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) is a specialty real estate investment trust (REIT) that focuses on investing in three primary segments: entertainment, recreation, and education. Unlike traditional REITs that are either highly diversified or highly specialized, EPR Properties maintains a unique approach by combining specialization within its chosen sectors with a level of diversification across these segments.
EPR Properties strategically invests in experiential properties in the United States and Canada. The company's experiential segment includes theaters, family entertainment centers, ski resorts, and other attractions, making up the majority of its revenue. In the education segment, EPR focuses on early childhood education centers and private school properties.
Led by an experienced management team, EPR Properties employs an independent assessment process to identify investment opportunities that might be overlooked by others. This strategy allows the company to distinguish between real and perceived risks, leveraging its deep understanding of segment drivers. EPR's knowledge-based approach, supported by thorough research, is a key strategic advantage.
Recent achievements include successful investments in high-quality locations and tenants with strong credit profiles. The company's projects are selected based on the value and opportunity within the respective industry and location quality. Current projects span various experiential and educational properties, reflecting EPR's commitment to growth and diversification.
Overall, EPR Properties stands out in the REIT market through its specialized yet diversified investment strategy, focusing on sectors with robust growth potential and stability.
EPR Properties (NYSE:EPR) reported strong first quarter results for 2023, with total revenue of $171.4 million, up from $157.5 million in 2022. Net income available to common shareholders increased to $51.6 million, or $0.69 per diluted share, a 44% rise year-over-year. Funds From Operations as Adjusted (FFOAA) also rose to $96 million with a per share increase to $1.26. The company collected $6.5 million in deferred rent during Q1 and has recovered $127 million of deferred rent since the pandemic. As of March 31, 2023, EPR maintained a strong liquidity position with $96.4 million in cash and no debt on its credit facility. However, ongoing uncertainties surround Regal's bankruptcy proceedings, impacting EPR’s ability to provide 2023 earnings guidance.
EPR Properties (NYSE:EPR) has declared a monthly cash dividend of $0.275 per common share, payable on May 15, 2023, to shareholders of record by April 28, 2023. This dividend translates to an annualized rate of $3.30 per share. The company, a leading diversified experiential net lease real estate investment trust (REIT), focuses on properties that enhance out-of-home leisure and recreational experiences. EPR Properties boasts total assets of approximately $5.8 billion, with key underwriting criteria ensuring stable returns. The company's rigorous investment strategies center on cash flow standards at the property and tenant levels, potentially providing a competitive advantage in the market.
EPR Properties will release its first quarter 2023 financial results on April 26, 2023, with a conference call scheduled for April 27, 2023. The financial results will be available after market close at approximately 4:00 p.m. ET on the release date. Investors can access the call via the webcast on the Company's website. EPR Properties is a diversified experiential net lease real estate investment trust (REIT) with total assets of approximately $5.8 billion, focusing on properties that facilitate leisure and recreation experiences. The company adheres to strict underwriting standards, believing this approach offers a competitive advantage and stable returns.
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
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.
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