EPR Properties nabízí nejvyšší dividendový výnos vyplácený měsíčně, 6,65 %, a zároveň má mezi uvedenými REIT nejnižší výplatní poměr AFFO, který ve druhém čtvrtletí činil 65 %.
Monthly bills arrive on a schedule that quarterly dividends cannot match, but five stocks pay 12 times a year with yields climbing as high as 6.65%. Two of them carry risks that could quietly shrink your paycheck before you notice.
When you stop accumulating and start drawing income, timing matters as much as yield, since the mortgage, utilities and insurance premiums come due every month, but most dividends land once a quarter. A monthly payer closes that gap and turns a portfolio into something closer to a paycheck. All five names below pay 12 times a year, and the highest live yield in the group reaches 6.65%. They fall into two camps with very different risks.
Three are real estate investment trusts (REITs) that own property and are measured on adjusted funds from operations (AFFO). Two are business development companies (BDCs) that lend to and invest in private businesses and are measured on net investment income (NII). For each one, the question is the same: how much of its own cash flow does it hand over?
Realty Income Built Its Brand on the Monthly Check
Realty Income (NYSE:O) calls itself “The Monthly Dividend Company,” and the record supports the name. The company had declared 670 consecutive monthly dividends as of the first quarter and has kept the run going since. Shareholders currently receive $0.2715 per share each month, or $3.258 annualized. At a live price of $56.47, that works out to a high-yield 5.77%.
Dividend safety: Realty Income is a REIT, so AFFO is the right measure. Second-quarter AFFO came in at $1.09 per share, and the payout ratio was 74.5%. Full-year AFFO guidance was raised to $4.44 to $4.45 per share. Fitch rates the company “A”, occupancy stands at 98.8%, and pro rata liquidity was about $3.5 billion at quarter end.
Bull case: Scale keeps the monthly check growing. Full-year investment guidance rose to $10 billion, and the quarter’s deals carried a blended yield of 7.4%. The finance chief summed up the position. Simply: “We continue to operate from a position of significant liquidity, conservative leverage, and broad access to multiple capital channels.”
Risk: Leverage is creeping up. Net debt to EBITDAre reached 5.4x from 5.2x the prior quarter, in a portfolio where 65.7% of rent comes from non-investment-grade tenants.
Agree Realty Pairs a Lower Payout With a Fortress Tenant Roster
Agree Realty (NYSE:ADC) has paid monthly since 2021. The current rate is $0.267 per share, or $3.204 annualized, a 4.3% raise from a year earlier. At a live $67.615, the yield is 4.74%, the lowest in this group. You give up some current income in exchange for the strongest coverage profile among the REITs.
Dividend safety: Agree Realty pays out near 70% of AFFO. Second-quarter AFFO rose 7.4% to $1.14 per share, and full-year guidance moved up to $4.57 to $4.59. Management expects free cash flow after the dividend to exceed $140 million this year. Net debt to recurring EBITDA is 3.7x pro forma for forward equity, and liquidity is about $1.9 billion. There are no material debt due dates until 2028.
Bull case: The portfolio reached a company-record 99.8% occupancy across 2,825 properties, with investment-grade exposure at nearly two-thirds of the portfolio. Credit and occupancy loss was just 10 basis points year to date. Management put it directly: “Our consistent and reliable earnings growth continues to support a growing and well-covered dividend.”
Risk: Interest costs are rising. Interest expense rose to $40.3 million from $32.3 million a year ago. And $497 million of floating-rate commercial paper leaves earnings exposed if rates rise again.
EPR Properties Offers the Group’s Best AFFO Coverage
EPR Properties (NYSE:EPR) owns experiential real estate: theme parks, golf venues, theaters and fitness properties. It pays $0.31 per share monthly, or $3.72 annualized, after a 5.1% raise. At a live $55.91, the ultra-high-yield payout comes to 6.65%.
Dividend safety: The second-quarter AFFO payout ratio was 65%, the lowest among these three REITs. AFFO per share rose 15.3% to $1.43, and full-year FFO as adjusted guidance increased to $5.41 to $5.57. Tenants cover rent two times at the unit level, and fixed-charge coverage is 3.4 times. $3 billion of its $3.3 billion of debt is fixed or swapped. A new $1.6 billion credit agreement addresses due dates later this year.
Bull case: EPR is reducing its theater exposure to roughly a third of the portfolio and redeploying into former Six Flags parks and a Netflix House, with Netflix described as an A-rated credit. Investment guidance rose to $600 million to $700 million, and second-quarter deals carried initial cash yields of about 8.5%. Management stated: “Our common dividend continues to be very well covered with an AFFO payout ratio of 65% for the second quarter.”
Risk: Tenant concentration is high. Topgolf and AMC each produced 13.1% of second-quarter revenue, and the top 10 customers made up 63.7%. A stumble at either major tenant would hit the rent roll hard.
Main Street Capital Pays a Regular Check Plus a Bonus You Cannot Count On
Main Street Capital (NYSE:MAIN | MAIN Price Prediction) is a BDC. It owns loans and equity stakes in private lower middle market companies, so its income rises and falls with borrower health and interest rates. Coverage is measured on distributable NII.
The regular monthly dividend is $0.265, or $3.18 annualized. At a live $54.8336, the regular yield is 5.80%. On top of that, Main Street Capital has paid a $0.30 supplemental dividend for 20 straight quarters, totaling $1.20 per share over the trailing 12 months. Including those supplementals, the trailing yield is 7.99%. Treat that higher figure as upside only. Management calls supplementals discretionary and ties them to excess NII, realized gains and stable net asset value (NAV).
Dividend safety: Second-quarter distributable NII was $1.04 per share against $0.795 in regular dividends, a 76% payout. NAV rose to $33.92, non-accruals are just 1.1% of investments, and debt to equity is 0.69 times, below management’s long-term target. The regular monthly dividend has been raised 12 times since the fourth quarter of 2021.
Bull case: Internal management keeps the operating expense ratio at 1.3%, and equity exits keep producing gains, including more than $46 million from Centre Technologies. Annualized return on equity was 18.9%.
Risk: Falling rates will pressure income. Management guided third-quarter NII before taxes to at least 97 cents per share, below the second quarter’s $1.08. And floating-rate loans earn less as benchmark rates fall. That would most likely show up first as smaller supplementals.
Gladstone Investment Has the Thinnest Cushion in the Group
Gladstone Investment (NASDAQ:GAIN) is the second BDC here. It focuses on lower middle market buyouts, matching loans with equity co-investments. It pays $0.08 per share monthly, or $0.96 annualized. At a live $15.43, that is an ultra-high-yield 6.22%.
Dividend safety: Coverage improved, but you need both quarters to see the full picture. In the quarter ended June 30, adjusted NII of $0.26 per share covered $0.24 of distributions, or 108% coverage. In the prior quarter, coverage was only 83%, meaning NII fell short of the payout. The credit facility expanded to $405 million with due dates pushed to June 2031, and interest-bearing investments yield a weighted 12.9%.
Bull case: Gladstone’s model pays supplemental distributions when equity exits generate realized gains, with a significant capital gain anticipated from the sale of its SFEG Holdings subsidiary. The stock trades at 0.962 times book value, slightly below NAV.
Risk: NAV is declining. It fell 3.2% to $16.24 from $16.78, driven by $18.78 million of unrealized depreciation and a $9.0 million realized loss on the Home Concepts restructuring. If another quarter slips back below full coverage, the regular distribution comes under pressure.
Matching Monthly Income to Monthly Bills
EPR Properties has the strongest coverage in this group, with a 65% AFFO payout behind its ultra-high yield. Agree Realty and Realty Income follow closely and add the steadiest property portfolios. Main Street Capital covers its regular dividend well, but its supplementals work best as a bonus on top of a retirement budget. Gladstone Investment is the thinnest.
It went from 83% coverage to 108% in a single quarter, so the next few reports will show whether that improvement holds. Want more names that pay on this schedule? We rounded up seven of our favorite monthly payers in a free report here.
Contact [email protected] for any questions or corrections.
EPR Properties vyplácí roční dividendu ve výši 3,72 USD na akcii s výnosem kolem 6,6 %; investice 15 182 USD do 269 akcií by přinesla roční dividendy ve výši 1 001 USD.
EPR Properties (EPR -0.58%) is a company focused on properties designed for experiential and educational purposes. One of the benefits of owning its stock has been its dividend, which has increased for four consecutive years.
EPR is a real estate investment trust (REIT), which means it must pay out at least 90% of its taxable net income as dividends to retain that status. That makes it highly likely that payouts will continue. As the dividend has become more generous, it might surprise investors how little it takes to generate more than $1,000 in annual dividends in this stock.
EPR and its dividend returns Working with whole shares, 269 shares purchased for $15,182 will generate $1,001 in annual dividends.
This amounts to an annual dividend of $3.72 per share with a yield of about 6.6%. That is far above the S&P 500 average of 1.1%. Moreover, it is one of the few stocks paying monthly dividends, which might make it especially appealing to income investors.
Image source: Getty Images.
EPR's business That payout brings investors security, though the business revolves heavily around fun. Its experiential properties are designed for recreational purposes.
This can include theaters operated by theater chain AMC, or Topgolf locations. EPR even owns some well-known venues, such as City Museum in St. Louis and the Titanic Museum, attractions like the one in Pigeon Forge, Tennessee. In April, it purchased seven of the parks previously owned by Six Flags Entertainment.
Additionally, the REIT maintains a portfolio of private schools and early childhood education centers. However, the focus more recently has been on the experiential properties.
Indeed, one also cannot discuss experiential properties without discussing COVID-19. Not surprisingly, the pandemic forced EPR tenants to shut down nearly all of their properties in early 2020.
Even though 93% of its non-theater properties and 63% of its theaters reopened by November of that year, rental revenue did not rebound until well into 2021. It also had to suspend its dividend between May 2020 and August 2021. That interruption is why the company's streak of raising dividends is only four years old.
Today, the more recent concern has been the rise in interest rates. This is critical for most REITs, as rising interest costs could reduce profits or make some business deals uneconomical.
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EPR Properties by the numbers EPR remains on track to foster growth despite the rising rates. In the first six months of 2026, it reported revenue of more than $377 million, a 7% increase compared with the same year-ago period.
Its net income during the first two quarters of 2026 was $117 million. That fell from $129 million one year ago, but only because of a $26 million gain on its real estate transactions in 2025.
For REITs, funds from operations (FFO) is the most meaningful metric for income investors. During the trailing 12 months, EPR neared $5.23 per share in FFO income. Since that is more than the $3.72-per-share annual dividend cost, the company can afford to maintain and increase the dividend, with capital available for other purposes.
Moreover, its price-to-earnings (P/E) ratio stands at just 18. This is near post-pandemic lows and offers investors a chance to buy this lucrative income stream cheaply, bolstering the investment case for EPR Properties stock.
Moving forward with EPR Properties stock The ability to buy an annual income stream of just over $1,000 for just over $15,182 makes EPR an attractive choice.
Indeed, as a monthly dividend stock yielding more than 6%, this stock is probably best suited for income investors. Also, rising interest rates and the legacy of the pandemic may discourage some investors.
Nonetheless, it offers its shareholders a huge, sustainable return, reestablishing a history of payout growth. Additionally, customers will probably keep visiting its experiential and educational properties, making it likely that the steady payout and stock price growth will continue.
EPR Properties (NYSE:EPR – Get Free Report) declared a monthly dividend on Tuesday, September 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.31 per share by the real estate investment trust on Thursday, October 15th. This represents a $3.72 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, September 30th.
EPR Properties has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. EPR Properties has a payout ratio of 126.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect EPR Properties to earn $5.52 per share next year, which means the company should continue to be able to cover its $3.72 annual dividend with an expected future payout ratio of 67.4%.
EPR Properties Price Performance Shares of NYSE EPR opened at $56.87 on Monday. The firm has a market cap of $4.36 billion, a P/E ratio of 18.29, a PEG ratio of 2.17 and a beta of 1.01. EPR Properties has a twelve month low of $48.10 and a twelve month high of $64.97. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. The company has a 50 day moving average of $60.29 and a 200 day moving average of $57.88.
EPR Properties (NYSE:EPR – Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, beating the consensus estimate of $0.74 by $0.05. The business had revenue of $196.08 million for the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The company’s revenue was up 30.4% compared to the same quarter last year. During the same period last year, the business posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, research analysts expect that EPR Properties will post 5.37 EPS for the current fiscal year. About EPR Properties (Get Free Report)
EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential real estate. The company owns and leases properties designed for entertainment, recreation and leisure activities, including multiplex cinemas, eat-and-play venues, cultural attractions, amusement and water parks, ski resorts, and other destination-based properties.
EPR generally leases its properties to operators under long-term agreements, allowing tenants to manage the underlying businesses while EPR focuses on property ownership, investment and portfolio management.
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Corient Private Wealth LP ve 2. čtvrtletí navýšila podíl v EPR Properties o 158,7 % na 160 736 akcií v hodnotě 9,325 milionu USD. Zároveň společnost oznámila měsíční dividendu 0,31 USD na akcii, která bude vyplacena 15. října.
Corient Private Wealth LP increased its holdings in shares of EPR Properties (NYSE:EPR – Free Report) by 158.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 160,736 shares of the real estate investment trust’s stock after buying an additional 98,602 shares during the quarter. Corient Private Wealth LP owned about 0.21% of EPR Properties worth $9,325,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in EPR. Norges Bank acquired a new stake in EPR Properties in the 4th quarter valued at $82,823,000. Bank of New York Mellon Corp acquired a new stake in shares of EPR Properties in the second quarter valued at about $63,487,000. Wasatch Advisors LP purchased a new stake in shares of EPR Properties during the 1st quarter valued at about $48,633,000. Quantinno Capital Management LP raised its holdings in shares of EPR Properties by 20.9% during the 1st quarter. Quantinno Capital Management LP now owns 1,572,738 shares of the real estate investment trust’s stock valued at $78,574,000 after buying an additional 272,335 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in EPR Properties during the 1st quarter worth approximately $8,303,000. 74.66% of the stock is owned by institutional investors and hedge funds.
Insider Activity In related news, SVP Elizabeth Grace sold 4,200 shares of EPR Properties stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $60.57, for a total value of $254,394.00. Following the transaction, the senior vice president owned 22,427 shares of the company’s stock, valued at approximately $1,358,403.39. This trade represents a 15.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Johnson sold 2,000 shares of EPR Properties stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total transaction of $116,220.00. Following the transaction, the senior vice president owned 14,213 shares in the company, valued at approximately $825,917.43. The trade was a 12.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,892 shares of company stock worth $844,113 over the last three months. Corporate insiders own 0.03% of the company’s stock.
EPR Properties Stock Performance Shares of EPR Properties stock opened at $57.05 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 9.51 and a current ratio of 9.51. EPR Properties has a 1 year low of $48.10 and a 1 year high of $64.97. The firm’s 50-day simple moving average is $60.76 and its 200-day simple moving average is $57.96. The firm has a market cap of $4.37 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 2.24 and a beta of 1.01. EPR Properties (NYSE:EPR – Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.05. The company had revenue of $196.08 million for the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.EPR Properties’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. Equities analysts forecast that EPR Properties will post 5.37 earnings per share for the current fiscal year.
EPR Properties Announces Dividend The business also recently declared a monthly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.31 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Wednesday, September 30th. EPR Properties’s dividend payout ratio is currently 119.61%.
Analysts Set New Price Targets EPR has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of EPR Properties from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Wednesday, September 9th. Stifel Nicolaus upped their target price on shares of EPR Properties from $66.00 to $70.50 and gave the company a “buy” rating in a research note on Thursday, July 30th. Citizens Jmp reaffirmed a “market outperform” rating and set a $70.00 price target on shares of EPR Properties in a report on Thursday, July 2nd. Royal Bank Of Canada lifted their price target on shares of EPR Properties from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Finally, KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 price objective on the stock in a report on Wednesday, August 19th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $66.15.
View Our Latest Stock Report on EPR
EPR Properties Profile (Free Report)
EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential real estate. The company owns and leases properties designed for entertainment, recreation and leisure activities, including multiplex cinemas, eat-and-play venues, cultural attractions, amusement and water parks, ski resorts, and other destination-based properties.
EPR generally leases its properties to operators under long-term agreements, allowing tenants to manage the underlying businesses while EPR focuses on property ownership, investment and portfolio management.
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STAG Industrial změnil výplatu dividendy z měsíční na čtvrtletní, což je zásadní pro investory hledající pravidelný měsíční příjem. Ostatní čtyři REITy na seznamu dál vyplácejí měsíčně.
Most dividend stocks pay quarterly while your bills arrive monthly, and that mismatch quietly erodes retirement budgets. Five REITs are bridging that gap, but one popular name on this list recently changed its payment schedule in a way most investors…
Retirement income planning has a rhythm problem. Bills arrive monthly, but most dividend stocks pay quarterly, forcing retirees to manage lumpy cash flow across a smooth budget. Monthly-pay real estate investment trusts (REITs) solve that mismatch, and with 51% of adults now saying it's somewhat or very likely they'll outlive their savings, the reliability of the paycheck matters as much as the size.
Here are five REITs on the September 2026 watchlist for investors focused on dependable retirement cash flow. Four currently distribute monthly; one has recently shifted its payment cadence, and we flag it directly. (If a paycheck-style schedule is the whole point, we rounded up seven more monthly payers in a free report you can grab here.)
Realty Income (O): The Anchor of Monthly Income Realty Income (NYSE:O | O Price Prediction) is the net lease REIT that trademarked the phrase "The Monthly Dividend Company" and has delivered on that name across 331 dividend records stretching back decades. The latest declared monthly dividend is $0.271 per share, paid August 14, 2026, with an annualized forward payout of $3.252. Shares closed at $62.26 on August 26, 2026, and management is running a 4.89% dividend yield.
The Q2 2026 report on August 5, 2026 gave the coverage picture retirees care about: AFFO per share of $1.09, up 3.8%, portfolio occupancy at 98.8%, and full-year AFFO guidance raised to $4.44 to $4.45. CEO Sumit Roy pointed to "significant liquidity, conservative leverage, and broad access to multiple capital channels."
Risk to monitor: Net debt to annualized pro forma adjusted EBITDA sits at 5.4 times, and the credit watch list remains in the high 5% area. GAAP EPS also came in below estimates for the quarter.
Agree Realty (ADC): Investment-Grade Tenants, Rising Payout Agree Realty (NYSE:ADC) is a net lease REIT built around highly rated retail credits. The current monthly cash dividend is $0.267 per share, with the latest payment on August 14, 2026. Management called that out on the earnings call as a 4.3% year-over-year increase, backed by a 70% AFFO payout ratio.
Q2 2026 AFFO per share grew to $1.14, a 7.4% year-over-year increase. Portfolio occupancy hit a company record of 99.8% across 2,825 properties, and full-year AFFO guidance was raised to $4.57 to $4.59. Shares last traded at $73.67.
Risk to monitor: ADC missed the Street EPS estimate as equity issuance funds an aggressive acquisition program, and interest expense continues to climb. Net debt to recurring EBITDA sits at 5.2 times excluding unsettled forward equity.
EPR Properties (EPR): Experiential Cash Flow With 65% Coverage EPR Properties (NYSE:EPR) is the experiential REIT owning theaters, attractions, eat-and-play concepts, and now Netflix Houses. The monthly dividend is $0.31 per share, paid August 17, 2026, with an annualized forward of $3.72.
Q2 AFFO per share hit $1.43, a 15.3% year-over-year increase, and FFO as adjusted reached $1.42, up 12.7%. Management said the common dividend remained well covered, with a Q2 AFFO payout ratio of 65%. The portfolio was 99% leased or operated, unit-level rent coverage held at two times, and 2026 FFO guidance was raised to $5.41 to $5.57. Shares last traded at $60.00, up 24.88% year-to-date.
Risk to monitor: Tenant concentration remains real. Topgolf and AMC each represented 13.1% of Q2 revenue, with the top 10 clients at 63.7%.
LTC Properties (LTC): A Healthcare Transformation in Motion LTC Properties (NYSE:LTC) is a healthcare REIT pivoting from triple-net leases into a SHOP-focused operating model. Q2 2026 Core FFO was $0.68 per share, with 2026 Core FFO guidance of $2.76 to $2.78. Co-CEO Pam Kessler said SHOP will reach 50% of annualized NOI by year-end and about 75% by the end of 2028. Shares closed at $40.53, up 22.65% year-to-date.
Balance sheet cushion looks strong. Debt to annualized adjusted EBITDA for real estate is 4.2 times, and fixed-charge coverage stands at 4.9 times.
Risk to monitor: Investors should verify the current declared dividend directly with the company or their broker. Execution risk on the SHOP pivot, operator concentration, and remaining skilled nursing exposure of roughly 33% keep this one in the higher-variance bucket.
STAG Industrial (STAG): Industrial Anchor With a Payment Schedule Caveat STAG Industrial (NYSE:STAG) is a single-tenant industrial REIT. It historically paid monthly, and readers should note the schedule change: STAG’s current stated frequency is now quarterly, at $0.3875 per share, next payable October 15, 2026, with an annualized forward of $1.55. If a strictly monthly cadence is a requirement, that fact matters.
What earns STAG a spot on the retirement-income list anyway: Q2 2026 Core FFO of $0.65 per share, up 3.2%, cash leasing spreads of 19.8%, net debt to annualized adjusted EBITDA of 5.2 times, and full-year Core FFO guidance raised to $2.61 to $2.65. Management said "Vacancy has peaked both nationally and within Stagg’s portfolio." Shares last traded at $37.18.
Risk to monitor: Beyond the shift away from monthly payments, near-term acquisition cadence remains sensitive to interest-rate volatility.
Four of these five names still deposit cash into brokerage accounts every month, and each one just raised guidance or expanded its growth platform through Q2. That combination, growing AFFO plus reaffirmed distributions, is what keeps monthly-pay REITs central to retirement cash-flow research heading into September.
Contact [email protected] for any questions or corrections.
First Trust Advisors LP cut its position in EPR Properties (NYSE:EPR – Free Report) by 28.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,451 shares of the real estate investment trust’s stock after selling 33,929 shares during the quarter. First Trust Advisors LP owned 0.11% of EPR Properties worth $4,369,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EPR. Norges Bank purchased a new position in EPR Properties in the 4th quarter valued at about $82,823,000. Wasatch Advisors LP acquired a new position in shares of EPR Properties in the first quarter worth about $48,633,000. Northern Trust Corp boosted its holdings in EPR Properties by 84.8% in the third quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock valued at $90,746,000 after purchasing an additional 717,734 shares during the last quarter. Freestone Grove Partners LP acquired a new stake in EPR Properties during the 4th quarter valued at approximately $30,055,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in EPR Properties during the 3rd quarter valued at approximately $27,895,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.
EPR Properties Trading Up 0.1% NYSE:EPR opened at $61.25 on Wednesday. The company has a market cap of $4.69 billion, a PE ratio of 19.69, a P/E/G ratio of 2.46 and a beta of 1.02. The business’s 50 day moving average is $59.63 and its two-hundred day moving average is $57.10. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. EPR Properties has a 52 week low of $48.10 and a 52 week high of $64.97.
EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The business had revenue of $196.08 million during the quarter, compared to the consensus estimate of $158.13 million. During the same period in the previous year, the business earned $1.26 EPS. The business’s quarterly revenue was up 30.4% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, analysts predict that EPR Properties will post 5.34 EPS for the current year.
EPR Properties Dividend Announcement The firm also recently announced a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be issued a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, July 31st. EPR Properties’s dividend payout ratio is 119.61%.
Wall Street Analyst Weigh In A number of equities analysts have issued reports on the company. Citizens Jmp reaffirmed a “market outperform” rating and issued a $70.00 target price on shares of EPR Properties in a research report on Thursday, July 2nd. Royal Bank Of Canada raised their price target on shares of EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 26th. Morgan Stanley upgraded shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a research note on Friday, June 12th. Citigroup reaffirmed a “market outperform” rating on shares of EPR Properties in a report on Thursday, July 2nd. Finally, UBS Group set a $70.00 price objective on shares of EPR Properties in a research note on Thursday, July 2nd. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, EPR Properties presently has an average rating of “Moderate Buy” and a consensus price target of $64.06.
Get Our Latest Analysis on EPR Properties
Insiders Place Their Bets In related news, SVP Gwendolyn Mary Johnson sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $60.00, for a total transaction of $60,000.00. Following the completion of the sale, the senior vice president owned 13,213 shares of the company’s stock, valued at $792,780. This represents a 7.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $61.79, for a total transaction of $413,498.68. Following the sale, the chief accounting officer owned 49,167 shares in the company, valued at approximately $3,038,028.93. This trade represents a 11.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 9,692 shares of company stock worth $589,719 over the last three months. 0.03% of the stock is owned by corporate insiders.
About EPR Properties (Free Report)
EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.
The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.
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EPR Properties oznámila konferenční hovor k výsledkům za 2. čtvrtletí 2026. V úvodu zaznělo upozornění na výhledová prohlášení a použití ne-GAAP ukazatelů.
EPR Properties (EPR) Q2 2026 Earnings Call July 30, 2026 8:30 AM EDT
Company Participants
Brian Moriarty - Senior Vice President of Corporate Communications
Gregory Silvers - President, CEO & Board Chair
Benjamin Fox - Chief Investment Officer & Executive VP
Mark Peterson - Executive VP, CFO & Treasurer
Conference Call Participants
Jana Galan - BofA Securities, Research Division
John Kilichowski
Rob Stevenson
Nicholas Joseph - Citigroup Inc., Research Division
Michael Carroll - RBC Capital Markets, Research Division
Spenser Allaway - Green Street Advisors, LLC, Research Division
Upal Rana - KeyBanc Capital Markets Inc., Research Division
Presentation
Operator
Hello, and welcome to the EPR Properties Q2 2026 Earnings Call. [Operator Instructions] Also, as a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time.
I will now hand the call over to Brian Moriarty, Senior Vice President of Corporate Communications.
Brian Moriarty
Senior Vice President of Corporate Communications
Thank you. Thanks for joining us today for our second quarter 2026 earnings call and webcast. Participants on today's call are Greg Silvers, Chairman and CEO; Ben Fox, Executive Vice President and CIO; and Mark Peterson, Executive Vice President and CFO.
I'll start the call by informing you that this call may include forward-looking statements as defined in the Private Securities Litigation Act of 1995, identified by such words as will be, intend, continue, believe, may, expect, hope, anticipate or other comparable terms. The company's actual financial condition and the results of operations may vary materially from those contemplated by such forward-looking statements.
Discussion of these factors that could cause results to differ materially from these forward-looking statements are contained in the company's SEC filings, including the company's reports on Form 10-K and 10-Q. Additionally, this call will contain references to certain non-GAAP measures, which we believe are useful in evaluating the company's performance.
EPR Properties (EPR - Free Report) came out with quarterly funds from operations (FFO) of $1.42 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to FFO of $1.24 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of +5.19%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.26 per share when it actually produced FFO of $1.26, delivering no surprise.
Over the last four quarters, the company has surpassed consensus FFO estimates three times.
EPR Properties, which belongs to the Zacks REIT and Equity Trust - Retail industry, posted revenues of $169.03 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.15%. This compares to year-ago revenues of $150.35 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
EPR Properties shares have added about 28.9% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for EPR Properties?While EPR Properties has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for EPR Properties was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $1.49 on $167.99 million in revenues for the coming quarter and $5.50 on $649.88 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Retail is currently in the top 23% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Agree Realty (ADC - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This real estate investment trust is expected to post quarterly earnings of $1.13 per share in its upcoming report, which represents a year-over-year change of +6.6%. The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level.
Agree Realty's revenues are expected to be $201.73 million, up 14.9% from the year-ago quarter.
CFO společnosti EPR Properties Mark Alan Peterson prodal 8 334 akcií za zhruba 500 000 USD v rámci předem naplánovaného plánu 10b5-1. Prodej proběhl za 60,00 USD za akcii, nad závěrečnou cenou 59,36 USD v den transakce.
Mark Alan Peterson, EVP & Chief Financial Officer, reported an open-market sale of 8,334 shares of EPR Properties (EPR +2.18%) for a total consideration of ~$500,000, according to the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (indirect)8,334Transaction value$500,040Post-transaction shares (direct)0Post-transaction shares (indirect)207,750Post-transaction value (direct ownership)$0Transaction value based on SEC Form 4 reported price ($60.00). EPR closed at $58.85 on the transaction date, June 10th 2026.
Key questionsHow does this transaction compare to Peterson’s historical sale sizes?
This 8,334 share sale is at the lower end of Peterson’s historical sell-only transactions, which have ranged from 8,334 to 13,700 shares, reflecting a declining trend as available share capacity has diminished over time.Does the transaction affect Peterson’s overall economic exposure to EPR Properties?
Despite the sale, Peterson continues to hold 207,750 shares indirectly through the Jill J. Peterson Rev. Trust, maintaining substantial economic exposure to the company through convertible Common Shares of Beneficial Interest.What is the significance of the 10b5-1 trading plan in this context?
This sale was effected under a Rule 10b5-1 trading plan adopted on Dec. 23, 2025, indicating the disposition was pre-scheduled and consistent with routine liquidity management rather than market timing.How does the transaction value relate to recent market pricing?
The $60.00 per share sale price was slightly above the June 10, 2026 closing price of $59.36, representing a ~1.1% premium to the closing level on the transaction date.Company overviewMetricValueRevenue (TTM)$718 millionNet income (TTM)$275 millionDividend yield5.39%1-year price change8.3%Note: 1-year price change calculated as of July 1, 2026.
Company snapshotEPR owns and leases a portfolio of experiential real estate assets, including entertainment, recreation, and education properties across 44 U.S. states.It operates as a specialty REIT utilizing a net lease model, generating revenue primarily through long-term rental agreements with tenants in leisure and recreational sectors.The company serves operators of out-of-home entertainment venues, recreational facilities, and specialty education centers seeking stable, high-quality real estate solutions.EPR Properties manages a diversified portfolio valued at approximately $6.7 billion, focusing on properties that facilitate unique consumer experiences. The company’s disciplined underwriting and investment approach targets assets with resilient cash flows and long-term growth potential. This specialization in experiential real estate provides EPR Properties with a distinct competitive advantage in the specialty REIT sector.
What this transaction means for investorsPeterson's sale was pre-scheduled back in December, and it priced slightly above where EPR shares were trading that day, so there's little to read into the timing itself. The more useful question for investors is what has to keep going right for EPR's growth story to hold up. The company just raised its 2026 earnings guidance and expanded its investment spending target to as much as $600 million, largely to fund a $315 million push into attraction properties including a portfolio acquired from Six Flags. That's a bet that regional parks and similar destinations keep pulling in reliable foot traffic even as EPR leans away from its old core of movie theaters. The company's occupancy across its experiential portfolio sat at 99% last quarter, which suggests tenants are performing well enough to support the expansion. The risk is concentration: a handful of tenants still make up a large share of EPR's rental income, so any stumble from a major operator would matter more here than at a more diversified REIT. I like this company for the long haul, and at current levels I think it's worth starting a position or adding a little if you already own it. One thing worth considering: REIT dividends are typically taxed as ordinary income, so where you hold this stock matters. If you're building a position, a Roth IRA can be a smart home for it, since it lets those dividends and any future gains grow and come out tax-free.
Seena Hassouna has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends EPR Properties. The Motley Fool has a disclosure policy.
