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

EPR Properties (NYSE:EPR) announced a jan 25 dividend on Tuesday, January 14th,RTT News reports. Stockholders 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 dividend yield of 7.5%. The ex-dividend date 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 payout ratio of 121.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. 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 Trading Up 0.3 %

Shares of EPR opened at $45.66 on Thursday. The stock has a market capitalization of $3.46 billion, a PE ratio of 19.77 and a beta of 1.75. The company’s fifty day moving average is $44.72 and its 200 day moving average is $45.63. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. 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

A number of equities analysts have recently commented on EPR shares. Wells Fargo & Company reiterated an “underweight” rating and issued a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. UBS Group began coverage on shares of EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target for the company. Finally, JMP Securities restated a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $47.94.

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.