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

EPR Properties (NYSE:EPR) announced a jan 25 dividend on Tuesday, January 14th,RTT News reports. Shareholders 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.

EPR Properties has raised its dividend by an average of 32.8% per year over the last three years. EPR Properties has a payout ratio of 121.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. 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 Stock Performance

EPR traded up $0.46 on Tuesday, hitting $45.53. 775,049 shares of the company traded hands, compared to its average volume of 669,944. The company has a 50 day moving average of $44.70 and a 200-day moving average of $45.61. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $3.45 billion, a PE ratio of 19.71 and a beta of 1.75. EPR Properties has a 12-month low of $39.65 and a 12-month high of $50.26.

Analyst Ratings Changes

Several research firms have issued reports on EPR. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. UBS Group initiated coverage on EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 target price on the stock. Finally, Wells Fargo & Company restated an “underweight” rating and issued a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average 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.