EPR Properties (EPR) AI Stock Analysis

• Market Cap: $3.80B
• Dividend Yield: 6.48%
• Average Volume (3M): 779.24K
• Price to Earnings (P/E): 31.1
• Beta (1Y): 0.67
• Revenue Growth: 0.69%
• EPS Growth: -19.22%
• Country: US
• Employees: 55
• Sector: Real Estate
• Sector Strength: 81
• Industry: REIT - Specialty
• EPS (TTM): 0.78
• Shares Outstanding: 76,064,575
• 10 Day Avg. Volume: 504,592
• 30 Day Avg. Volume: 779,241
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.68
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 11.00
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $53.75
• Price Target Upside: 1.59% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

EPR Properties demonstrates strong financial stability, effective cost management, and a positive technical outlook. The company's high P/E ratio is balanced by an attractive dividend yield. Positive sentiment from earnings calls and supportive corporate actions further enhance the stock's prospects, despite some profitability and sector-specific challenges.

Positive Factors

Asset Management

EPR Properties has effectively improved its theater asset quality by selling vacant and underperforming assets.

Financial Performance

EPR's financial performance was slightly better than expected with improved funds from operations guidance and higher percentage rents.

Negative Factors

Rent Coverage

For the second consecutive quarter, the company’s rent coverage metrics declined, from 2.2x in mid-2024 to 2.0x at year-end.

Revenue Concerns

The box office sales for the first quarter reported a 12% year-over-year decline, impacting expectations.

EPR Properties Business Overview & Revenue Model

Company Description

EPR Properties (EPR) is a real estate investment trust (REIT) that specializes in owning, leasing, and financing properties in key sectors of the entertainment, recreation, and education industries. The company's portfolio includes multiplex theaters, entertainment retail centers, ski areas, public charter schools, and experiential lodging properties. EPR Properties focuses on properties that offer unique experiences and cater to consumer preferences for leisure and entertainment activities.

How the Company Makes Money

EPR Properties generates revenue primarily through leasing its properties to tenants under long-term, triple-net lease agreements. This revenue model ensures a stable and predictable income stream, as tenants are responsible for paying property taxes, insurance, and maintenance costs in addition to rent. The company's key revenue streams include lease payments from its diversified portfolio of entertainment, recreation, and education properties. Additionally, EPR Properties may engage in financing and development activities to expand its portfolio and enhance its earnings potential. Strategic partnerships with major operators in its target sectors and a focus on high-demand experiential properties further contribute to its financial success.

EPR Properties Financial Statement Overview

Summary

EPR Properties demonstrates strong financial performance with a consistent revenue growth trend and efficient cost management. While the company shows significant improvements in its capital structure, particularly with the reduction of debt, profitability pressures are evident in reduced net margins and ROE. Cash flow management is effective, but declining free cash flow growth warrants attention. Overall, EPR Properties remains financially stable with a positive outlook.

Income Statement

EPR Properties shows a stable revenue growth trajectory with a 5.82% increase in revenue from 2023 to TTM 2024. The gross profit margin remains strong at approximately 81.92% in TTM. However, net profit margin declined to 20.92% compared to 26.23% in 2023, indicating some profitability pressure. The EBIT and EBITDA margins also show solid performance, reflecting efficient operational management.

Balance Sheet

The balance sheet of EPR Properties exhibits strong financial health with total debt reduced to zero in TTM, improving the debt-to-equity ratio significantly. The equity ratio of 41.36% indicates a solid capital structure, enhancing financial stability. The return on equity is healthy at 6.29% in TTM, though slightly lower than 7.05% in 2023, reflecting some pressure on returns.

Cash Flow

EPR's cash flow position is robust with a substantial operating cash flow of $300.2 million in TTM, though it has decreased from $447.1 million in 2023. The free cash flow remained positive but showed a decline compared to the previous year. The company's ability to maintain positive free cash flow is commendable, though the free cash flow growth rate is negative, indicating room for improvement.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
641.00M	659.72M	658.03M	531.68M	414.66M
	Gross Profit
581.85M	602.24M	602.05M	474.94M	356.07M
	EBIT
315.67M	306.40M	310.96M	236.53M	89.79M
	EBITDA
444.04M	467.66M	504.17M	404.56M	260.13M
	Net Income Common Stockholders
146.07M	173.05M	176.23M	98.61M	-131.73M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
22.06M	78.08M	107.93M	288.82M	1.03B
	Total Assets
5.62B	5.70B	5.76B	5.80B	6.70B
	Total Debt
3.07B	3.04B	3.05B	3.02B	3.90B
	Net Debt
3.05B	2.96B	2.94B	2.73B	2.87B
	Total Liabilities
3.29B	3.25B	3.22B	3.18B	4.07B
	Stockholders Equity
2.32B	2.45B	2.54B	2.62B	2.63B
Cash Flow		Free Cash Flow
393.14M	447.09M	428.30M	193.73M	-67.90M
	Operating Cash Flow
393.14M	447.09M	441.72M	306.93M	65.27M
	Investing Cash Flow
-176.35M	-201.05M	-351.58M	1.86M	133.99M
	Financing Cash Flow
-261.62M	-275.69M	-269.39M	-1.05B	297.17M

EPR Properties Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 52.91
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EPR, the sentiment is Positive. The current price of 52.91 is above the 20-day moving average (MA) of 49.40, above the 50-day MA of 50.02, and above the 200-day MA of 46.07, indicating a bullish trend. The MACD of 0.64 indicates Negative momentum. The RSI at 70.07 is Negative, neither overbought nor oversold. The STOCH value of 85.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EPR.

EPR Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPR	78 Outperform	$3.80B	31.12	6.25%	6.48%	0.69%	-19.22%
LAMR	72 Outperform	$11.90B	32.97	38.18%	4.92%	3.58%	-15.47%
GLPI	70 Outperform	$12.79B	16.41	18.57%	6.48%	6.14%	4.09%
CXW	66 Neutral	$2.52B	37.18	5.79%	―	0.53%	34.20%
OUT	64 Neutral	$2.60B	10.10	39.80%	6.10%	-1.10%	―
PCH	62 Neutral	$2.92B	63.80	2.31%	4.71%	10.86%	6.72%
Sector *	60 Neutral	$2.81B	11.04	0.20%	8508.34%	6.12%	-16.66%

EPR Properties Corporate Events

EPR Properties Reports Q1 2025 Revenue and Income Growth

EPR Properties reported its first-quarter 2025 results, showing a 4.7% increase in total revenue and a 5.5% rise in net income available to common shareholders compared to the same period in 2024. The company has increased its earnings guidance for 2025 and confirmed its investment spending guidance. EPR Properties is actively recycling capital by reducing its theatre and education investments, generating $78.9 million in disposition proceeds, and is focusing on experiential development projects. The company maintains a strong liquidity position with $20.6 million in cash and has fully repaid $300 million in senior unsecured notes. The company is optimistic about its growth opportunities, driven by consumer demand for value-oriented experiences.

Spark’s Take on EPR Stock

According to Spark, TipRanks’ AI Analyst, EPR is a Outperform.

EPR Properties presents a solid investment opportunity with strong financial health and revenue growth. The technical indicators suggest a positive trend, and the valuation, while high, is offset by a strong dividend yield. Positive earnings call sentiment and supportive corporate events further bolster its outlook, despite some profitability and operational challenges.

To see Spark’s full report on EPR stock, click here.

EPR Properties Shareholders Approve Equity Plan Amendments

During the 2025 Annual Meeting of Shareholders on May 6, 2025, EPR Properties‘ shareholders approved amendments to the 2016 Equity Incentive Plan, increasing authorized shares from 3,950,000 to 5,950,000 and extending the plan’s term to May 6, 2035. Additionally, shareholders elected trustees for one-year terms, approved executive compensation, and ratified KPMG LLP as the independent accounting firm for 2025, indicating strong support for the company’s strategic and operational decisions.

Spark’s Take on EPR Stock

According to Spark, TipRanks’ AI Analyst, EPR is a Outperform.

EPR Properties shows solid financial performance marked by revenue growth and effective cost management, though profitability pressures and declining free cash flow growth are concerns. The stock’s technical indicators suggest a long-term positive trend, albeit with short-term weaknesses. While the valuation indicates a high P/E ratio, a significant dividend yield offers attractive income potential. Positive earnings call sentiment and strategic board additions further support the stock’s prospects.

To see Spark’s full report on EPR stock, click here.

EPR Properties Reports 2024 Financial Results and Dividend Increase

EPR Properties reported its fourth quarter and full-year 2024 financial results, highlighting a total revenue of $698.1 million for the year, despite a net loss of $14.4 million in the fourth quarter. The company announced a 3.5% increase in its monthly dividend and introduced 2025 earnings and investment spending guidance, projecting FFOAA per diluted share to rise by 3.5% at the midpoint. The company executed $49.3 million in investment spending in Q4 2024, with a focus on experiential development, and committed $150 million for future projects. EPR Properties also continued its strategy of reducing theatre and education investments, reallocating proceeds into experiential assets, and finalized its exit from an underperforming RV property investment.