EPR Properties (NYSE:EPR) Announces Monthly Dividend of $0.25

EPR Properties (NYSE:EPR) announced a monthly dividend on Tuesday, October 12th, Wall Street Journal reports. Stockholders of record on Friday, October 29th will be paid a dividend of 0.25 per share by the real estate investment trust on Monday, November 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date is Thursday, October 28th.

EPR Properties has decreased its dividend payment by 62.9% over the last three years. EPR Properties has a payout ratio of 70.4% meaning its dividend is sufficiently covered by earnings. Analysts expect EPR Properties to earn $3.83 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 13.1%.

Shares of EPR opened at $52.72 on Thursday. The company has a market cap of $3.94 billion, a PE ratio of -36.36, a price-to-earnings-growth ratio of 0.70 and a beta of 1.85. The company has a current ratio of 9.35, a quick ratio of 9.35 and a debt-to-equity ratio of 1.16. The stock has a 50-day moving average price of $50.33 and a 200-day moving average price of $50.28. EPR Properties has a 12-month low of $20.62 and a 12-month high of $56.07.

EPR Properties (NYSE:EPR) last released its earnings results on Tuesday, July 27th. The real estate investment trust reported $0.17 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.40). The firm had revenue of $125.36 million during the quarter, compared to the consensus estimate of $112.62 million. EPR Properties had a negative return on equity of 3.18% and a negative net margin of 21.28%. The business’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 EPS. As a group, analysts predict that EPR Properties will post 2.76 earnings per share for the current year.

A number of analysts recently weighed in on the company. Stifel Nicolaus boosted their target price on EPR Properties from $49.00 to $55.00 and gave the stock a “hold” rating in a research report on Wednesday, July 14th. Royal Bank of Canada boosted their target price on EPR Properties from $49.00 to $52.00 and gave the stock a “sector perform” rating in a research report on Friday, August 20th. Finally, Citigroup upgraded EPR Properties from a “sell” rating to a “neutral” rating in a research report on Thursday, July 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, EPR Properties has an average rating of “Buy” and an average price target of $47.00.

EPR Properties Company Profile

EPR Properties operates as a real estate investment trust. The firm engages in the development, finance and leasing of theatres, entertainment retail and family entertainment centers. It operates through the following segments: Entertainment and Education. The Entertainment segment includes investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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Dividend History for EPR Properties (NYSE:EPR)

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