EPR Properties Stock Price, News & Analysis

EPR Properties (NYSE: EPR) will release its first quarter 2021 financial results on May 5, 2021, at 4:00 p.m. EST. A conference call is scheduled for May 6, 2021, at 8:30 a.m. EST, where management will discuss the results. The call can be accessed via audio dial-in or through the webcast available on the Investor Center of the company’s website. EPR Properties focuses on experiential net lease real estate, with investments totaling nearly $6.5 billion across 44 states.

EPR Properties (NYSE:EPR) has declared quarterly dividends for preferred shareholders, effective April 15, 2021. Shareholders of record as of March 31, 2021, will receive:

• 5.75% Series C: $0.359375 per share
• 9.00% Series E: $0.5625 per share
• 5.75% Series G: $0.359375 per share

The company, focused on experiential net lease real estate, has approximately $6.5 billion in investments across 44 states, emphasizing stable returns and strict investment criteria.

EPR Properties (NYSE:EPR) has announced that its President and CEO, Gregory Silvers, will present at the virtual Citi 2021 Global Property CEO Conference on March 10, 2021, at 1:15 PM Eastern Time. Investors can access the live webcast here, with a replay available shortly after the presentation. EPR Properties focuses on experiential net lease real estate investments, holding nearly $6.5 billion in assets across 44 states.

EPR Properties (NYSE:EPR) reported significant financial challenges for Q4 and the full year 2020. Total revenue fell to $93.4 million in Q4, down from $170.3 million in 2019, and net loss to common shareholders reached $26 million, compared to a profit of $30 million in Q4 2019. For the year, revenue decreased to $414.7 million with a substantial net loss of $155.9 million. However, cash collections showed positive trends, improving to 66% of pre-COVID levels in January 2021. The company maintained liquidity with over $1 billion in cash and extended covenant waivers through December 2021, focusing on capital recycling and tenant support.

EPR Properties (NYSE: EPR) will announce its fourth quarter 2020 financial results on February 24, 2021, after the market closes. A conference call to discuss these results is scheduled for February 25, 2021, at 8:30 a.m. EST. Investors can access the call via audio and webcast on the Company’s Investor Center website. EPR Properties specializes in experiential net lease real estate investments, with a portfolio exceeding $6.5 billion across 44 states, focusing on venues that enhance leisure experiences.

EPR Properties (NYSE: EPR) has released the 2020 year-end tax reporting details for distributions to shareholders. The total cash distribution for common shares amounted to $1.890000 per share. This includes various dividend components, such as ordinary dividends and non-taxable returns of capital. For Series C and Series E preferred shares, the total distributions were $1.437500 and $2.419540 respectively. Shareholders are advised to consult personal tax advisors regarding the tax implications of these distributions.

EPR Properties reported key updates for Q4 2020, highlighting a significant increase in cash collections and a successful sale of educational properties. The company collected approximately 46% of pre-COVID contractual cash revenue, up from 28% in Q2 and 42% in Q3. The sale of six private schools and four early childhood centers generated $201 million in proceeds, along with four experiential properties and two land parcels totaling $23 million. EPR's cash on hand exceeded $1.0 billion, positioning it well amidst the pandemic.

EPR Properties (NYSE:EPR) has declared quarterly dividends for its preferred shareholders, effective January 15, 2021. The 5.75% Series C Cumulative Convertible Preferred Shares will yield a dividend of $0.359375 per share, while the 9.00% Series E Cumulative Convertible Preferred Shares will provide $0.5625 per share. Additionally, the 5.75% Series G Cumulative Redeemable Preferred Shares will also receive $0.359375 per share. All dividends are payable to shareholders of record on December 31, 2020.

EPR Properties reported significant losses for the third quarter of 2020, with total revenue dropping to $63.9 million from $169.4 million in Q3 2019. Net loss available to common shareholders was $91.9 million, translating to a loss of $1.23 per diluted share. Cash collections from tenants improved, reaching 48% of contractual cash revenue by September. The company has over $985 million in cash and extended covenant waivers on credit facilities through December 2021. However, write-offs of $49.8 million related to two customers indicate ongoing challenges due to COVID-19 restrictions.