EPR Properties (NYSE:EPR) Hits New 52-Week High Following Strong Earnings

Shares of EPR Properties (NYSE:EPR) hit a new 52-week high during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $64.97 and last traded at $63.9740, with a volume of 804794 shares trading hands. The stock had previously closed at $64.32.

The real estate investment trust reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The firm had revenue of $196.08 million for the quarter, compared to analyst estimates of $158.13 million. During the same period last year, the company posted $1.26 EPS. EPR Properties’s quarterly revenue was up 30.4% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS.

EPR Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. EPR Properties’s dividend payout ratio is presently 119.61%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Truist Financial lowered their price target on EPR Properties from $62.00 to $61.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Stifel Nicolaus increased their price objective on EPR Properties from $66.00 to $70.50 and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley upgraded EPR Properties from an “equal weight” rating to an “overweight” rating in a report on Friday, June 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research note on Friday, May 22nd. Finally, Huntington began coverage on shares of EPR Properties in a report on Wednesday, July 15th. 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 issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $64.06.

Insider Buying and Selling at EPR Properties

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total value of $116,220.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 corporate insiders.

Hedge Funds Weigh In On EPR Properties

A number of institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new position in EPR Properties during the third quarter worth $26,000. Fourth Dimension Wealth LLC grew its holdings in EPR Properties by 66.7% in the 4th quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Transamerica Financial Advisors LLC increased 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 worth $29,000 after acquiring an additional 453 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of EPR Properties by 134.1% during the 4th quarter. Larson Financial Group LLC now owns 653 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 374 shares during the period. Finally, Elevation Wealth Partners LLC boosted its position in shares of EPR Properties by 753.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 657 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 580 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Performance

The company has a debt-to-equity ratio of 1.43, a quick ratio of 7.85 and a current ratio of 9.51. The firm’s 50-day moving average price is $59.54 and its two-hundred day moving average price is $56.98. The stock has a market cap of $4.75 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 2.59 and a beta of 1.02.

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.