EPR Properties (EPR) AI Stock Analysis

• Market Cap: $4.28B
• Dividend Yield: 6.13%
• Average Volume (3M): 1.06M
• Price to Earnings (P/E): 27.6
• Beta (1Y): 0.64
• 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: 1,051,700
• 30 Day Avg. Volume: 1,061,801
• 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: 1.74
• Enterprise Value/Revenue: 11.34
• Enterprise Value/Gross Profit: 12.47
• Enterprise Value/Ebitda: 15.69
• 1Y Price Target: $57.61
• Price Target Upside: 1.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 10

• Rating: 77 Outperform
• Price Target: $63.00 ▲(10.92% Upside)

EPR Properties' overall stock score reflects strong financial performance and positive earnings call insights. The company's robust profitability, strategic investments, and high dividend yield are significant strengths. However, technical analysis indicates mixed signals, and the high P/E ratio suggests a premium valuation.

Positive Factors

High Portfolio Occupancy

High occupancy rates indicate strong demand for EPR's properties, ensuring steady rental income and reducing vacancy risk, which supports long-term financial stability.

Strategic Investments

Entering the traditional golf space diversifies EPR's portfolio, tapping into new revenue streams and enhancing growth potential in the experiential sector.

Improved Cost of Capital

Lower cost of capital enables EPR to pursue growth opportunities more aggressively, enhancing its ability to expand its asset base and improve returns.

Negative Factors

Challenges with Kartrite Hotel

Ongoing operational challenges at the Kartrite Hotel could strain resources and impact profitability, highlighting potential management and cost issues.

Interest Expense Increase

Rising interest expenses can erode profit margins and reduce cash flow, potentially limiting EPR's ability to invest in growth opportunities.

Leadership Transition

Leadership changes can introduce uncertainty in strategic direction and execution, potentially impacting EPR's investment and growth strategies.

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 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: Positive
• Last Price: 56.80
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 56.8 is above the 20-day moving average (MA) of 55.59, above the 50-day MA of 55.13, and above the 200-day MA of 50.76, indicating a bullish trend. The MACD of 0.65 indicates Negative momentum. The RSI at 56.95 is Neutral, neither overbought nor oversold. The STOCH value of 26.73 is Neutral, 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	77 Outperform	$4.28B	27.58	7.56%	6.13%	1.37%	-16.66%
GLPI	69 Neutral	12.94B	17.57	15.77%	6.68%	5.38%	-9.82%
CXW	66 Neutral	2.31B	22.54	7.04%	―	1.62%	55.45%
LAMR	66 Neutral	12.45B	28.68	48.62%	5.22%	3.08%	-12.87%
OUT	66 Neutral	3.06B	30.17	16.32%	9.13%	-2.49%	-52.99%
PCH	59 Neutral	3.09B	75.81	2.17%	4.58%	-1.15%	14.51%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

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.