EPR Properties (NYSE:EPR) Plans $0.29 Jan 25 Dividend

EPR Properties (NYSE:EPR) announced a jan 25 dividend on Tuesday, January 14th,RTT News reports. Shareholders of record on Friday, January 31st will be paid a dividend of 0.285 per share by the real estate investment trust on Tuesday, February 18th.

EPR Properties has increased its dividend by an average of 32.8% annually over the last three years. EPR Properties has a dividend payout ratio of 121.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect EPR Properties to earn $4.78 per share next year, which means the company should continue to be able to cover its $3.42 annual dividend with an expected future payout ratio of 71.5%.

EPR Properties Trading Up 1.0 %

Shares of EPR opened at $45.53 on Wednesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 19.71 and a beta of 1.75. The firm has a 50 day simple moving average of $44.70 and a 200-day simple moving average of $45.63.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on EPR shares. JMP Securities reissued a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. Wells Fargo & Company reissued an “underweight” rating and issued a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. Finally, UBS Group initiated coverage on shares of EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target on the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $47.94.

EPR Properties Company Profile

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.