EPR Properties (NYSE:EPR) Sets New 12-Month High - Here's What Happened

Shares of EPR Properties (NYSE:EPR - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $58.70 and last traded at $58.59, with a volume of 184452 shares traded. The stock had previously closed at $57.17.

Wall Street Analyst Weigh In

Several research analysts have weighed in on EPR shares. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $58.00 target price on shares of EPR Properties in a research note on Monday, May 19th. Raymond James Financial restated a "strong-buy" rating on shares of EPR Properties in a report on Friday, May 23rd. Wall Street Zen upgraded shares of EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. UBS Group raised their price objective on shares of EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a report on Tuesday, May 13th. Finally, Truist Financial raised 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. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, EPR Properties 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 quick ratio of 8.28 and a current ratio of 8.28. The company has a market capitalization of $4.43 billion, a PE ratio of 35.75, a P/E/G ratio of 4.35 and a beta of 1.27. The company's 50-day simple moving average is $52.97 and its 200-day simple moving average is $49.57.

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, topping analysts' consensus estimates of $1.16 by $0.05. The firm had revenue of $146.36 million for the quarter, compared to the consensus estimate of $155.46 million. EPR Properties had a net margin of 21.13% and a return on equity of 6.30%. The firm's revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.12 earnings per share. As a group, sell-side analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Dividend Announcement

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

Institutional Investors Weigh In On EPR Properties

A number of institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd boosted its stake in shares of 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 valued at $28,000 after purchasing an additional 377 shares during the period. Synergy Investment Management LLC acquired a new stake in shares of EPR Properties during the fourth quarter worth $27,000. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of EPR Properties by 88.9% during 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 period. Allworth Financial LP increased its holdings in shares of EPR Properties by 53.0% in the 1st quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock worth $55,000 after acquiring an additional 393 shares during the period. Finally, Elequin Capital LP bought a new stake in shares of EPR Properties during the 1st quarter worth about $61,000. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

About EPR Properties

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.