EPR Properties Plans Monthly Dividend of $0.30 (NYSE:EPR)

EPR Properties (NYSE:EPR) announced a monthly dividend on Wednesday, January 14th. Stockholders of record on Friday, January 30th will be given a dividend of 0.295 per share by the real estate investment trust on Tuesday, February 17th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, January 30th.

EPR Properties has decreased its dividend payment by an average of 0.1%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 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. 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 $3.54 annual dividend with an expected future payout ratio of 74.4%.

EPR Properties Stock Up 1.6%

Shares of EPR Properties stock opened at $54.68 on Thursday. The company’s 50 day moving average price is $51.14 and its 200-day moving average price is $54.02. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 23.88, a P/E/G ratio of 3.18 and a beta of 0.94.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.07. The business had revenue of $182.31 million during the quarter, compared to analysts’ expectations of $181.78 million. EPR Properties had a net margin of 28.01% and a return on equity of 8.58%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.30 EPS. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Equities research analysts forecast that EPR Properties will post 4.65 EPS for the current year.

Insiders Place Their Bets

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $52.25, for a total value of $391,875.00. Following the completion of the transaction, the executive vice president owned 64,251 shares in the company, valued at approximately $3,357,114.75. This represents a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.31% of the stock is currently owned by insiders.

Institutional Trading of EPR Properties

A number of hedge funds have recently modified their holdings of the business. Hennion & Walsh Asset Management Inc. increased its stake in shares of EPR Properties by 184.9% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 22,409 shares of the real estate investment trust’s stock worth $1,118,000 after acquiring an additional 14,543 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in EPR Properties by 7.1% in the fourth quarter. Exchange Traded Concepts LLC now owns 49,192 shares of the real estate investment trust’s stock worth $2,455,000 after purchasing an additional 3,267 shares during the period. Wincap Financial LLC increased its stake in shares of EPR Properties by 1.7% during the fourth quarter. Wincap Financial LLC now owns 15,575 shares of the real estate investment trust’s stock valued at $777,000 after purchasing an additional 258 shares in the last quarter. Family Wealth Partners LLC lifted its holdings in shares of EPR Properties by 2.0% during the fourth quarter. Family Wealth Partners LLC now owns 11,422 shares of the real estate investment trust’s stock valued at $570,000 after purchasing an additional 229 shares during the last quarter. Finally, Byrne Asset Management LLC lifted its holdings in shares of EPR Properties by 116.9% during the fourth quarter. Byrne Asset Management LLC now owns 12,953 shares of the real estate investment trust’s stock valued at $646,000 after purchasing an additional 6,980 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.

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.