EPR Properties (NYSE:EPR) Sets New 52-Week High - Here's What Happened

EPR Properties (NYSE:EPR - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as $50.31 and last traded at $50.29, with a volume of 436419 shares changing hands. The stock had previously closed at $49.43.

Analyst Ratings Changes

EPR has been the topic of a number of recent analyst reports. Royal Bank of Canada restated an "outperform" rating and issued a $50.00 price target on shares of EPR Properties in a research report on Thursday, January 30th. Stifel Nicolaus increased their price objective on shares of EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday. Finally, UBS Group assumed coverage on shares of EPR Properties in a research report on Thursday, November 14th. They issued a "neutral" rating and a $48.00 target price for the company. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $48.50.

EPR Properties Stock Up 2.3 %

The stock has a market capitalization of $3.98 billion, a P/E ratio of 22.73 and a beta of 1.75. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. The firm has a 50-day simple moving average of $46.48 and a 200 day simple moving average of $46.54.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. On average, equities research analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The firm also recently disclosed a feb 25 dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be paid a $0.285 dividend. 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 148.05%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its position in shares of EPR Properties by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock worth $66,199,000 after acquiring an additional 54,567 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in EPR Properties during the 3rd quarter valued at approximately $3,285,000. Algert Global LLC raised its holdings in EPR Properties by 58.6% during the 3rd quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust's stock worth $6,896,000 after purchasing an additional 51,980 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in shares of EPR Properties by 19.0% in the 3rd quarter. Los Angeles Capital Management LLC now owns 302,130 shares of the real estate investment trust's stock worth $14,816,000 after purchasing an additional 48,229 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust's stock worth $33,010,000 after purchasing an additional 177,061 shares during the period. 74.66% of the stock is owned by institutional investors.

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.