• analysts not keen but tgt is high $55! https://www.tipranks.com/stocks/epr/forecast
• 🙂 CDY around 4%.. good trend till Apr 2020. Recovered in mid 2021 https://www.macrotrends.net/stocks/charts/EPR/epr-properties/dividend-yield-history
• $3B mid-cap
• 5Y? no growth. Long way from pre-covid $80 price

— Jan 2022 on fool.com

EPR Properties is a specialty REIT focused on experiential properties like movie theaters and attractions. While the pandemic hit these properties hard, demand for experiences has started recovering in the past year. For example, the recent Spider-Man movie had the second-highest North American box office opening weekend in history. Because of the recovery in experiences, EPR’s tenants have the cash to pay rent, putting its recently reinstated 6.3%-yielding dividend on a firmer foundation. 

The REIT spent much of the pandemic making sure it could stay afloat by focusing on shoring up its financial situation. Because of that, it now has an investment-grade credit rating (increasing its access to funding) and lots of liquidity (cash and available credit). That’s giving it the financial flexibility to expand its portfolio. The company aims to increase its exposure to non-theater experiences like eat-and-play venues, gaming facilities, and other attractions to take advantage of what it expects will be a boom in demand for experiences following two years of a pandemic. Those deals could enable ERP to increase its already big-time dividend.