EPR Properties (EPR) To Go Ex-Dividend on April 30th

EPR Properties (NYSE:EPR) announced a monthly dividend on Wednesday, April 15th. Shareholders of record on Thursday, April 30th will be paid a dividend of 0.31 per share by the real estate investment trust on Friday, May 15th. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, April 30th.

EPR Properties has increased its dividend 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 analysts expect EPR Properties to earn $5.45 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 68.3%.

EPR Properties Price Performance

Shares of NYSE EPR opened at $55.34 on Tuesday. EPR Properties has a 1-year low of $48.10 and a 1-year high of $62.08. The firm has a market capitalization of $4.23 billion, a PE ratio of 16.92, a P/E/G ratio of 2.46 and a beta of 1.01. The business’s fifty day moving average price is $55.12 and its two-hundred day moving average price is $53.47. The company has a debt-to-equity ratio of 1.26, a current ratio of 8.81 and a quick ratio of 8.81.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, topping 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 company had revenue of $182.95 million during the quarter, compared to analysts’ expectations of $181.76 million. During the same quarter in the prior year, the business posted $1.22 earnings per share. The company’s revenue for the quarter 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. On average, research analysts expect that EPR Properties will post 5.2 EPS for the current year.

Insider Activity

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $53.89, for a total value of $404,175.00. Following the completion of the sale, the executive vice president owned 66,294 shares in the company, valued at approximately $3,572,583.66. This represents a 10.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Brian Andrew Moriarty sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $56.44, for a total transaction of $282,200.00. Following the completion of the sale, the senior vice president owned 13,704 shares of the company’s stock, valued at approximately $773,453.76. This trade represents a 26.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,733 shares of company stock worth $1,501,001 in the last quarter. Insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

Several hedge funds have recently bought and sold shares of the business. State Street Corp raised its stake in shares of EPR Properties by 1.7% during the 2nd quarter. State Street Corp now owns 4,009,669 shares of the real estate investment trust’s stock worth $234,760,000 after purchasing an additional 66,562 shares in the last quarter. Norges Bank purchased a new stake in shares of EPR Properties during the 4th quarter worth about $82,823,000. Geode Capital Management LLC raised its stake in shares of EPR Properties by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,584,394 shares of the real estate investment trust’s stock worth $79,077,000 after purchasing an additional 26,590 shares in the last quarter. Northern Trust Corp raised its stake in shares of EPR Properties by 84.8% during the 3rd quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock worth $90,746,000 after purchasing an additional 717,734 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of EPR Properties by 29.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust’s stock worth $88,693,000 after purchasing an additional 348,908 shares in the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

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.