Symbol: EPRT
CIK: 1728951
Exchange: NYSE
Founded: 2016 (5 years)
HQ: Princeton, NJ, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail
Internally Managed REIT
See EPRT on Google Finance
See EPRT on Yahoo Finance
See EPRT on SEC.gov
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See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Properties | Types | States | Countries |
---|---|---|---|
789 | 1 | 48 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
See Annual Balance Sheet | See Quarterly Balance Sheet
See Annual Income Statement | See Quarterly Income Statement
See Annual Cash Flow | See Quarterly Cash Flow
Essential Properties is a privately held real estate operating company based in Princeton, NJ, that owns, acquires, and manages single-tenant net lease (STNL) properties. By utilizing sale-leaseback transactions, Essential provides growth capital to middle-market companies with attractive credit profiles and stable operating histories. Essential primarily targets tenants that operate service-oriented and experience-based businesses including: Restaurants; Car Washes and Automotive Services; Convenience Stores and Gas Stations; Medical, Dental, and Veterinarian Services; Early Childhood Education; Movie Theaters and Entertainment; Health and Fitness, and others. Essential Properties Realty Trust, Inc. is an internally managed real estate company that acquires, 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. As of June 30, 2019, the Company’s portfolio consisted of 789 freestanding net lease properties with a weighted average lease term of 14.5 years and a weighted average rent coverage ratio of 2.9x. As of the same date, the Company’s portfolio was 100.0% leased to 184 tenants operating 219 different concepts in 16 distinct industries across 45 states.
Rating | Dividend Section | Avg. Rating |
---|---|---|
2 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.0 |
Rating | AFFO & Efficiency Section | Avg. Rating |
10 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 7.9 |
9 | AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
9 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.0 |
10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.7 |
Rating | Leverage Section | Avg. Rating |
8 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 6.2 |
10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 7.8 |
9 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
10 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.6 |
9 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
9 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.7 |
Rating | Asset & Revenue Section | Avg. Rating |
10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.0 |
10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.9 |
Rating | Properties Section | Avg. Rating |
10 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.4 |
9 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 6.9 |
9 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
Rating | Market Cap Section | Avg. Rating |
9 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 4.8 |
8.9 | Overall REITRating™ Score (See trend) | 6.1 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
---|---|---|---|---|---|
Agree Realty Corp. (ADC) | 9.4 | NYSE | Mid-Cap | Retail | United States |
Brixmor Property Group, Inc. (BRX) | 6.6 | NYSE | Mid-Cap | Retail | United States |
Brookfield Property REIT (BPY) | 5.3 | NASDAQ | Mid-Cap | Industrial Hotel Office Self Storage Retail Specialty | United States |
Federal Realty Investment Trust (FRT) | 7.2 | NYSE | Mid-Cap | Retail | United States |
Four Corners Property Trust, Inc. (FCPT) | 8.3 | NYSE | Mid-Cap | Retail | United States |
Last updated: 2021-01-18