undamentalytics Newsletter
Sign in

EPR Properties (EPR) stock

Add to watchlist

Add holding +

NYSE: EPR NYSE Other Specialized REITs Next results ~January 25, 2027

C+ Fundamentals grade

EPR Properties is a US-listed company in the other specialized REITs industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Model estimate per share

~$100

Valuation models combined (2)

Base case. Range ~$72–$120. Weighted average of 2 models (funds-from-operations model, dividend discount (growing dividend)), the funds-from-operations model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

EPR Properties valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 9 selling0 purchases and 20 sales by directors and officers, last 12 monthsInsider trades
  • Funds238 adding, 200 cuttingOf 51 active managers that changed their stake, 24 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter EPR Properties files

10-Q filed October 29: EPR Properties

Model value +14.3%

Revenue for the twelve months to September 2026 was $764m, up 7.3% on a year earlier, faster than the 4.5% growth a quarter earlier. Our model value rises from $90.19 to $103 a share, against a share price of $57.87.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 30: EPR Properties

EPR Properties grew revenue to $764m over the twelve months to June 2026, up 7.3% on the prior year and ahead of the 4.5% pace recorded a quarter earlier. This acceleration has helped lift the fundamentals grade from C to C+. Reflecting the improved picture, our model value climbs to $90.19 a share from $88.71. Against this, the shares trade at $55.51, leaving a wide gap between price and estimated value. The rating remains unchanged at Buy, with the combination of accelerating growth and an improving grade reinforcing the existing stance.

10-Q on SEC EDGAR

Where EPR Properties stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $743m, up 4.5% on a year earlier, faster than 2.7% a quarter earlier. Our valuation models combined value is $88.88 a share, against a share price of $55.27.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 25, 2027 (estimated)

EPR Properties's trailing-twelve-month revenue grew 7.3% year on year, with a free-cash-flow margin of -28.4%. Where it stands out: operating margin of 59.0% ranks 1 of 5 other specialized reits companies we cover. Where it lags: long-term debt as % of assets of 54.2% ranks 5 of 6 other specialized reits companies we cover.

Current signal Capital expenditure surging: TTM capex grew 181% year over year and now absorbs 90.4% of revenue.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • High operating margin. 59.0% of revenue is left as operating profit, against a median of 31.8% for other specialized reits companies we cover.
  • Margins widening. Operating margin is up 9.1 points on a year ago.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Burning cash. Free cash flow was -28.4% of revenue over the last 12 months.
  • High debt. Long-term debt exceeds cash by $3.3bn, more than 1.5 times annual revenue.
  • Weak cash conversion. Free cash flow was -73% of net income over the last 12 months.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 54.2% ranks 5 of 6 other specialized reits companies we cover (median 46.7%).
  • Heavily shorted. 13.6% of the shares available to trade are sold short (8.5 days of average volume to cover).

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$1.24 against an average estimate of $0.83: beat by 49.4%
Revenue
$204m, up 12.0% on a year earlier
Share reaction
+4.2% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Guidance given
net income available to common shareholders per diluted common share $3.41 to $3.49 (2026); FFOAA per diluted common share $5.49 to $5.57 (2026)
Next report
October 28, 2026; average EPS estimate $0.75

EPR Properties' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.2%
  • 1 week+6.2%
  • 1 month+6.1%
  • This year+26.0%
  • 1 year+29.7%
  • 5 years+59.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$764M
Operating margin
59.0%
Net margin
38.8%
EPS (TTM, diluted)
$3.86

Growth

Revenue growth
+7.3%
Change in growth rate
+2.8 pts
Share count change
+0.6%

Earnings

Last results
October 28, 2026
Next results (est.)
January 25, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Dividend
  4. Dividend
  5. Announcement
  6. Results
  7. Announcement
  8. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

EPR Properties valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value EPR Properties as an equity reit, with every model that fits that kind of business. Cost of equity 8%: the 10-year Treasury yield (4.9%) plus a beta of 0.69 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. ~$120 ~$99–$140 Primary model, counts double
Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. ~$2.1 ~$50–$100 Left out: out of range vs price (0.04x)
Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. ~$72 ~$61–$88 Included
Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$100 ~$72–$120 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare EPR Properties with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

69 /100

Moderate moat

How hard EPR Properties's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 3 / 20

    Net income has been a median 3.4% of total assets over 10 years.

  • Durability 20 / 20

    Operating margin has been a median 50.8%; its worst year was 42.5%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 7 of 10 years, at a median 25.0% of revenue.

  • Discipline 15 / 20

    The diluted share count rose 2.8% over five years; stock-based pay has been a median 2.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.07 −6% $782m +9%
Next $3.13 — $833m +6%

Next year's EPS estimate has moved +3.5% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.2% on 90 days ago. In the last 30 days, 3 analysts raised EPR Properties's forecast and 0 cut it.

Consensus EPS forecast EPR Properties, last 90 days
$3.00 $3.05 $3.10 $3.15 $3.20 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.04 Current fiscal year, 60 days ago: $3.05 Current fiscal year, 30 days ago: $3.06 Current fiscal year, 7 days ago: $3.07 Current fiscal year, Now: $3.07 $3.07 Next fiscal year, 90 days ago: $3.02 Next fiscal year, 60 days ago: $3.11 Next fiscal year, 30 days ago: $3.18 Next fiscal year, 7 days ago: $3.18 Next fiscal year, Now: $3.13 $3.13

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.04$3.02
60 days ago $3.05$3.11
30 days ago $3.06$3.18
7 days ago $3.07$3.18
Now $3.07$3.13

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.83 $1.24 +49.4%
Jun 2026 $0.76 $0.80 +4.7%
Mar 2026 $0.68 $0.69 +1.3%
Dec 2025 $0.72 $0.81 +12.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 28, 2026
  • Net income available to common shareholders per diluted common share 2026 $3.41 to $3.49 GAAP Raised
    “Net income available to common shareholders per diluted common share $ 3.41 to $ 3.49 $ 3.03 to $ 3.19” source
  • FFOAA per diluted common share 2026 $5.49 to $5.57 Non-GAAP Raised
    “The Company is increasing FFOAA per diluted common share guidance for 2026 to a range of $5.49 to $5.57 from a range of $5.41 to $5.57, representing an increase of 8.0% at the midpoint over 2025.” source
  • Investment spending 2026 $675m to $725m Raised
    “The Company is also increasing investment spending guidance for 2026 to a range of $675.0 million to $725.0 million from a range of $600.0 million to $700.0 million.” source
  • Disposition proceeds 2026 about $86m Narrowed
    “Disposition proceeds $86.0 $ 50.0 to $ 100.0” source
  • Additional investment spending expected in remainder of 2026 about $21m Lowered vs about 65m
    “As of September 30, 2026, the Company expects approximately $183.2 million in additional investment spending for existing experiential development and redevelopment projects, of which approximately $21.0 million is expected to be funded in the remainder of 2026.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

12 analysts, Oct 2026
Buy542%
Hold650%
Sell18%

Monthly trend

  1. Oct 2026326112
  2. Sep 2026326112
  3. Aug 2026326112
  4. Jul 2026317112

Counts of recommendations published by analysts covering EPR Properties, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.6%
of tradable shares
Days to cover
8.47
at average volume
Short interest, 1 month
+2%
to October 15, 2026
Held by institutions
85%
of shares
Held by insiders
2.3%
of shares
Employees
54
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +29.7%

$45.93 on October 31, 2025 to $59.58

ThenNowEffect
Revenue (last 12 months) $711m $743m +4.5%
Net margin 25.3% 35.5% +40.2%
P/E multiple 19.5x 17.4x −10.9%
Share count 76m 77m −0.6%

Biggest factor: net margin.

Last 3 years +57.4%

$37.86 on November 3, 2023 to $59.58

ThenNowEffect
Revenue (last 12 months) $684m $743m +8.5%
Net margin 24.0% 35.5% +47.6%
P/E multiple 17.3x 17.4x +0.2%
Share count 75m 77m −1.9%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
EPR+51%−15%+39%−1%+21%+26%
Industry peers (median)+42%−18%+9%+6%−14%+16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
EPR75%42%67%58%50%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
EPR−19%−36%−20%−17%−19%−20%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 82% from October 23, 2019 to March 18, 2020. Getting back needed a 456% gain, reached on June 6, 2025, 1906 days after the low.

Price behaviour

52-week range
$46.23 – $62.99
From 52-week high
−5.4%
vs 50-day average
+5.0%
vs 200-day average
+6.6%
Volatility (1 year)
22%
Beta vs S&P 500
0.03

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±2.8%
After a week
6 up, 5 down
typical move ±3.8%
After a month
7 up, 4 down
typical move ±5.1%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2026 +4.2% 0.0% — —
July 29, 2026 −0.5% +0.1% −4.5% −6.9%
May 6, 2026 +3.4% +1.1% +3.9% +3.0%
February 25, 2026 +3.4% +0.3% +2.1% −15.2%
October 29, 2025 −6.7% −1.1% −4.9% +0.7%
July 30, 2025 −3.0% −0.5% −5.7% −4.2%
May 7, 2025 +2.9% +1.1% +3.9% +13.4%
February 26, 2025 +2.6% −1.5% +5.7% +1.6%
October 30, 2024 −2.6% −2.3% −4.0% −1.9%
July 31, 2024 −0.4% +0.2% −3.1% +3.7%
May 1, 2024 +3.7% +0.6% +2.0% +1.8%
February 28, 2024 −0.4% +0.2% +2.0% +3.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

EPR Properties in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) EPR Properties
$680M $700M $720M $740M $760M $780M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $705.7M Revenue (TTM), FY24 Q1: $701.5M Revenue (TTM), FY24 Q2: $701.7M Revenue (TTM), FY24 Q3: $692.8M Revenue (TTM), FY24 Q4: $698.1M Revenue (TTM), FY25 Q1: $705.9M Revenue (TTM), FY25 Q2: $710.8M Revenue (TTM), FY25 Q3: $712.6M Revenue (TTM), FY25 Q4: $718.4M Revenue (TTM), FY26 Q1: $724.6M Revenue (TTM), FY26 Q2: $742.6M Revenue (TTM), FY26 Q3: $764.4M $764.4M

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $705.7M
FY24 Q1 $701.5M
FY24 Q2 $701.7M
FY24 Q3 $692.8M
FY24 Q4 $698.1M
FY25 Q1 $705.9M
FY25 Q2 $710.8M
FY25 Q3 $712.6M
FY25 Q4 $718.4M
FY26 Q1 $724.6M
FY26 Q2 $742.6M
FY26 Q3 $764.4M
Revenue growth, TTM YoY EPR Properties
-5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 7.2% Revenue growth, TTM YoY, FY24 Q1: 4.4% Revenue growth, TTM YoY, FY24 Q2: 2.5% Revenue growth, TTM YoY, FY24 Q3: -2.7% Revenue growth, TTM YoY, FY24 Q4: -1.1% Revenue growth, TTM YoY, FY25 Q1: 0.6% Revenue growth, TTM YoY, FY25 Q2: 1.3% Revenue growth, TTM YoY, FY25 Q3: 2.9% Revenue growth, TTM YoY, FY25 Q4: 2.9% Revenue growth, TTM YoY, FY26 Q1: 2.7% Revenue growth, TTM YoY, FY26 Q2: 4.5% Revenue growth, TTM YoY, FY26 Q3: 7.3% 7.3%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 7.2%
FY24 Q1 4.4%
FY24 Q2 2.5%
FY24 Q3 -2.7%
FY24 Q4 -1.1%
FY25 Q1 0.6%
FY25 Q2 1.3%
FY25 Q3 2.9%
FY25 Q4 2.9%
FY26 Q1 2.7%
FY26 Q2 4.5%
FY26 Q3 7.3%
Operating margin (TTM) EPR Properties
40% 45% 50% 55% 60% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 43.4% Operating margin (TTM), FY24 Q1: 44.6% Operating margin (TTM), FY24 Q2: 49.3% Operating margin (TTM), FY24 Q3: 50.8% Operating margin (TTM), FY24 Q4: 45.2% Operating margin (TTM), FY25 Q1: 45.2% Operating margin (TTM), FY25 Q2: 49.4% Operating margin (TTM), FY25 Q3: 49.9% Operating margin (TTM), FY25 Q4: 57.7% Operating margin (TTM), FY26 Q1: 57.0% Operating margin (TTM), FY26 Q2: 55.1% Operating margin (TTM), FY26 Q3: 59.0% 59.0%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 43.4%
FY24 Q1 44.6%
FY24 Q2 49.3%
FY24 Q3 50.8%
FY24 Q4 45.2%
FY25 Q1 45.2%
FY25 Q2 49.4%
FY25 Q3 49.9%
FY25 Q4 57.7%
FY26 Q1 57.0%
FY26 Q2 55.1%
FY26 Q3 59.0%
FCF margin (TTM) EPR Properties
-40% -20% 0% 20% 40% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 25.2% FCF margin (TTM), FY24 Q1: 23.9% FCF margin (TTM), FY24 Q2: 20.0% FCF margin (TTM), FY24 Q3: 16.3% FCF margin (TTM), FY24 Q4: 18.5% FCF margin (TTM), FY25 Q1: 21.1% FCF margin (TTM), FY25 Q2: 22.5% FCF margin (TTM), FY25 Q3: 23.9% FCF margin (TTM), FY25 Q4: 37.5% FCF margin (TTM), FY26 Q1: 36.1% FCF margin (TTM), FY26 Q2: -20.2% FCF margin (TTM), FY26 Q3: -28.4% -28.4%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 25.2%
FY24 Q1 23.9%
FY24 Q2 20.0%
FY24 Q3 16.3%
FY24 Q4 18.5%
FY25 Q1 21.1%
FY25 Q2 22.5%
FY25 Q3 23.9%
FY25 Q4 37.5%
FY26 Q1 36.1%
FY26 Q2 -20.2%
FY26 Q3 -28.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 256 283 294 318 343 385 421 493 518 640 652 415 532 658 706 698 718 764
EBITDA — — — — — — — — — — — 222 443 475 474 481 583 639
Operating income — — — — — — — — — — — 52 279 311 306 316 414 451
Net income 8 115 115 122 180 180 195 225 263 267 202 −132 99 176 173 146 275 297
Diluted EPS −$0.61 $1.86 $1.80 $1.98 $3.24 $2.86 $2.93 $3.17 $3.29 $3.27 $2.32 −$2.05 $1.00 $2.03 $1.97 $1.60 $3.28 $3.86
Growth (year on year)
Revenue −4.9% +10.4% +3.8% +8.2% +7.9% +12.2% +9.3% +17.2% +5.1% +23.5% +1.9% −36.4% +28.2% +23.8% +7.2% −1.1% +2.9% +7.3%
EBITDA — — — — — — — — — — — — +98.9% +7.2% −0.0% +1.5% +21.2% +22.3%
Operating income — — — — — — — — — — — — +434.8% +11.5% −1.5% +3.0% +31.2% +26.7%
Net income −93.8% +>999% +0.3% +5.5% +48.3% −0.3% +8.3% +15.7% +16.9% +1.5% −24.2% −165.1% — +78.7% −1.8% −15.6% +88.2% +48.7%
Diluted EPS −118.7% — −3.2% +10.0% +63.6% −11.7% +2.4% +8.2% +3.8% −0.6% −29.1% −188.4% — +103.0% −3.0% −18.8% +105.0% +47.8%
Margins
EBITDA margin — — — — — — — — — — — 53.7% 83.2% 72.1% 67.2% 69.0% 81.2% 83.6%
Operating margin — — — — — — — — — — — 12.6% 52.4% 47.3% 43.4% 45.2% 57.7% 59.0%
Net margin 3.1% 40.6% 39.2% 38.2% 52.5% 46.7% 46.2% 45.6% 50.7% 41.7% 31.0% −31.8% 18.5% 26.8% 24.5% 20.9% 38.3% 38.8%
Free-cash-flow margin 5.3% 17.4% 48.6% 42.2% 32.2% 42.9% 23.4% 17.5% 0.1% 46.4% −9.4% 6.4% 47.1% 6.0% 25.2% 18.5% 37.5% −28.4%
Cash flow
Cash from operations 149 180 196 207 234 250 278 305 398 484 440 65 307 442 447 393 421 473
Capital spending 135 131 53 73 123 85 180 219 398 187 501 39 57 403 269 264 152 691
Free cash flow 14 49 143 134 111 165 99 86 1 297 −61 27 250 39 178 129 269 −217
Stock-based pay 4 5 6 6 7 9 9 11 14 15 13 — 15 17 18 14 15 17
Free cash flow after stock pay 9 45 137 128 104 156 90 75 −13 282 −74 — 235 23 160 115 254 −234
Balance sheet
Cash 23 12 15 11 8 3 4 19 42 6 529 1,026 289 108 78 22 91 52
Total debt 1,141 1,191 1,154 1,369 1,475 1,630 1,982 2,486 3,029 2,986 3,103 3,694 2,804 2,810 2,816 2,860 2,929 3,350
Net debt (negative = net cash) 1,118 1,179 1,140 1,358 1,467 1,626 1,978 2,466 2,987 2,980 2,574 2,669 2,516 2,702 2,738 2,838 2,839 3,298
Diluted shares 36m 46m 47m 47m 48m 54m 58m 63m 71m 74m 77m 76m 75m 75m 76m 76m 76m 77m
Returned to shareholders
Dividends 127 146 158 163 198 208 233 266 312 342 367 172 118 266 272 280 291 301
Buybacks 1 2 3 3 3 3 8 4 7 7 10 7 3 4 4 11 10 13
Total returned 128 149 161 166 201 211 241 270 318 349 377 180 120 270 276 291 301 314

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$13.2M
Dividends (TTM)
$301M
Returned to shareholders
-145%
of free cash flow
Buybacks, last 3 fiscal years
$24.9M
Diluted share count
+0.6%
year over year
Total shareholder yield
6.8%
dividends 6.5% + buybacks 0.3% of market value
Dividend payout ratio
101%
of net income paid out

Competitors: side by side with peers

Closest by revenue in other specialized reits
Last 12 months unless stated EPR OUT IIPR LAMR IRM FPI Median
Revenue, last 12 months $764m $1.9bn $264m $2.3bn $7.6bn $50m $1.3bn
Revenue growth, last 12 months 7.3% 7.6% −8.4% 4.4% 17.4% −5.6% 5.8%
Revenue growth, 3-year average 2.4% 2.2% −3.6% 3.9% 13.0% −4.7% 2.3%
Revenue growth, latest quarter 12.0% 13.5% 0.7% 6.5% 18.5% −13.1% 9.2%
Operating margin 59.0% 20.5% 51.4% 31.8% 18.8% 34.8% 33.3%
Operating margin, 3-year average 53.2% 19.0% 52.5% 30.4% 17.1% 35.2% 32.8%
Net margin 38.8% 12.7% 52.3% 23.9% 5.5% 19.5% 21.7%
Cash from operations / revenue 61.9% 20.2% 74.5% 39.0% 21.9% 36.2% 37.6%
Free-cash-flow margin −28.4% 15.7% 46.2% 30.9% −7.9% 28.9% 22.3%
Free-cash-flow margin, 3-year average 3.9% 12.6% 54.0% 32.0% −10.1% 19.0% 15.8%
Stock pay / revenue 2.2% 1.3% 4.1% 1.3% 1.8% 3.9% 2.0%
Change in share count 0.6% 4.1% 0.9% −1.1% 0.9% −3.1% 0.7%

Median of all 6 companies we cover in other specialized reits. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

6 other specialized reits companies
Measure Company Peer median Rank
Revenue growth Growth 7.3% 7.3% 3 of 6
Change in growth rate Growth +2.8pp +2.8pp 3 of 6
Operating margin Profitability 59.0% 31.8% 1 of 5
Net margin Profitability 38.8% 23.9% 2 of 6
Stock pay as % of revenue Cash generation 2.2% 2.2% 4 of 6
Long-term debt as % of assets Balance sheet 54.2% 46.7% 5 of 6
Change in share count Balance sheet 0.6% 0.9% 3 of 6

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Experiential Reportable Operating $680M 94.7% ▲ 3.3%
Education Reportable Operating $37.7M 5.3% ▼ 2.7%
Corporate Unallocated $361,000 0.1% ▼ 46.4%

From EPR Properties's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$3.7B
Institutions reporting
487
Shares held vs prior quarter
▲ 3.6%
Positions opened / closed
64 / 39

Top buyers and sellers, Q2 2026: 238 institutions bought and 200 sold ; the biggest buyer was Goldman Sachs Group Inc (+1.1M shares) and the biggest seller Balyasny Asset Management L.P (−926K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $595M 10.3M 16.2% ▲ 3.3%
Vanguard Portfolio Management LLC $395M 6.8M 10.7% ▲ 3.3%
State Street Corp $222M 3.8M 6.0% ▼ 0.9%
Vanguard Capital Management LLC $200M 3.4M 5.4% ▲ 4.7%
Quantinno Capital Management LP $125M 2.1M 3.4% ▲ 36.6%
LSV Asset Management $114M 2.0M 3.1% ▲ 35.4%
Geode Capital Management, LLC $96.3M 1.7M 2.6% ▲ 1.1%
Northern Trust Corp $89.1M 1.5M 2.4% ▲ 30.1%
Goldman Sachs Group Inc $86.3M 1.5M 2.3% ▲ 271.9%
Charles Schwab Investment Management Inc $79.4M 1.4M 2.2% ▼ 0.2%
AQR Capital Management LLC $77.5M 1.3M 2.1% ▼ 8.4%
Dimensional Fund Advisors LP $64.9M 1.1M 1.8% ▼ 1.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not EPR Properties's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $5.6M 20 trades by 9 insiders · 81% under pre-set plans
Net ▼ $5.6M net selling
Insider Date Trade Shares Price Value
Grace Elizabeth SVP - Human Resources & Admin August 19, 2026 Sell pre-set plan 4,200 $60.57 $254,394
Sterneck Robin Peppe Director August 6, 2026 Sell 3,403 $61.54 $209,421
Mater Tonya L. SVP & Chief Accounting Officer August 3, 2026 Sell pre-set plan 3,600 $61.82 $222,552
Mater Tonya L. SVP & Chief Accounting Officer August 3, 2026 Sell pre-set plan 3,092 $61.76 $190,962
Johnson Gwendolyn Mary SVP - Asset Management July 17, 2026 Sell pre-set plan 1,000 $62.50 $62,500
Johnson Gwendolyn Mary SVP - Asset Management July 7, 2026 Sell pre-set plan 1,000 $60.00 $60,000
Turvey Paul Robert SVP, General Counsel June 23, 2026 Sell pre-set plan 6,400 $58.20 $372,480
Johnson Gwendolyn Mary SVP - Asset Management June 23, 2026 Sell pre-set plan 2,000 $58.11 $116,220
Peterson Mark Alan EVP & Chief Financial Officer June 10, 2026 Sell pre-set plan 8,334 $60.00 $500,040
Peterson Mark Alan EVP & Chief Financial Officer May 7, 2026 Sell pre-set plan 8,696 $57.50 $500,020
Mater Tonya L. SVP & Chief Accounting Officer April 15, 2026 Sell pre-set plan 2,600 $56.50 $146,900
Mater Tonya L. SVP & Chief Accounting Officer April 14, 2026 Sell pre-set plan 2,000 $56.00 $112,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 4 trades and filings

No trades in EPR Properties disclosed in the last 12 months; 4 earlier trades on record.

  • Daniel S. Goldman(D-NY 10):Sale (full), $1,001 - $15,000, traded July 12, 2023, filed August 13, 2023
  • Zoe Lofgren(D-CA 19):Sale (full), $1,001 - $15,000, traded March 16, 2020, filed April 11, 2020
  • Van Taylor(R-TX 3):Sale (full), $1,001 - $15,000, traded March 25, 2019, filed April 15, 2019

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 25, 2027 estimated from the company's past filing pattern, not announced

  • October 28, 2026
  • July 29, 2026
  • May 6, 2026
  • February 25, 2026
  • October 29, 2025
  • July 30, 2025

Recent SEC filings

Data status

When each part of this page on EPR Properties was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

EPR Properties in brief

What does EPR Properties do?
EPR Properties is a US-listed company in the other specialized REITs industry. Its financial year ends in December.
What is EPR Properties's stock ticker?
EPR Properties trades under the ticker EPR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is EPR Properties's revenue, and how fast is it growing?
Over its most recent trailing twelve months, EPR Properties reported revenue of $764M, 7.3% higher than a year earlier, according to its SEC filings.
What is EPR Properties's free cash flow?
EPR Properties's free-cash-flow margin is -28.4% of revenue over the trailing twelve months.
Who are EPR Properties's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is EPR Properties buying back stock, and does it pay a dividend?
EPR Properties spent $13.2M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.6% over the year.
What is EPR Properties's market cap?
On November 2, 2026, EPR Properties's market capitalisation was about $4.6B, with a price-to-earnings ratio of 15.4 and net debt of $3.3B. Market figures come from third-party market data and may be delayed.
Does EPR Properties pay a dividend?
Yes: EPR Properties paid $301M in dividends over the trailing twelve months, a dividend yield of 6.54% and a payout ratio of 101.4%.
Who are EPR Properties's competitors?
In our Other Specialized REITs peer group, the companies closest to EPR Properties are Outfront Media Inc., Innovative Industrial Properties Inc, Lamar Advertising Co, Iron Mountain and Farmland Partners Inc. The side-by-side comparison below sets their revenue, margins and growth against EPR Properties's.
Are insiders buying or selling EPR Properties stock?
Over the last 12 months, EPR Properties's directors and officers reported 0 open-market purchases and 20 sales on Form 4. The insider trading page charts every trade.
When is EPR Properties's next earnings date?
Around January 25, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — EPR Properties announces its own schedule.