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

EPR Properties (NYSE:EPR) declared 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.

EPR Properties has increased its dividend payment by an average of 32.8% annually over the last three years. EPR Properties has a dividend 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. 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 Stock Up 1.0 %

EPR stock opened at $45.53 on Wednesday. The stock has a market capitalization of $3.45 billion, a PE ratio of 19.71 and a beta of 1.75. The company has a fifty day moving average of $44.70 and a 200-day moving average of $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 one year low of $39.65 and a one year high of $50.26.

Analyst Upgrades and Downgrades

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