EPR Properties to Issue Monthly Dividend of $0.31 (NYSE:EPR)

Key Points

• EPR Properties declared a monthly dividend of $0.31 per share, payable October 15 to shareholders of record September 30. The dividend equates to $3.72 annually and a yield of approximately 6.3%.
• The current 126.1% payout ratio means earnings do not fully cover the dividend, although analysts expect next year’s earnings to lower the projected payout ratio to 67.4%.
• EPR reported quarterly EPS of $0.79, exceeding the $0.74 consensus estimate, while revenue rose 30.4% year over year to $196.08 million.

EPR Properties (NYSE:EPR - Get Free Report) announced a monthly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.31 per share by the real estate investment trust on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Wednesday, September 30th.

EPR Properties has raised its dividend by an average of 0.2%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 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 research 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 Price Performance

EPR stock opened at $58.59 on Wednesday. The business's fifty day moving average price is $60.81 and its 200 day moving average price is $57.99. EPR Properties has a 12-month low of $48.10 and a 12-month high of $64.97. The company has a current ratio of 9.51, a quick ratio of 9.51 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $4.49 billion, a PE ratio of 18.84, a P/E/G ratio of 2.25 and a beta of 1.01.

EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.74 by $0.05. The company had revenue of $196.08 million during the quarter, compared to analysts' expectations of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.EPR Properties's revenue for the quarter was up 30.4% on a year-over-year basis. During the same period last year, the business posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, sell-side analysts anticipate that EPR Properties will post 5.37 EPS for the current year.

About EPR Properties

EPR Properties NYSE: EPR is a specialty real estate investment trust focused on experiential real estate. The company owns and leases properties designed for entertainment, recreation and leisure activities, including multiplex cinemas, eat-and-play venues, cultural attractions, amusement and water parks, ski resorts, and other destination-based properties.

EPR generally leases its properties to operators under long-term agreements, allowing tenants to manage the underlying businesses while EPR focuses on property ownership, investment and portfolio management.

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