EPR Properties (NYSE:EPR) is included among the 13 Highest Paying Monthly Dividend Stocks to Buy.
On December 2, JPMorgan lowered its price target on EPR Properties to $58 from $65 and kept an Overweight rating on the stock. The firm cut its 2026 and 2027 estimates to reflect lower deal volume, no Catskills land sale, and softer percentage rent assumptions.
A few days later, on December 4, EPR Properties announced the completion of the acquisition and leaseback of a five-property portfolio of championship golf courses. It also closed on the acquisition and leaseback of the Ocean Breeze Water Park in Virginia Beach, Virginia. The combined investments totaled $113 million and carry a blended cap rate of 8.6%.
With these deals and other investments, EPR Properties now expects total investment spending of about $285 million. That’s above its earlier guidance range of $225 million to $275 million. The golf portfolio includes five semi-private championship courses in the Dallas metro area. Each site offers full-service food and beverage options and complete practice facilities. The properties will be leased to and operated by Advance Golf Partners, a group with experience running daily-fee golf courses.
EPR Properties focuses on experiential real estate. Its portfolio includes movie theaters, eat-and-play venues, casinos, ski resorts, gaming properties, themed lodging, amusement and water parks, fitness centers, and similar destinations.
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