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

Key Points

• EPR Properties announced a quarterly dividend of $0.30 per share, payable on October 15th to investors of record as of September 30th.
• The company has a high dividend payout ratio of 120%, indicating it currently relies on its balance sheet rather than earnings to cover dividend payments.
• Recently, EPR Properties' stock traded down 0.3% to $58.30, with a market cap of $4.44 billion and a price-to-earnings ratio of 28.72.

EPR Properties (NYSE:EPR - Get Free Report) announced a quarterly dividend on Monday, September 15th, RTT News reports. Investors of record on Tuesday, September 30th will be given a dividend of 0.295 per share by the real estate investment trust on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 2.0%.

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 Trading Down 0.3%

NYSE EPR traded down $0.17 during trading on Monday, hitting $58.30. The company had a trading volume of 1,007,769 shares, compared to its average volume of 802,242. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20. EPR Properties has a one year low of $41.75 and a one year high of $61.24. The company has a market cap of $4.44 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 4.12 and a beta of 1.32. The company's fifty day moving average is $55.77 and its 200-day moving average is $53.80.

EPR Properties (NYSE:EPR - Get Free Report) last released its 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). The business had revenue of $150.35 million during the quarter, compared to analysts' expectations of $176.50 million. EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The firm's quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.22 earnings per share. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, sell-side analysts predict that EPR Properties will post 4.65 earnings per share for the current year.

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.

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