EPRT Intrinsic Stock Value – Arizona State Retirement System Boosts Stake in Essential Properties Realty Trust,
November 9, 2023
☀️Trending News
The Arizona State Retirement System (ASRS) has recently increased its stock holdings in Essential Properties Realty ($NYSE:EPRT) Trust, Inc. (EPRT). EPRT is a publicly traded real estate investment trust (REIT) that focuses on owning and operating single-tenant business properties. The company’s mission is to provide investors with attractive total returns through dividend income and capital appreciation.
The company has consistently generated strong cash flow from its properties, resulting in attractive dividend yields and long-term capital appreciation for shareholders. ASRS’s decision to increase its holdings in EPRT is a testament to the company’s ability to generate attractive returns for its shareholders.
Price History
At the start of the day, ESSENTIAL PROPERTIES REALTY TRUST opened at $22.9 per share, an increase of 2.5% from the previous day’s closing price of $22.5. By the end of trading, the stock had further increased, closing at $23.1 per share. This increase can be attributed to the Arizona State Retirement System’s purchase of additional shares in the company, boosting their total stake in it. This positive news provided a boost to investor confidence in the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for EPRT. More…
| Total Revenues | Net Income | Net Margin |
| 336.14 | 176.94 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for EPRT. More…
| Operations | Investing | Financing |
| 238.43 | -810.27 | 469.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for EPRT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.51k | 1.67k | 18.13 |
Key Ratios Snapshot
Some of the financial key ratios for EPRT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 60.5% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – EPRT Intrinsic Stock Value
At GoodWhale we take a thorough look at the financials of ESSENTIAL PROPERTIES REALTY TRUST to help you make informed investment decisions. With our proprietary Valuation Line, we have determined the intrinsic value of ESSENTIAL PROPERTIES REALTY TRUST shares to be around $26.0. Currently, the stock is trading at $23.1, which is a fair price but significantly undervalued by 11.1%. More…
Peers
The company’s competitors include Balkan and Sea Properties Reit-Varna, Emirates Properties REIT, and Melcor Real Estate Investment Trust.
– Balkan and Sea Properties Reit-Varna ($LTS:0HZU)
Balkan and Sea Properties Reit-Varna is a real estate investment trust that owns and operates a portfolio of properties in the Balkans and the Black Sea region. The company’s portfolio includes office buildings, retail centers, hotels, and residential properties.
– Emirates Properties REIT ($LTS:0NXF)
Melcor Real Estate Investment Trust is a Canadian company that owns, develops, and operates a portfolio of properties in Alberta and Ontario. As of 2022, the company had a market capitalization of $72.85 million. The company’s portfolio includes office, retail, industrial, and residential properties.
Summary
EPRT is a net-lease real estate investment trust focused on the acquisition and ownership of single-tenant, mission critical commercial real estate properties. Analysts expect strong performance from EPRT in the coming quarters given its long-term leases and diversified tenant base. Additionally, EPRT’s recent acquisition of over 4 million square feet of industrial space provides a steady income stream. With its low leverage and high reinvestment potential, EPRT could be a good long-term investment for investors looking for stability and reliable returns.
