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

EPR Properties (NYSE:EPR) announced a monthly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.31 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th.

EPR Properties has raised its dividend payment by an average of 0.2%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 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. Analysts expect EPR Properties to earn $5.46 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 68.1%.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $58.30 on Tuesday. The firm has a market cap of $4.46 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 2.47 and a beta of 1.03. The firm’s 50-day simple moving average is $56.74 and its 200-day simple moving average is $54.77. The company has a debt-to-equity ratio of 1.27, a quick ratio of 7.85 and a current ratio of 7.85. EPR Properties has a 1 year low of $48.10 and a 1 year high of $62.08.

EPR Properties (NYSE:EPR) last issued its earnings results 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 company had revenue of $181.25 million during the quarter, compared to analyst estimates of $150.02 million. EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.21 EPS. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities analysts forecast that EPR Properties will post 5.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Citizens Jmp upgraded shares of EPR Properties from a “market perform” rating to an “outperform” rating and set a $70.00 target price on the stock in a research note on Friday. Morgan Stanley upgraded shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a research note on Friday. Truist Financial cut their target price on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Stifel Nicolaus set a $65.50 target price on shares of EPR Properties in a research note on Thursday, March 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EPR Properties in a research note on Friday, May 22nd. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $61.69.

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.