EPR Properties (NYSE:EPR) Plans Monthly Dividend of $0.29

EPR Properties (NYSE:EPR - Get Free Report) announced a monthly dividend on Monday, April 15th, Zacks reports. Investors of record on Tuesday, April 30th will be paid a dividend of 0.285 per share by the real estate investment trust on Wednesday, May 15th. This represents a $3.42 annualized dividend and a dividend yield of 8.55%. The ex-dividend date of this dividend is Monday, April 29th.

EPR Properties has raised its dividend by an average of 29.6% per year over the last three years and has raised its dividend every year for the last 1 years.

EPR Properties Stock Up 0.7 %

EPR stock traded up $0.26 during midday trading on Wednesday, hitting $40.02. 808,238 shares of the company's stock were exchanged, compared to its average volume of 650,188. EPR Properties has a 12-month low of $39.01 and a 12-month high of $49.10. The company has a current ratio of 7.53, a quick ratio of 7.53 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 20.42 and a beta of 1.65. The firm has a 50 day moving average price of $41.83 and a 200-day moving average price of $43.91.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EPR. CIBC Private Wealth Group LLC acquired a new stake in shares of EPR Properties in the 4th quarter valued at about $205,000. Cerity Partners LLC bought a new stake in EPR Properties during the fourth quarter worth $203,000. Cetera Investment Advisers bought a new position in shares of EPR Properties in the 1st quarter valued at $203,000. Bessemer Group Inc. increased its holdings in EPR Properties by 10,000.0% in the fourth quarter. Bessemer Group Inc. now owns 4,545 shares of the real estate investment trust's stock valued at $172,000 after purchasing an additional 4,500 shares during the period. Finally, Captrust Financial Advisors acquired a new stake in EPR Properties in the second quarter valued at $77,000. 74.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Royal Bank of Canada boosted their price objective on EPR Properties from $48.00 to $51.00 and gave the company a "sector perform" rating in a research report on Thursday, January 11th. Raymond James boosted their price target on EPR Properties from $50.00 to $54.00 and gave the stock an "outperform" rating in a research report on Monday, January 8th. Truist Financial reduced their price target on EPR Properties from $51.00 to $46.00 and set a "hold" rating for the company in a research report on Friday, March 22nd. StockNews.com lowered EPR Properties from a "buy" rating to a "hold" rating in a research report on Wednesday, January 17th. Finally, JMP Securities lowered EPR Properties from an "outperform" rating to a "market perform" rating in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, EPR Properties presently has an average rating of "Hold" and a consensus target price of $48.05.

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.