This Stock Has a 6.5% Dividend Yield and Tremendous Upside Potential
EPR Properties (NYSE: EPR) is a real estate investment trust, or REIT, that specializes in experiential properties. It owns movie theater properties, waterparks, ski resorts, eat-and-play properties, and more.Thanks to solid results in its business, as well as the somewhat lower interest rate environment, EPR recently reached a new 52-week high. However, the fact remains that conditions are not yet favorable for growth -- the keyword being "yet." This company has a massive, long-tailed opportunity for patient investors, and an excellent dividend yield for those willing to buy and hold.As of the end of 2024, EPR Properties owned 346 locations in the U.S. and Canada. Movie theaters make up 37% of the rental income, accounting for the largest share, and are also the largest ongoing risk factor since the future of the movie industry isn't exactly certain. However, EPR is actively seeking to reduce this exposure, and it has done a great job of it so far. Its next largest property type is eat-and-play properties, which account for another 24%. TopGolf is one of its largest tenants.Continue reading
EPR Properties (NYSE: EPR) is a real estate investment trust, or REIT, that specializes in experiential properties. It owns movie theater properties, waterparks, ski resorts, eat-and-play properties, and more.
Thanks to solid results in its business, as well as the somewhat lower interest rate environment, EPR recently reached a new 52-week high. However, the fact remains that conditions are not yet favorable for growth -- the keyword being "yet." This company has a massive, long-tailed opportunity for patient investors, and an excellent dividend yield for those willing to buy and hold.
As of the end of 2024, EPR Properties owned 346 locations in the U.S. and Canada. Movie theaters make up 37% of the rental income, accounting for the largest share, and are also the largest ongoing risk factor since the future of the movie industry isn't exactly certain. However, EPR is actively seeking to reduce this exposure, and it has done a great job of it so far. Its next largest property type is eat-and-play properties, which account for another 24%. TopGolf is one of its largest tenants.
