EPR Properties (EPR) To Go Ex-Dividend on April 29th

EPR Properties (NYSE:EPR) announced a monthly dividend on Monday, April 15th, Zacks reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.285 per share by the real estate investment trust on Wednesday, May 15th. This represents a $3.42 dividend on an annualized basis and a yield of 8.60%. The ex-dividend date of this dividend is Monday, April 29th.

EPR Properties has increased its dividend payment by an average of 29.6% annually over the last three years and has increased its dividend every year for the last 1 years.

EPR Properties Trading Down 1.6 %

Shares of NYSE EPR opened at $39.76 on Wednesday. The company has a quick ratio of 7.53, a current ratio of 7.53 and a debt-to-equity ratio of 1.15. The business has a fifty day simple moving average of $41.83 and a two-hundred day simple moving average of $43.91. The firm has a market cap of $3.01 billion, a PE ratio of 20.18 and a beta of 1.65. EPR Properties has a twelve month low of $39.01 and a twelve month high of $49.10.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Arbitrage SNC grew its stake in EPR Properties by 2.4% during the 1st quarter. BNP Paribas Arbitrage SNC now owns 12,327 shares of the real estate investment trust’s stock valued at $470,000 after purchasing an additional 285 shares during the last quarter. Putnam Investments LLC grew its stake in EPR Properties by 0.4% during the 4th quarter. Putnam Investments LLC now owns 85,580 shares of the real estate investment trust’s stock valued at $3,228,000 after purchasing an additional 302 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its stake in EPR Properties by 3.8% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 8,703 shares of the real estate investment trust’s stock valued at $334,000 after purchasing an additional 317 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in EPR Properties by 22.1% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,883 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 341 shares during the last quarter. Finally, US Bancorp DE grew its stake in EPR Properties by 6.2% during the 1st quarter. US Bancorp DE now owns 6,103 shares of the real estate investment trust’s stock valued at $333,000 after purchasing an additional 356 shares during the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Royal Bank of Canada lifted their target price on EPR Properties from $48.00 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, January 11th. Truist Financial reduced their price target on EPR Properties from $51.00 to $46.00 and set a “hold” rating for the company in a research report on Friday, March 22nd. Raymond James boosted their price target on EPR Properties from $50.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, January 8th. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, JMP Securities lowered EPR Properties from an “outperform” rating to a “market perform” rating in a research report on Monday, January 22nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $48.05.

About EPR Properties

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.