EPR Properties (EPR)

EPR Properties' stock experienced a peak in July 2025 followed by a pullback. The company reported strong Q2 and Q3 2025 earnings, exceeding expectations. Analyst ratings saw several changes, including upgrades, downgrades, and price target adjustments. An EVP sold shares in February 2026. The company declared monthly cash dividends, representing an annualized increase of 3.5%. The Q4 2025 financial results are scheduled for release in February 2026.

Demand seasonality for EPR Properties is linked to its experiential and educational properties. Experiential properties' demand is tied to consumer discretionary spending, with higher demand during holidays and school breaks. Ski resorts peak in winter, while education properties are more stable. EPR tailors investments to regional preferences and balances seasonal impacts through diversification.

EPR Properties is a diversified experiential net lease REIT specializing in properties where consumers spend their discretionary time and money, operating primarily within the Real Estate sector. Its major products are the real estate itself, leased under long-term, triple-net lease agreements. The portfolio is divided into Experiential (94% of investments), including theaters, eat & play venues, attractions, ski resorts, experiential lodging, gaming, cultural, and fitness & wellness properties, and Education, including early childhood education centers and private school properties.

EPR Properties has a significant geographic footprint across the United States and Canada, with properties located in 44 U.S. states and the Canadian provinces of Ontario and Quebec. As of December 31, 2024, its total assets were valued at approximately $5.6 billion.

EPR Properties maintains a reputation as a leading diversified experiential net lease REIT, focusing on enduring experiential properties and strategic portfolio rebalancing. The company's consistent dividend payments and strong occupancy rates contribute to a positive perception. However, concerns about box office growth sustainability and tenant exposure have been noted.

EPR Properties' ownership is a mix of institutional, retail, and individual investors, with approximately 51.28% held by Institutional Investors, 1.87% by Insiders, and 46.85% by Public Companies and Individual Investors. Major institutional owners include Vanguard Group Inc. and BlackRock, Inc. Gregory K. Silvers, the CEO & President, and EVP Gregory E. Zimmerman are notable individual owners.