EPR Properties (EPR) to Issue Jan 25 Dividend of $0.29 on February 18th

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

EPR Properties has increased its dividend payment by an average of 32.8% annually 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. 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

NYSE EPR opened at $45.66 on Thursday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The business’s fifty day moving average is $44.72 and its 200 day moving average is $45.63. The company has a market capitalization of $3.46 billion, a PE ratio of 19.77 and a beta of 1.75. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26.

Wall Street Analyst Weigh In

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