Essential Properties Realty Trust: The Value Potential Is Still There After Q1 Earnings

Hispanolistic Since September 2023, when I issued my first bull thesis on Essential Properties Realty Trust (NYSE:EPRT) I have been actively covering the stock and made several additions to the position. The thesis is based on a relatively depressed P/FFO multiple, strong underlying growth and a fairly conservative AFFO payout ratio, which allows EPRT to act opportunistically in the M&A field. Moreover, the fact that EPRT carries a below-average debt load with the first notable maturities kicking in only in ...