EPR Entertainment Properties Trust featured news, full reports, and detailed charts
Entertainment Properties Trust (EPR) Wrap Up:
Entertainment Properties Trust, a real estate investment trust (REIT), develops, owns, leases, and finances entertainment and related properties in the United States and Canada. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. As of December 31, 2007, the company had a real estate portfolio of 79 megaplex theatre properties located in 26 states in the U.S. and Ontario, Canada; 1 additional theatre property under development; 8 entertainment retail centers located in Westminster, Colorado, New Rochelle, New York, White Plains, New York, Burbank, California, and Ontario, Canada; and 1 additional entertainment retail center under development and land parcels leased to restaurant and retail operators. Entertainment Properties Trust qualifies as a REIT under the Internal Revenue Code and would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1997 and is based in Kansas City, Missouri.Entertainment Properties Trust (EPR:NYSE)
Snapshot of Entertainment Properties Trust (EPR)
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OPEN
$30.74
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PREVIOUS CLOSE
$30.90
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DAY HIGH
$31.15
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DAY LOW
$30.66
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52 WEEK HIGH
09/17/09 - $36.10
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52 WEEK LOW
03/6/09 - $11.88
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MARKET CAP
1.1B
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AVERAGE VOLUME 3 mo
1.2M
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DILUTED EPS TTM
$0.06
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SHARES OUTSTANDING
36.5M
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EX-DATE
09/28/09
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P/E TTM
545.6x
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DIVIDEND
$2.60
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DIVIDEND YIELD
8.37%
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| K = Thousands M = Millions B = Billions | ||
EPR Top Compensated Officers
Executives, Board Directors
Key developments for Entertainment Properties Trust (EPR)
Entertainment Properties Trust announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. Total revenue was $68.1 million for the third quarter of 2009 compared to $75.0 million for the same quarter in 2008. Net loss available to common shareholders was $66.8 million, or $1.89 per diluted common share compared to net income available to common shareholders of $28.5 million or $0.88 per diluted common share, for the same quarter in 2008. Funds From Operations (FFO) for the third quarter of 2009 was $30.4 million or $0.86 per share before non-cash charges for loan loss provisions and an impairment totaling $101.6 million. Including these non-cash charges, the company incurred a FFO loss of $71.2 million or $2.01 per share compared to FFO of $38.9 million or $1.19 per share for same quarter in 2008. Loss from continuing operations was $75.4 million or $1.89 per diluted share against income of $35.6 million or $0.88 per diluted share for the same period of last year. For the nine months ended September 30, 2009, total revenue was $201.5 million compared to $209.6 million for the same period in 2008. Net loss available to common shareholders was $28.9 million, or $0.83 per diluted share, versus net income available to common shareholders of $73.9 million, or $2.42 per diluted share, for the same period last year. FFO for the nine months ended September 30, 2009 was $89.5 million or $2.56 per share before the non-cash charges. Including the non-cash charges, the company incurred a FFO loss of $12.1 million or $0.35 per diluted share compared to FFO of $104.2 million or $3.39 per diluted share in the year ago period. Loss from continuing operations was $25.3 million or $0.83 per diluted share against income of $93.0 million or $2.41 per diluted share for the same period of last year. For the quarter, the company reported impaired charges of $35.8 million. The company is revising its FFO per share guidance for 2009 (excluding charges) to $3.35 to $3.40 from its previous guidance of $3.40 to $3.60. This guidance reflects the revised outlook on the timing of the resolution on the Toronto Dundas Square Project, the impact of the company's issuance of common shares in the third quarter and the impact of lower contribution from notes receivable. The revised guidance excludes any transaction costs associated with the acquisition of the Toronto Dundas Square Project. Additionally, the Company is announcing 2010 guidance for FFO per share of $3.40 - $3.50, excluding the impact of any investment spending in 2010.
Entertainment Properties Trust expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 30, 2009).
Entertainment Properties Trust, Q3 2009 Earnings Call, Nov-04-2009
EPR Competitors
| Company | Last | Change | |
| No competitor information is available for EPR. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | EPR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 4.0x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 14.7x |
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| TEV/Sales | NM | Not Meaningful |
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EPR |
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EPR transactions
| Type Date |
Target |
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Merger/Acquisition
September 7, 2009 |
Imagine Schools, Inc., 22 Locations |
