EPR Properties (NYSE:EPR) Announces $0.29 Feb 25 Dividend

EPR Properties (NYSE:EPR) announced a feb 25 dividend on Friday, February 14th,RTT News reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.285 per share by the real estate investment trust on Monday, March 17th.

EPR Properties has increased its dividend by an average of 23.5% per year over the last three years. EPR Properties has a dividend payout ratio of 121.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect EPR Properties to earn $4.77 per share next year, which means the company should continue to be able to cover its $3.42 annual dividend with an expected future payout ratio of 71.7%.

EPR Properties Stock Performance

EPR Properties stock opened at $48.28 on Friday. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm has a 50-day moving average of $45.62 and a 200-day moving average of $46.21. The firm has a market cap of $3.66 billion, a P/E ratio of 20.90 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $50.00 price target on shares of EPR Properties in a research note on Thursday, January 30th. UBS Group assumed coverage on shares of EPR Properties in a research note on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price target for the company. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $47.94.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.