EPR Properties Declares Monthly Dividend of $0.29 (EPR)
EPR Properties (NYSE:EPR) declared a monthly dividend on Friday, January 17th, AR Network reports. Stockholders of record on Friday, January 31st will be given a dividend of 0.285 per share on Tuesday, February 18th. This represents a $3.42 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date of this dividend is Wednesday, January 29th. This is a boost from EPR Properties’s previous monthly dividend of $0.26.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. upgraded shares of EPR Properties from a “neutral” rating to an “overweight” rating in a research note to investors on Thursday. They now have a $60.00 price target on the stock. On the ratings front, analysts at Ned Davis Research upgraded shares of EPR Properties from a “sell” rating to a “neutral” rating in a research note to investors on Monday. Finally, analysts at FBR Capital Markets raised their price target on shares of EPR Properties from $53.00 to $54.00 in a research note to investors on Tuesday, November 12th. They now have a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. EPR Properties has an average rating of “Hold” and a consensus target price of $59.00.
Shares of EPR Properties (NYSE:EPR) traded up 0.62% during mid-day trading on Friday, hitting $50.54. 866,215 shares of the company’s stock traded hands. EPR Properties has a 52-week low of $46.36 and a 52-week high of $61.18. The stock’s 50-day moving average is $49.51 and its 200-day moving average is $50.16. The company has a market cap of $2.610 billion and a P/E ratio of 20.09.
EPR Properties (NYSE:EPR) last announced its earnings results on Tuesday, November 5th. The company reported $1.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.98 by $0.03. The company had revenue of $87.80 million for the quarter, compared to the consensus estimate of $61.70 million. During the same quarter in the prior year, the company posted $0.96 earnings per share. The company’s quarterly revenue was up 7.7% on a year-over-year basis. Analysts expect that EPR Properties will post $3.91 EPS for the current fiscal year.
EPR Properties, formerly Entertainment Properties Trust, is specialty real estate investment trust (NYSE:EPR).
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