smallwood also served clients in a non-audit capacity in the Transaction Services Practice focused on sell-side and buy-side analyses and complex transactional accounting such as sale-leaseback and purchase price allocation accounting. Her leadership experience with PwC includes service as the US Automotive Assurance Sector Leader from 2015 until 2018. Prior to PwC, Ms. Smallwood worked at Michigan National Bank in commercial lending from 1991 to 1994. Ms. Smallwood serves on the Board of Directors of United Way for Southeastern Michigan as the Audit Committee Chair. Ms. Smallwood also serves on the Board of Inforum, a not-for-profit organization focused on accelerating careers for women in business. Ms. Smallwood received a B.A. in Economics from Albion College in 1991 and an M.B.A. in Finance from the University of Michigan in 1996. Ms. Smallwood is a Certified Public Accountant. Announcement • Jun 26
Essential Properties Realty Trust, Inc. to Report Q2, 2025 Results on Jul 23, 2025 Essential Properties Realty Trust, Inc. announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Announcement • Jun 03
Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on July 14, 2025 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock for the second quarter of 2025. On an annualized basis the second quarter 2025 dividend of $0.30 equals $1.20 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on July 14, 2025, to stockholders of record as of the close of business on June 30, 2025. Announcement • Apr 03
Essential Properties Realty Trust, Inc., Annual General Meeting, May 12, 2025 Essential Properties Realty Trust, Inc., Annual General Meeting, May 12, 2025. Announcement • Apr 02
Essential Properties Realty Trust, Inc. to Report Q1, 2025 Results on Apr 23, 2025 Essential Properties Realty Trust, Inc. announced that they will report Q1, 2025 results After-Market on Apr 23, 2025 Announcement • Mar 28
Essential Properties Realty Trust, Inc. Announces Executive Promotions Essential Properties Realty Trust, Inc. announced the promotion of three executives. Max Jenkins has been promoted to EVP, Chief Operating Officer. AJ Peil, CFA has been promoted to EVP, Chief Investment Officer. Robert Salisbury, CFA has been promoted to SVP, Head of Corporate Finance and Strategy. Announcement • Mar 19
Essential Properties Realty Trust, Inc. has filed a Follow-on Equity Offering. Essential Properties Realty Trust, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 8,000,000 Announcement • Mar 10
Essential Properties Realty Trust, Inc. Announces Quarterly Dividend for the First Quarter of 2025, Payable on April 11, 2025 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.295 per share of common stock for the first quarter of 2025. This represents an annualized dividend of $1.18 per share of common stock. The dividend is payable on April 11, 2025, to stockholders of record as of the close of business on March 31, 2025. Announcement • Jan 01
Essential Properties Realty Trust, Inc. to Report Q4, 2024 Results on Feb 12, 2025 Essential Properties Realty Trust, Inc. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Announcement • Dec 10
Essential Properties Realty Trust, Inc. Declares Cash Dividend for the Fourth Quarter of 2024, Payable on January 14, 2025 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.295 per share of common stock for the fourth quarter of 2024. On an annualized basis the fourth quarter 2024 dividend of $0.295 equals $1.18 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 14, 2025, to stockholders of record as of the close of business on December 31, 2024. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: US$0.28 (vs US$0.29 in 3Q 2023) Third quarter 2024 results: EPS: US$0.28. Revenue: US$117.1m (up 28% from 3Q 2023). Net income: US$49.1m (up 7.3% from 3Q 2023). Profit margin: 42% (down from 50% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the REITs industry in Europe. Upcoming Dividend • Sep 26
Upcoming dividend of US$0.29 per share Eligible shareholders must have bought the stock before 30 September 2024. Payment date: 11 October 2024. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.4%). Announcement • Sep 25
Essential Properties Realty Trust, Inc. to Report Q3, 2024 Results on Oct 23, 2024 Essential Properties Realty Trust, Inc. announced that they will report Q3, 2024 results After-Market on Oct 23, 2024 Declared Dividend • Sep 12
Second quarter dividend of US$0.29 announced Shareholders will receive a dividend of US$0.29. Ex-date: 30th September 2024 Payment date: 11th October 2024 Dividend yield will be 3.7%, which is lower than the industry average of 5.4%. Announcement • Sep 11
Essential Properties Realty Trust, Inc. Declares A Quarterly Cash Dividend for the Third Quarter of 2024, Payable on October 11, 2024 On September 5, 2024, the Board of Directors of Essential Properties Realty Trust, Inc. declared a quarterly cash dividend of $0.29 per share of common stock for the third quarter of 2024. The third quarter 2024 dividend represents an annualized dividend of $1.16 per share of common stock. The dividend is payable on October 11, 2024 to stockholders of record as of the close of business on September 30, 2024. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$0.29 (vs US$0.35 in 2Q 2023) Second quarter 2024 results: EPS: US$0.29 (down from US$0.35 in 2Q 2023). Revenue: US$109.3m (up 26% from 2Q 2023). Net income: US$51.5m (down 2.2% from 2Q 2023). Profit margin: 47% (down from 61% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the REITs industry in Europe. Announcement • Jul 02
Essential Properties Realty Trust, Inc. to Report Q2, 2024 Results on Jul 24, 2024 Essential Properties Realty Trust, Inc. announced that they will report Q2, 2024 results After-Market on Jul 24, 2024 Announcement • Jun 18
Essential Properties Realty Trust, Inc. has filed a Follow-on Equity Offering in the amount of $500 million. Essential Properties Realty Trust, Inc. has filed a Follow-on Equity Offering in the amount of $500 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Declared Dividend • Jun 10
First quarter dividend of US$0.29 announced Shareholders will receive a dividend of US$0.29. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 4.2%, which is lower than the industry average of 5.4%. Announcement • Jun 05
Essential Properties Realty Trust, Inc. Increases Quarterly Cash Dividend for the Second Quarter of 2024, Payable on July 12, 2024 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock for the second quarter of 2024. On an annualized basis the second quarter 2024 dividend of $0.29 equals $1.16 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on July 12, 2024, to stockholders of record as of the close of business on June 28, 2024. Recent Insider Transactions • May 10
Independent Director recently sold €882k worth of stock On the 7th of May, Stephen Sautel sold around 35k shares on-market at roughly €25.21 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.30 in 1Q 2023) First quarter 2024 results: EPS: US$0.28. Revenue: US$103.5m (up 24% from 1Q 2023). Net income: US$47.0m (up 9.8% from 1Q 2023). Profit margin: 45% (down from 51% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the REITs industry in Europe. Announcement • Apr 03
Essential Properties Realty Trust, Inc., Annual General Meeting, May 13, 2024 Essential Properties Realty Trust, Inc., Annual General Meeting, May 13, 2024, at 10:00 Eastern Standard Time. Agenda: To elect seven individuals to the Company’s Board of Directors (the “ Board”), each to serve until the 2025 Annual Meeting of Stockholders and until their respective successors are duly elected and qualify; to approve, on an advisory basis, the compensation of the Company’s named executive officers, as more particularly described in the Proxy Statement; to ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024; and to transact such other business as may properly come before the Annual Meeting or any postponement or adjournment thereof. Announcement • Mar 29
Essential Properties Realty Trust, Inc. to Report Q1, 2024 Results on Apr 24, 2024 Essential Properties Realty Trust, Inc. announced that they will report Q1, 2024 results After-Market on Apr 24, 2024 Upcoming Dividend • Mar 20
Upcoming dividend of US$0.28 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 12 April 2024. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.4%). Declared Dividend • Mar 10
Fourth quarter dividend of US$0.28 announced Shareholders will receive a dividend of US$0.28. Ex-date: 27th March 2024 Payment date: 12th April 2024 Dividend yield will be 4.7%, which is lower than the industry average of 5.4%. Announcement • Mar 08
Essential Properties Realty Trust, Inc. Announces Quarterly Dividend, Payable on April 12, 2024 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.285 per share of common stock for the first quarter of 2024. This represents an annualized dividend of $1.14 per share of common stock. The dividend is payable on April 12, 2024, to stockholders of record as of the close of business on March 29, 2024. Announcement • Feb 27
Essential Properties Realty Trust, Inc. Announces Executive Promotions Essential Properties Realty Trust, Inc. announced the promotion of two executives. Max Jenkins has been promoted to EVP, Head of Investments. AJ Peil, CFA has been promoted to EVP, Head of Asset Management. Mr. Jenkins joined the Company in 2018 and has served as Head of Investments since April 2021. During his tenure as Head of Investments, Mr. Jenkins has overseen a team of investment professionals supporting the Company’s growth plans, managing the sourcing and closing of transactions in excess of $2.5 billion. Prior to joining EPRT, Mr. Jenkins served in the Army as an Infantry Officer and Captain with the 75thRanger Regiment where he deployed in support of Operation Freedom’s Sentinel. Mr. Peil joined the Company in 2017 and has served as Head of Asset Management since that time. As Head of Asset Management, Mr. Peil has overseen several vital functions for the Company, including credit underwriting, asset management, and servicing. Prior to joining EPRT, Mr. Peil served as the SVP and Head of Credit for Spirit Realty Capital, a publicly-traded net lease REIT. Mr. Peil also worked within the investment division of Spirit Realty. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$1.25 (vs US$0.99 in FY 2022) Full year 2023 results: EPS: US$1.25 (up from US$0.99 in FY 2022). Revenue: US$359.6m (up 26% from FY 2022). Net income: US$190.7m (up 43% from FY 2022). Profit margin: 53% (up from 47% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.2% decline forecast for the REITs industry in Europe. Announcement • Jan 05
Essential Properties Realty Trust, Inc. to Report Q4, 2023 Results on Feb 14, 2024 Essential Properties Realty Trust, Inc. announced that they will report Q4, 2023 results After-Market on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of US$0.28 per share at 4.5% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.6%). Announcement • Dec 05
Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on January 12, 2024 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.285 per share of common stock for the fourth quarter of 2023. On an annualized basis the fourth quarter 2023 dividend of $0.285 equals $1.14 per share, an increase of $0.02 per share compared to the previous annualized dividend. The dividend is payable on January 12, 2024 to stockholders of record as of the close of business on December 29, 2023. Announcement • Nov 14
Essential Properties Realty Trust, Inc. Announces Board Changes Essential Properties Realty Trust, Inc. announced that Paul T. Bossidy has notified the Company of his intent to retire as Chairman of the Company’s Board of Directors, effective as of December 31, 2023, after nearly 7 years as Chairman. Mr. Bossidy’s retirement decision was not the result of any disagreement with the Company on any matter relating to the Company’s operations, disclosures, policies or practices. In connection with Mr. Bossidy’s retirement, the size of the Board will be reduced from eight members to seven members, and the Board has appointed current Board member, Mr. Scott A. Estes, to become the Board’s Chairman upon Mr. Bossidy’s retirement. About Mr. Estes: Mr. Estes has over 29 years of REIT industry experience. He served as Executive Vice President and Chief Financial Officer of Welltower, Inc. during his 14 year-tenure at the company. Mr. Estes currently serves as a member of the board of trustees and audit committee chairman of JBG SMITH Properties and is also a member of the board of directors and audit committee chairman of American Healthcare REIT. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.29 (vs US$0.26 in 3Q 2022) Third quarter 2023 results: EPS: US$0.29 (up from US$0.26 in 3Q 2022). Revenue: US$91.7m (up 30% from 3Q 2022). Net income: US$45.9m (up 26% from 3Q 2022). Profit margin: 50% (down from 51% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, while revenues in the REITs industry in Europe are expected to remain flat. Announcement • Sep 28
Essential Properties Realty Trust, Inc. to Report Q3, 2023 Results on Oct 25, 2023 Essential Properties Realty Trust, Inc. announced that they will report Q3, 2023 results After-Market on Oct 25, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of US$0.28 per share at 4.8% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.1%). Announcement • Sep 16
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.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 10,440,000
Price\Range: $23
Discount Per Security: $0.92 Announcement • Sep 08
Essential Properties Realty Trust, Inc. Announces Quarterly Dividend for the Third Quarter of 2023, Payable on October 13, 2023 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.28 per share of common stock for the third quarter of 2023. This represents an annualized dividend of $1.12 per share of common stock. The dividend is payable on October 13, 2023, to stockholders of record as of the close of business on September 29, 2023. Announcement • Aug 29
Essential Properties Realty Trust, Inc. Announces Additions to Senior Management Team On August 28, 2023, Essential Properties Realty Trust, Inc. announced the recent appointments of Kristin M. Walker as Senior Vice President – Real Estate Counsel and Robert W. Salisbury as Senior Vice President – Capital Markets. Prior to joining the company, Ms. Walker most recently practiced as a shareholder with Polsinelli PC, based in their Denver, Colorado office. Ms. Walker has over 17 years of legal experience specializing in commercial real estate transactions, including as lead counsel to national REIT clients in the industrial and retail/net lease markets. Mr. Salisbury has more than 18 years of experience in the real estate industry, beginning with nearly 5-years in real estate equity research at Citigroup, Bank of America Merrill Lynch and UBS Investment Bank, and thereafter in various securities and private equity platforms focused on global real estate investing. Most recently Mr. Salisbury was with Almanac Realty Investors, and prior to that Mr. Salisbury was with Citadel Investment Group and V3 Capital Management. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$0.35 (vs US$0.27 in 2Q 2022) Second quarter 2023 results: EPS: US$0.35 (up from US$0.27 in 2Q 2022). Revenue: US$86.5m (up 21% from 2Q 2022). Net income: US$52.8m (up 48% from 2Q 2022). Profit margin: 61% (up from 50% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the REITs industry in Europe are expected to remain flat. Announcement • Jun 30
Essential Properties Realty Trust, Inc. to Report Q2, 2023 Results on Jul 26, 2023 Essential Properties Realty Trust, Inc. announced that they will report Q2, 2023 results on Jul 26, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of US$0.28 per share at 4.7% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.4%). Announcement • Jun 13
Essential Properties Realty Trust, Inc. Increases Quarterly Dividend, Payable on July 14, 2023 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.28 per share of common stock for the second quarter of 2023. On an annualized basis, this dividend of $1.12 per share of common stock represents an increase of $0.02 per share over the previous annualized dividend. The dividend is payable on July 14, 2023, to stockholders of record as of the close of business on June 30, 2023. Announcement • Jun 06
Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired Nine owned properties from Red Robin Gourmet Burgers, Inc. (NasdaqGS:RRGB) for approximately $29 million. Essential Properties Realty Trust, Inc. (NYSE:EPRT) acquired Nine owned properties from Red Robin Gourmet Burgers, Inc. (NasdaqGS:RRGB) for approximately $29 million on June 5, 2023. Proceeds from the transaction will be used to repay debt and fund capital investments, pursuant to the Company’s Credit Agreement, and support repurchasing shares of Company stock. CBRE Group served as an advisor to Red Robin on the transaction.
Essential Properties Realty Trust, Inc. (NYSE:EPRT) completed the acquisition of Nine owned properties from Red Robin Gourmet Burgers, Inc. (NasdaqGS:RRGB) on June 5, 2023. Reported Earnings • Apr 28
First quarter 2023 earnings released: FFO per share: US$0.4 (vs US$0.41 in 1Q 2022) First quarter 2023 results: FFO per share: US$0.4 (up from US$0.41 in 1Q 2022). Revenue: US$82.6m (up 18% from 1Q 2022). Funds from operations (FFO): US$62.6m (up 27% from 1Q 2022). FFO margin: 76% (up from 71% in 1Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the REITs industry in Europe. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.28 per share at 4.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.1%). Reported Earnings • Feb 18
Full year 2022 earnings released: FFO per share: US$1.6 (vs US$1.39 in FY 2021) Full year 2022 results: FFO per share: US$1.6 (up from US$1.39 in FY 2021). Revenue: US$286.5m (up 25% from FY 2021). Funds from operations (FFO): US$212.7m (up 31% from FY 2021). FFO margin: 74% (up from 71% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the REITs industry in Europe. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Janu Sivanesan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 24
Essential Properties Realty Trust, Inc. to Report Q4, 2022 Results on Feb 15, 2023 Essential Properties Realty Trust, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 15, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of US$0.28 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%). Announcement • Dec 02
Essential Properties Realty Trust, Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2022, Payable on January 13, 2023 Essential Properties Realty Trust, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.275 per share of common stock for the fourth quarter of 2022. On an annualized basis, this dividend of $1.10 per share of common stock represents an increase of $0.02 per share over the previous annualized dividend. The dividend is payable on January 13, 2023, to stockholders of record as of the close of business on December 30, 2022. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: US$0.26 (vs US$0.23 in 3Q 2021) Third quarter 2022 results: EPS: US$0.26 (up from US$0.23 in 3Q 2021). Revenue: US$70.7m (up 19% from 3Q 2021). Net income: US$36.4m (up 33% from 3Q 2021). Profit margin: 52% (up from 46% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Announcement • Oct 05
Essential Properties Realty Trust, Inc. to Report Q3, 2022 Results on Oct 27, 2022 Essential Properties Realty Trust, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (5.4%). Announcement • Sep 08
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. announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock for the third quarter of 2022. This represents an annualized dividend of $1.08 per share of common stock. The dividend is payable on October 14, 2022 to stockholders of record as of the close of business on September 30, 2022. Announcement • Aug 03
Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $174.8 million. Essential Properties Realty Trust, Inc. has completed a Follow-on Equity Offering in the amount of $174.8 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 7,600,000
Price\Range: $23
Discount Per Security: $0.92
Security Features: Income Trust Reported Earnings • Jul 30
Second quarter 2022 earnings released: FFO: US$71.0m per share (vs US$0.35 in 2Q 2021) Second quarter 2022 results: FFO: US$71.0m per share (up from US$0.35 in 2Q 2021). Revenue: US$71.0m (up 25% from 2Q 2021). Funds from operations (FFO): US$54.0m (up 45% from 2Q 2021). FFO margin: 76% (up from 65% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 24% while the industry in Germany is not expected to grow.