Fintel reports that on December 18, 2023, JP Morgan upgraded their outlook for EPR Properties (NYSE:EPR) from Neutral to Overweight .
Analyst Price Forecast Suggests 2.62% Upside
As of December 17, 2023, the average one-year price target for EPR Properties is 48.60. The forecasts range from a low of 42.42 to a high of $53.55. The average price target represents an increase of 2.62% from its latest reported closing price of 47.36.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for EPR Properties is 566MM, a decrease of 19.77%. The projected annual non-GAAP EPS is 2.55.
EPR Properties Declares $0.28 Dividend
On November 15, 2023 the company declared a regular monthly dividend of $0.28 per share ($3.30 annualized). Shareholders of record as of November 30, 2023 received the payment on December 15, 2023. Previously, the company paid $0.28 per share.
At the current share price of $47.36 / share, the stock's dividend yield is 6.97%.
Looking back five years and taking a sample every week, the average dividend yield has been 7.22%, the lowest has been 5.67%, and the highest has been 26.39%. The standard deviation of yields is 2.59 (n=176).
The current dividend yield is 0.10 standard deviations below the historical average.
Additionally, the company's dividend payout ratio is 1.46. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
What is the Fund Sentiment?
There are 663 funds or institutions reporting positions in EPR Properties. This is an increase of 3 owner(s) or 0.45% in the last quarter. Average portfolio weight of all funds dedicated to EPR is 0.17%, an increase of 0.19%. Total shares owned by institutions increased in the last three months by 2.90% to 65,131K shares. 
The put/call ratio of EPR is 1.12, indicating a bearish outlook.
What are Other Shareholders Doing?
Invesco holds 5,259K shares representing 6.98% ownership of the company. In it's prior filing, the firm reported owning 5,489K shares, representing a decrease of 4.39%. The firm decreased its portfolio allocation in EPR by 91.81% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 3,173K shares representing 4.21% ownership of the company. In it's prior filing, the firm reported owning 3,297K shares, representing a decrease of 3.92%. The firm increased its portfolio allocation in EPR by 0.18% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 2,354K shares representing 3.13% ownership of the company. In it's prior filing, the firm reported owning 2,284K shares, representing an increase of 3.00%. The firm decreased its portfolio allocation in EPR by 10.33% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,354K shares representing 3.12% ownership of the company. In it's prior filing, the firm reported owning 2,352K shares, representing an increase of 0.09%. The firm decreased its portfolio allocation in EPR by 7.79% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 1,939K shares representing 2.57% ownership of the company. In it's prior filing, the firm reported owning 1,944K shares, representing a decrease of 0.26%. The firm decreased its portfolio allocation in EPR by 7.17% over the last quarter.
EPR Properties Background Information
(This description is provided by the company.)
EPR Properties is a leading experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. The company focuses on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. The company has nearly $6.5 billion in total investments across 44 states. EPR Properties adheres to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. The company believe its focused approach provides a competitive advantage and the potential for stable and attractive returns.
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