Investments and Portfolio - As of December 31, 2025, total investments were approximately $7.0 billion, with Experiential investments comprising $6.6 billion (94%) and Education investments $0.4 billion (6%) of the total [25]. - The wholly-owned Experiential real estate portfolio consisted of approximately 19.0 million square feet, was 99% leased or operated, and included $54.9 million in property under development [28]. - The Education segment consisted of approximately 1.1 million square feet, which was 100% leased, focusing on private schools and early childhood education centers [53]. - The company is focused on diversifying its asset base by property type, geographic location, and customer, targeting experiential business operators [68]. - The company is exploring redevelopment opportunities for existing properties to enhance earnings potential and leverage excess land [66]. Revenue and Financial Performance - Total North American box office revenues for 2025 increased by approximately 1% compared to 2024, indicating a rebound in the theatre industry [29]. - Approximately $97.4 million (13.6%) of total revenue was generated from American Multi-Cinema, Inc. (AMC) and $82.8 million (11.5%) from Regal Entertainment Group for the year ended December 31, 2025 [35]. - The investment in Topgolf contributed approximately $102.3 million (14.2%) to total revenue for the year ended December 31, 2025 [38]. - The company aims to enhance shareholder value by achieving predictable and increasing Funds From Operations As Adjusted (FFOAA) and Adjusted Funds From Operations (AFFO) [55]. Strategic Growth and Development - The company intends to reduce investments in theatres and diversify into other experiential property types, limiting new investments in theatres [34]. - The strategic growth focuses on acquiring or developing a diversified portfolio of experiential real estate venues that facilitate out-of-home leisure and recreation experiences [56]. - The company expects to continue pursuing opportunities in experiential lodging, fitness & wellness, gaming, and cultural investments, reflecting a commitment to diversifying its portfolio [46][48][52]. - The company plans to continue developing and redeveloping properties aligned with growth strategies, emphasizing the importance of signed leases before commencing projects [63]. Capital Structure and Liquidity - The company maintains a conservative capital structure, aiming for a net debt to adjusted EBITDAre ratio that supports financial stability [70]. - As of December 31, 2025, the company had a $1.0 billion unsecured revolving credit facility with no outstanding balance, indicating strong liquidity [307]. - The company relies primarily on an unsecured debt structure to increase access to capital and efficiently match financing needs [71]. Debt Management and Hedging - As of December 31, 2025, the total fixed rate debt amounts to $2,954.6 million with an average interest rate of 4.38% [311]. - The company has entered into an interest rate swap agreement with a notional amount of $25.0 million, capping the variable interest rate at 2.5325% until September 30, 2026 [314]. - The company has six USD-CAD cross-currency swaps effective October 1, 2024, with a total notional value of $170.0 million CAD and $125.0 million USD, locking in an exchange rate of $1.35 CAD per USD on approximately $15.3 million annual CAD cash flows through December 2026 [316]. - Two additional USD-CAD cross-currency swaps effective December 1, 2024, have a total notional value of $90.0 million CAD and $66.2 million USD, also locking in an exchange rate of $1.35 CAD per USD on approximately $8.1 million annual CAD cash flows through December 2026 [317]. - A fair value hedge cross-currency swap effective September 25, 2025, has a notional value of $27.9 million CAD and $20.0 million USD, locking in an exchange rate of $1.246 CAD per USD on approximately $2.2 million annual CAD cash flows through September 2030 [318]. - The company has entered into two forward contracts effective December 19, 2024, with a total notional value of $200.0 million CAD and $142.8 million USD, with an exchange rate of approximately $1.40 CAD per USD [319]. - A separate forward contract effective December 19, 2024, has a notional value of $90.0 million CAD and $64.3 million USD, also at an exchange rate of approximately $1.40 CAD per USD [320]. - The fair value of the company's debt as of December 31, 2025, is estimated by discounting future cash flows using current market rates [313]. - The company is exposed to foreign currency risk due to its Canadian properties, with rents received in CAD, and has implemented hedging strategies to mitigate this risk [315]. - Changes in the fair value of foreign currency derivatives designated as net investment hedges are reported in AOCI, with amounts reclassified into earnings upon sale or liquidation of the hedged net investment [321]. Human Capital Management - The company is committed to human capital management, with 54 full-time associates as of December 31, 2025, focusing on attracting and retaining top talent [78]. Dividends - The company expects to continue paying monthly dividends to common shareholders and quarterly dividends to preferred shareholders, with Series C and G preferred shares having a dividend rate of 5.75% and Series E at 9.00% [75].

EPR Properties (NYSE:EPR) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsAnthony Paolone - Executive DirectorBen Fox - Executive Vice PresidentBrian Moriarty - SVP of Corporate CommunicationsGreg Silvers - Chairman and CEOGreg Zimmerman - EVP and CIOJohn Kilichowski - Executive Director of Equity ResearchMark Peterson - EVP and CFOMichael Carroll - Managing DirectorSmedes Rose - DirectorConference Call ParticipantsJana Gallen - AnalystMichael Goldsmith - US REITs AnalystUpal Rana - ...

EPR Properties (NYSE:EPR) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsAnthony Paolone - Executive DirectorBrian Moriarty - SVP of Corporate CommunicationsGreg Silvers - Chairman and CEOGreg Zimmerman - EVP and CIOJana Galan - DirectorJohn Kilichowski - Executive Director of Equity ResearchMark Peterson - EVP and CFOMichael Carroll - Managing DirectorSmedes Rose - DirectorConference Call ParticipantsMichael Goldsmith - US REITs AnalystUpal Rana - Director and Equity Research Analy ...

EPR Properties (NYSE:EPR) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Speaker2Hello, and welcome to the EPR Properties Q4 and year-end 2025 earnings call. We ask that you please hold all questions until the completion of the formal remarks, at which time you will be given instructions for the question and answer session. As a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time. I will now hand the call over to Brian Moriarty, Senior Vice Pres ...

Q4 2025 EARNINGS CALL PRESENTATION DISCLAIMER The financial results in this document reflect preliminary, unaudited results, which are not final until the Company's Annual Report on Form 10-K is filed. With the exception of historical information, certain statements contained or incorporated by reference herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as a ...

Exhibit 99.3 TABLE OF CONTENTS SECTION PAGE For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof or the date of any document incorporated by reference herein. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expres ...

EPR Properties (NYSE:EPR) is a real estate investment trust (REIT) that focuses on properties in the entertainment, recreation, and education sectors. As a REIT, EPR is required to distribute at least 90% of its taxable income to shareholders, making it an attractive option for income-focused investors. The company competes with other REITs in the market, such as Realty Income and National Retail Properties.EPR is set to release its quarterly earnings on Wednesday, February 25, 2026. Wall Street analysts es ...

Wall Street analysts expect EPR Properties (EPR) to post quarterly earnings of $1.29 per share in its upcoming report, which indicates a year-over-year increase of 5.7%. Revenues are expected to be $155.56 million, up 4.3% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timef ...

Investing in real estate is one of the many ways to generate passive income. Among the most passive real estate investments is buying shares of a real estate investment trust (REIT). A few top REITs pay monthly dividends, enabling you to generate recurring cash flow to help cover your routine expenses. Here's how much you'd need to invest in three top monthly dividend stocks to produce over $250 of passive dividend income each month: Where to invest $1,000 right now? Our analyst team just revealed what t ...

Core Insights - Significant outflows from large-cap tech stocks, particularly the Magnificent Seven, have been observed due to AI capex fatigue in 2026, with these stocks down over 7% year-to-date [2] Group 1: Company Overview - Seeking Alpha has a quantitative stock rating system that interprets data for investors, providing insights on investment directions [3] - The platform's quantitative strategies are led by Steven Cress, who has over 30 years of experience in equity research and portfolio management [3] Group 2: Market Trends - The shift in investment focus is moving from large-cap tech stocks to small-cap and more defensive, income-oriented stocks as investors react to market conditions [2]