EPR Properties (NYSE:EPR) Sets New 1-Year High Following Better-Than-Expected Earnings

EPR Properties (NYSE:EPR)’s share price hit a new 52-week high during mid-day trading on Thursday following a stronger than expected earnings report. The stock traded as high as $64.97 and last traded at $63.9740, with a volume of 804794 shares. 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 return on equity of 11.34% and a net margin of 35.45%.The firm had revenue of $196.08 million during the quarter, compared to analyst estimates of $158.13 million. During the same quarter last year, the business posted $1.26 earnings per share. The business’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 business also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be given a dividend of $0.31 per share. The ex-dividend date 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 119.61%.

Wall Street Analysts Forecast Growth

EPR has been the topic of a number of analyst reports. Truist Financial cut their price objective on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. UBS Group set a $70.00 target price on shares of EPR Properties in a report on Thursday, July 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research note on Friday, May 22nd. Wells Fargo & Company increased their price objective on shares of EPR Properties from $60.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. Finally, Huntington assumed coverage on shares of EPR Properties in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $65.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $64.06.

Insider Buying and Selling

In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were 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 approximately $825,917.43. This trade represents a 12.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On EPR Properties

Several institutional investors have recently made changes to their positions in EPR. Vestcor Inc raised its stake in EPR Properties by 1,061.1% in the fourth quarter. Vestcor Inc now owns 67,171 shares of the real estate investment trust’s stock worth $3,352,000 after buying an additional 61,386 shares in the last quarter. State of Alaska Department of Revenue boosted its position in EPR Properties by 18.8% during the 4th quarter. State of Alaska Department of Revenue now owns 57,785 shares of the real estate investment trust’s stock valued at $2,881,000 after acquiring an additional 9,145 shares in the last quarter. MQS Management LLC bought a new stake in EPR Properties during the 1st quarter valued at $518,000. Horizon Investments LLC purchased a new position in shares of EPR Properties in the 4th quarter valued at $712,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of EPR Properties by 9.3% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 222,432 shares of the real estate investment trust’s stock valued at $11,099,000 after acquiring an additional 18,900 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Trading Down 3.1%

The stock has a market capitalization of $4.75 billion, a P/E ratio of 19.94, a price-to-earnings-growth ratio of 2.59 and a beta of 1.02. The company has a current ratio of 9.51, a quick ratio of 7.85 and a debt-to-equity ratio of 1.43. The company has a 50-day moving average price of $59.54 and a 200 day moving average price of $56.98.

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.