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March 25, 2024 @ 9:46 AM
NYSE:EPRT

Essential Properties Realty Trust is a real estate investment trust (REIT) that specializes in owning and managing single-tenant properties across the United States. They focus on properties that are leased to tenants operating in industries such as retail, restaurant, and service sectors. Essential Properties Realty Trust aims to provide stable and consistent rental income to its shareholders.

The stock of Essential Properties Realty Trust is currently building a nice base, indicating a period of consolidation and stability. However, the relative trend is down, suggesting that the stock has been underperforming compared to the broader market, specifically the S&P 500 index. This indicates that the stock's performance has been relatively poor in comparison. 

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