EPR Properties (NYSE:EPR) Sets New 52-Week High – Here’s What Happened

Shares of EPR Properties (NYSE:EPR) reached a new 52-week high during trading on Monday . The stock traded as high as $54.12 and last traded at $54.15, with a volume of 136781 shares trading hands. The stock had previously closed at $53.07.

Wall Street Analyst Weigh In

Several research analysts have issued reports on EPR shares. UBS Group started coverage on shares of EPR Properties in a research report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 price target on the stock. Stifel Nicolaus boosted their target price on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research report on Thursday. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $50.00 target price on shares of EPR Properties in a report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $48.50.

EPR Properties Price Performance

The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The stock has a market capitalization of $4.09 billion, a P/E ratio of 23.40 and a beta of 1.75. The stock’s fifty day moving average is $46.85 and its 200-day moving average is $46.68.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating the consensus estimate of $0.66 by $0.56. The company had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. On average, equities analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.295 dividend. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 annualized dividend and a dividend yield of 6.55%. EPR Properties’s dividend payout ratio (DPR) is presently 213.75%.

Institutional Trading of EPR Properties

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brooklyn Investment Group bought a new stake in shares of EPR Properties in the third quarter valued at about $27,000. Synergy Investment Management LLC acquired a new position in EPR Properties in the 4th quarter valued at approximately $27,000. GAMMA Investing LLC lifted its position in shares of EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 302 shares during the period. Principal Securities Inc. grew its holdings in shares of EPR Properties by 54.5% during the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 457 shares in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of EPR Properties during the 4th quarter worth approximately $60,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.