EPR Properties Declares Monthly Dividend of $0.25 (NYSE:EPR)

EPR Properties (NYSE:EPR) declared a monthly dividend on Thursday, January 13th, Zacks reports. Stockholders of record on Monday, January 31st will be given a dividend of 0.25 per share by the real estate investment trust on Tuesday, February 15th. This represents a $3.00 annualized dividend and a dividend yield of 6.30%. The ex-dividend date is Friday, January 28th.

EPR Properties has decreased its dividend by 65.3% over the last three years and has raised its dividend every year for the last 2 years. EPR Properties has a dividend payout ratio of 150.0% meaning 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 $4.02 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 74.6%.

EPR Properties stock opened at $47.60 on Friday. The firm has a market capitalization of $3.56 billion, a PE ratio of 366.18, a P/E/G ratio of 0.46 and a beta of 1.78. The company’s 50-day moving average is $48.02 and its 200-day moving average is $50.05. EPR Properties has a fifty-two week low of $34.25 and a fifty-two week high of $56.07. The company has a debt-to-equity ratio of 1.02, a current ratio of 6.89 and a quick ratio of 6.89.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, November 3rd. The real estate investment trust reported $0.35 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.45). The company had revenue of $139.60 million for the quarter, compared to the consensus estimate of $125.68 million. EPR Properties had a return on equity of 1.29% and a net margin of 7.25%. The business’s quarterly revenue was up 118.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.04 EPS. As a group, analysts expect that EPR Properties will post 2.94 EPS for the current year.

An institutional investor recently raised its position in EPR Properties stock. Morgan Stanley grew its holdings in shares of EPR Properties (NYSE:EPR) by 115.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 163,031 shares of the real estate investment trust’s stock after purchasing an additional 87,187 shares during the quarter. Morgan Stanley owned about 0.22% of EPR Properties worth $8,050,000 at the end of the most recent reporting period. 76.72% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently commented on the stock. Zacks Investment Research upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research report on Thursday, November 25th. TheStreet upgraded shares of EPR Properties from a “d+” rating to a “c” rating in a research report on Tuesday, November 9th. Royal Bank of Canada upped their price target on shares of EPR Properties from $52.00 to $54.00 and gave the company a “sector perform” rating in a research report on Monday, October 25th. Finally, Citigroup upped their price objective on shares of EPR Properties from $55.00 to $58.00 and gave the company a “neutral” rating in a research note on Wednesday, November 24th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $57.00.

EPR Properties Company Profile

EPR Properties operates as a real estate investment trust. The firm engages in the development, finance and leasing of theatres, entertainment retail and family entertainment centers. It operates through the following segments: Entertainment and Education. The Entertainment segment includes investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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Dividend History for EPR Properties (NYSE:EPR)

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