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

EPR Properties (NYSE:EPR) announced a monthly dividend on Thursday, July 16th. Investors of record on Friday, July 31st will be given 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 yield of 6.2%. The ex-dividend date of this dividend is Friday, July 31st.

EPR Properties has increased its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 1 years. EPR Properties has a 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. 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 Up 1.0%

Shares of NYSE:EPR opened at $60.11 on Thursday. The firm has a market cap of $4.60 billion, a P/E ratio of 18.61, a P/E/G ratio of 2.41 and a beta of 1.02. The company has a quick ratio of 7.85, a current ratio of 7.85 and a debt-to-equity ratio of 1.27. EPR Properties has a 12-month low of $48.10 and a 12-month high of $62.08. The business has a fifty day simple moving average of $58.44 and a 200 day simple moving average of $56.02.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.02). EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The company had revenue of $181.25 million for the quarter, compared to analyst estimates of $150.01 million. During the same period in the previous year, the firm posted $1.21 earnings per share. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Analysts predict that EPR Properties will post 5.31 earnings per share for the current year.

Analyst Ratings Changes

EPR has been the topic of a number of recent analyst reports. Citizens Jmp reaffirmed a “market outperform” rating and issued a $70.00 price objective on shares of EPR Properties in a research note on Thursday, July 2nd. Morgan Stanley upgraded shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a report on Friday, June 12th. Wells Fargo & Company boosted their price target on shares of EPR Properties from $60.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Royal Bank Of Canada upped their price objective on shares of EPR Properties from $59.00 to $61.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 26th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average 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.