Skip to contentHome page Seeking Alpha - Power to InvestorsApr 07, 2026, 11:45 AM ETEssential Properties Realty Trust, Inc. (EPRT) StockO, NNNGen AlphaInvesting GroupCommentsSummaryEssential Properties Realty Trust offers a compelling entry point after a recent price dip, trading at a forward P/FFO of 14.2 and yielding 4%.EPRT's relationship-driven acquisition model and focus on middle-market, service-oriented properties have delivered outsized total returns and robust AFFO growth.Strong balance sheet with BBB-/BBB ratings and a conservative 59% payout ratio support continued dividend growth and reinvestment.EPRT is positioned as a top growth pick in net lease REITs, with FFO/share growth potential of 6–9% and total returns in the teens.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios.