EPR Properties (NYSE:EPR) to Issue Monthly Dividend of $0.30

EPR Properties (NYSE:EPR) announced a monthly dividend on Thursday, November 13th. Shareholders of record on Friday, November 28th will be given a dividend of 0.295 per share by the real estate investment trust on Monday, December 15th. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Friday, November 28th.

EPR Properties has decreased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. EPR Properties has a dividend payout ratio of 120.0% 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 $4.76 per share next year, which means the company should continue to be able to cover its $3.54 annual dividend with an expected future payout ratio of 74.4%.

EPR Properties Price Performance

Shares of EPR traded down $0.15 during mid-day trading on Friday, reaching $50.73. The company had a trading volume of 128,498 shares, compared to its average volume of 808,295. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77. The company has a market capitalization of $3.86 billion, a P/E ratio of 22.17, a P/E/G ratio of 3.67 and a beta of 1.23. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The company’s 50-day moving average is $54.40 and its 200-day moving average is $55.00.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 EPS for the quarter, beating the consensus estimate of $1.32 by $0.07. EPR Properties had a return on equity of 8.59% and a net margin of 28.01%.The business had revenue of $182.31 million for the quarter, compared to analyst estimates of $181.78 million. During the same quarter in the previous year, the firm earned $1.30 EPS. EPR Properties’s quarterly revenue was up 1.0% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. On average, equities analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

Analyst Ratings Changes

EPR has been the topic of several analyst reports. JPMorgan Chase & Co. upped their target price on shares of EPR Properties from $56.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. KeyCorp cut shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. Wall Street Zen downgraded EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a report on Friday, October 31st. Finally, Wells Fargo & Company upgraded EPR Properties from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $54.00 to $56.00 in a report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, EPR Properties presently has an average rating of “Moderate Buy” and an average target price of $59.36.

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.