EPR Properties Q4 revenue rises, dividend up 5.1%

EPR Properties

25/02/2026 21:58

Overview

Experiential property REIT's Q4 revenue grew 3.2% yr/yr

Company announced 5.1% increase in monthly dividend

Company introduces 2026 guidance with projected growth in FFOAA per share

Outlook

EPR Properties introduces 2026 FFOAA guidance of $5.28 to $5.48 per share

Company expects 2026 investment spending of $400 mln to $500 mln

EPR Properties plans 5.1% increase in monthly dividend for 2026

Result Drivers

INVESTMENT SPENDING - EPR Properties invested $147.7 mln in Q4, focusing on experiential and golf course properties, contributing to revenue growth

CAPITAL RECYCLING - Co sold theatre properties and land parcels for $34.5 mln, recognizing a net gain of $5.3 mln, enhancing liquidity

STRONG LIQUIDITY - Issued $550 mln in senior unsecured notes, maintaining a robust balance sheet with no debt maturities until August 2026

Company press release: ID:nBw4fw0xKa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$182.95 mln
Q4 Net Income
$60.86 mln
Q4 Adjusted FFO Per Share
$1.30
Q4 Operating Income
$103.83 mln
Q4 Pretax Profit
$67.86 mln
Q4 Property Operating Expenses
$14.86 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the diversified reits peer group is "buy."

Wall Street's median 12-month price target for EPR Properties is $58.00, about 1.4% below its February 24 closing price of $58.80

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)