EPR Properties (EPR) to Issue Feb 25 Dividend of $0.29 on March 17th

EPR Properties (NYSE:EPR) declared a feb 25 dividend on Friday, February 14th, RTT News reports. Investors of record on Friday, February 28th will be paid a dividend of 0.285 per share by the real estate investment trust on Monday, March 17th. This represents a dividend yield of 7%. The ex-dividend date of this dividend is Friday, February 28th.

EPR Properties has raised its dividend by an average of 23.5% per year over the last three years. EPR Properties has a payout ratio of 121.7% 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 $4.76 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 71.8%.

EPR Properties Stock Up 1.1 %

EPR stock opened at $50.76 on Wednesday. The company has a market capitalization of $3.84 billion, a price-to-earnings ratio of 21.97 and a beta of 1.75. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The business’s 50 day moving average price is $46.20 and its two-hundred day moving average price is $46.45. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.84.

Analysts Set New Price Targets

EPR has been the subject of a number of research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $50.00 price objective on shares of EPR Properties in a report on Thursday, January 30th. UBS Group started coverage on shares of EPR Properties in a research note on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target 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.