EPR Properties (NYSE:EPR) Given New $56.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo lowered EPR Properties’ price target to $56 from $61 and maintained an “equal weight” rating, implying roughly 3.5% upside from the prior close.
• Analyst sentiment remains generally positive: EPR has an overall “Moderate Buy” rating and an average price target of $65.65, based on eight Buy and five Hold ratings.
• EPR reported quarterly EPS of $0.79, beating estimates of $0.74, while revenue rose 30.4% year over year to $196.08 million. The stock closed at $54.10, and institutional investors own approximately 74.66% of shares.

EPR Properties (NYSE:EPR - Get Free Report) had its price objective dropped by equities researchers at Wells Fargo & Company from $61.00 to $56.00 in a report released on Monday, Benzinga reports. The firm currently has an "equal weight" rating on the real estate investment trust's stock. Wells Fargo & Company's price objective would indicate a potential upside of 3.51% from the stock's previous close.

EPR has been the subject of several other reports. Weiss Ratings restated a "buy (b)" rating on shares of EPR Properties in a research note on Wednesday, August 19th. JPMorgan Chase & Co. increased their price objective on EPR Properties from $62.00 to $65.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 9th. Raymond James Financial reissued an "outperform" rating and set a $65.00 target price on shares of EPR Properties in a report on Thursday, August 13th. KeyCorp raised EPR Properties from a "sector weight" rating to an "overweight" rating and set a $70.00 target price for the company in a report on Wednesday, August 19th. Finally, UBS Group set a $70.00 target price on shares of EPR Properties in a research report on Thursday, July 2nd. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $65.65.

EPR Properties Stock Performance

EPR Properties stock traded down $1.61 during trading hours on Monday, hitting $54.10. The company had a trading volume of 165,480 shares, compared to its average volume of 789,565. The firm has a market cap of $4.14 billion, a PE ratio of 17.40, a PEG ratio of 2.15 and a beta of 1.03. The company has a debt-to-equity ratio of 1.43, a current ratio of 9.51 and a quick ratio of 9.51. EPR Properties has a one year low of $48.10 and a one year high of $64.97. The firm has a 50-day moving average of $58.20 and a 200 day moving average of $58.14.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $158.13 million. During the same period last year, the business posted $1.26 earnings per share. The business's revenue for the quarter 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. On average, sell-side analysts expect that EPR Properties will post 5.38 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Elizabeth Grace sold 4,200 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $60.57, for a total transaction of $254,394.00. Following the completion of the sale, the senior vice president directly owned 22,427 shares in the company, valued at approximately $1,358,403.39. This represents a 15.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $61.79, for a total value of $413,498.68. Following the sale, the chief accounting officer owned 49,167 shares of the company's stock, valued at approximately $3,038,028.93. The trade was a 11.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quantinno Capital Management LP increased its holdings in EPR Properties by 20.9% in the 1st quarter. Quantinno Capital Management LP now owns 1,572,738 shares of the real estate investment trust's stock valued at $78,574,000 after buying an additional 272,335 shares during the period. Bank of New York Mellon Corp bought a new position in EPR Properties in the second quarter valued at approximately $63,487,000. Dimensional Fund Advisors LP raised its position in EPR Properties by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,131,680 shares of the real estate investment trust's stock valued at $56,537,000 after purchasing an additional 26,506 shares in the last quarter. Wasatch Advisors LP bought a new stake in EPR Properties during the first quarter worth $48,633,000. Finally, Hsbc Holdings PLC lifted its stake in EPR Properties by 12.7% during the first quarter. Hsbc Holdings PLC now owns 335,470 shares of the real estate investment trust's stock worth $16,772,000 after purchasing an additional 37,710 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

About EPR Properties

EPR Properties NYSE: EPR is a specialty real estate investment trust focused on experiential properties. The company owns and leases real estate used for activities and destinations that bring people together, including movie theaters, eat-and-play venues, attractions, cultural institutions, ski resorts, and other entertainment-oriented properties.

EPR generally leases its properties to operators under long-term agreements and seeks to generate rental income from diversified experiential real estate.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.