Investors with an interest in REIT and Equity Trust - Retail stocks have likely encountered both EPR Properties (EPR) and Federal Realty Investment Trust (FRT). But which of these two stocks presents investors with the better value opportunity right now?
I am upgrading EPR Properties to a 'strong buy' as capital recycling and portfolio health drive a bullish outlook. EPR's aggressive disposition of underperforming theatre assets enhances portfolio productivity and supports diversification efforts. The experiential sector's post-pandemic growth and robust tenant demand underpin EPR's improving fundamentals, especially with growing CAPEX on the radar.
EPR Properties (EPR) offers an attractive entry point after a recent pullback, with a well-covered yield above 6% and strong fundamentals. EPR is actively reducing theater exposure, increasing experiential assets, and reported robust Q3 financials, including AFFO growth and raised guidance. The REIT's balance sheet is solid, with low leverage, ample liquidity, and no near-term debt maturities, supporting future growth initiatives.
| - Industry | - Sector | Gregory K. Silvers CEO | XSTU Exchange | US26884U1097 ISIN |
| US Country | 55 Employees | 28 Nov 2025 Last Dividend | - Last Split | 18 Nov 1997 IPO Date |
EPR Properties (NYSE: EPR) stands out as a leading diversified experiential net lease real estate investment trust (REIT), eminent in the real estate industry for concentrating on select enduring experiential properties. With a portfolio spread across 44 states, valued at approximately $5.7 billion after accounting for accumulated depreciation of around $1.4 billion, EPR Properties aims to create value through real estate venues that enable out-of-home leisure and recreation experiences. By focusing on venues where consumers willingly invest their discretionary time and money, EPR Properties positions itself uniquely within the market. Their rigorous underwriting and investment criteria, anchored in industry, property, and tenant level cash flow standards, underlines a commitment to generating stable and attractive returns, providing them with a competitive edge in the sector.
EPR Properties specializes in investments that facilitate leisure and recreation experiences, highlighting its focus on properties that enable out-of-home consumer activities. Below are the primary categories of investments that define their portfolio: