Essential Properties Realty Trust executive VP sells $435,961 in stock

In a recent transaction, Joseph A. Peil, the Executive Vice President and Chief Investment Officer of Essential Properties Realty Trust , Inc. (NYSE:EPRT), a $6.55 billion market cap company with a strong track record of seven consecutive years of dividend growth, sold 13,227 shares of the company’s common stock. The shares were sold at a price of $32.96 each, amounting to a total transaction value of $435,961. Following this sale, Peil retains ownership of 76,590 shares in the company. This transaction was reported in a Form 4 filing with the Securities and Exchange Commission for the period ending June 10, 2025. The stock, which currently yields 3.63% in dividends, has delivered a robust 25.28% return over the past year and is trading near its 52-week high. InvestingPro analysis shows the company maintains a "GREAT" financial health score, with additional insights available in the comprehensive Pro Research Report.

In other recent news, Essential Properties Realty Trust reported its first-quarter 2025 earnings, revealing an earnings per share (EPS) of $0.29, which slightly missed the forecasted $0.30. However, the company exceeded revenue expectations, reporting $129.35 million against a forecast of $120.13 million. In a move that reflects confidence in its financial health, Essential Properties also announced an increase in its quarterly dividend to $0.30 per share, up by $0.02. Goldman Sachs has raised its price target for Essential Properties to $38, maintaining a Buy rating, based on the company’s favorable acquisition strategy and expected growth in earnings. Additionally, Moody’s upgraded Essential Properties’ senior unsecured ratings to Baa2, citing significant growth in asset base and cash flows, along with reduced leverage. The company also reported strong shareholder support during its Annual Meeting of Stockholders, with all director nominees elected and executive compensation approved. These developments indicate Essential Properties’ strategic focus on expanding its portfolio while maintaining financial stability.

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