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EPRT — NYSE Diversified REITs

Essential Properties Realty Trust, Inc.

$31,15
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Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
6,6B USD
P/E
28,1x
EV / Rev
12,6x
Div yield
—
Op margin
64,1 %
ROE
5,8 %
Net margin
45,1 %
Debt / equity
—
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
$32,10
Open
—
Next earnings
2026-10-28
Ex-dividend
—
TR 1Y
—
About

ESSENTIAL PROPERTIES REALTY TRUST, INC. is classified under Real Estate / Real Estate Investment Trusts and appears profitable on the latest normalized snapshot.

Business. ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) is a diversified real estate investment trust that generates revenue primarily through rental income. The company is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol EPRT. As a diversified REIT, its operations are not broken down into specific operating segments or geographic regions in the provided data.

Classification99 %
SectorReal Estate
Industry groupDiversified REITs
Generated · rules-based
Sell-side consensus
BUY20 analysts
19 buy1 hold0 sell
Avg 12m price target36,86

Analyst recommendations

20 analysts · consensus Buy
Buy19
Hold1
Sell0
12-month price target
36,86
Consensus of sell-side coverage.
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
—
not yet scored
Valuation→
28,1x
P/E
Analysts→
Buy
20 analysts · indicative
Ownership→
EATON VANCE MANAGEMENT
largest disclosed fund holder
Profitability→
5,8 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning EPRT.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to EPRT. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    Essential Properties Realty Trust, Inc. (EPRT) has seen a wave of new institutional investors establish positions in the company, marking a notable shift in its shareholder base. Recent data reveals multiple "add" signals from various investors, indicating fresh capital inflows rather than mere rebalancing of existing holdings. This activity suggests growing interest from the investment community in the REIT's underlying assets or strategic direction, even as the company maintains a lean executive structure with only one reported officer. The most significant new position was established by investor ID 466, who acquired 33,677,770 shares valued at approximately $933.2 million as of June 30, 2024. This substantial stake represents a 2.12% weight in the investor's portfolio, highlighting a strong conviction in EPRT's long-term prospects. The timing of this acquisition, detected in mid-2026, underscores a continued willingness among large funds to deploy capital into the real estate sector despite broader market uncertainties. In addition to the largest entry, several other investors initiated positions during the first quarter of 2026. Investor ID 467 added 11,467,567 shares worth roughly $351.6 million, while investor ID 481 acquired 3,716,634 shares valued at $112.8 million. Smaller but notable additions were made by investors ID 486, ID 487, ID 475, and ID 478, with holdings ranging from $0.01 million to $138.9 million. These coordinated entries suggest a broadening base of support among diverse institutional players. This influx of new holders is particularly relevant given that EPRT currently has no analyst coverage and is not included in any major indices, according to the company's profile. With 33 top holders now tracking the stock, the absence of sell-side research means that price discovery and valuation are driven primarily by these institutional investors' direct assessments. The accumulation of shares by multiple new entities may signal a consensus view on the company's value, potentially reducing reliance on external ratings or index inclusion for liquidity and visibility.

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) is a diversified real estate investment trust that generates revenue primarily through rental income. The company is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol EPRT. As a diversified REIT, its operations are not broken down into specific operating segments or geographic regions in the provided data.

    Classification99 %
    SectorReal Estate
    Industry groupDiversified REITs
    AI synthesis
    GENERATED

    ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) is currently classified as Equity REITs within Real Estate Investment Trusts (Real Estate). Classification confidence: 0.98 (rule-based classification). Capital structure on the latest snapshot: total assets 7,153,123,000 USD, total equity 4,389,425,000, short-term debt 0, long-term debt 0. Net cash position is approximately 15,176,000 USD. Self-calculated market cap is 7,099,931,145 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 158,798,000, gross profit 0, operating income 89,647,000, net income 59,792,000. Return on equity ~5.8%. Return on assets ~3.5%. Operating-cash-flow to net-income ratio is 1.51. Risk profile from automated assessment: liquidity risk low, dilution risk medium. Flags: Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] 8-K: 8-K (sec_8k_material) on EPRT — filing_type=8-K; max_severity=medium; ignored_items=['7.01', '9.01']; material_items=['2.02']; all_items_found=['2.02', '7.01', '9.01']; severity_per_code={'2.02': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001728951-26-000049). Additional context: 8-K: filing_type=8-K; max_severity=medium; ignored_items=['7.01', '9.01']; material_items=['2.02']; all_items_found=['2.02', '7.01', '9.01']; severity_per_code={'2.02': 'medium'}; contributing_watchers=sec_8k_material.

    Essential Properties Realty Trust, Inc. (EPRT) has seen a wave of new institutional investors establish positions in the company, marking a notable shift in its shareholder base. Recent data reveals multiple "add" signals from various investors, indicating fresh capital inflows rather than mere rebalancing of existing holdings. This activity suggests growing interest from the investment community in the REIT's underlying assets or strategic direction, even as the company maintains a lean executive structure with only one reported officer. The most significant new position was established by investor ID 466, who acquired 33,677,770 shares valued at approximately $933.2 million as of June 30, 2024. This substantial stake represents a 2.12% weight in the investor's portfolio, highlighting a strong conviction in EPRT's long-term prospects. The timing of this acquisition, detected in mid-2026, underscores a continued willingness among large funds to deploy capital into the real estate sector despite broader market uncertainties. In addition to the largest entry, several other investors initiated positions during the first quarter of 2026. Investor ID 467 added 11,467,567 shares worth roughly $351.6 million, while investor ID 481 acquired 3,716,634 shares valued at $112.8 million. Smaller but notable additions were made by investors ID 486, ID 487, ID 475, and ID 478, with holdings ranging from $0.01 million to $138.9 million. These coordinated entries suggest a broadening base of support among diverse institutional players. This influx of new holders is particularly relevant given that EPRT currently has no analyst coverage and is not included in any major indices, according to the company's profile. With 33 top holders now tracking the stock, the absence of sell-side research means that price discovery and valuation are driven primarily by these institutional investors' direct assessments. The accumulation of shares by multiple new entities may signal a consensus view on the company's value, potentially reducing reliance on external ratings or index inclusion for liquidity and visibility.

    Key takeaways
    • Observed GAAP P/E is about 28.06x.
    • Return on equity is about 5.8%.
    • Debt to equity is about 0.0x.
    • [TRIGGER] 8-K: 8-K (sec_8k_material) on EPRT — filing_type=8-K; max_severity=medium; ignored_items=['7.01', '9.01']; material_items=['2.02']; all_items_found=['2.02', '7.01', '9.01']; severity_per_code={'2.02': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001728951-26-000049)
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STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.
    • CONSOLIDATED FINANCIAL STATEMENTS Consolidated Statements of Operations Three months ended March 31, (Unaudited, in thousands, except share and per share data) 2026 2025 Revenues: Rental revenue $ 149,392 $ 121,792 Interest on loans and direct financing lease receivables 8,627 7,525 Other revenue, net 779 37 Total revenues 158,798 129,354 Expenses: General and administrative 12,327 11,543 Property expenses 1,495 2,257 Depreciation and amortization 43,189 34,993 Provision for impairment of real estate 16,830 5,883 Change in provision for credit losses 622 44 Total expenses 74,463 54,720 Other operating income: Gain on dispositions of real estate, net 5,312 4,984 Income from operations 89,647 79,618 Other (expense)/income: Interest expense ( 29,947 ) ( 23,793 ) Interest income 410 614 Income before income tax expense 60,110 56,439 Income tax expense 160 158 Net income 59,950 56,281 Net income attributable to non-controlling interests ( 158 ) ( 173 ) Net income attributable to stockholders $ 59,792 $ 56,108 Basic weighted average shares outstanding 210,177,842 188,460,600 Basic net income per share $ 0.28 $ 0.30 Diluted weighted average shares outstanding 212,064,849 190,955,103 Diluted net income per share $ 0.28 $ 0.29 The accompanying notes are an integral part of these consolidated financial statements.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 2

    Analysts project 19.1% upside to a mean price target of $37.24, reflecting strong market confidence in the company's future performance.

    Revenue CAGR of 11.8% from FY2023 to FY2025 indicates a strong historical growth trajectory despite recent period fluctuations.

    BEAR CASE · 4

    Year-over-year revenue declined by 19.9% in the latest period, signaling a significant contraction in top-line growth momentum.

    Net debt to EBITDA stands at 4.87, indicating a medium leverage band that may constrain financial flexibility during economic downturns.

    The company faces medium dilution risk, which could negatively impact per-share value and existing shareholder equity over time.

    Net income CAGR of only 3.2% from FY2023 to FY2025 suggests modest earnings growth relative to the higher revenue expansion rate.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-03-31
    Q4 2025 · Quarter highlights

    Revenue $158.8M; Operating income $89.6M.

    Revenue$158.8M
    Operating income$89.6M
    Net income$59.8M
    Free cash flow—
    EPS—
    Operating cash flow$99.8M
    Financials
    Income statement
    Revenue$158.8M
    Gross profit—
    Operating income$89.6M
    Net income$59.8M
    Margins
    Gross margin—
    Operating margin56.5%
    Net margin37.7%
    FCF margin—
    Balance sheet
    Total assets$7.15B
    Total liabilities$2.76B
    Total equity$4.39B
    Cash & equivalents$15.2M
    Long-term debt—
    Cash flow
    Operating cash flow$99.8M
    CapEx—
    Free cash flow—
    SBC$4.2M
    P&L flow · revenue → net income
    Revenue $158.8MOperating costs $69.2MTax $29.9MNet income $59.8M
    Highlights
    • ▍Revenue $158.8M
    • ▍Operating income $89.6M
    • ▍Net margin 37.7%

    Valuation FY

    Market price
    $31,15
    Market cap
    $7.10B
    Enterprise valueⓘ
    $7.08B
    P/Eⓘ
    28.1x
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    12.6x
    EV / Op incomeⓘ
    19.7x
    EV / OCFⓘ
    18.6x
    P / Bⓘ
    1.6x
    P / Tangible bookⓘ
    1.6x
    Tangible book
    $4.34B
    Net cashⓘ
    $15.2M
    Current ratioⓘ
    —
    Debt / equityⓘ
    —
    ROAⓘ
    3.5%
    ROEⓘ
    5.8%
    Cash conversionⓘ
    151.0%
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
    2.4%
    Dilution ratioⓘ
    -1.9%

    Revenue by segment

    Commercial Mortgage Loans—
    low · business_description · 2026-07-03
    Net Lease Properties—
    low · business_description · 2026-07-03

    Market share

    INDUSTRYSEGMENTCOMPANYReal EstateIndustryDiversified REITs3,6B node revenueWPC 47,9%EPR 20,1%EPRT 15,7%SAFE 10,8%NXDT 2,4%FVR 1,9%FREVS 0,8%KBSR 0,5%
    Source: company disclosures · own-taxonomy revenue-covered setEPRT 15,7% · rank #3 of 8

    Business relationships

    Business relationships20 disclosed relationships · 1 type · extracted from filings & disclosures
    Subsidiaries20
    EX21:0134a3e23b54EX21:0134a3e23b54Subsidiarie97%
    EX21:171ac3ad87feEX21:171ac3ad87feSubsidiarie97%
    EX21:1814d06aa585EX21:1814d06aa585Subsidiarie97%
    EX21:281b6c1c753aEX21:281b6c1c753aSubsidiarie97%
    EX21:3df6a3117df9EX21:3df6a3117df9Subsidiarie97%
    EX21:3eb61da02b97EX21:3eb61da02b97Subsidiarie97%
    EX21:5cb90a20cf05EX21:5cb90a20cf05Subsidiarie97%
    EX21:654c9bbdf5b3EX21:654c9bbdf5b3Subsidiarie97%
    EX21:7f3b1c0425ffEX21:7f3b1c0425ffSubsidiarie97%
    EX21:8383a81c93baEX21:8383a81c93baSubsidiarie97%
    EX21:9dc44e77bcabEX21:9dc44e77bcabSubsidiarie97%
    EX21:a17b1d9bcd12EX21:a17b1d9bcd12Subsidiarie97%
    EX21:a2696c6441c0EX21:a2696c6441c0Subsidiarie97%
    EX21:a31583510db8EX21:a31583510db8Subsidiarie97%
    EX21:b554ef0384eeEX21:b554ef0384eeSubsidiarie97%
    EX21:c21b8213cbd5EX21:c21b8213cbd5Subsidiarie97%
    EX21:c529c271af9dEX21:c529c271af9dSubsidiarie97%
    EX21:d61555f8231fEX21:d61555f8231fSubsidiarie97%
    EX21:db0c474ee940EX21:db0c474ee940Subsidiarie97%
    EX21:ee55b404dd4eEX21:ee55b404dd4eSubsidiarie97%

    Supply chain

    — missing data

    Peer comparison

    Peer comparison7 peers · vs EPRT · multiples and returns
    WP
    WPC—
    Wp Carey Inc
    —
    —
    P/E
    —
    — vs self
    Div yield
    —
    — vs self
    ROE
    —
    — vs self
    EP
    EPR—
    Epr Properties
    $61,21
    4,7B USD
    P/E
    15,5x
    -12,6 vs self
    Div yield
    5,5 %
    — vs self
    ROE
    11,9 %
    +6,1 vs self
    SA
    SAFE—
    Safehold Inc
    $16,45
    1,2B USD
    P/E
    9,5x
    -18,5 vs self
    Div yield
    4,7 %
    — vs self
    ROE
    4,7 %
    -1,0 vs self
    NX
    NXDT—
    NexPoint Diversified Real Estate Trust
    $4,62
    232,0M USD
    P/E
    —
    — vs self
    Div yield
    11,4 %
    — vs self
    ROE
    -17,4 %
    -23,1 vs self
    FV
    FVR—
    Frontview Reit Inc
    $20,24
    450,9M USD
    P/E
    —
    — vs self
    Div yield
    —
    — vs self
    ROE
    -0,9 %
    -6,7 vs self
    FR
    FREVS—
    First Real Estate Inv Tr Nj
    —
    —
    P/E
    —
    — vs self
    Div yield
    —
    — vs self
    ROE
    —
    — vs self
    KB
    KBSR—
    Kbs Real Estate Investment T
    —
    —
    P/E
    —
    — vs self
    Div yield
    —
    — vs self
    ROE
    —
    — vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 53 %
    EPS
    Consensus EPS
    1,34
    Predicted surprise
    +0,02
    Beat probability
    53 %
    Analysts
    20
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-06 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate1,32
    Revenue—no estimate—no estimate657,1M USD
    Operating income—no estimate—no estimate396,5M USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Corporate eventM&A horizon
    M&A probabilityconf 5 %
    Probability
    5 %
    Base rate
    3 %
    Band
    —
    180-day horizon · target 2027-01-16 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution20 analysts
    Strong buy5
    Buy14
    Hold1
    Sell0
    Strong sell0
    12-month price target$36,86 · Median $37,00
    Low $33,00High $40,00
    Operating income · consensus396,5M USD
    EPS surprise
    −3,2 %
    reported vs consensus · miss
    Revenue surprise
    −14,6 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$33,00
    Mean$36,86
    Median$37,00
    High$40,00
    Spot$31,15
    +18.3 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskMedium
    Liquidity riskLow
    Filing-based flags
    • Source documents mention dilution or offering risk.

    Benchmarks vs cohort

    Op Margin64,1 %Above median
    Net Margin45,1 %Above median
    ROE5,8 %Above median
    D/E0,00Above median
    Cash Conv1,51Above median

    Corporate actions / M&A

    M&A probabilityconf —
    Probability
    5 %
    Base rate
    3 %
    Band
    Moderate
    180-day horizon · target 2027-01-16 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 131 789 sh11 grants10 insiders
    • Smallwood Kristin LDirector · OP Units → Common StockAcquired 3 837grant · 2026-05-13
    • Sivanesan JanakiDirector · OP Units → Common StockAcquired 3 837grant · 2026-05-13
    • Sautel Stephen DDirector · OP Units → Common StockAcquired 2 938grant · 2026-05-13
    • Sautel Stephen DDirector · OP Units → Common StockAcquired 3 837grant · 2026-05-13
    • ESTES SCOTT ADirector · OP Units → Common StockAcquired 3 837grant · 2026-05-13
    • DeLucca JoyceDirector · OP Units → Common StockAcquired 3 837grant · 2026-05-13
    • Earnshaw Timothy JSVP, CAO & Treasurer · OP Units → Common StockAcquired 5 071grant · 2026-02-20
    • Salisbury Robert WebbExecutive VP and CFO · OP Units → Common StockAcquired 15 848grant · 2026-02-20
    • Jenkins Robert MExecutive VP and COO · OP Units → Common StockAcquired 12 678grant · 2026-02-20
    • Mavoides Peter M.Director, President and CEO · OP Units → Common StockAcquired 63 391grant · 2026-02-20
    • Peil A JosephExecutive VP and CIO · OP Units → Common StockAcquired 12 678grant · 2026-02-20

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Regulatory filings
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Price To Tangible Book
      market_price / (tangible_book_value / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Return On Equity
      net_income / total_equity
    • Enterprise Value
      market_cap - net_cash
    • Ev To Revenue
      enterprise_value / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    Source documents
    • ESSENTIAL PROPERTIES REALTY TRUST, INC. company facts · 2026-07-26
    • ESSENTIAL PROPERTIES REALTY TRUST, INC. 10-Q 2026-04-22 · 2026-07-26
    • ESSENTIAL PROPERTIES REALTY TRUST, INC. 10-K 2026-02-11 · 2026-07-26
    • ESSENTIAL PROPERTIES REALTY TRUST, INC. 10-Q 2025-10-22 · 2026-07-26
    • ESSENTIAL PROPERTIES REALTY TRUST, INC. 10-Q 2025-07-23 · 2026-07-26
    • 8-K (sec_8k_material) on EPRT · 2026-07-26
    • Essential Properties Realty Trust Inc Market data — analyst estimates · 2026-07-26
    • Essential Properties Realty Trust Inc Market data — ESG · 2026-07-26

    Ownership & reference

    Top holders

    • EATON VANCE MANAGEMENTInstitutional Investor · as of 2022-09-300,09 %$0M
    • MASSACHUSETTS FINANCIAL SERVICES CO /MA/Institutional Investor · as of 2026-03-310,05 %$156M
    • Wellington Management Company, LLPInvestment Managers · as of 2026-03-310,05 %$252M
    • Principal Global Investors (Equity)Investment Managers · as of 2026-03-310,04 %$84M
    • Invesco QQQ TrustFunds · as of 2026-03-310,03 %$172M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,02 %$933M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2026-03-310,02 %$94M
    • Victory Capital Management Inc.Investment Managers · as of 2026-03-310,02 %$29M
    • Charles Schwab Investment Management, Inc.Investment Managers · as of 2026-03-310,02 %$113M
    • American Century Investment Management, Inc.Investment Managers · as of 2026-03-310,02 %$33M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,01 %$878M
    • Nuveen LLCInvestment Managers · as of 2024-12-310,01 %$44M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,01 %$352M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,01 %$169M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,01 %$74M
    • AllianceBernstein L.P.Investment Managers · as of 2026-03-310,01 %$29M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,01 %$48M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,01 %$139M
    • FMR LLCInstitutional Investor · as of 2026-03-310,01 %$131M
    • AMERIPRISE FINANCIAL INCInstitutional Investor · as of 2026-03-310,01 %$29M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,01 %$33M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,01 %$43M
    • Capital Research Global InvestorsInvestment Managers · as of 2026-03-310,00 %$35M
    • Raymond James & Associates, Inc.Brokerage Firms · as of 2026-03-310,00 %$12M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$12M
    • Franklin Advisers, Inc.Investment Managers · as of 2026-03-310,00 %$9M
    • First Trust Advisors L.P.Investment Managers · as of 2026-03-310,00 %$2M
    • JANUS HENDERSON GROUP PLCInstitutional Investor · as of 2026-03-310,00 %$3M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • AQR Capital Management, LLCInvestment Managers · as of 2026-03-310,00 %$2M
    • LPL Financial LLCInvestment Managers · as of 2026-03-310,00 %$1M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M

    Leadership

    • Pete M. MavoidesPresident, Chief Executive Officer, Director

    Insider activity

    Net selling0 buys · 3 sellsnet -$1,5M7 insiders · last 365d
    • Jenkins Robert MExecutive VP and COO · Common StockSold 22 000 @ $32,22$709K · 2026-07-24
    • Mavoides Peter M.Director, President and CEO · Common StockOther 1 236 · 2026-07-14
    • Peil A JosephExecutive VP and CIO · Common StockOther 176 · 2026-07-14
    • Earnshaw Timothy JSVP, CAO & Treasurer · Common StockOther 95 · 2026-07-14
    • Jenkins Robert MExecutive VP and COO · Common StockOther 176 · 2026-07-14
    • Mavoides Peter M.Director, President and CEO · Common StockOther 852 · 2026-07-14
    • Neary Heather LeedDirector · Common StockOther 3 837 · 2026-05-13
    • Minich Lawrence JDirector · Common StockOther 3 837 · 2026-05-13
    • Mavoides Peter M.Director, President and CEO · Common StockOther 132 959 · 2026-04-27
    • Earnshaw Timothy JSVP, CAO & Treasurer · Common StockOther 89 · 2026-04-14
    • Mavoides Peter M.Director, President and CEO · Common StockOther 796 · 2026-04-14
    • Peil A JosephExecutive VP and CIO · Common StockOther 165 · 2026-04-14
    • Jenkins Robert MExecutive VP and COO · Common StockOther 165 · 2026-04-14
    • Mavoides Peter M.Director, President and CEO · Common StockOther 1 154 · 2026-04-14
    • Mavoides Peter M.Director, President and CEO · Common StockOther 30 098 · 2026-03-24
    • Salisbury Robert WebbExecutive VP and CFO · Common StockSold 5 851 @ $31,88$187K · 2026-03-20
    • Peil A JosephExecutive VP and CIO · Common StockSold 19 657 @ $32,10$631K · 2026-03-20
    • Earnshaw Timothy JSVP, CAO & Treasurer · Common StockOther 3 128 @ $31,91$100K · 2026-02-10
    • Jenkins Robert MExecutive VP and COO · Common StockOther 34 165 · 2026-02-10
    • Jenkins Robert MExecutive VP and COO · Common StockOther 8 738 @ $31,91$279K · 2026-02-10
    • Peil A JosephExecutive VP and CIO · Common StockOther 34 165 · 2026-02-10
    • Peil A JosephExecutive VP and CIO · Common StockOther 8 738 @ $31,91$279K · 2026-02-10
    • Earnshaw Timothy JSVP, CAO & Treasurer · Common StockOther 18 449 · 2026-02-10
    • Mavoides Peter M.Director, President and CEO · Common StockOther 239 180 · 2026-02-10
    • Mavoides Peter M.Director, President and CEO · Common StockOther 164 936 · 2026-02-10

    Short positioning

    17.9Mshares short+2.8% vs prior
    13.14days to cover
    60.2%short of daily vol
    8.0Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    EPRTCanonical
    NYSE · USD

    Intel & risk

    PredictorBeat prob53 %Surprise+0,02M&A prob5 %Full forecast →
    What changed

    no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)

    • Narrative— → —medium
    • Conclusion— → —medium
    • Key takeaways— → —medium
    • Company share pct— → —medium
    vs prior analysis 3 days ago
    peak dispatch · —
    OSINT findings
    Dilution riskMedium
    Liquidity riskLow
    Source documents mention dilution or offering risk.
    Relationship graph
    EPRTEX21:013EX21:171EX21:181EX21:281EX21:3dfEX21:3ebEX21:5cbEX21:654EX21:7f3EX21:838Diversified RE
    This companySectorSubsidiaries

    Evidence & claims

    From filings & derived data
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 23.5%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 29.4%Derived (calculated)
    • Debt-to-equity (FY 2025-12-31): 0.63xDerived (calculated)
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 24.8%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 17.9%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): 18.4%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 19.2%Derived (calculated)
    • Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 18.8%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 11.3%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 24.6%Derived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 11.2%Derived (calculated)
    • Net margin (FY 2025-12-31): 45.1%Derived (calculated)
    • Return on equity (FY 2025-12-31): 6.0%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 47.8%Derived (calculated)
    • Return on assets (FY 2025-12-31): 3.7%Derived (calculated)
    • Operating income (annual): USD 359.92MSEC XBRL filing
    • Cash & equivalents (annual): USD 60.18MSEC XBRL filing
    • Total liabilities (annual): USD 2.66BSEC XBRL filing
    • EPS (diluted) (annual): USD-PER-SHARES 1SEC XBRL filing
    • Total assets (annual): USD 6.86BSEC XBRL filing
    • Operating cash flow (annual): USD 381.08MSEC XBRL filing
    • Pre-tax income (annual): USD 254.38MSEC XBRL filing
    • Revenue (annual): USD 561.22MSEC XBRL filing
    • EPS (basic) (annual): USD-PER-SHARES 1SEC XBRL filing
    Showing 24 of 43 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-07-24INSIDERJenkins Robert M sold 22.0k sh — Executive VP and COO ~$709k
    2026-07-23 04:29 UTCFILINGMaterial 8-K
    2026-07-23EVENTQ2 2026 earnings (confirmed · filed)
    2026-07-22 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-07-22EVENTQ2 2026 earnings (expected) estimated date
    2026-07-14EVENTDividend USD 0.32/sh
    2026-07-14INSIDEREarnshaw Timothy J transacted 95 sh — SVP, CAO & Treasurer
    2026-07-14INSIDERMavoides Peter M. transacted 1.2k sh — Director, President and CEO
    2026-07-14INSIDERMavoides Peter M. transacted 852 sh — Director, President and CEO
    2026-07-14INSIDERPeil A Joseph transacted 176 sh — Executive VP and CIO
    2026-07-14INSIDERJenkins Robert M transacted 176 sh — Executive VP and COO
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDER30 institutional position changes flagged
    2026-06-15FILING8-K filing →
    2026-06-05FILING424B5 filing →
    2026-06-04FILING424B5 filing →
    2026-06-01FILING8-K filing →
    2026-06-01FILING8-K filing →
    2026-05-13 00:00 UTCINSIDER8 insider transactions — 2026-05 6 derivative
    2026-05-13 00:00 UTCINSIDER8 insider transactions — 2026-05 6 derivative
    2026-05-13INSIDERNeary Heather Leed transacted 3.8k sh — Director
    2026-05-13INSIDERMinich Lawrence J transacted 3.8k sh — Director
    2026-05-13INSIDERESTES SCOTT A acquired 3.8k sh OP Units — Director
    2026-05-13INSIDERDeLucca Joyce acquired 3.8k sh OP Units — Director
    2026-05-13INSIDERSautel Stephen D acquired 3.8k sh OP Units — Director
    2026-05-13INSIDERSautel Stephen D acquired 2.9k sh OP Units — Director
    2026-05-13INSIDERSivanesan Janaki acquired 3.8k sh OP Units — Director
    2026-05-13INSIDERSmallwood Kristin L acquired 3.8k sh OP Units — Director
    2026-05-12FILING8-K filing →
    2026-04-27 00:00 UTCINSIDER6 insider transactions — 2026-04
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