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EPR PROPERTIES (EPR)

Earnings summaries and quarterly performance for EPR PROPERTIES.

Research analysts who have asked questions during EPR PROPERTIES earnings calls.

Anthony Paolone

JPMorgan Chase & Co.

4 questions for EPR

Also covers: ARE, BDN, BNL +29 more

Michael Carroll

RBC Capital Markets

3 questions for EPR

Also covers: AHR, ARE, COLD +16 more

Upal Rana

KeyBanc Capital Markets

3 questions for EPR

Also covers: ADC, BDN, BNL +9 more

Robert Stevenson

Janney Montgomery Scott LLC

2 questions for EPR

Also covers: ADC, AHH, AIV +17 more

Smedes Rose

Citigroup

2 questions for EPR

Also covers: ADC, DRH, EPRT +16 more

Bennett Rose

Citigroup

1 question for EPR

Also covers: ADC, DRH, EPRT +8 more

Catherine Greg

UBS

1 question for EPR

Also covers: O

Elizabeth Yang Doykan

B. Riley Securities

1 question for EPR

Farrell Granith

BofA Securities

1 question for EPR

Jana Galan

Bank of America

1 question for EPR

Also covers: ADC, AHH, BXP +20 more

John Kalinowski

Wells Fargo Advisors

1 question for EPR

Kathryn Graves

UBS

1 question for EPR

Also covers: FCPT, NTST, PINE +2 more

Kyle Bonke

Truist Securities

1 question for EPR

Michael Goldsmith

UBS

1 question for EPR

Also covers: ADC, AHR, AMH +33 more

Mitch Germain

Citizens JMP

1 question for EPR

Also covers: ALEX, CIGI, CWK +13 more

Nitin Kumar

Mizuho Securities USA

1 question for EPR

Also covers: AR, BKV, CNX +8 more

Rob Stevenson

Janney Montgomery Scott

1 question for EPR

Also covers: ADC, ALEX, CSR +8 more

Spenser Allaway

Green Street

1 question for EPR

Also covers: ADC, BNL, CUBE +6 more

Spenser Glimcher

Green Street Advisors, LLC

1 question for EPR

Also covers: ADC, CUBE, NNN +3 more

William John Kilichowski

Wells Fargo

1 question for EPR

Also covers: ADC, CTRE, EPRT +14 more

Recent press releases and 8-K filings for EPR.

EPR Properties Announces Common Share Offering of up to $400 Million
EPR
New Projects/Investments
  • EPR Properties entered into a Distribution Agreement on December 5, 2025, for the offer and sale of its common shares.
  • The aggregate offering price for these common shares is up to $400,000,000.
  • The company intends to use the net proceeds for general corporate purposes, including funding acquisition and build-to-suit projects, working capital, and reducing outstanding indebtedness.
  • Sales of shares may be made through various agents, with a commission that will not exceed 2.0% of the gross sales price.
Dec 5, 2025, 10:27 PM
EPR Properties Completes $550 Million Senior Notes Offering
EPR
Debt Issuance
  • EPR Properties completed a public offering of $550 million aggregate principal amount of its 4.750% Senior Notes due 2030 on November 13, 2025.
  • The notes are senior unsecured obligations and will accrue interest at 4.750% per year from November 13, 2025, payable semi-annually, with a maturity date of November 15, 2030.
  • The company is subject to negative covenants, including maintaining total unencumbered assets of at least 150% of its unsecured debt.
  • Legal counsel provided an opinion confirming the company's qualification as a REIT for U.S. federal income tax purposes from December 31, 1997, through December 31, 2024, and its ability to continue meeting these requirements for current and subsequent taxable years.
Nov 13, 2025, 9:14 PM
EPR Properties Enters Underwriting Agreement for Senior Notes Offering
EPR
Debt Issuance
  • On November 3, 2025, EPR Properties entered into an underwriting agreement for the issuance and sale of $550,000,000 aggregate principal amount of 4.750% Senior Notes due 2030.
  • The notes will be sold to underwriters, including J.P. Morgan Securities LLC, BofA Securities, Inc., Barclays Capital Inc., and RBC Capital Markets, LLC, at a price equal to 98.200% of the aggregate principal amount.
  • The Securities are expected to be issued pursuant to an Indenture dated as of November 13, 2025.
Nov 4, 2025, 9:25 PM
EPR Properties Reports Q3 2025 Results and Updates 2025 Guidance
EPR
Earnings
Guidance Update
New Projects/Investments
  • EPR Properties reported Q3 2025 FFO as adjusted per share of $1.37, a 5.4% increase year-over-year, and AFFO per share of $1.39, a 7.8% increase year-over-year.
  • The company updated its 2025 FFO as adjusted per share guidance to a range of $5.05 to $5.13 and narrowed its 2025 investment spending guidance to $225 million to $275 million.
  • Q3 2025 investment spending totaled $54.5 million, entirely within the experiential portfolio, and the company increased its 2025 disposition guidance to a range of $150 million to $160 million.
  • EPR Properties plans to materially accelerate capital deployment in 2026, targeting a $400 million to $500 million investment range, noting this is achievable without the pending Catskills land sale transaction.
Oct 30, 2025, 12:30 PM
EPR Properties Reports Q3 2025 Earnings and Updates 2025 Guidance
EPR
Earnings
Guidance Update
New Projects/Investments
  • EPR Properties reported Q3 2025 FFO as adjusted per share of $1.37, a 5.4% increase over the prior year, and AFFO per share of $1.39, an increase of 7.8%.
  • The company updated its 2025 FFO as adjusted per share guidance to a range of $5.05-$5.13 and narrowed its investment spending guidance to $225 million-$275 million.
  • EPR Properties increased its 2025 disposition guidance to a range of $150 million-$160 million and reported Q3 investment spending of $54.5 million, entirely within its experiential portfolio.
  • The balance sheet remains strong with net debt to annualized adjusted EBITDAre at 4.9x, and the company expects to materially accelerate investment spending in 2026 to a $400-$500 million range without requiring the Genting transaction or additional strategic capital recycling.
Oct 30, 2025, 12:30 PM
EPR Announces Q3 2025 Results and Updated 2025 Guidance
EPR
Earnings
Guidance Update
New Projects/Investments
  • EPR reported Q3 2025 Total Revenue of $182.3 million, a 1.0% increase year-over-year, with Net Income per share rising 49.1% to $0.79 and AFFO per share increasing 7.8% to $1.39.
  • The company revised its 2025 FFO as adjusted per share guidance to $5.05 - $5.13 and increased its disposition proceeds guidance to $150 million - $160 million.
  • EPR's total portfolio represents ~$6.9 billion in investments across 330 properties, with Q3 investment spending at $54.5 million and year-to-date spending reaching $140.8 million. Total portfolio coverage remained strong at 2.0x for the trailing twelve months ended September 2025.
  • The North American Box Office Gross (NABOG) for the first three quarters of 2025 was $6.5 billion, a 4% increase over 2024, with full-year 2025 NABOG expectations between $9 billion and $9.2 billion.
Oct 30, 2025, 12:30 PM
EPR Properties Reports Q3 2025 Results and Updates 2025 Guidance
EPR
Earnings
Guidance Update
New Projects/Investments
  • EPR Properties reported Q3 2025 FFO as adjusted per share of $1.37, a 5.4% increase year-over-year, and AFFO per share of $1.39, a 7.8% increase.
  • The company updated its 2025 guidance, increasing FFO as adjusted per share to a range of $5.05 to $5.13 (representing 4.5% growth at the midpoint) and raising disposition guidance to $150 million to $160 million. Investment spending guidance was narrowed to $225 million to $275 million.
  • EPR's balance sheet remains strong with net debt to annualized adjusted EBITDAre at 4.9 times, below its targeted range, enabling plans to materially accelerate capital deployment in 2026.
  • Q3 2025 investment spending totaled $54.5 million, exclusively in the experiential portfolio, which accounts for 94% of total investments and is 99% leased or operated.
Oct 30, 2025, 12:30 PM
EPR Properties Announces Q3 2025 Results and Updates 2025 Guidance
EPR
Earnings
Guidance Update
New Projects/Investments
  • EPR Properties reported Q3 2025 total revenue of $182.3 million, a 1.0% increase year-over-year, with net income available to common shareholders per diluted common share of $0.79 (up 49.1%), FFOAA per diluted common share of $1.37 (up 5.4%), and AFFO per diluted common share of $1.39 (up 7.8%) compared to Q3 2024.
  • The company updated its 2025 guidance, increasing FFOAA per diluted common share to a range of $5.05 to $5.13 (from $5.00 to $5.16) and disposition proceeds to $150.0 million to $160.0 million (from $130.0 million to $145.0 million). Investment spending guidance was narrowed to $225.0 million to $275.0 million.
  • Investment spending totaled $54.5 million in Q3 2025, bringing year-to-date spending to $140.8 million. The company also sold properties for $19.3 million in proceeds during Q3 2025, with year-to-date disposition proceeds reaching $133.8 million.
  • As of September 30, 2025, EPR Properties maintained a strong liquidity position with $13.7 million in cash on hand and $379.0 million outstanding on its $1.0 billion unsecured revolving credit facility, with no scheduled debt maturities until August 2026.
Oct 29, 2025, 8:15 PM
EPR Properties Reports Strong Q3 2025 Results and Raises 2025 Guidance
EPR
Earnings
Guidance Update
New Projects/Investments
  • EPR Properties reported Total revenue of $182.3 million for the third quarter ended September 30, 2025, a 1.0% increase from the prior year, and Net income available to common shareholders of $60.55 million, up 49.1%. FFOAA per diluted common share was $1.37, a 5.4% increase compared to Q3 2024.
  • The company increased its FFOAA per diluted common share guidance for 2025 to a range of $5.05 to $5.13 from a previous range of $5.00 to $5.16, representing a 4.5% increase at the midpoint over 2024.
  • Investment spending for Q3 2025 totaled $54.5 million, bringing year-to-date investment spending to $140.8 million. Disposition proceeds for Q3 2025 were $19.3 million, contributing to year-to-date proceeds of $133.8 million.
  • As of September 30, 2025, the company maintained a strong liquidity position with $13.7 million of cash on hand and $379.0 million outstanding on its $1.0 billion unsecured revolving credit facility, with no scheduled debt maturities until August 2026.
Oct 29, 2025, 8:15 PM