EPR Properties (EPR) to Distribute Monthly Dividend of $0.31 on August 17th

EPR Properties (NYSE:EPR) announced a monthly dividend on Wednesday, July 15th. Stockholders of record on Friday, July 31st will be given a dividend of 0.31 per share by the real estate investment trust on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, July 31st.

EPR Properties has raised its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 1 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. Research 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 Stock Up 3.3%

Shares of NYSE EPR opened at $62.11 on Friday. The stock has a market capitalization of $4.75 billion, a P/E ratio of 19.23, a PEG ratio of 2.43 and a beta of 1.02. EPR Properties has a one year low of $48.10 and a one year high of $62.26. The firm’s 50 day simple moving average is $58.53 and its two-hundred day simple moving average is $56.10. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). The business had revenue of $181.25 million during the quarter, compared to analysts’ expectations of $150.01 million. EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. EPR Properties’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the company posted $1.21 EPS. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. As a group, analysts expect that EPR Properties will post 5.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Royal Bank Of Canada lifted their price target on shares of EPR Properties from $59.00 to $61.00 and gave the company a “sector perform” rating in a report on Tuesday, May 26th. Morgan Stanley raised shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a research report on Friday, June 12th. UBS Group set a $70.00 target price on shares of EPR Properties in a report on Thursday, July 2nd. Truist Financial decreased their target price on EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Finally, Citigroup restated a “market outperform” rating on shares of EPR Properties in a research note on Thursday, July 2nd. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, EPR Properties presently has an average rating of “Moderate Buy” and a consensus target price of $63.50.

About EPR Properties

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.