EPR Properties (NYSE:EPR) Plans $0.30 Apr 25 Dividend

EPR Properties (NYSE:EPR - Get Free Report) announced a apr 25 dividend on Tuesday, April 15th, RTT News reports. Shareholders of record on Wednesday, April 30th will be paid a dividend of 0.295 per share by the real estate investment trust on Thursday, May 15th. This represents a yield of 7.3%. The ex-dividend date is Wednesday, April 30th.

EPR Properties has raised its dividend payment by an average of 23.5% annually over the last three years. EPR Properties has a dividend payout ratio of 122.9% 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 Trading Up 1.5 %

Shares of EPR Properties stock traded up $0.73 on Friday, hitting $49.23. The stock had a trading volume of 495,351 shares, compared to its average volume of 614,081. The stock's 50-day simple moving average is $50.08 and its two-hundred day simple moving average is $47.34. EPR Properties has a one year low of $39.87 and a one year high of $54.25. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of 21.31 and a beta of 1.30.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating the consensus estimate of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. As a group, sell-side analysts predict that EPR Properties will post 4.65 EPS for the current year.

Insider Activity at EPR Properties

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the sale, the senior vice president now directly owns 15,299 shares in the company, valued at approximately $795,395.01. This trade represents a 14.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of the business's stock in a transaction on Monday, March 17th. The stock was 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 owns 46,827 shares of the company's stock, valued at $2,430,321.30. This represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,520 shares of company stock valued at $502,581. 2.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EPR. Stifel Nicolaus lifted their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a report on Thursday, February 27th. Royal Bank of Canada increased their price target on shares of EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research note on Thursday, March 6th. Wells Fargo & Company lifted their price objective on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a research report on Monday, March 10th. Finally, Truist Financial upped their price target on EPR Properties from $51.00 to $53.00 and gave the stock a "hold" rating in a research note on Monday, March 24th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $51.00.

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.