EPR Properties (EPR) To Go Ex-Dividend on May 29th

EPR Properties (NYSE:EPR) declared a monthly dividend on Thursday, May 14th. Investors of record on Friday, May 29th will be given a dividend of 0.31 per share by the real estate investment trust on Monday, June 15th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Friday, May 29th.

EPR Properties has raised its dividend payment by an average of 0.2%annually over the last three years and has raised 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. 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 Trading Down 1.0%

Shares of EPR stock opened at $57.34 on Friday. The company has a quick ratio of 7.85, a current ratio of 7.85 and a debt-to-equity ratio of 1.27. The business has a 50-day moving average price of $54.74 and a two-hundred day moving average price of $53.70. EPR Properties has a 12-month low of $48.10 and a 12-month high of $62.08. The firm has a market cap of $4.39 billion, a P/E ratio of 17.75, a price-to-earnings-growth ratio of 2.39 and a beta of 1.04.

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 (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 firm had revenue of $181.25 million for the quarter, compared to the consensus estimate of $150.02 million. During the same period last year, the firm earned $1.21 EPS. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities analysts anticipate that EPR Properties will post 5.2 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Royal Bank Of Canada lifted their price target on EPR Properties from $58.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Friday, March 6th. UBS Group lifted their price target on EPR Properties from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Monday, March 9th. Truist Financial lifted their price target on EPR Properties from $60.00 to $62.00 and gave the stock a “hold” rating in a research note on Friday, March 6th. Stifel Nicolaus set a $65.50 price target on EPR Properties in a research note on Thursday, March 5th. Finally, Raymond James Financial lowered EPR Properties from a “strong-buy” rating to an “outperform” rating and dropped their price target for the stock from $62.00 to $60.00 in a research note on Tuesday, March 17th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $59.50.

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.