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Essential Properties Realty Trust shows strong AFFO growth and dividend safety, rated Buy for 2024 value.

Analyst Insights
07 Sep 2026
Seeking Alpha
View Source
Bullish
Essential Properties Realty Trust shows strong AFFO growth and dividend safety, rated Buy for 2024 value.

Essential Properties Realty Trust (EPRT) delivers leading growth in adjusted funds from operations (AFFO) per share, supported by a low payout ratio of about 64%, which ensures dividend safety and strong reinvestment capacity. The company’s diversified portfolio and disciplined asset management position it well for continued growth and potential credit rating upgrades. Despite trading at 2024 levels, EPRT offers a 16% higher AFFO per share and 10% higher dividends, making it an attractive buy in a volatile market. Analyst Christopher Volk highlights EPRT's transparent business model and double-digit annual total return potential as key investment merits.

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