EPR Properties (EPR) to Issue Monthly Dividend of $0.31 on April 15th

EPR Properties (NYSE:EPR) announced a monthly dividend on Tuesday, February 24th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.31 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 5.1% increase from EPR Properties’s previous monthly dividend of $0.30.

EPR Properties has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. EPR Properties has a dividend payout ratio of 126.1% meaning 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 $3.72 annual dividend with an expected future payout ratio of 78.2%.

EPR Properties Trading Down 2.0%

NYSE:EPR opened at $48.64 on Friday. EPR Properties has a 12 month low of $41.75 and a 12 month high of $62.08. The company has a current ratio of 8.81, a quick ratio of 8.81 and a debt-to-equity ratio of 1.26. The firm’s 50 day moving average is $55.75 and its 200 day moving average is $53.91. The stock has a market capitalization of $3.72 billion, a PE ratio of 14.87, a price-to-earnings-growth ratio of 2.94 and a beta of 0.95.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.01. EPR Properties had a return on equity of 11.81% and a net margin of 38.27%.The business had revenue of $182.95 million during the quarter, compared to analyst estimates of $181.76 million. During the same period in the prior year, the company earned $1.22 earnings per share. EPR Properties’s revenue was up 3.2% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.280-5.480 EPS. Sell-side analysts expect that EPR Properties will post 4.65 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. cut their price target on EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Raymond James Financial downgraded shares of EPR Properties from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the company from $62.00 to $60.00 in a report on Tuesday, March 17th. UBS Group increased their target price on shares of EPR Properties from $54.00 to $58.00 and gave the stock a “neutral” rating in a research report on Monday, March 9th. Royal Bank Of Canada lifted their target price on shares of EPR Properties from $58.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Friday, March 6th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of EPR Properties in a research report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $59.50.

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.