EPR Properties reported second-quarter 2026 total revenue of $196.1 million, up from $178.1 million a year earlier, and raised its full-year FFO as adjusted per share guidance to a range of $5.41 to $5.57. The company deployed a post-COVID high of $440.8 million in investments during the quarter at an average initial cash yield of approximately 8.5%, bringing year-to-date investment spending to $492.2 million, and increased its 2026 investment spending guidance to $600 million to $700 million. FFO as adjusted per share rose 12.7% to $1.42, while AFFO per share climbed 15.3% to $1.43. The portfolio of 346 properties remained 99% leased or operated, with unit-level rent coverage steady at 2 times, and the company established a new $1.6 billion credit agreement to strengthen its financial position.
EPR PropertiesRaises 2026 FFO guidance and reports record investment spending with strong yields.