EPR Properties (NYSE:EPR) Sets New 52-Week High After Dividend Announcement

EPR Properties (NYSE:EPR)’s share price reached a new 52-week high during mid-day trading 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. The stock had previously closed at $60.13.

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

Analyst Ratings Changes

EPR has been the topic of a number of research reports. Citigroup reiterated a “market outperform” rating on shares of EPR Properties in a report on Thursday, July 2nd. 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. Weiss Ratings reiterated a “buy (b)” rating on shares of EPR Properties in a research note on Friday, May 22nd. UBS Group set a $70.00 target price on shares of EPR Properties in a research report on Thursday, July 2nd. Finally, Huntington assumed coverage on shares of EPR Properties in a research note on Wednesday. They set an “outperform” rating and a $65.00 target price for the company. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.50.

EPR Properties Price Performance

The company has a market cap of $4.76 billion, a price-to-earnings ratio of 19.25, a price-to-earnings-growth ratio of 2.52 and a beta of 1.02. The company has a fifty day moving average price of $58.60 and a two-hundred day moving average price of $56.15. The company has a current ratio of 7.85, a quick ratio of 7.85 and a debt-to-equity ratio of 1.27.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). The firm had revenue of $181.25 million during the quarter, compared to analyst estimates of $150.01 million. EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. 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 earnings per share. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. As a group, equities research analysts anticipate that EPR Properties will post 5.31 EPS for the current fiscal year.

Insider Activity at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the firm’s 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 of the company’s stock, valued at approximately $825,917.43. This trade represents a 12.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Hedge funds have recently modified their holdings of the stock. Fourth Dimension Wealth LLC grew its position 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 acquiring an additional 200 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of EPR Properties during the third quarter valued at $26,000. Transamerica Financial Advisors LLC boosted its stake in shares of EPR Properties by 356.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 580 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 453 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of EPR Properties by 134.1% in the 4th quarter. Larson Financial Group LLC now owns 653 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 374 shares during the last quarter. Finally, True Wealth Design LLC increased its position in shares of EPR Properties by 48.2% during the 4th quarter. True Wealth Design LLC now owns 683 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 222 shares in the last quarter. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Company Profile

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.