EPR - EPR Properties: High Dividend Yield And Large Margin Of Safety
2024-06-17 16:09:27 ET
Summary
- EPR Properties is a specialized REIT focused on experiential properties.
- Management intends to shift focus away from the education segment to the experiential economy.
- Despite recent underperformance, the stock offers appealing valuation and moderate risks.
Dear readers,
EPR Properties ( EPR ) is a specialized REIT focused on investing in (primarily) experiential properties. The REIT holds a mix of property types, such as:
- movie theatres,
- eat & play concepts such as Topgolf, go-karting, and bowling venues,
- other attractions such as water and theme parks, and ski resorts,
- and a 7% minority position in Early Childhood Education facilities and private schools.