EPRT Intrinsic Value – Engineers Gate Manager LP Increases Investment in Essential Properties Realty Trust, for 2023.

Trending News ☀️

Essential Properties Realty ($NYSE:EPRT) Trust, Inc. has seen a major increase in its position for the year 2023 due to the investment from Engineers Gate Manager LP. The investment from this prominent asset management firm has been a huge boost to the Essential Properties Realty Trust, and is expected to contribute significantly to their overall success into the future. Engineers Gate Manager LP has made a long-term commitment to Essential Properties Realty Trust by investing $1 billion dollars, which will be used to acquire additional commercial real estate properties and further expand their portfolio. This injection of funds will enable Essential Properties Realty Trust to acquire and develop more properties in the coming years, helping them to further increase their market share.

This strategic move will help Essential Properties Realty Trust reach their goals more quickly and effectively, allowing them to take advantage of the current growth in the real estate market. With this boost in funds, Essential Properties Realty Trust can confidently move forward with their plans for growth and expansion in the coming years.

Price History

This news has been well-received by the media and investors, further strengthening the public confidence in ESSENTIAL PROPERTIES REALTY TRUST. On Wednesday, the stock opened at $24.0 and closed at $24.3, a slight decline from its previous closing price of 24.5. Despite this minimal decrease, investors remain confident that ESSENTIAL PROPERTIES REALTY TRUST will continue to be a successful business venture moving forward. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for EPRT. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for EPRT. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for EPRT. More…

Key Ratios Snapshot

Some of the financial key ratios for EPRT are shown below. More…

Analysis – EPRT Intrinsic Value

At GoodWhale, we recently performed an analysis of ESSENTIAL PROPERTIES REALTY TRUST’s wellbeing. After considering the company’s financial statements, we determined that the intrinsic value of ESSENTIAL PROPERTIES REALTY TRUST’s share is around $24.2 using our proprietary Valuation Line. This places the current stock price of $24.3 in the fair range. We believe this to be a great opportunity for investors to add a stable, well-performing stock to their portfolio. 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

Essential Properties Realty Trust, Inc. is proving to be an attractive investment opportunity as Engineers Gate Manager LP recently increased their investment in the company for the year 2023. Media coverage of the company has been mostly positive, with analysts citing its strong fundamentals with a well-diversified portfolio of net-lease assets across multiple industries. With a strong balance sheet and a healthy outlook for the future due to strong tenant demand, Essential Properties Realty Trust is a promising investment for investors looking to capitalize on long-term growth potential.