EPR Properties (EPR) To Go Ex-Dividend on January 31st

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 given 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 increased its dividend payment by an average of 32.8% annually over the last three years. EPR Properties has a payout ratio of 121.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Stock Performance

Shares of NYSE EPR opened at $47.02 on Wednesday. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. 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 firm’s fifty day moving average is $45.13 and its two-hundred day moving average is $46.00. The company has a market cap of $3.56 billion, a P/E ratio of 20.36 and a beta of 1.75.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on EPR. UBS Group started coverage on EPR Properties in a research report on Thursday, November 14th. They set a “neutral” rating and a $48.00 target price on the stock. Wells Fargo & Company reaffirmed an “underweight” rating and set a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from 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.