EPR Properties (NYSE:EPR) Declares $0.31 Monthly Dividend

Key Points

• EPR Properties declared a monthly dividend of $0.31 per share, payable September 15 to shareholders of record August 31. The payment implies an annualized dividend of $3.72 and a yield of approximately 6.0%.
• The REIT’s current dividend payout ratio is high at 126.1%, meaning earnings alone do not cover the dividend; however, analysts expect next year’s earnings to reduce the projected payout ratio to 67.3%.
• 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) declared 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 6.0%. The ex-dividend date of this dividend is Monday, August 31st.

EPR Properties has increased 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 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 research analysts expect EPR Properties to earn $5.53 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 67.3%.

EPR Properties Price Performance

Shares of NYSE EPR opened at $61.73 on Friday. The firm has a market cap of $4.73 billion, a P/E ratio of 19.85, a price-to-earnings-growth ratio of 2.36 and a beta of 1.02. The business's 50 day moving average is $60.23 and its 200-day moving average is $57.40. The company has a current ratio of 9.51, a quick ratio of 9.51 and a debt-to-equity ratio of 1.43. EPR Properties has a 1-year low of $48.10 and a 1-year high of $64.97.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.05. The business had revenue of $196.08 million during the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The firm's quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. Equities research analysts predict that EPR Properties will post 5.34 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source