EPR Properties (EPR) to Issue Monthly Dividend of $0.30 on December 15th

EPR Properties (NYSE:EPR) announced a monthly dividend on Thursday, November 13th. Investors of record on Friday, November 28th will be paid a dividend of 0.295 per share by the real estate investment trust on Monday, December 15th. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Friday, November 28th.

EPR Properties has decreased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. EPR Properties has a 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. Equities 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 0.8%

NYSE:EPR opened at $51.26 on Friday. The business’s 50-day moving average is $54.36 and its two-hundred day moving average is $55.01. The firm has a market capitalization of $3.90 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 3.67 and a beta of 1.23. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.07. The business had revenue of $182.31 million during the quarter, compared to analyst estimates of $181.78 million. EPR Properties had a return on equity of 8.59% and a net margin of 28.01%.The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.30 earnings per share. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Research analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

Insider Buying and Selling at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $49.21, for a total value of $369,075.00. Following the sale, the executive vice president owned 73,877 shares in the company, valued at approximately $3,635,487.17. This represents a 9.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders have sold 22,500 shares of company stock valued at $1,205,100. 2.31% of the stock is currently owned by insiders.

Institutional Trading of EPR Properties

Several institutional investors and hedge funds have recently bought and sold shares of the company. True Wealth Design LLC increased its holdings in shares of EPR Properties by 99.6% in the 3rd quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 230 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in EPR Properties in the third quarter worth $27,000. Caitong International Asset Management Co. Ltd increased its stake in EPR Properties by 235.6% during the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 377 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in EPR Properties during the second quarter valued at $32,000. Finally, UMB Bank n.a. raised its holdings in shares of EPR Properties by 231.7% during the second quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 519 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.