EPR Properties (NYSE:EPR) Declares $0.29 Feb 25 Dividend

EPR Properties (NYSE:EPR) announced a feb 25 dividend on Friday, February 14th,RTT News reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.285 per share by the real estate investment trust on Monday, March 17th.

EPR Properties has increased its dividend by an average of 23.5% per year over the last three years. EPR Properties has a dividend payout ratio of 121.7% indicating that 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 $4.77 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 71.7%.

EPR Properties Trading Down 0.9 %

Shares of EPR stock opened at $48.28 on Friday. EPR Properties has a 12-month low of $39.65 and a 12-month high of $50.26. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The firm’s 50 day moving average is $45.62 and its 200 day moving average is $46.21. The stock has a market capitalization of $3.66 billion, a P/E ratio of 20.90 and a beta of 1.75.

Analyst Upgrades and Downgrades

EPR has been the topic of several research reports. Royal Bank of Canada restated an “outperform” rating and issued a $50.00 target price on shares of EPR Properties in a report on Thursday, January 30th. 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 on the stock. Two analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target 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.