Essential Properties Grows on Strong Operations, Finances

EPRT is a real estate investment trust focused on long-term leases to service-oriented and experienced-based businesses. They include car washes, childhood education centers, medical/dental offices, restaurants, vehicle service centers, equipment mental businesses, and more.

The company recently reported second-quarter earnings, with highlights including funds from operations growth of 5% over the prior year and 35 transactions totaling $334 million in investments. Of those, 82% were generated within its existing tenant network, which reflects strong tenant relationships. Also, EPRT offers a current dividend yield of nearly 4% and is poised for future growth with more than $1.1 billion of liquidity on its balance sheet.

It’s no wonder EPRT shares are up 16% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Essential Properties Shares Sought by Big Money

Institutional volumes reveal plenty. Recently, EPRT has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in EPRT shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of real estate names are under accumulation right now. But there’s a powerful fundamental story happening with Essential Properties.

Essential Properties Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, EPRT has had strong sales and earnings growth:

• 3-year sales growth rate (+30%)
• 3-year earnings growth rate (+68,315.7%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +5.5%.

Now it makes sense why the stock has been powering to new heights. EPRT has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Essential Properties has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times since it began trading in 2018. The blue bars below show when EPRT was a top pick…building value along the way:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Essential Properties Price Prediction

The EPRT rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in EPRT at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.