EPR Properties (EPR) AI Stock Analysis

• Market Cap: $3.79B
• Dividend Yield: 7.05%
• Average Volume (3M): 626.52K
• Price to Earnings (P/E): 21.7
• Beta (1Y): 0.46
• Revenue Growth: 2.93%
• EPS Growth: -0.87%
• Country: US
• Employees: 55
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Specialty
• EPS (TTM): 0.79
• Shares Outstanding: 76,140,340
• 10 Day Avg. Volume: 747,065
• 30 Day Avg. Volume: 626,520
• PEG Ratio: -1.23
• Price to Book (P/B): 1.44
• Price to Sales (P/S): 5.23
• P/FCF Ratio: 8.53
• Enterprise Value/Market Cap: 1.95
• Enterprise Value/Revenue: 11.14
• Enterprise Value/Gross Profit: 12.24
• Enterprise Value/Ebitda: 14.93
• 1Y Price Target: $57.95
• Price Target Upside: 16.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 3.14
• Revenue Forecast (FY): $591.55M

• Rating: 75 Outperform
• Price Target: $57.00 ▲(14.55% Upside)

EPR Properties demonstrates strong financial performance and strategic corporate actions, contributing to a solid overall score. The company's attractive dividend yield and positive earnings call sentiment further bolster its position. However, technical analysis indicates potential bearish momentum, and the high P/E ratio suggests valuation concerns. Continued focus on growth management and leveraging strategic initiatives will be key to future performance.

Positive Factors

Strong Portfolio Performance

A high lease rate of 99% in the experiential portfolio indicates strong demand and operational stability, supporting consistent revenue generation.

Strategic Acquisitions

Strategic acquisitions in leisure properties enhance EPR's portfolio diversity and potential revenue streams, aligning with consumer trends in experiential spending.

Cash Flow Generation

A robust cash flow generation capacity supports ongoing investments and debt servicing, ensuring financial flexibility and operational resilience.

Negative Factors

Credit Loss Provisions

Increased credit loss provisions reflect potential tenant financial stress, posing risks to revenue stability and necessitating cautious credit management.

Debt Levels

Issuing new debt to refinance existing obligations may increase financial leverage, impacting future cash flows and financial flexibility.

Revenue Growth Fluctuations

While revenue growth is positive, past fluctuations highlight potential volatility, requiring strategic focus to ensure consistent long-term growth.

EPR Properties Business Overview & Revenue Model

Company Description

EPR Properties is a leading experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have nearly $6.7 billion in total investments across 44 states. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns.

How the Company Makes Money

EPR Properties generates revenue primarily through leasing its properties to tenants under long-term agreements. The company earns rental income from its diverse portfolio, which includes properties in the entertainment and recreation sectors. Key revenue streams include fixed rent payments and percentage rents based on tenants' sales, with many leases structured to provide stable and predictable cash flows. Additionally, EPR may generate income through property management fees and other ancillary services. Significant partnerships with reputable tenants in the entertainment industry contribute to its earnings stability, while the strategic focus on experiential properties positions the company to benefit from trends in consumer spending on leisure activities.

EPR Properties Financial Statement Overview

Summary

EPR Properties exhibits strong revenue growth and efficient cost management. The balance sheet is stable but shows increasing leverage, which could pose risks. Cash flow is healthy, supporting operations and strategic initiatives, though profitability pressures exist.

Income Statement

EPR Properties has demonstrated a strong recovery in revenue growth post-2020, with a notable increase in revenue in 2021 and 2022. The gross profit margin remains high, indicating efficient cost management. However, the net profit margin has slightly decreased in recent years, suggesting some pressure on profitability. Overall, the income statement reflects a stable and improving financial performance with strong EBIT and EBITDA margins.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, which has slightly increased over the years, indicating a reliance on debt financing. The return on equity is positive but has seen some fluctuations, reflecting variability in profitability. The equity ratio remains stable, suggesting a balanced asset structure. While the company maintains a solid equity base, the increasing leverage could pose a risk if not managed carefully.

Cash Flow

EPR Properties has shown consistent growth in free cash flow, with a significant recovery from the negative free cash flow in 2020. The operating cash flow to net income ratio is strong, indicating efficient cash generation relative to net income. However, the free cash flow to net income ratio has varied, reflecting changes in cash flow management. Overall, the cash flow statement indicates a healthy cash position with room for improvement in cash flow consistency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	663.46M	641.00M	659.72M	610.65M	512.86M	405.52M
Gross Profit	603.96M	581.85M	602.24M	554.66M	456.13M	346.94M
EBITDA	495.03M	437.69M	464.88M	465.58M	404.56M	209.25M
Net Income	199.64M	146.07M	173.05M	176.23M	98.61M	-131.73M
Balance Sheet
Total Assets	5.54B	5.62B	5.70B	5.76B	5.80B	6.70B
Cash, Cash Equivalents and Short-Term Investments	13.71M	22.06M	78.08M	107.93M	288.82M	1.03B
Total Debt	2.97B	3.07B	3.04B	3.05B	3.02B	3.91B
Total Liabilities	3.22B	3.29B	3.25B	3.22B	3.18B	4.07B
Stockholders Equity	2.33B	2.32B	2.45B	2.54B	2.62B	2.64B
Cash Flow
Free Cash Flow	416.11M	393.14M	447.09M	428.30M	193.73M	-67.90M
Operating Cash Flow	416.11M	393.14M	447.09M	441.72M	306.93M	65.27M
Investing Cash Flow	-37.22M	-176.35M	-201.05M	-351.58M	1.86M	133.99M
Financing Cash Flow	-387.43M	-261.62M	-275.69M	-269.39M	-1.05B	297.17M

EPR Properties Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 49.76
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EPR, the sentiment is Negative. The current price of 49.76 is below the 20-day moving average (MA) of 51.15, below the 50-day MA of 51.54, and below the 200-day MA of 52.31, indicating a bearish trend. The MACD of -0.51 indicates Positive momentum. The RSI at 37.28 is Neutral, neither overbought nor oversold. The STOCH value of 12.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EPR.

EPR Properties Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPR	75 Outperform	$3.79B	21.69	8.44%	7.05%	2.93%	-0.87%
CXW	73 Outperform	$2.04B	19.58	7.41%	―	5.72%	47.75%
LAMR	72 Outperform	$13.14B	30.51	38.63%	4.92%	3.04%	-14.88%
GLPI	72 Outperform	$12.87B	16.35	17.54%	6.82%	4.39%	-2.87%
OUT	69 Neutral	$4.10B	35.74	17.74%	4.94%	-1.48%	-50.05%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SMA	62 Neutral	$1.91B	-108.58	-0.58%	3.39%	12.57%	4.92%

EPR Properties Corporate Events

EPR Properties Announces $400 Million Share Distribution

On December 5, 2025, EPR Properties entered into a Distribution Agreement with several financial institutions to offer and sell up to $400 million of its common shares. This strategic move allows EPR Properties to raise funds for general corporate purposes, including acquisitions and debt reduction, potentially strengthening its market position and operational capabilities.

EPR Properties Announces New Financial Obligation

The news release from EPR Properties does not provide specific information about the company’s industry, products, or market focus. The release incorporates information from another section, but lacks details on the company’s operations, industry positioning, or implications for stakeholders.

EPR Properties Announces $550 Million Senior Notes Offering

On November 3, 2025, EPR Properties announced the pricing of a $550 million underwritten public offering of 4.750% Senior Notes due 2030, with the offering expected to close on November 13, 2025. The company plans to use the net proceeds to repay its unsecured revolving credit facility and for general business purposes, including funding its ongoing pipeline of acquisition and build-to-suit projects.

EPR Properties Reports Strong Q3 2025 Financial Results

EPR Properties reported its third-quarter 2025 results, showing a 1% increase in total revenue to $182.3 million and a significant 49.1% rise in net income available to common shareholders compared to the previous year. The company executed $54.5 million in investment spending during the quarter, bringing the year-to-date total to $140.8 million, and committed an additional $100 million for future experiential projects. EPR Properties also updated its 2025 guidance, increasing the FFOAA per diluted common share and narrowing its investment spending range, reflecting confidence in its portfolio’s stability and future growth potential.