EPR Properties (NYSE:EPR) to Issue Dividend Increase – $0.31 Per Share

EPR Properties (NYSE:EPR) announced a monthly dividend on Wednesday, February 25th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.31 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 5.1% increase from EPR Properties’s previous monthly dividend of $0.30.

EPR Properties has decreased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. EPR Properties has a dividend payout ratio of 120.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect EPR Properties to earn $4.76 per share next year, which means the company should continue to be able to cover its $3.54 annual dividend with an expected future payout ratio of 74.4%.

EPR Properties Trading Up 5.7%

Shares of NYSE EPR traded up $3.34 during mid-day trading on Thursday, hitting $61.69. The stock had a trading volume of 667,170 shares, compared to its average volume of 802,143. The business has a 50 day moving average price of $54.03 and a two-hundred day moving average price of $53.65. EPR Properties has a 1 year low of $41.75 and a 1 year high of $62.08. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21. The firm has a market cap of $4.70 billion, a P/E ratio of 26.92, a price-to-earnings-growth ratio of 3.47 and a beta of 0.99.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.01. EPR Properties had a net margin of 28.01% and a return on equity of 8.58%. The business had revenue of $182.95 million for the quarter, compared to analyst estimates of $181.76 million. During the same quarter last year, the firm earned $1.22 EPS. The company’s revenue was up 3.2% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.280-5.480 EPS. On average, equities analysts anticipate that EPR Properties will post 4.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. JPMorgan Chase & Co. lowered their price target on EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research report on Tuesday, December 2nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a research note on Monday, December 29th. Wall Street Zen lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $58.00 price target on shares of EPR Properties in a research note on Friday, January 30th. Finally, Wells Fargo & Company cut their price objective on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, EPR Properties currently has an average rating of “Moderate Buy” and an average price target of $58.36.

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.