EPR Properties to Issue Aug 25 Dividend of $0.30 (NYSE:EPR)

Key Points

• EPR Properties has declared a dividend of $0.30 per share, which will be paid on September 15th to shareholders of record as of August 29th.
• The company has a dividend payout ratio of 120.0%, indicating that earnings alone cannot currently cover its dividend payments.
• EPR Properties' stock fell 0.7% on the day of reporting, with shares trading at $53.04 and a market capitalization of $4.04 billion.

EPR Properties (NYSE:EPR - Get Free Report) declared a aug 25 dividend on Thursday, August 14th, RTT News reports. Shareholders of record on Friday, August 29th will be given a dividend of 0.295 per share by the real estate investment trust on Monday, September 15th.

EPR Properties has a dividend payout ratio of 120.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Down 0.7%

Shares of EPR Properties stock traded down $0.38 during trading hours on Thursday, reaching $53.04. The company's stock had a trading volume of 570,462 shares, compared to its average volume of 761,868. EPR Properties has a one year low of $41.75 and a one year high of $61.24. The company has a market capitalization of $4.04 billion, a P/E ratio of 26.13, a P/E/G ratio of 3.78 and a beta of 1.33. The stock's fifty day simple moving average is $57.25 and its two-hundred day simple moving average is $52.83. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share for the quarter, missing analysts' consensus estimates of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm had revenue of $150.35 million for the quarter, compared to the consensus estimate of $176.50 million. During the same period in the previous year, the business earned $1.22 earnings per share. The firm's revenue for the quarter was up 3.7% on a year-over-year basis. On average, research analysts forecast that EPR Properties will post 4.65 earnings per share 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.