EPR Properties (NYSE:EPR) Hits New 1-Year High After Dividend Announcement

EPR Properties (NYSE:EPR)’s share price hit 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 traded. 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 issued 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 payout ratio is currently 115.17%.

Wall Street Analysts Forecast Growth

EPR has been the topic of several recent analyst reports. Citizens Jmp reiterated a “market outperform” rating and set a $70.00 price objective on shares of EPR Properties in a research report on Thursday, July 2nd. UBS Group set a $70.00 target price on shares of EPR Properties in a report on Thursday, July 2nd. Weiss Ratings restated a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Citigroup reissued a “market outperform” rating on shares of EPR Properties in a research report on Thursday, July 2nd. Finally, Huntington started coverage on EPR Properties in a research report on Wednesday. They set an “outperform” rating and a $65.00 target price for the company. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, EPR Properties has an average rating of “Moderate Buy” and an average price target of $63.50.

EPR Properties Trading Up 3.3%

The stock has a market capitalization of $4.75 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company has a 50-day moving average price of $58.44 and a 200 day moving average price of $56.02. 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 quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.02). EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The firm had revenue of $181.25 million during the quarter, compared to analysts’ expectations of $150.01 million. During the same period in the previous year, the firm earned $1.21 EPS. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. On average, research analysts forecast that EPR Properties will post 5.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

Hedge Funds Weigh In On EPR Properties

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fourth Dimension Wealth LLC grew its position in EPR Properties by 66.7% during the 4th quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of EPR Properties during the third quarter worth $26,000. Strategic Advocates LLC purchased a new stake in shares of EPR Properties during the third quarter valued at $27,000. Transamerica Financial Advisors LLC grew its holdings in shares of EPR Properties by 356.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 580 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 453 shares during the last quarter. Finally, Larson Financial Group LLC increased its position 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 valued at $33,000 after acquiring an additional 374 shares during the period. 74.66% of the stock is owned by hedge funds and other institutional investors.

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.