EPR Properties (NYSE:EPR) announced a — dividend on Wednesday, September 18th, Wall Street Journal reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.375 per share by the real estate investment trust on Tuesday, October 15th. This represents a dividend yield of 5.8%. The ex-dividend date of this dividend is Friday, September 27th.
EPR Properties has increased its dividend by an average of 9.1% per year over the last three years and has increased its dividend every year for the last 8 years. EPR Properties has a dividend payout ratio of 74.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect EPR Properties to earn $5.63 per share next year, which means the company should continue to be able to cover its $4.50 annual dividend with an expected future payout ratio of 79.9%.
EPR stock traded down $0.28 during trading on Friday, reaching $77.33. 354,572 shares of the stock were exchanged, compared to its average volume of 399,303. The business has a 50 day moving average price of $77.31 and a 200-day moving average price of $77.12. The firm has a market capitalization of $6.02 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 4.52 and a beta of 0.49. EPR Properties has a 1 year low of $62.75 and a 1 year high of $80.75. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 1.06.
EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.52). The company had revenue of $175.70 million during the quarter, compared to analysts’ expectations of $168.46 million. EPR Properties had a net margin of 41.51% and a return on equity of 9.81%. EPR Properties’s revenue was down 13.4% on a year-over-year basis. During the same period last year, the firm posted $1.87 earnings per share. On average, research analysts anticipate that EPR Properties will post 5.4 EPS for the current year.
A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of EPR Properties from $76.00 to $83.00 and gave the company a “neutral” rating in a research note on Wednesday, August 28th. Stifel Nicolaus lifted their price objective on shares of EPR Properties from $80.00 to $82.00 and gave the company a “hold” rating in a report on Friday, August 23rd. Finally, ValuEngine cut shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $80.33.
In other news, Director Robert J. Druten sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $73.26, for a total transaction of $219,780.00. Following the completion of the sale, the director now owns 31,237 shares in the company, valued at approximately $2,288,422.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.34% of the company’s stock.
EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.
Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.