EPR Properties (NYSE:EPR) Hits New 12-Month High - Time to Buy?

EPR Properties (NYSE:EPR - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $56.99 and last traded at $56.84, with a volume of 108926 shares trading hands. The stock had previously closed at $56.61.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on EPR. Stifel Nicolaus lifted their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a research note on Thursday, February 27th. Truist Financial lifted their target price on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research note on Monday, May 19th. Wells Fargo & Company lifted their target price on shares of EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a research note on Monday, June 2nd. Royal Bank of Canada reissued an "outperform" rating and issued a $58.00 price target on shares of EPR Properties in a research report on Monday, May 19th. Finally, Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $54.57.

EPR Properties Stock Performance

The company has a market cap of $4.37 billion, a P/E ratio of 24.89 and a beta of 1.27. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock's 50-day moving average price is $51.38 and its 200 day moving average price is $48.98.

EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.05. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $146.36 million for the quarter, compared to analyst estimates of $155.46 million. During the same quarter in the previous 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 expect that EPR Properties will post 4.65 EPS 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. Investors of record on Monday, June 30th will be given a dividend of $0.295 per share. EPR Properties's dividend payout ratio (DPR) is currently 217.18%.

Insider Buying and Selling

In related news, CAO Tonya L. Mater sold 3,120 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares of the company's stock, valued at approximately $2,430,321.30. The trade was a 6.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares in the company, valued at $795,395.01. This trade represents a 14.05% decrease in their position. The disclosure for this sale can be found here. 2.31% of the stock is currently owned by insiders.

Institutional Investors Weigh In On EPR Properties

Several institutional investors and hedge funds have recently bought and sold shares of EPR. Wealthfront Advisers LLC bought a new stake in EPR Properties in the 4th quarter valued at $302,313,000. Deutsche Bank AG lifted its position in EPR Properties by 3,816.2% during the 1st quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust's stock worth $98,642,000 after buying an additional 1,827,098 shares in the last quarter. Norges Bank acquired a new position in EPR Properties during the 4th quarter worth about $41,148,000. Russell Investments Group Ltd. lifted its position in EPR Properties by 378.0% during the 1st quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust's stock worth $43,221,000 after buying an additional 649,675 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in EPR Properties during the 1st quarter worth about $21,166,000. Institutional investors own 74.66% of the company's stock.

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.