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, and health and fitness on a long-term basis. As of December 31, 2020, it had a portfolio of 1,181 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.
IPO Year: 2018
Exchange: NYSE
Website: essentialproperties.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2025 | $29.50 → $33.50 | Buy → Neutral | B. Riley Securities |
| 2/12/2025 | $35.00 | Overweight | CapitalOne |
| 12/17/2024 | $35.94 | Overweight | Barclays |
| 12/11/2024 | $38.00 | Buy | Deutsche Bank |
| 8/19/2024 | Outperform | Wedbush | |
| 7/17/2024 | $30.00 → $32.00 | Outperform → In-line | Evercore ISI |
| 6/28/2024 | $33.00 | Buy | Goldman |
| 5/31/2024 | $30.00 | Buy | UBS |
| 3/22/2024 | $25.00 → $28.50 | Neutral → Buy | Citigroup |
| 2/13/2024 | $29.00 | Outperform | BMO Capital Markets |