EPR Properties (NYSE:EPR) to Issue $0.31 Monthly Dividend

EPR Properties (NYSE:EPR) declared a monthly dividend on Monday, June 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.31 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th.

EPR Properties has raised its dividend by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 1 consecutive 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. Equities analysts expect EPR Properties to earn $5.46 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 68.1%.

EPR Properties Trading Down 2.6%

Shares of EPR opened at $58.30 on Tuesday. The stock has a fifty day moving average of $56.74 and a two-hundred day moving average of $54.77. The company has a debt-to-equity ratio of 1.27, a quick ratio of 7.85 and a current ratio of 7.85. The company has a market capitalization of $4.46 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 2.47 and a beta of 1.03. EPR Properties has a fifty-two week low of $48.10 and a fifty-two week high of $62.08.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.02). EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. The business had revenue of $181.25 million during the quarter, compared to analyst estimates of $150.02 million. During the same quarter last year, the firm posted $1.21 earnings per share. The company’s revenue was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. As a group, analysts forecast that EPR Properties will post 5.21 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Truist Financial lowered their price objective on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a research note on Tuesday, June 9th. UBS Group boosted their price objective on shares of EPR Properties from $54.00 to $58.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Royal Bank Of Canada upped their price target on shares of EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 26th. Wells Fargo & Company upped their price target on shares of EPR Properties from $54.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Citigroup raised shares of EPR Properties from a “hold” rating to an “outperform” rating in a research report on Friday. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EPR Properties has an average rating of “Moderate Buy” and an average target price of $61.69.

EPR Properties Company Profile

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.