EPR Properties (NYSE:EPR) Plans $0.30 Monthly Dividend

Key Points

• EPR Properties has declared a monthly dividend of $0.30 per share, representing an annual yield of 6.4% based on the company's current price.
• The company has a current payout ratio of 120.0%, indicating it relies on its balance sheet to cover dividend payments, although future earnings are projected to allow a healthier payout ratio of 74.4%.
• After a slight increase in share price, EPR Properties is trading at $55.53, with a market capitalization of $4.23 billion and a P/E ratio of 27.35.

EPR Properties (NYSE:EPR - Get Free Report) declared a monthly dividend on Wednesday, October 15th. Investors of record on Friday, October 31st will be paid a dividend of 0.295 per share by the real estate investment trust on Monday, November 17th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, October 31st.

EPR Properties has a 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 Trading Up 1.3%

Shares of NYSE EPR opened at $55.53 on Thursday. The company's 50 day simple moving average is $55.12 and its 200 day simple moving average is $54.42. EPR Properties has a fifty-two week low of $41.75 and a fifty-two week high of $61.24. The firm has a market capitalization of $4.23 billion, a P/E ratio of 27.35, a P/E/G ratio of 3.86 and a beta of 1.28. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77.

EPR Properties (NYSE:EPR - Get Free Report) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.01). The firm had revenue of $150.35 million during the quarter, compared to analyst estimates of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The company's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $1.22 earnings per share. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, analysts predict that EPR Properties will post 4.65 EPS for the current year.

About EPR Properties

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.

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