EPR Properties (EPR) to Distribute Monthly Dividend of $0.31 on November 16th

EPR Properties (NYSE:EPR) announced a monthly dividend on Thursday, October 15th. Investors of record on Friday, October 30th will be given a dividend of $0.31 per share by the real estate investment trust on Monday, November 16th. This represents a $3.72 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Friday, October 30th.

EPR Properties has raised its dividend payment 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 dividend payout ratio of 126.1% 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 $5.50 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 67.6%.

EPR Properties Price Performance

EPR stock traded up $0.54 during midday trading on Friday, reaching $55.69. 1,334,807 shares of the company’s stock traded hands, compared to its average volume of 852,810. The company has a 50-day simple moving average of $58.20 and a two-hundred day simple moving average of $58.08. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. EPR Properties has a 1-year low of $48.10 and a 1-year high of $64.97. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 2.13 and a beta of 1.03.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, topping the consensus estimate of $0.74 by $0.05. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%. The company had revenue of $196.08 million for the quarter, compared to analysts’ expectations of $158.13 million. During the same quarter in the prior year, the business earned $1.26 earnings per share. The business’s revenue for the quarter was up 30.4% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, analysts anticipate that EPR Properties will post 5.38 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on EPR. KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 price objective for the company in a research report on Wednesday, August 19th. Raymond James Financial reiterated an “outperform” rating and issued a $65.00 price objective on shares of EPR Properties in a research report on Thursday, August 13th. Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a research note on Wednesday, August 19th. Wells Fargo & Company lifted their target price on EPR Properties from $60.00 to $61.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Finally, Huntington assumed coverage on EPR Properties in a research report on Wednesday, July 15th. They set an “outperform” rating and a $65.00 target price for the company. Eight investment 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 currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.15.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential properties. The company owns and leases real estate used for activities and destinations that bring people together, including movie theaters, eat-and-play venues, attractions, cultural institutions, ski resorts, and other entertainment-oriented properties.

EPR generally leases its properties to operators under long-term agreements and seeks to generate rental income from diversified experiential real estate.