Welcome to our dedicated page for EPR Properties news (Ticker: EPR), a resource for investors and traders seeking the latest updates and insights on EPR Properties stock.
EPR Properties (NYSE:EPR) maintains a distinctive position as a specialty real estate investment trust focused on experiential venues and educational facilities. This comprehensive news hub provides investors with essential updates on corporate developments, financial performance, and strategic initiatives.
Access timely press releases covering earnings reports, property acquisitions, and partnership announcements alongside curated market analyses. Our collection serves as a centralized resource for understanding EPR's unique approach to entertainment, recreation, and education-focused real estate investments.
Key updates include quarterly financial disclosures, dividend declarations, portfolio expansion news, and management commentary. The curated selection enables stakeholders to track tenant performance, property cash flow trends, and sector-specific market conditions affecting EPR's specialized REIT model.
Bookmark this page for ongoing access to verified information about theater renovations, education facility developments, and strategic capital allocations. Regular updates ensure you maintain current awareness of EPR's position within the evolving real estate investment landscape.
EPR Properties (NYSE: EPR) has released its 2024 tax reporting information for shareholder distributions. For common shares, the total distributions amount to $3.39 per share, with 74.043% ($2.510064) classified as taxable ordinary dividends and 25.957% ($0.879936) as non-taxable return of capital.
For Series C 5.75% Cumulative Convertible Preferred Shares, total distributions are $1.714412 per share, including cash distributions of $1.4375 and non-cash distributions of $0.276912. Series E 9.00% Cumulative Convertible Preferred Shares received total distributions of $2.25 per share, while Series G 5.750% Cumulative Redeemable Preferred Shares received $1.4375 per share.
EPR Properties (NYSE:EPR) has announced its monthly cash dividend for common shareholders. The company will pay $0.285 per common share on February 18, 2025, to shareholders of record as of January 31, 2025, representing an annualized dividend of $3.42 per common share.
EPR Properties is a leading diversified experiential net lease REIT focusing on leisure and recreation properties. The company maintains total assets of approximately $5.7 billion (after accumulated depreciation of approximately $1.5 billion) across 44 states. Their business model centers on properties where consumers spend discretionary time and money, with strict adherence to underwriting and investing criteria based on industry, property, and tenant cash flow standards.
EPR Properties (NYSE:EPR) has announced its dividend distributions. The company declared a monthly cash dividend of $0.285 per common share, payable January 15, 2025, representing an annualized dividend of $3.42 per share. Additionally, quarterly dividends were declared for preferred shareholders: 5.75% Series C at $0.359375 per share, 9.00% Series E at $0.5625 per share, and 5.75% Series G at $0.359375 per share, all payable January 15, 2025.
EPR Properties is a diversified experiential net lease REIT with total assets of approximately $5.7 billion across 44 states, focusing on leisure and recreation properties where consumers spend discretionary time and money.
EPR Properties (NYSE:EPR) has announced its monthly cash dividend of $0.285 per common share, payable December 16, 2024, to shareholders of record on November 29, 2024. This represents an annualized dividend of $3.42 per common share. EPR Properties is a diversified experiential net lease REIT with total assets of approximately $5.7 billion across 44 states, focusing on leisure and recreation venues where consumers spend discretionary time and money.
EPR Properties reported Q3 2024 financial results with total revenue of $180.5M, down from $189.4M in Q3 2023. Net income available to common shareholders was $40.6M ($0.53 per share), compared to $50.2M ($0.66 per share) in Q3 2023. The company secured a new $1.0B revolving credit facility maturing in October 2028 and invested $82.0M during Q3, bringing year-to-date investment to $214.6M. EPR narrowed its 2024 FFOAA guidance to $4.80-$4.92 per share, representing a 3.2% increase at midpoint over 2023. The company maintains strong liquidity with $35.3M cash on hand and $169.0M outstanding on its credit facility.
EPR Properties (NYSE:EPR), a leading diversified experiential net lease REIT, has announced its monthly cash dividend for common shareholders. The Board of Trustees has declared a dividend of $0.285 per common share, payable on November 15, 2024, to shareholders of record on October 31, 2024. This represents an annualized dividend of $3.42 per common share.
EPR Properties specializes in select enduring experiential properties in the real estate industry, focusing on venues that facilitate out-of-home leisure and recreation experiences. The company has total assets of approximately $5.6 billion (after accumulated depreciation of about $1.5 billion) across 44 states. EPR adheres to rigorous underwriting and investing criteria centered on key industry, property, and tenant-level cash flow standards.
EPR Properties (NYSE: EPR) has announced its schedule for the third quarter 2024 earnings conference call. The company will release its financial results on Wednesday, October 30, 2024, after the market closes at approximately 4:15 p.m. ET. Following this, management will host a conference call to discuss these results on Thursday, October 31, 2024, at 8:30 a.m. ET.
The conference call will be accessible via webcast through the company's website. For those preferring audio-only access, registration is required to receive dial-in information. Participants are advised to join 10 minutes before the event starts. A replay of the webcast will be available on the company's website after the call.
EPR Properties (NYSE: EPR) has announced a new $1.0 billion unsecured revolving credit facility, replacing its existing facility and maturing on October 2, 2028. The new facility includes an 'accordion' feature that allows for a potential increase to $2.0 billion, subject to lender consent. Key improvements include:
1. Generally reduced interest rates on outstanding loans
2. Elimination of the tangible net worth covenant
3. Modified secured debt to total asset value covenant
4. Simplified asset valuation method
The facility offers two six-month extension options and is expected to be used for general business purposes, including acquiring experiential properties. EPR's President and CEO, Greg Silvers, stated that the new facility provides enhanced borrowing flexibility and more favorable terms, strengthening the company's financial foundation.
EPR Properties (NYSE:EPR), a leading diversified experiential net lease REIT, has announced its latest dividend declarations. The company's Board of Trustees has declared a monthly cash dividend of $0.285 per common share, payable on October 15, 2024, to shareholders of record on September 30, 2024. This represents an annualized dividend of $3.42 per common share.
Additionally, EPR Properties has declared quarterly dividends for its preferred shareholders:
- 5.75% Series C Cumulative Convertible Preferred Shares: $0.359375 per share
- 9.00% Series E Cumulative Convertible Preferred Shares: $0.5625 per share
- 5.75% Series G Cumulative Redeemable Preferred Shares: $0.359375 per share
All preferred dividends are payable on October 15, 2024, to shareholders of record on September 30, 2024.
EPR Properties (NYSE: EPR) has announced the election of William P. (Liam) Brown to its Board of Trustees, effective September 6, 2024. Brown, currently serving as Group President U.S. & Canada at Marriott International, brings over 35 years of hospitality experience to EPR's board. In his role at Marriott, Brown oversees the development and management of a portfolio comprising 28 brands and over 6000 properties in the U.S. and Canada. Greg Silvers, Chairman and CEO of EPR Properties, expressed excitement about Brown's addition, highlighting the value of his extensive hospitality experience to the company's future vision and execution.