EPR Properties (NYSE:EPR) Plans Feb 25 Dividend of $0.29

EPR Properties (NYSE:EPR) announced a feb 25 dividend on Friday, February 14th, RTT News reports. Shareholders 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. This represents a dividend yield of 7%. The ex-dividend date of this dividend is Friday, February 28th.

EPR Properties has increased its dividend by an average of 23.5% annually over the last three years. EPR Properties has a 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 $4.76 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 71.8%.

EPR Properties Trading Up 1.1 %

EPR Properties stock opened at $50.76 on Wednesday. EPR Properties has a one year low of $39.65 and a one year high of $50.84. The business’s fifty day moving average is $46.20 and its 200 day moving average is $46.45. The stock has a market capitalization of $3.84 billion, a PE ratio of 21.97 and a beta of 1.75. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81.

Wall Street Analyst Weigh In

EPR has been the subject of a number of research analyst reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $50.00 price target on shares of EPR Properties in a research note on Thursday, January 30th. UBS Group initiated coverage on shares of EPR Properties in a research report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 target price for the company. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, EPR Properties 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.