EPR Properties Stock Price, News & Analysis

EPR Properties (NYSE:EPR) announced a monthly cash dividend of $0.275 per common share, payable on April 17, 2023.

Shareholders of record on March 31, 2023 will receive this dividend, representing an annualized rate of $3.30 per share.

The Board also declared quarterly preferred dividends: $0.359375 for Series C and G, and $0.5625 for Series E, all payable on the same date to holders of record as of March 31, 2023.

EPR Properties focuses on net lease real estate and operates approximately $5.8 billion in assets across 44 states.

EPR Properties (NYSE:EPR) will have its Chairman and CEO, Gregory Silvers, presenting at the 2023 Citi Global Property CEO Conference on March 8, 2023, at 9:15 AM Eastern Time. Interested investors can access the live webcast here. A replay will be available an hour after the presentation on the Company’s webcasts page.

EPR Properties (NYSE:EPR) reported strong fourth-quarter and full-year results for 2022, showcasing significant earnings growth. Total revenue soared to $178.7 million for Q4 and $658.0 million for the year, representing substantial year-over-year increases. Net income available to shareholders was $36.3 million for Q4 and $152.1 million for the year. Noteworthy is the 52% rise in Funds From Operations as adjusted (FFOAA) to $355.2 million. The company collected over $120 million in deferred rent due to the pandemic and maintained a robust liquidity position with $107.9 million in cash. However, ongoing negotiations with Regal, who filed for bankruptcy, pose uncertainties for future revenues.

EPR Properties (NYSE:EPR) has elected John P. Case III to its Board of Trustees. With extensive experience in the real estate investment trust (REIT) sector, especially as former CEO of Realty Income Corporation, Mr. Case brings valuable financial expertise. His election comes as a result of Jack Newman’s upcoming retirement in line with the company's governance policies. Chairman Greg Silvers expressed enthusiasm about Mr. Case's appointment, emphasizing the strategic insights he will contribute to the company’s goals. EPR Properties focuses on diverse experiential properties and has total assets valued at approximately $5.8 billion.

EPR Properties (NYSE:EPR) has declared a monthly cash dividend of $0.275 per common share, payable on March 15, 2023, to shareholders of record as of February 28, 2023. This dividend reflects an annualized rate of $3.30 per share. EPR Properties is a leading diversified experiential net lease real estate investment trust (REIT), focusing on enduring experiential properties. The company holds total assets of approximately $5.8 billion, maintaining a competitive advantage through rigorous underwriting and investing criteria centered on cash flow standards.

EPR Properties (NYSE: EPR) will release its Q4 2022 financial results on February 22, 2023, at approximately 4:00 p.m. ET. A conference call will follow on February 23, 2023, at 8:30 a.m. ET to discuss the results. The call will be accessible via the Webcasts page on the company's investor website. EPR Properties specializes in diversified experiential net lease REIT properties, featuring total assets of approximately $5.8 billion across 44 states. The company emphasizes a focused investment strategy aimed at enhancing returns through rigorous cash flow standards.

Gravity Haus has partnered with EPR Properties to enhance its growth strategy in experiential real estate. EPR is providing approximately $64.5 million in debt refinancing for Gravity Haus' portfolio of six properties and will assist in future acquisitions. Gravity Haus, founded in 2019, operates a membership model that allows access to various amenities across locations in Colorado and California. The partnership aims to expand Gravity Haus into new adventure destinations, supported by a newly established platform fund to improve access to capital and capture growth opportunities. EPR recognizes Gravity Haus as a leader in experiential real estate.

Gravity Haus has entered a strategic partnership with EPR Properties, providing approximately $64.5 million in debt refinancing for its six-property portfolio. This relationship aims to finance future acquisitions and enhance Gravity Haus' growth in experiential hospitality. Founded in 2019, Gravity Haus operates innovative membership-based locations in key adventure destinations across Colorado and California, targeting a community of over 4,500 members. EPR, specializing in experiential real estate, is positioned to support Gravity Haus' expansion strategy.