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

EPR Properties (NYSE:EPR - Get Free Report) declared a jun 25 dividend on Thursday, June 12th, RTT News reports. Stockholders of record on Monday, June 30th will be paid a dividend of 0.295 per share by the real estate investment trust on Tuesday, July 15th. This represents a dividend yield of 6.3%. The ex-dividend date is Monday, June 30th.

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. 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 Performance

Shares of NYSE EPR traded down $0.94 during trading hours on Friday, hitting $56.54. 748,595 shares of the stock were exchanged, compared to its average volume of 620,780. EPR Properties has a one year low of $40.04 and a one year high of $57.72. The company's 50 day moving average is $51.62 and its 200 day moving average is $49.06. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The firm has a market capitalization of $4.30 billion, a P/E ratio of 24.48 and a beta of 1.27.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly 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. The company had revenue of $146.36 million during the quarter, compared to analysts' expectations of $155.46 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.12 earnings per share. On average, research analysts expect that EPR Properties will post 4.65 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EPR shares. Raymond James restated a "strong-buy" rating on shares of EPR Properties in a research note on Friday, May 23rd. Truist Financial increased their price target on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a report on Monday, May 19th. Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $58.00 price objective on shares of EPR Properties in a research report on Monday, May 19th. Finally, UBS Group lifted their target price on EPR Properties from $52.00 to $56.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $54.57.

Insider Activity

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the sale, the senior vice president now directly owns 15,299 shares in the company, valued at $795,395.01. This represents a 14.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the transaction, the chief accounting officer now directly owns 46,827 shares of the company's stock, valued at $2,430,321.30. This represents a 6.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.31% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. United Services Automobile Association bought a new position in shares of EPR Properties in the first quarter valued at about $251,000. Empowered Funds LLC raised its holdings 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 valued at $460,000 after buying an additional 804 shares during the last quarter. Focus Partners Wealth raised its holdings 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 valued at $466,000 after buying an additional 1,062 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings 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 worth $5,054,000 after purchasing an additional 976 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in EPR Properties by 13.4% during the 1st 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 purchasing an additional 61,844 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

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.