Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. More Details
Average dividend payer and slightly overvalued.
Share Price & News
How has Essential Properties Realty Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EPRT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EPRT's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: EPRT exceeded the US REITs industry which returned 32.1% over the past year.
Return vs Market: EPRT exceeded the US Market which returned 51.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Essential Properties Realty Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StEssential Properties Realty Trust, Inc.'s (NYSE:EPRT) Stock Is Going Strong: Have Financials A Role To Play?
1 month ago | Simply Wall StHave Insiders Been Buying Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares?
2 months ago | Simply Wall StIf You Had Bought Essential Properties Realty Trust's (NYSE:EPRT) Shares A Year Ago You Would Be Down 14%
Is Essential Properties Realty Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EPRT ($25.92) is trading below our estimate of fair value ($50.77)
Significantly Below Fair Value: EPRT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EPRT is poor value based on its PE Ratio (59.7x) compared to the US REITs industry average (46.8x).
PE vs Market: EPRT is poor value based on its PE Ratio (59.7x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: EPRT is poor value based on its PEG Ratio (4.6x)
Price to Book Ratio
PB vs Industry: EPRT's PB Ratio (1.7x) is in line with the US REITs industry average.
How is Essential Properties Realty Trust forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EPRT's forecast earnings growth (12.8% per year) is above the savings rate (2%).
Earnings vs Market: EPRT's earnings (12.8% per year) are forecast to grow slower than the US market (15.4% per year).
High Growth Earnings: EPRT's earnings are forecast to grow, but not significantly.
Revenue vs Market: EPRT's revenue (13.7% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: EPRT's revenue (13.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EPRT's Return on Equity is forecast to be high in 3 years time
How has Essential Properties Realty Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EPRT has high quality earnings.
Growing Profit Margin: EPRT's current net profit margins (25.3%) are lower than last year (32.9%).
Past Earnings Growth Analysis
Earnings Trend: EPRT's earnings have grown significantly by 53.6% per year over the past 5 years.
Accelerating Growth: EPRT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EPRT had negative earnings growth (-12.2%) over the past year, making it difficult to compare to the REITs industry average (-8.5%).
Return on Equity
High ROE: EPRT's Return on Equity (2.7%) is considered low.
How is Essential Properties Realty Trust's financial position?
Financial Position Analysis
Short Term Liabilities: EPRT's short term assets ($111.9M) exceed its short term liabilities ($35.8M).
Long Term Liabilities: EPRT's short term assets ($111.9M) do not cover its long term liabilities ($972.7M).
Debt to Equity History and Analysis
Debt Level: EPRT's debt to equity ratio (57.8%) is considered high.
Reducing Debt: Insufficient data to determine if EPRT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EPRT's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: EPRT's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Essential Properties Realty Trust current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EPRT's dividend (3.7%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: EPRT's dividend (3.7%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, EPRT has been paying a dividend for less than 10 years.
Growing Dividend: EPRT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83%), EPRT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EPRT's dividends in 3 years are forecast to be covered by earnings (70.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pete Mavoides (53 yo)
Mr. Peter M. Mavoides, also known as Pete, has been the President & Chief Executive Officer of Essential Properties Realty Trust, Inc. since January 12, 2018 and he held similar positions since March 2016 ...
CEO Compensation Analysis
Compensation vs Market: Pete's total compensation ($USD2.78M) is below average for companies of similar size in the US market ($USD5.41M).
Compensation vs Earnings: Pete's compensation has been consistent with company performance over the past year.
Experienced Management: EPRT's management team is considered experienced (3.3 years average tenure).
Experienced Board: EPRT's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EPRT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.1%.
Essential Properties Realty Trust, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Essential Properties Realty Trust, Inc.
- Ticker: EPRT
- Exchange: NYSE
- Founded: 2016
- Industry: Diversified REITs
- Sector: Real Estate
- Implied Market Cap: US$3.054b
- Market Cap: US$3.040b
- Shares outstanding: 117.82m
- Website: https://essentialproperties.com
Number of Employees
- Essential Properties Realty Trust, Inc.
- 902 Carnegie Center Boulevard
- Suite 520
- New Jersey
- United States
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...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 23:51|
|End of Day Share Price||2021/05/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.