NYSE:EPRT

Essential Properties Announces First Quarter 2024 Results

Retrieved on: 
Wednesday, April 24, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Essential, International, EDT, GAAP, Essence

As previously announced, on March 7, 2024, Essential Properties' board of directors declared a cash dividend of $0.285 per share of common stock for the quarter ended March 31, 2024.

Key Points: 
  • As previously announced, on March 7, 2024, Essential Properties' board of directors declared a cash dividend of $0.285 per share of common stock for the quarter ended March 31, 2024.
  • The dividend was paid on April 12, 2024 to stockholders of record as of the close of business on March 29, 2024.
  • In conjunction with the release of Essential Properties’ operating results, the Company will host a conference call on Thursday, April 25, 2024 at 10:00 a.m. EDT to discuss the results.
  • The Company’s Supplemental Operating & Financial Data—First Quarter Ended March 31, 2024 is available on Essential Properties’ website at investors.essentialproperties.com.

Taco John’s Taps Heather Neary as President and CEO to Usher in New Era of Growth for Popular Quick-Service Mexican Food Franchise

Retrieved on: 
Wednesday, March 20, 2024
Organization, National Restaurant Association, History, Taco, MBA, Empowerment, International Franchise Association, Millersville University of Pennsylvania, Management

CHEYENNE, Wyo., March 20, 2024 (GLOBE NEWSWIRE) -- Mexican quick-service restaurant staple Taco John’s® proudly welcomes industry veteran Heather Neary to the executive leadership team as President and Chief Executive Officer.

Key Points: 
  • CHEYENNE, Wyo., March 20, 2024 (GLOBE NEWSWIRE) -- Mexican quick-service restaurant staple Taco John’s® proudly welcomes industry veteran Heather Neary to the executive leadership team as President and Chief Executive Officer.
  • Neary brings more than two decades of relevant restaurant, brand, and franchise leadership experience to her new role, most recently as the Brand President at KBP Brands, a large QSR Franchisee.
  • She joins Taco John’s as the company accelerates its expansion throughout the Midwest and beyond, with new locations planned in existing and new territories in coming years.
  • “Taco John’s has built a rich history and a passionate following around delicious food, innovation, and a commitment to excellence.

Essential Properties Realty Trust, Inc. to Report First Quarter 2024 Results on April 24, 2024

Retrieved on: 
Thursday, March 28, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Conference

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, 2024, after the market close on Wednesday, April 24, 2024.

Key Points: 
  • 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, 2024, after the market close on Wednesday, April 24, 2024.
  • The Company will host its first quarter 2024 earnings conference call and audio webcast on Thursday, April 25, 2024, 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.

Essential Properties Realty Trust, Inc. Announces Pricing of Upsized Public Offering of Common Stock

Retrieved on: 
Tuesday, March 12, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Stifel, Floor, Citigroup, BofA Securities, Mizuho Securities, TD Securities, Database, 3rd Floor, Exercise, Goldman Sachs, Wells Fargo, BNP PARIBAS, Partnership, Telephone, EDGAR, BNP, Sale, Scotiabank, Security (finance), Prospectus, Investment, BMO Capital Markets, Equity capital markets, ATTN:

Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today the pricing of an underwritten public offering of 9,000,000 shares of its common stock, all of which are being offered in connection with the forward sale agreements described below, at a public offering price of $24.75 per share.

Key Points: 
  • Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today the pricing of an underwritten public offering of 9,000,000 shares of its common stock, all of which are being offered in connection with the forward sale agreements described below, at a public offering price of $24.75 per share.
  • The offering was upsized from the previously announced offering size of 8,000,000 shares of common stock, and the offering is expected to close on March 14, 2024, subject to customary closing conditions.
  • BofA Securities, Wells Fargo Securities, Truist Securities and Mizuho are acting as the joint book-running managers for the offering.
  • BMO Capital Markets, TD Securities, Barclays, Capital One Securities, Citigroup and Goldman Sachs & Co. LLC are acting as the book-running managers of the offering.

Essential Properties Realty Trust, Inc. Announces Public Offering of Common Stock

Retrieved on: 
Monday, March 11, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Floor, BofA Securities, Mizuho Securities, Database, 3rd Floor, Exercise, Wells Fargo, Partnership, Telephone, EDGAR, Sale, Security (finance), Prospectus, Investment, Equity capital markets, ATTN:

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.

Key Points: 
  • 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.
  • BofA Securities, Wells Fargo Securities, Truist Securities and Mizuho are acting as the joint book-running managers for the offering.
  • The underwriters have been 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.
  • The Company will not receive any proceeds from the sale of shares of its common stock by the forward purchasers (or affiliates thereof).

Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.285 per Share for the First Quarter of 2024

Retrieved on: 
Thursday, March 7, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property

Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.285 per share of common stock for the first quarter of 2024.

Key Points: 
  • Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.285 per share of common stock for the first quarter of 2024.
  • This represents an annualized dividend of $1.14 per share of common stock.
  • The dividend is payable on April 12, 2024, to stockholders of record as of the close of business on March 29, 2024.

Essential Properties Realty Trust, Inc. Announces Executive Promotions

Retrieved on: 
Monday, February 26, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Sentinel, EVP, SVP, Asset management, Army, CFA, AJ, Head, Credit, Operation

Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced the promotion of two executives.

Key Points: 
  • Today, Essential Properties Realty Trust, Inc. (NYSE: EPRT) (the “Company” or “EPRT”) announced the promotion of two executives.
  • Pete Mavoides, the Company’s President and Chief Executive Officer, said, “These promotions highlight the impressive performance of two of our senior leaders and serve as recognition for their contributions over their many years with the Company.
  • Prior to joining EPRT, Mr. Peil served as the SVP and Head of Credit for Spirit Realty Capital, a publicly-traded net lease REIT.
  • Mr. Peil also worked within the investment division of Spirit Realty, sourcing and underwriting transactions in excess of $2 billion.

Essential Properties Announces Fourth Quarter 2023 Results

Retrieved on: 
Wednesday, February 14, 2024
Commercial Building & Real Estate, Construction & Property, REIT, International, Essential, EST, GAAP, Essence

These items are uncertain, depend on various factors, and could have a material impact on the Company's GAAP results for the guidance period.

Key Points: 
  • These items are uncertain, depend on various factors, and could have a material impact on the Company's GAAP results for the guidance period.
  • As previously announced, on December 1, 2023, Essential Properties' board of directors declared a cash dividend of $0.285 per share of common stock for the quarter ended December 31, 2023.
  • In conjunction with the release of Essential Properties’ operating results, the Company will host a conference call on Thursday, February 15, 2024 at 10:00 a.m. EST to discuss the results.
  • The Company’s Supplemental Operating & Financial Data—Fourth Quarter Ended December 31, 2023 is available on Essential Properties’ website at investors.essentialproperties.com.

Essential Properties Realty Trust, Inc. Announces 2023 Dividend Tax Status

Retrieved on: 
Monday, January 29, 2024
Commercial Building & Real Estate, Construction & Property, REIT

Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that 86.0340% of the dividends paid to common shareholders for the 2023 tax year are classified for federal income tax purposes as a taxable distribution.

Key Points: 
  • Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that 86.0340% of the dividends paid to common shareholders for the 2023 tax year are classified for federal income tax purposes as a taxable distribution.
  • The tax attributes of the common stock dividends paid per share are outlined below.

Essential Properties Realty Trust, Inc. to Report Fourth Quarter 2023 Results on February 14, 2024

Retrieved on: 
Thursday, January 4, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Conference

Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) announced today that the Company will release its operating results for the fourth quarter ended December 31, 2023, after the market close on Wednesday, February 14, 2024.

Key Points: 
  • Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) announced today that the Company will release its operating results for the fourth quarter ended December 31, 2023, after the market close on Wednesday, February 14, 2024.
  • The Company will host its fourth quarter 2023 earnings conference call and audio webcast on Thursday, February 15, 2024, 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.