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EPR Properties Reports 2024 Financial Results and Dividend Increase

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EPR Properties Reports 2024 Financial Results and Dividend Increase

EPR Properties ( (EPR) ) has shared an announcement.

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.

More about EPR Properties

EPR Properties is a real estate investment trust (REIT) that specializes in experiential properties, focusing on entertainment, recreation, and education sectors. The company invests in and develops properties that provide unique experiences to consumers, such as theatres, waterparks, and other recreational venues.

YTD Price Performance: 15.38%

Average Trading Volume: 596,658

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.85B

See more insights into EPR stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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