EPR Properties (EPR) AI Stock Analysis

• Market Cap: $4.05B
• Dividend Yield: 6.53%
• Average Volume (3M): 961.00K
• Price to Earnings (P/E): 26.2
• Beta (1Y): 0.63
• Revenue Growth: 1.37%
• EPS Growth: -16.66%
• Country: US
• Employees: 55
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Specialty
• EPS (TTM): 0.91
• Shares Outstanding: 76,116,630
• 10 Day Avg. Volume: 957,500
• 30 Day Avg. Volume: 960,999
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.84
• Enterprise Value/Revenue: 11.34
• Enterprise Value/Gross Profit: 12.47
• Enterprise Value/Ebitda: 15.69
• 1Y Price Target: $56.44
• Price Target Upside: 5.97% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 10

• Rating: 74 Outperform
• Price Target: $60.00 ▲(12.65% Upside)

EPR Properties' strong financial performance and positive earnings call are the most significant factors driving the score. The company's robust growth, high occupancy rates, and strategic investments are key strengths. However, technical analysis indicates potential short-term weakness, and the high P/E ratio suggests overvaluation concerns. The attractive dividend yield provides a compensating factor for income-focused investors.

Positive Factors

Financial Performance

EPR Properties has been the top-performing Triple-Net REIT year-to-date, showing a strong performance compared to its sector and the broader market.

Growth Opportunities

Management sees growth opportunities in golf and health & wellness assets, with favorable supply-demand dynamics in golf and a focus on wellness investments.

Theater Industry Recovery

The theater industry's fundamentals are improving, and percentage rent from Regal Cinemas is expected to boost earnings.

Negative Factors

Box Office Performance

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

Box Office Sales

Higher box office sales could benefit rent coverage metrics and percentage rents for EPR's Regal operated assets.

Dispositions and Costs

Higher general and administrative expectations and higher disposition volumes were smaller offsets to the higher percentage rents.

EPR Properties Business Overview & Revenue Model

Company Description

EPR Properties (EPR) is a leading real estate investment trust (REIT) focused on acquiring and managing properties in the entertainment, recreation, and education sectors. The company primarily invests in properties such as amusement parks, movie theaters, and private schools, with a strategic emphasis on niche markets that provide stable cash flow and growth potential. EPR's portfolio includes a diverse range of properties that cater to various consumer needs and experiences, making it a prominent player in the specialized REIT space.

How the Company Makes Money

EPR Properties generates revenue primarily through leasing its properties to operators in the entertainment, recreation, and education sectors. The company's revenue model is based on long-term leases that provide a steady stream of rental income, often structured with built-in rent escalations to ensure growth. Key revenue streams include rental income from its diversified portfolio of properties, as well as potential additional income from tenant reimbursements for property operating expenses. EPR also benefits from strong partnerships with established operators and brands in its sectors, which enhances occupancy rates and stability of cash flows. Additionally, the company may leverage strategic acquisitions to expand its portfolio and increase its income-generating capabilities.

EPR Properties Financial Statement Overview

Summary

EPR Properties demonstrates strong financial performance with robust profitability and growth in its income statement, stable leverage in its balance sheet, and solid cash generation capabilities. The company is well-positioned for future growth, though there is room for improvement in reducing debt levels.

Income Statement

EPR Properties shows strong profitability with a high gross profit margin of over 93% in TTM, indicating efficient cost management. The net profit margin has improved to 26.88% in TTM, reflecting solid bottom-line growth. Revenue growth is positive at 1.1% in TTM, recovering from a slight decline in the previous year. The EBIT and EBITDA margins are robust, highlighting operational efficiency. Overall, the income statement reflects a healthy financial performance with consistent growth and profitability.

Balance Sheet

The balance sheet indicates a stable financial position with a debt-to-equity ratio of 1.29 in TTM, showing manageable leverage. Return on equity has improved to 7.66% in TTM, suggesting effective use of equity to generate profits. However, the equity ratio is not explicitly calculated, which could provide additional insights into the company's capital structure. Overall, the balance sheet reflects a balanced approach to leverage and equity utilization, though there is room for improvement in reducing debt levels.

Cash Flow

EPR Properties demonstrates strong cash flow management with a free cash flow to net income ratio of 1.0 in TTM, indicating efficient conversion of profits into cash. The operating cash flow to net income ratio is not explicitly calculated, but the free cash flow growth rate of 2.21% in TTM shows positive cash flow trends. Overall, the cash flow statement reflects solid cash generation capabilities, supporting the company's financial stability and growth prospects.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	656.37M	641.00M	659.72M	658.03M	531.68M	414.66M
Gross Profit	596.74M	581.85M	602.24M	602.05M	474.94M	356.07M
EBITDA	474.26M	437.69M	467.66M	504.17M	404.56M	260.13M
Net Income	179.70M	146.07M	173.05M	176.23M	98.61M	-131.73M
Balance Sheet
Total Assets	5.56B	5.62B	5.70B	5.76B	5.80B	6.70B
Cash, Cash Equivalents and Short-Term Investments	28.72M	22.06M	78.08M	107.93M	288.82M	1.03B
Total Debt	3.01B	3.07B	3.04B	3.05B	3.02B	3.90B
Total Liabilities	3.23B	3.29B	3.25B	3.22B	3.18B	4.07B
Stockholders Equity	2.33B	2.32B	2.45B	2.54B	2.62B	2.63B
Cash Flow
Free Cash Flow	401.63M	393.14M	447.09M	428.30M	193.73M	-67.90M
Operating Cash Flow	401.63M	393.14M	447.09M	441.72M	306.93M	65.27M
Investing Cash Flow	-74.05M	-176.35M	-201.05M	-351.58M	1.86M	133.99M
Financing Cash Flow	-335.67M	-261.62M	-275.69M	-269.39M	-1.05B	297.17M

EPR Properties Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 53.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 53.26 is below the 20-day moving average (MA) of 53.39, below the 50-day MA of 55.76, and above the 200-day MA of 49.74, indicating a neutral trend. The MACD of -0.47 indicates Negative momentum. The RSI at 42.33 is Neutral, neither overbought nor oversold. The STOCH value of 21.57 is Neutral, 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
LAMR	77 Outperform	$12.96B	29.44	41.80%	4.80%	3.08%	-12.87%
EPR	74 Outperform	$4.05B	26.22	7.56%	6.53%	1.37%	-16.66%
GLPI	72 Outperform	$13.68B	18.37	16.52%	6.32%	5.38%	-9.82%
CXW	67 Neutral	$2.13B	20.95	7.11%	―	1.62%	55.45%
OUT	66 Neutral	$3.08B	30.44	14.89%	9.06%	-2.49%	-52.99%
Sector *	63 Neutral	$7.02B	13.41	-0.50%	6.86%	4.08%	-25.24%
PCH	59 Neutral	$3.26B	77.19	2.07%	4.27%	-1.15%	14.51%

EPR Properties Corporate Events

EPR Properties Reports Strong Q2 2025 Financial Results

On July 28, 2025, EPR Properties announced the upcoming retirement of Gregory E. Zimmerman, its Executive Vice President and Chief Investment Officer, in early 2026, with Ben Fox set to succeed him. The company reported strong financial results for the second quarter of 2025, with a 2.9% increase in total revenue and a 78.2% rise in net income available to common shareholders compared to the previous year. EPR Properties also highlighted its robust investment pipeline, capital recycling success, and strong liquidity position, confirming its 2025 guidance for FFOAA per diluted common share and increasing its disposition proceeds guidance.