Essential Properties Announces Third Quarter 2026 Results
Business Wire•21/10/2026•16:05 ET
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Key Highlights
- ➤2026 AFFO guidance raised to $2.02-$2.05 per share
- ➤2027 AFFO guidance issued at $2.10-$2.18 per share
- ➤Third-quarter AFFO per share increased 6% to $0.51
- ➤Third-quarter investments totaled $342.2 million at a 7.7% cash cap rate
- ➤Third-quarter net income per share fell 18% to $0.27
Expert Statements
Pete Mavoides, Chief Executive Officer of Essential Properties Realty Trust, Inc.
“We delivered a strong third quarter, supported by healthy portfolio performance and investment momentum across our origination platform. Our well-positioned balance sheet and capital position provide us with meaningful flexibility to execute on the pipeline of opportunities. With an eye toward 2027, we expect to remain disciplined in our investment approach, ensuring that our cap rates appropriately reflect the evolving cost of capital environment, while continuing to serve as a trusted capital partner to our operators and drive attractive risk-adjusted returns for our shareholders.”
Third Quarter Net Income per Share of $0.27 and AFFO per Share of $0.51 -
- Closed Investments of $342.2 million at a 7.7% Weighted Average Cash Cap Rate -
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