EPR Properties (NYSE:EPR) Hits New 52-Week High - Should You Buy?

EPR Properties (NYSE:EPR - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $59.37 and last traded at $59.32, with a volume of 169765 shares trading hands. The stock had previously closed at $59.02.

Wall Street Analyst Weigh In

EPR has been the topic of several research analyst reports. Stifel Nicolaus raised EPR Properties from a "hold" rating to a "buy" rating and increased their price target for the company from $52.00 to $65.00 in a report on Friday, June 20th. Wall Street Zen raised EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Truist Financial increased their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a report on Monday, May 19th. Royal Bank Of Canada restated an "outperform" rating and set a $58.00 price objective on shares of EPR Properties in a research report on Monday, May 19th. Finally, Wells Fargo & Company increased their target price on EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a research report on Monday, June 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $56.43.

EPR Properties Price Performance

The firm has a market cap of $4.49 billion, a P/E ratio of 36.20, a PEG ratio of 4.45 and a beta of 1.27. The company has a debt-to-equity ratio of 1.20, a current ratio of 8.28 and a quick ratio of 8.28. The stock's 50-day simple moving average is $54.44 and its two-hundred day simple moving average is $50.27.

EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a net margin of 21.13% and a return on equity of 6.30%. The firm had revenue of $146.36 million during the quarter, compared to analysts' expectations of $155.46 million. During the same period in the previous year, the company earned $1.12 EPS. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. Equities research analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.295 per share. This represents a yield of 6.3%. The ex-dividend date is Monday, June 30th. EPR Properties's payout ratio is currently 217.18%.

Insider Buying and Selling

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $58.37, for a total transaction of $437,775.00. Following the completion of the sale, the executive vice president directly owned 103,877 shares in the company, valued at approximately $6,063,300.49. This trade represents a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.31% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Kera Capital Partners Inc. bought a new stake in shares of EPR Properties during the second quarter valued at approximately $370,000. Goldman Sachs Group Inc. increased its holdings in EPR Properties by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 96,061 shares of the real estate investment trust's stock worth $5,054,000 after purchasing an additional 976 shares during the period. Voya Investment Management LLC raised its position in EPR Properties by 29.4% during the 1st quarter. Voya Investment Management LLC now owns 91,701 shares of the real estate investment trust's stock valued at $4,824,000 after purchasing an additional 20,814 shares in the last quarter. Strs Ohio bought a new stake in EPR Properties during the 1st quarter valued at $8,691,000. Finally, Focus Partners Wealth lifted its holdings in shares of EPR Properties by 13.6% in the 1st quarter. Focus Partners Wealth now owns 8,861 shares of the real estate investment trust's stock worth $466,000 after buying an additional 1,062 shares during the period. Hedge funds and other institutional investors own 74.66% of the company's stock.

EPR Properties Company Profile

EPR Properties NYSE: EPR is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.

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