EPR Properties Declares Monthly Dividend of $0.31 (NYSE:EPR)

EPR Properties (NYSE:EPR) announced a monthly dividend on Wednesday, April 15th. Shareholders of record on Thursday, April 30th will be given a dividend of 0.31 per share by the real estate investment trust on Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Thursday, April 30th.

EPR Properties has increased its dividend by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. EPR Properties has a payout ratio of 126.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect EPR Properties to earn $4.76 per share next year, which means the company should continue to be able to cover its $3.72 annual dividend with an expected future payout ratio of 78.2%.

EPR Properties Trading Up 0.6%

EPR Properties stock opened at $56.39 on Thursday. The business has a 50-day simple moving average of $55.31 and a two-hundred day simple moving average of $53.51. The company has a market cap of $4.31 billion, a P/E ratio of 17.25, a P/E/G ratio of 2.49 and a beta of 1.01. EPR Properties has a 52-week low of $48.10 and a 52-week high of $62.08. The company has a quick ratio of 8.81, a current ratio of 8.81 and a debt-to-equity ratio of 1.26.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.01. The business had revenue of $182.95 million during the quarter, compared to the consensus estimate of $181.76 million. EPR Properties had a return on equity of 11.81% and a net margin of 38.27%.The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.22 EPS. EPR Properties has set its FY 2026 guidance at 5.280-5.480 EPS. Analysts predict that EPR Properties will post 4.65 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Stifel Nicolaus set a $65.50 price target on EPR Properties in a research note on Thursday, March 5th. Raymond James Financial downgraded EPR Properties from a “strong-buy” rating to an “outperform” rating and cut their price target for the company from $62.00 to $60.00 in a research note on Tuesday, March 17th. UBS Group boosted their price target on EPR Properties from $54.00 to $58.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. Finally, Royal Bank Of Canada lifted their price objective on EPR Properties from $58.00 to $59.00 and gave the company a “sector perform” rating in a research report on Friday, March 6th. Four equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $59.50.

EPR Properties Company Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.