EPR Properties is a leading 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 which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have nearly $6.7 billion in total investments across 44 states. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns.
EPR Properties Trading Up 0.9 %
Shares of EPR traded up $0.45 during trading hours on Friday, hitting $52.44. 305,239 shares of the stock were exchanged, compared to its average volume of 361,571. EPR Properties has a fifty-two week low of $41.14 and a fifty-two week high of $56.38. The company has a debt-to-equity ratio of 1.09, a current ratio of 9.00 and a quick ratio of 8.14. The business has a 50-day moving average of $49.21 and a 200-day moving average of $49.87. The firm has a market capitalization of $3.93 billion, a P/E ratio of 29.13, a price-to-earnings-growth ratio of 0.92 and a beta of 1.57.
EPR Properties (NYSE:EPR - Get Rating) last posted its quarterly earnings data on Monday, August 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, missing the consensus estimate of $1.09 by ($0.63). EPR Properties had a return on equity of 6.13% and a net margin of 26.09%. The firm had revenue of $160.45 million for the quarter, compared to analyst estimates of $149.39 million. During the same quarter last year, the company earned $0.71 earnings per share. The company's quarterly revenue was up 28.0% compared to the same quarter last year. On average, research analysts expect that EPR Properties will post 4.55 EPS for the current year.
EPR Properties Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Monday, August 15th. Shareholders of record on Friday, July 29th will be issued a $0.275 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 6.29%. The ex-dividend date is Thursday, July 28th. EPR Properties's payout ratio is 183.33%.
Analysts Set New Price Targets
Several brokerages have commented on EPR. Truist Financial cut their price target on shares of EPR Properties from $51.00 to $50.00 and set a "hold" rating on the stock in a research report on Tuesday, June 21st. StockNews.com lowered shares of EPR Properties from a "buy" rating to a "hold" rating in a research report on Tuesday, August 2nd. Finally, Janney Montgomery Scott upgraded shares of EPR Properties from a "neutral" rating to a "buy" rating in a research report on Thursday, July 7th. Five research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, EPR Properties presently has a consensus rating of "Hold" and a consensus price target of $56.70.