EPRT
Essential Properties Realty Trust (NYSE: EPRT) reported strong Q1 2026 AFFO of $105.
Article Summary
HOLD- Essential Properties Realty Trust (NYSE: EPRT) reported strong Q1 2026 AFFO of $105.8 million and $0.50 per share, up 11% year-over-year, driven by $389 million in investment activity and $419 million in equity raised to support its investment pipeline.
- Essential Properties Realty Trust maintained a low leverage ratio of 3.5 times pro forma net debt to adjusted EBITDAre and maintained a payout ratio of 62%, supported by a 99.7% occupancy rate and $8 million in cash G&A.
- Cap rates declined slightly to 7.7%, reflecting market conditions and industry mix, and guidance was raised to $2.05 per share reflecting confidence in future growth.
- However, the company faces uncertainty tied to one of its restaurant tenants filing for bankruptcy and a term loan expiration in early 2027 that could impact future refinancing.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 24.2% | 25% | 70.0 ptsGood (24.2%) - Healthy growth |
| EPS Growth Next 5Y ? | 3.8% | 25% | 10.0 ptsVery Weak (3.8%) - Minimal expectations |
| Target Price Upside ? | 17.5% | 20% | 60.0 ptsModerate Upside (17.5%) - Target: $37.23 vs Current: $31.68 |
| Gross Margin % ? | 71.4% | 15% | 100.0 ptsExceptional (71.4%) - Strong pricing power |
| Drawdown from 52-Wk High ? | -8.8% | 15% | 20.0 ptsBarely a Dip (-8.8%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About EPRT
- 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.
- The company qualifies as a real estate investment trust for federal income tax purposes.
- It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
- The company was founded in 2016 and is headquartered in Princeton, New Jersey.