EPR Properties (NYSE:EPR) Reaches New 12-Month High – What’s Next?

EPR Properties (NYSE:EPR)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $50.31 and last traded at $50.29, with a volume of 436419 shares. The stock had previously closed at $49.43.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EPR shares. UBS Group started coverage on EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target for the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $50.00 target price on shares of EPR Properties in a report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, EPR Properties currently has a consensus rating of “Hold” and a consensus target price of $47.94.

EPR Properties Price Performance

The stock has a 50 day moving average of $46.10 and a two-hundred day moving average of $46.41. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. The stock has a market cap of $3.80 billion, a PE ratio of 21.71 and a beta of 1.75.

EPR Properties Dividend Announcement

The company also recently declared a feb 25 dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a dividend yield of 7%. EPR Properties’s dividend payout ratio is currently 148.05%.

Hedge Funds Weigh In On EPR Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC lifted its stake in EPR Properties by 1,725.0% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 511 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 483 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of EPR Properties during the third quarter worth approximately $27,000. Synergy Investment Management LLC acquired a new stake in shares of EPR Properties during the fourth quarter worth approximately $27,000. Blue Trust Inc. grew its position in EPR Properties by 67.2% during the third quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 285 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in 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 valued at $50,000 after buying an additional 302 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

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.