EPR Properties (NYSE:EPR) Sets New 12-Month High After Dividend Announcement

EPR Properties (NYSE:EPR) hit a new 52-week high on Thursday following a dividend announcement from the company. The company traded as high as $62.11 and last traded at $62.1120, with a volume of 784403 shares trading hands. The stock had previously closed at $60.13.

The newly announced dividend which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.0%. EPR Properties’s dividend payout ratio is presently 115.17%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on EPR. Royal Bank Of Canada upped their target price on shares of EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. UBS Group set a $70.00 price target on EPR Properties in a research note on Thursday, July 2nd. Morgan Stanley upgraded EPR Properties from an “equal weight” rating to an “overweight” rating in a report on Friday, June 12th. Citizens Jmp reaffirmed a “market outperform” rating and set a $70.00 price objective on shares of EPR Properties in a research report on Thursday, July 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $63.50.

EPR Properties Stock Performance

The stock’s 50-day moving average price is $58.53 and its 200 day moving average price is $56.10. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85. The firm has a market cap of $4.75 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 2.43 and a beta of 1.02.

EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.02). The business had revenue of $181.25 million for the quarter, compared to analyst estimates of $150.01 million. EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. As a group, equities analysts predict that EPR Properties will post 5.31 EPS for the current year.

Insider Activity at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total transaction of $116,220.00. Following the completion of the transaction, the senior vice president directly owned 14,213 shares in the company, valued at $825,917.43. This represents a 12.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is currently owned by corporate insiders.

Institutional Trading of EPR Properties

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Virtus Investment Advisers LLC raised its holdings in EPR Properties by 6.2% during the fourth quarter. Virtus Investment Advisers LLC now owns 3,253 shares of the real estate investment trust’s stock worth $162,000 after acquiring an additional 191 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in EPR Properties by 25.5% during the first quarter. SJS Investment Consulting Inc. now owns 979 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 199 shares during the last quarter. Fourth Dimension Wealth LLC grew its stake in EPR Properties by 66.7% in the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Texas Yale Capital Corp. grew its stake in EPR Properties by 1.4% in the fourth quarter. Texas Yale Capital Corp. now owns 14,050 shares of the real estate investment trust’s stock valued at $701,000 after purchasing an additional 200 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in EPR Properties by 6.1% in the fourth quarter. Global Retirement Partners LLC now owns 3,856 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 221 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.