EPR Properties (NYSE:EPR) Plans Jul 25 Dividend of $0.30

EPR Properties (NYSE:EPR - Get Free Report) announced a jul 25 dividend on Tuesday, July 15th, RTT News reports. Investors of record on Thursday, July 31st will be given a dividend of 0.295 per share by the real estate investment trust on Friday, August 15th. This represents a dividend yield of 5.9%. The ex-dividend date is Thursday, July 31st.

EPR Properties has a dividend payout ratio of 120.0% 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 $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 0.0%

NYSE EPR traded up $0.03 during trading hours on Thursday, hitting $60.21. 25,594 shares of the company were exchanged, compared to its average volume of 633,540. The company has a 50 day moving average of $56.43 and a two-hundred day moving average of $51.35. The company has a quick ratio of 8.28, a current ratio of 8.28 and a debt-to-equity ratio of 1.20. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 36.94, a PEG ratio of 4.54 and a beta of 1.27.

EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a return on equity of 6.30% and a net margin of 21.13%. The firm had revenue of $146.36 million during the quarter, compared to analysts' expectations of $155.46 million. During the same period in the prior year, the firm earned $1.12 EPS. The business's revenue was up 4.7% on a year-over-year basis. Equities research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. UBS Group raised their price objective on EPR Properties from $56.00 to $62.00 and gave the stock a "neutral" rating in a report on Wednesday. Truist Financial raised their price objective on EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research report on Monday, May 19th. Wells Fargo & Company lifted their target price on EPR Properties from $52.00 to $53.00 and gave the stock an "underweight" rating in a research report on Monday, June 2nd. Stifel Nicolaus raised EPR Properties from a "hold" rating to a "buy" rating and boosted their price objective for the company from $52.00 to $65.00 in a report on Friday, June 20th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, EPR Properties currently has an average rating of "Moderate Buy" and an average price target of $57.29.

Insiders Place Their Bets

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total transaction of $437,775.00. Following the completion of the sale, the executive vice president owned 103,877 shares in the company, valued at approximately $6,063,300.49. This represents a 6.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.31% of the stock is owned by company insiders.

Institutional Investors Weigh In On EPR Properties

A number of institutional investors and hedge funds have recently modified their holdings of EPR. Goldman Sachs Group Inc. raised its stake in EPR Properties by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 96,061 shares of the real estate investment trust's stock valued at $5,054,000 after purchasing an additional 976 shares during the period. United Services Automobile Association acquired a new position in shares of EPR Properties in the first quarter worth $251,000. Empowered Funds LLC increased its stake in shares of EPR Properties by 10.1% in the first quarter. Empowered Funds LLC now owns 8,746 shares of the real estate investment trust's stock worth $460,000 after acquiring an additional 804 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of EPR Properties by 13.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 524,883 shares of the real estate investment trust's stock worth $27,614,000 after acquiring an additional 61,844 shares during the last quarter. Finally, Focus Partners Wealth increased its stake in shares of EPR Properties by 13.6% in the first quarter. Focus Partners Wealth now owns 8,861 shares of the real estate investment trust's stock worth $466,000 after acquiring an additional 1,062 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Company Profile

EPR Properties NYSE: EPR is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.