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.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. StockNews.com lowered shares of EPR Properties from a "buy" rating to a "hold" rating in a report on Tuesday, August 2nd. Janney Montgomery Scott upgraded shares of EPR Properties from a "neutral" rating to a "buy" rating in a research note on Thursday, July 7th. Finally, Truist Financial decreased their price target on shares of EPR Properties from $51.00 to $50.00 and set a "hold" rating for the company in a research note on Tuesday, June 21st. Five 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's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $56.70.
EPR Properties Price Performance
NYSE:EPR opened at $52.91 on Tuesday. EPR Properties has a 12 month low of $41.14 and a 12 month high of $56.38. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 29.39, a PEG ratio of 0.92 and a beta of 1.57. The company's 50 day moving average is $49.25 and its two-hundred day moving average is $49.97. The company has a current ratio of 9.00, a quick ratio of 9.00 and a debt-to-equity ratio of 1.09.
EPR Properties (NYSE:EPR - Get Rating) last released its quarterly earnings data on Monday, August 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by ($0.63). The company had revenue of $160.45 million for the quarter, compared to the consensus estimate of $149.39 million. EPR Properties had a net margin of 26.09% and a return on equity of 6.13%. The company's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. As a group, research analysts anticipate that EPR Properties will post 4.55 earnings per share for the current year.
EPR Properties Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, August 15th. Investors of record on Friday, July 29th will be given a $0.275 dividend. This represents a $3.30 annualized dividend and a yield of 6.24%. The ex-dividend date of this dividend is Thursday, July 28th. EPR Properties's dividend payout ratio is presently 183.33%.