Stock prices for Spirit Realty Capital and Essential Properties Realty Trust have fallen substantially this year. Read more about the stocks here.
STORE Capital was acquired at 14x AFFO. Spirit Realty is yielding 7% and trades at only 10x AFFO. Read more about SRC stock here.
Spirit Realty Capital found using ticker (SRC) have now 17 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 58 and 40 with a mean TP of 48.54. Given that the stocks previous close was at 39.61 this now indicates there is a potential upside of 22.5%. There is a 50 day moving average of 42.23 and the 200 moving average now moves to 43.86. The market capitalisation for the company is $5,227m. Find out more information at: https://www.spiritrealty.com [stock_market_widget type="chart" template="basic" color="green" assets="SRC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $6,406m based on the market concensus. Spirit Realty Capital (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.
SRC is a quality net lease retail and industrial REIT with a high occupancy rate. Read to know why I view SRC as a good buy for high income and potentially rewarding long-term returns.
Spirit Realty Capital Inc. (NYSE:SRC) shares, rose in value on Thursday, September 15, with the stock price up by 2.53% to the previous day’s close as strong demand from buyers drove the stock to $42.13. Actively observing the price movement in the recent trading, the stock is buoying the session at $41.09, falling within a … Is Spirit Realty Capital Inc. (NYSE: SRC) A Stock A New Investor Should Consider Now? Read More »
Spirit Realty Capital (NYSE: SRC) likely offers one of the better investment cases for investors seeking income in the retail real estate space. Investors have grown increasingly cautious of retail REITs. This is likely because of the tough macroeconomic situation hurting consumers'' purchasing power, reducing overall foot traffic, thus reducing the value and rent potential of these properties. However, SRC appears to be posting robust metrics, while its 6.5% dividend yield is covered by the company''s funds from operations. In fact, due to the stock''s high yield, investors have a great total return visibility, which should be meaningful considering the ongoing uncertainty in the markets.
Essential Properties Realty Trust (EPRT) stock has risen 1.0% and Getty Realty (GTY) stock is up 1.4% after BofA Securities analyst Joshua Dennerlein upgraded both net-lease REITs.EPRT…
Essential Properties Realty Trust management raises outlook and expects 2022 AFFO to increase 14% YoY. Read why now is the time to buy EPRT.
Essential Properties Realty Trust (EPRT) priced its underwritten public offering of 7.6M shares at a public offering price of $23/share; offering was upsized from earlier announced…
Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today the pricing of an underwritten public offering of 7,600,000 shares of its common stock at a public offering price of $23.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,140,000 shares of common stock. The Company expects to use the net proceeds from the
Essential Properties Realty Trust (EPRT) on Monday announced an underwritten public offering of 6.5M shares.EPRT expects to grant underwriters a 30-day option to buy up to an…
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that it has commenced an underwritten public offering of 6,500,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 975,000 shares of common stock. The Company expects to use the net proceeds from the offering to repay amounts outstanding on its revolving credit facility and for general corporate purposes,
Essential Properties Realty Trust, Inc. (NYSE:NYSE:EPRT) Q2 2022 Earnings Conference Call July 29, 2022 11:00 ET Company Participants Daniel Donlan - Senior Vice President & Head of…
Essential Properties Realty Trust Tops Q2 EPS by 4c
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”) today announced operating results for the three and six months ended June 30, 2022. Second Quarter 2022 Financial and Operating Highlights: Operating Results (compared to Second Quarter 2021): Investments (39 properties) $ Invested $175.7 million Weighted Avg Cash Cap Rate 7.0% Dispositions (8 properties) Net Proceeds $26.1 million Weighted Avg Cash Cap Rate 6.
Essential Properties (EPRT) is scheduled to announce Q2 earnings results on Thursday, July 28th, after market close.The consensus EPS Estimate is $0.25 and the consensus Revenue Estimate…
Essential Properties has lagged the sector average thus far this year. Which way will this intriguing REIT stock go now? Click here to find out.
Essential Properties shares have sold off nearly 25% YTD offering a solid entry point. Why is EPRT stock the next net lease REIT I am looking to BUY? Find out.
These six oversold dividend stocks with high yields are worth buying as their yields will help the stock return to metrics of intrinsic value. Over time, investors can bank on these yields to help them make money. The fundamental reason for this is the concept of reversion to the mean. The idea is that oversold dividend stocks have higher-than-their-average dividend yields. The working investment theory is that over time, given similar earnings and growth as in the past, the stock price will rise. This effectively lowers the dividend yield and drives it to revert to the mean or average dividend yield. As a result, this becomes an effective investment methodology — finding oversold dividend stocks with higher-than-their-average dividend yield. Often, value investors use this along with other value metrics to pick stocks. 7 Bargain Income Stocks to Buy and Hold Forever Let’s look at some of these stocks: Ticker Company Price NRG NRG Energy, Inc. $36.73 ALLY Ally Financial Inc. $33.06 HMST HomeStreet, Inc. $35.37 CRI Carter’s, Inc. $70.29 STOR Store Capital Corporation $26.16 EPRT Essential Properties Realty Trust, Inc. $21.25 Oversold Dividend Stocks: NRG Energy (NRG) Source: Casimiro PT / Shutterstock.com Market Cap: $8.62 billion NRG Energy (NYSE: NRG ) is a Houston-based electric utility company whose stock is down over 14% year-t0-date (YTD).
The world seems to be racing against time to achieve zero emissions by 2050. Already, a growing coalition of more than 70 countries, including the biggest polluters — the United States, China and the European Union — has pledged and set a net-zero target, covering about 76% of global emissions . As put by the United Nations , net-zero means cutting greenhouse gas emissions to as close to zero as possible — with any remaining emissions re-absorbed from the atmosphere by oceans and forests. To reduce carbon emissions by 45% by 2030 and reach net zero by 2050, experts recommend replacing fossil fuel energy sources like oil, gas and coal with renewable energy sources like solar and wind. The energy sector could help avert the adverse effects of climate change because it contributes about three-quarters of greenhouse gas emissions today. Recommendations for a shift toward renewable energy could create opportunities for companies like NRG Energy Inc. (NYSE: NRG ), UGI Corp. (NYSE: UGI ) and Viking Energy …
These six beaten-down stocks have promising potential, especially for value investors who are willing to wait for their value to emerge. Often having a good dividend yield can help make this happen. The reason is that if the company can cover the dividend payment the investor can be reasonably secure knowing that patience will pay off. Collecting the dividend through this period also helps ameliorate the potential downside risk in the stock. Investors know this and effectively can increase their holdings through dollar-cost-averaging whenever the stock’s yield is higher than its long-term average. Again, the key with these beaten-down stocks is that the company has a low dividend payout ratio. 7 Stocks Seeing Significant Insider Buying Let’s dive in and look at these stocks. Ticker Company Current Price FNF Fidelity National Financial $35.84 NRG NRG Energy $36.92 FL Foot Locker $29.31 QCOM Qualcomm $124.74 ALLY Ally Financial $33.08 CRI Carter’s, Inc. $0.47 Fidelity National Financial (FNF) Fidelity National Financial (NYSE: FNF ) is a profitable title, escrow and trust company whose stock is off 32.7% YTD as of June 17.
What is a bear market? A bear market is defined as a decline by more than 20% off the market’s highs, indicating the momentum has shifted significantly to the downside. This is bad news broadly. But for investors who consider investing as a business rather than a way to gamble, plenty of options are still available. You could buy put options. Or you can find long-term stocks to buy, stocks that can perform well when the stock market is declining. Buying for the long term will make investing less stressful. Plus, remember that statistics are in favor of long-term rather than short-term, investing for generating profits. What stocks should you buy for the long-term in a bear market? Focus on defensive stocks from three core defensive sectors: utilities, consumer staples and healthcare. These seven stocks in this article are from these three sectors. They’re often expected to pay consistent dividends and all have stable earnings, regardless of the economic conditions. 7 Long-Term Stocks That Never Go Out of Style Here are seven investment ideas to add to your watchlist if you’re seeking long-term stocks to buy.
The Fed just undertook the biggest rate hike since 1994. Inflation continues to soar, and more rate hikes may be around the corner. With the possibility of a recession growing by the day, consumers will resort to cutting down on spending. In these times, it pays to sell a product that people simply cannot live without. This makes electric utility company NRG Energy (NRG) extremely resilient to inflation and recession as people simply cannot go without heat or light. It is one of the largest independent power suppliers and caters to about six million residential and commercial customers.
These high-yield dividend stocks have enough earnings to cover the dividends and make these stocks secure. The companies have what is known as a low payout ratio — the comparison between the cost of dividends and the company’s earnings. It’s important to pay attention to the payout ratios of dividend stocks before investing. Many times, the only reason the stock has a high yield is that most or all of the company’s earnings are being paid out in dividend. The market knows this and drives down the price (thereby increasing the yield on the stock) because it suspects the company may have to cut its dividend. But that is not the case with the stocks in today’s gallery, since the payout ratios are low even while the yield is high. This implies that the market is simply mispricing the underlying value of the company. That makes them good investment opportunities. 7 Nasdaq Stocks to Buy and Hold Forever Let’s dive in and look at these high-yield dividend stocks. AIG American International Group $51.63 JEF Jefferies Financial Group $27.07 IVZ Invesco $15.93 PRU Prudential Financial, Inc. $94.25 MO Altria Group $46.26 NRG NRG Energy $40.55 American Int’l Group (AIG) Source: Evan El-Amin / Shutterstock Dividend Yield: 2.5% Multi-line insurance company American International Group (NYSE: AIG ) has a low payout ratio and a yield of 2.4%.
NRG Energy found using ticker (NRG) have now 11 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 52 and 42 with the average target price sitting at 45.5. Now with the previous closing price of 45.64 this is indicating there is a potential downside of -.3%. The day 50 moving average is 41.43 and the 200 day MA is 40.3. The market capitalisation for the company is $10,801m. Find out more information at: https://www.nrg.com [stock_market_widget type="chart" template="basic" color="green" assets="NRG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $10,768m based on the market concensus. NRG Energy, together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the producing, selling, and delivering electricity and related products and services to approximately 6 million residential, commercial, industrial, and wholesale customers.
Tuesday’s additional top analyst upgrades and downgrades were on BHP, Booz Allen Hamilton, Devon Energy, Mirati Therapeutics, Novo Nordisk, NRG Energy and more.
EPRT''s business model is to engage in sale-leasebacks with middle-market companies that are otherwise bank-dependent.
The following slide deck was published by Essential Properties Realty Trust, Inc.
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; Essential Properties or the Company) announced today that the Company will release its operating results for the second quarter ended June 30, 2021 after the market close on Wednesday, July 28, 2021. The Company will host its second quarter 2021 earnings conference call and audio webcast on Thursday, July 29, 2021, at 11:00 a.m. Eastern Daylight Time to discuss its operating results. A webcast of the conf
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the Company) announced today that its operating partnership, Essential Properties, L.P. (the Operating Partnership), has priced a public offering of $400 million aggregate principal amount of 2.950% Senior Notes due 2031 (the Notes). The Notes were priced at 99.800% of the principal amount and will mature on July 15, 2031. The offering is expected to settle on June 28, 2021, subject to the satisfaction
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 900 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile []
State of New Jersey Common Pension Fund D raised its position in shares of Essential Properties Realty Trust, Inc. (NYSE:EPRT) by 37.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 158,941 shares of the companys stock after purchasing an additional 43,208 shares []
Equities analysts expect Essential Properties Realty Trust, Inc. (NYSE:EPRT) to announce sales of $50.04 million for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Essential Properties Realty Trusts earnings. The highest sales estimate is $53.31 million and the lowest is $48.20 million. Essential Properties Realty Trust posted sales of $38.50 []
Essential Properties Realty Trust Inc shares closed today at 1.8% below its 52 week high of $24.96, giving the company a market cap of $2B. The stock is currently up 16.8% year-to-date, up 117.1% over the past 12 months, and up 106.2% over the past five years. This week, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 rose 1.2%. Trading Activity Trading volume this week was 174.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -4389.8% The company's stock price performance over the past 12 months beats the peer average by 116.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.24 per share of common stock for the first quarter of 2021. This represents an annualized dividend of $0.96 per share of common stock. The dividend is payable on April 15, 2021 to stockholders of record as of the close of business on March 31, 2021. In addition, the Company announced that it will be hosting its
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”), today announced operating results for the three months and year ended December 31, 2020. Fourth Quarter 2020 Financial and Operating Highlights Operating Results: Investments (108 properties) $ Invested $244.1 million Weighted Avg Cash Cap Rate 7.1% Net Income per share Decreased by 72% $0.05 Funds from Operations ("FFO") per share Decreased by 7% $0.25 Core Funds
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”), announced today that it expects 2021 Adjusted Funds from Operations (“AFFO”) on a fully diluted basis to be $1.22 to $1.26 per share. The Company also expects to collect 95% of Cash ABR for the month of January 2021. “With our portfolio demonstrating continued stability into January, and our investment trajectory returning to historical levels, we now have sufficient
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.24 per share of common stock for the fourth quarter of 2020. This equates to an annualized dividend of $0.96 per share of common stock and represents an increase of $0.04 per share over the previous annualized dividend. The dividend is payable on January 15, 2021 to stockholders of record as of the close of bus
Essential Properties (EPRT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE:EPRT; the “Company”) today announced that, due to the emerging public health impact of the coronavirus disease 2019 (COVID-19) and to support the health and well-being of our stockholders, employees and directors, the location of the Company’s 2020 annual meeting of stockholders has been changed and will be held in a virtual meeting format only. As previously announced, the annual meeting will be held on Thursday, A
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.23 per share of common stock for the first quarter of 2020. This represents an annualized dividend of $0.92 per share of common stock. The dividend is payable on April 15, 2020 to stockholders of record as of the close of business on March 31, 2020. About Essential Properties Realty Trust, Inc. Essential Proper
Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”), today announced the election of Anthony K. Dobkin, a member of the Company’s Boar
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”), announced today that the Company is changing the previously announced date that it will release its operating results for the fourth quarter and full year ended December 31, 2019. The release was previously scheduled for Tuesday, February 25, 2020, but will now occur before market open on Monday, March 2, 2020. The company will also host its fourth quarter 2019 earnin
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that 58.7764% of the dividends paid to common shareholders for the 2019 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. Total Dividend Ordinary Dividend (Box 1a) Qualified Dividend (1) (Box 1b) Capital Gain Distributions (Box 2a) Non-taxable Distribution
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”), announced today that the Company will release its operating results for the fourth quarter and full year ended December 31, 2019 after the market closes on Tuesday, February 25, 2020. The Company will host its fourth quarter 2019 earnings conference call and audio webcast on Wednesday, February 26, 2020, at 10:00 a.m. Eastern Standard Time to discuss its operating results. A webcast of the con
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT), an internally managed real estate investment trust (REIT) that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses, today announced that the Board of Directors has elected Lawrence J. Minich, Heather Leed Neary and Janaki Sivanesan to serve on the company’s Board of Directors. With these
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today the closing of an underwritten public offering of 7,935,000 shares of its common stock at a public offering price of $25.20 per share, including 1,035,000 shares purchased by the underwriters pursuant to their exercise, in full, of an option to purchase additional shares. The Company received net proceeds from the offering (after payment of expected expenses) of approximately $1
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that it has commenced an underwritten public offering of 6,250,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock. The Company expects to use the net proceeds from the offering to voluntarily prepay, without prepayment penalty, approximately $62.0 million of our outstanding
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.23 per share of common stock for the fourth quarter of 2019. On an annualized basis, this dividend of $0.92 per share of common stock represents an increase of $0.04 per share over the previous annualized dividend. The dividend is payable on January 15, 2020 to stockholders of record as of the close of business
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; “Essential Properties” or the “Company”), announced today that the Company has closed a new $430 million seven-year unsecured term loan facility. The term loan will mature in November 2026 and has an accordion feature to increase the facility’s availability, subject to certain conditions, up to an aggregate of $500 million. Concurrent with the closing of this transaction, the Company also amended its existing
Essential Properties Realty Trust, Inc. (EPRT) delivered earnings and revenue surprises of 0.00% and 4.34%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Essential Properties Realty Trust, Inc. (EPRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EPRT earnings call for the period ending March 31, 2019.
EPRT earnings call for the period ending March 31, 2019.