EPR Properties (NYSE:EPR) Declares $0.31 Monthly Dividend

EPR Properties (NYSE:EPR) declared a monthly dividend on Wednesday, July 15th. Stockholders of record on Friday, July 31st will be paid a dividend of 0.31 per share by the real estate investment trust on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Friday, July 31st.

EPR Properties has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. EPR Properties has a payout ratio of 126.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect EPR Properties to earn $5.50 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 67.6%.

EPR Properties Stock Performance

EPR Properties stock opened at $60.11 on Thursday. The company has a 50 day moving average price of $58.44 and a 200-day moving average price of $56.02. 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 fifty-two week low of $48.10 and a fifty-two week high of $62.08. The company has a market capitalization of $4.60 billion, a PE ratio of 18.61, a P/E/G ratio of 2.41 and a beta of 1.02.

EPR Properties (NYSE:EPR) last announced its quarterly 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 firm had revenue of $181.25 million during the quarter, compared to analysts’ expectations of $150.01 million. EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.21 EPS. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. As a group, equities analysts forecast that EPR Properties will post 5.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on EPR shares. Royal Bank Of Canada increased their price target on EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 26th. Citigroup reiterated a “market outperform” rating on shares of EPR Properties in a report on Thursday, July 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Morgan Stanley raised shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a research report on Friday, June 12th. Finally, Wells Fargo & Company increased their price objective on shares of EPR Properties from $60.00 to $61.00 and gave the company an “equal weight” rating in a research note on Wednesday. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $63.50.

About EPR Properties

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.