EPR Properties (EPR) to Issue Monthly Dividend of $0.31 on September 15th

EPR Properties (NYSE:EPR) announced a monthly dividend on Thursday, August 13th. Stockholders of record on Monday, August 31st will be paid a dividend of 0.31 per share by the real estate investment trust on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Monday, August 31st.

EPR Properties has increased its dividend payment 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 $5.52 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 67.4%.

EPR Properties Stock Up 0.1%

Shares of EPR stock opened at $59.64 on Friday. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 2.28 and a beta of 1.02. EPR Properties has a one year low of $48.10 and a one year high of $64.97. The company’s fifty day moving average price is $60.67 and its 200-day moving average price is $57.86. The company has a debt-to-equity ratio of 1.43, a current ratio of 9.51 and a quick ratio of 9.51.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The company had revenue of $196.08 million for the quarter, compared to analysts’ expectations of $158.13 million. During the same quarter in the previous year, the company earned $1.26 EPS. EPR Properties’s revenue for the quarter was up 30.4% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. Sell-side analysts expect that EPR Properties will post 5.36 EPS for the current fiscal year.

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total transaction of $116,220.00. Following the completion of the transaction, the senior vice president owned 14,213 shares in the company, valued at $825,917.43. This trade represents a 12.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $61.79, for a total value of $413,498.68. Following the transaction, the chief accounting officer owned 49,167 shares of the company’s stock, valued at approximately $3,038,028.93. The trade was a 11.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,892 shares of company stock valued at $844,113 in the last 90 days. Insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Several institutional investors have recently added to or reduced their stakes in EPR. Corient Private Wealth LP raised its holdings in shares of EPR Properties by 158.7% during the 2nd quarter. Corient Private Wealth LP now owns 160,736 shares of the real estate investment trust’s stock worth $9,325,000 after acquiring an additional 98,602 shares in the last quarter. Groupe la Francaise grew its holdings in shares of EPR Properties by 5.8% in the second quarter. Groupe la Francaise now owns 10,405 shares of the real estate investment trust’s stock valued at $604,000 after purchasing an additional 566 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of EPR Properties in the second quarter valued at $4,736,000. California State Teachers Retirement System increased its position in EPR Properties by 5,443.5% in the second quarter. California State Teachers Retirement System now owns 5,138,120 shares of the real estate investment trust’s stock worth $298,062,000 after purchasing an additional 5,045,432 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in EPR Properties during the second quarter valued at $565,000. Hedge funds and other 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.