EPR Properties Announces Jan 25 Dividend of $0.29 (NYSE:EPR)

EPR Properties (NYSE:EPR) declared a jan 25 dividend on Tuesday, January 14th,RTT News reports. Stockholders of record on Friday, January 31st will be given a dividend of 0.285 per share by the real estate investment trust on Tuesday, February 18th. This represents a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, January 31st.

EPR Properties has raised its dividend by an average of 32.8% per year over the last three years. EPR Properties has a dividend payout ratio of 121.7% indicating that 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 $4.78 per share next year, which means the company should continue to be able to cover its $3.42 annual dividend with an expected future payout ratio of 71.5%.

EPR Properties Price Performance

Shares of NYSE EPR opened at $47.02 on Wednesday. The stock has a market cap of $3.56 billion, a P/E ratio of 20.36 and a beta of 1.75. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26. The firm’s 50-day simple moving average is $45.13 and its 200 day simple moving average is $46.00.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Wells Fargo & Company reiterated an “underweight” rating and set a $47.00 price objective (up previously from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. UBS Group started coverage on EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price objective for the company. Two research analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $47.94.

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.