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) has priced a public offering of $400 million in 3.600% Senior Notes due 2031, with closing expected on October 27, 2021. The company plans to use proceeds primarily to redeem its 5.250% Senior Notes due 2023 and for general corporate purposes, including ongoing acquisition projects. The offering involves no initial guarantees from subsidiaries. Major firms like J.P. Morgan and Citigroup are managing the offering. The notes will be issued under a prospectus supplement filed with the SEC.
EPR Properties (NYSE:EPR) has declared a monthly cash dividend of $0.25 per common share, payable on November 15, 2021, to shareholders on record as of October 29, 2021. This dividend amounts to an annualized $3.00 per share. The company is a leader in diversified experiential net lease real estate investment, with nearly $6.5 billion in investments across 44 states, focusing on properties that enhance out-of-home leisure and recreational experiences.
EPR Properties (NYSE: EPR) has closed a new amended and restated $1.0 billion unsecured revolving credit facility, maturing on October 6, 2025. The facility replaces the previous $1.0 billion credit facility and $400 million term loan. The company reported Q3 cash collections at approximately $124.5 million, equating to 90% of contractual cash revenue, significantly exceeding expectations. Key metrics indicate a robust recovery in cash flows, with total cash received reaching $141.1 million, or 102% of contractual cash revenue. EPR Properties focuses on experiential properties across 44 states.
EPR Properties (NYSE:EPR) will release its third quarter 2021 financial results on November 3, 2021, after market close at 4:00 p.m. EST. A conference call to discuss these results is scheduled for November 4, 2021, at 8:30 a.m. EST. The call will be accessible via webcast on the company's Investor Center website. EPR Properties focuses on experiential properties, with nearly $6.5 billion in investments across the U.S., emphasizing a rigorous investment strategy aimed at achieving growth and yields.
EPR Properties (NYSE: EPR) has received an investment grade rating of 'BBB-' from S&P Global Ratings for its unsecured debt, complementing its existing 'Baa3' rating from Moody's. This upgrade reflects the strength of its experiential property portfolio and aims to facilitate access to capital at competitive rates. The affirmation from S&P and Moody's may allow the release of certain subsidiary guarantees under existing debt agreements, enhancing financial flexibility. EPR Properties, with nearly $6.5 billion in investments, focuses on experiential venues that drive consumer engagement.
EPR Properties has successfully repaid its
EPR Properties (NYSE:EPR) has declared a monthly cash dividend of $0.25 per common share, payable on October 15, 2021, to shareholders of record on September 30, 2021. This results in an annualized dividend of $3.00 per common share. In addition, the Board announced quarterly dividends for preferred shareholders, including $0.359375 for Series C and Series G shares, and $0.5625 for Series E, all payable on the same date to respective shareholders of record. EPR Properties specializes in experiential net lease properties with investments nearing $6.5 billion.
EPR Properties (NYSE:EPR) declared a monthly cash dividend of $0.25 per common share, payable on September 15, 2021, to shareholders of record on August 31, 2021. This amounts to an annualized dividend of $3.00 per common share. EPR Properties specializes in experiential net lease real estate, focusing on venues that facilitate leisure and recreation. With nearly $6.5 billion in total investments across 44 states, the company emphasizes strong underwriting and investing criteria to ensure stable returns.
EPR Properties (NYSE:EPR) reported significant recovery in Q2 2021, with total revenue rising to $125.4 million from $106.4 million in Q2 2020. Net income available to common shareholders reached $12.5 million, a turnaround from a loss of $69 million a year prior. The company reinstated a monthly cash dividend of $0.25 per share, effective August 16, 2021. Cash collections improved to approximately 85% of contractual revenue, and 99% of theaters and 100% of non-theater locations were operational by late July 2021. EPR maintains a strong liquidity position with $509.8 million in cash, free of borrowings on its credit facility.
EPR Properties (NYSE: EPR) announced it is resuming a monthly cash dividend of $0.25 per common share after terminating the covenant relief period early under its credit facilities. This dividend is payable on August 16, 2021, to shareholders of record on July 30, 2021, resulting in an annualized dividend of $3.00 per share. The company reported strong progress in property openings, with 99% of theatres and 98% of non-theatre locations operational, achieving 82% cash collection of contractual revenue for Q2 2021, surpassing previous guidance.
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