EPR Properties (NYSE:EPR) Hits New 12-Month High - What's Next?

EPR Properties (NYSE:EPR - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $59.91 and last traded at $59.76, with a volume of 100110 shares trading hands. The stock had previously closed at $58.97.

Wall Street Analyst Weigh In

EPR has been the subject of a number of recent analyst reports. Raymond James Financial restated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Truist Financial upped their target price on EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a report on Monday, May 19th. Stifel Nicolaus upgraded EPR Properties from a "hold" rating to a "buy" rating and increased their price objective for the stock from $52.00 to $65.00 in a report on Friday, June 20th. UBS Group increased their price objective on EPR Properties from $52.00 to $56.00 and gave the stock a "neutral" rating in a report on Tuesday, May 13th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $58.00 price objective on shares of EPR Properties in a report on Monday, May 19th. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $56.43.

EPR Properties Price Performance

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 company has a market capitalization of $4.55 billion, a PE ratio of 36.69, a PEG ratio of 4.49 and a beta of 1.27. The firm has a 50-day moving average of $55.41 and a 200 day moving average of $50.79.

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

EPR Properties Dividend Announcement

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

Insiders Place Their Bets

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were 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. The trade was a 6.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.31% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its position in EPR Properties by 235.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 377 shares during the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in EPR Properties by 88.9% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock worth $45,000 after purchasing an additional 400 shares during the last quarter. Allworth Financial LP boosted its position in EPR Properties by 53.0% in the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock worth $55,000 after purchasing an additional 393 shares during the last quarter. Elequin Capital LP purchased a new position in EPR Properties in the first quarter worth about $61,000. Finally, Brown Brothers Harriman & Co. purchased a new position in EPR Properties in the fourth quarter worth about $60,000. 74.66% of the stock is owned by hedge funds and other institutional investors.

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.