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25.06.25 - 22:06
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Essential Properties Realty Trust, Inc. to Report Second Quarter 2025 Results on July 23, 2025 (Business Wire)
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PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) announced today that the Company will release its operating results for the quarter ended June 30, 2025, after the market close on Wednesday, July 23, 2025. The Company will host its second quarter 2025 earnings conference call and audio webcast on Thursday, July 24, 2025, at 10:00 a.m. Eastern Time.
A webcast of the conference call will be available on the Investor Relations section of the Company's website at www.essentialproperties.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.
Direct Link to Webcast:
https://viavid.webcasts.com/starthere.jsp?ei=1725483&tp_key=f11e664d0f
To Participate in the Telephone Conference Call:
Dial in at least five minutes prior to start time
Domestic: 800-274-8461
International: 203-518-9814
Conference ID: EPRT...
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02.06.25 - 22:06
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Essential Properties Realty Trust, Inc. Increases Quarterly Dividend to $0.30 per Share, an Increase of Approximately 2% Over Prior Quarter (Business Wire)
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PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today 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.
About Essential Properties Realty Trust, Inc.
Essential Properties Realty Trust, Inc. is an internally managed REIT 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 March 31, 2025, the Company's portfolio consisted of 2,138 freestanding net lease properties with a weighted average lease term of 14.0 years and a weighted average rent coverage ratio ...
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23.04.25 - 22:06
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Essential Properties Announces First Quarter 2025 Results (Business Wire)
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- First Quarter Net Income per Share of $0.29 and AFFO per Share of $0.45 -
- Closed Investments of $307.7 million at a 7.8% Weighted Average Cash Cap Rate -
- Reiterates 2025 AFFO Guidance of $1.85 to $1.89 per Share -
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) today announced operating results for the three months ended March 31, 2025.
First Quarter 2025 Financial and Operating Highlights:
Operating Results (compared to First Quarter 2024):
•Investments (48 properties)
$ Invested
$307.7 million
Weighted Avg Cash Cap Rate
7.8%
•Dispositions (11 properties)
Net Proceeds
$24.3 million
Weighted Avg Cash Cap Rate
6.9%
•Net Income per Share
Increased by 4%
$0.29
•Funds from Operations (“FFO”) per Share
Increased by 4%
$0.48
•Core Funds from Operations (“Core FFO”) per Share
Increased by 4%
$0.48
•Adjusted Funds from Operations (“AFFO”) per Share
Increased by 7%
$0.45
Equity & Leve...
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01.04.25 - 22:06
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Essential Properties Realty Trust, Inc. to Report First Quarter 2025 Results on April 23, 2025 (Business Wire)
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PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) announced today that the Company will release its operating results for the first quarter ended March 31, 2025, after the market close on Wednesday, April 23, 2025. The Company will host its first quarter 2025 earnings conference call and audio webcast on Thursday, April 24, 2025, at 10:00 a.m. Eastern Time to discuss its operating results.
A webcast of the conference call will be available on the Investor Relations section of the Company's website at www.essentialproperties.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.
Direct Link to Webcast:
https://viavid.webcasts.com/starthere.jsp?ei=1714310&tp_key=6bcfda7769
To Participate in the Telephone Conference Call:
Dial in at least five minutes prior to start time
Domestic: 800-274-8461
Intern...
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27.03.25 - 21:09
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Essential Properties Realty Trust, Inc. Announces Executive Promotions (Business Wire)
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PRINCETON, N.J.--(BUSINESS WIRE)--Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) 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.
Pete Mavoides, the Company's President and Chief Executive Officer, said, “We are pleased to recognize these three senior leaders for their contributions as partners in the business. As the Company has grown, we have broadened the executive team to strengthen our foundation for sustained growth and long-term shareholder value creation.”
About Essential Properties Realty Trust, Inc.
Essential Properties Realty Trust, Inc. is an internally managed REIT 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 bu...
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19.03.25 - 03:06
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Essential Properties Realty Trust, Inc. Announces Pricing of Upsized Public Offering of Common Stock (Business Wire)
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PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today the pricing of an upsized underwritten public offering of 8,200,000 shares of its common stock, all of which are being offered in connection with the forward sale agreements described below. The aggregate gross proceeds to the Company from the offering, before deducting estimated offering expenses, are expected to be approximately $254.2 million. The offering is expected to close on March 20, 2025, subject to customary closing conditions.
Wells Fargo Securities and BofA Securities are acting as the underwriters for the offering.
In connection with the offering, the Company entered into forward sale agreements with Wells Fargo Securities and BofA Securities (or affiliates thereof) (the “forward purchasers”), with respect to 8,200,000 shares of the Company's common stock.
The underwriters have been granted a 30-day option, exercisable in whole or in part from time to time, to purcha...
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18.03.25 - 21:36
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Essential Properties Realty Trust, Inc. Announces Public Offering of Common Stock (Business Wire)
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PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that it has commenced an underwritten public offering of 8,000,000 shares of its common stock on a forward basis in connection with the forward sale agreements described below.
Wells Fargo Securities and BofA Securities are acting as the underwriters for the offering.
In connection with the offering, the Company expects to enter into forward sale agreements with Wells Fargo Securities and BofA Securities (or affiliates thereof) (the “forward purchasers”), with respect to 8,000,000 shares of the Company's common stock.
The underwriters expect to be granted a 30-day option, exercisable in whole or in part from time to time, to purchase up to an additional 1,200,000 shares of the Company's common stock. If the option to purchase additional shares of the Company's common stock is exercised, the Company expects to enter into one or more additional forward sale agreements with the for...
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10.03.25 - 13:03
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Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.295 per Share for the First Quarter of 2025 (Business Wire)
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PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today 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.
About Essential Properties Realty Trust, Inc.
Essential Properties Realty Trust, Inc. is an internally managed REIT 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 December 31, 2024, the Company's portfolio consisted of 2,104 freestanding net lease properties with a weighted average lease term of 14.0 years and a weighted average rent coverage ratio of 3.5x. In addition, as of December 31, 2024, the Company's portfolio was 99.7% leas...
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