EPR Properties (NYSE:EPR) Stock Rated "Moderate Buy" by Sell-Side Brokerages

Key Points

• Analysts rate EPR Properties “Moderate Buy”: Eight of 13 covering brokerages recommend buying the stock, while five rate it a hold; the average 12-month price target is $65.14.
• Quarterly results topped expectations: EPR reported EPS of $1.22 versus the $0.83 consensus estimate and revenue of $204.1 million versus $169.7 million expected. Revenue rose 12% year over year.
• The REIT announced a monthly dividend of $0.31 per share, equivalent to $3.72 annually and a 6.2% yield. Its reported payout ratio is 105.08%.

Shares of EPR Properties (NYSE:EPR - Get Free Report) have been given a consensus rating of "Moderate Buy" by the thirteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $65.14.

Several research firms have recently weighed in on EPR. KeyCorp upgraded shares of EPR Properties from a "sector weight" rating to an "overweight" rating and set a $70.00 price target for the company in a report on Wednesday, August 19th. JPMorgan Chase & Co. upped their target price on shares of EPR Properties from $62.00 to $65.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 9th. Huntington assumed coverage on EPR Properties in a report on Wednesday, July 15th. They set an "outperform" rating and a $65.00 target price for the company. Citigroup dropped their target price on EPR Properties from $65.00 to $63.00 and set a "neutral" rating on the stock in a research report on Monday. Finally, Weiss Ratings restated a "buy (b)" rating on shares of EPR Properties in a research note on Wednesday, August 19th.

Insider Transactions at EPR Properties

In related news, SVP Elizabeth Grace sold 4,200 shares of the stock in a transaction that occurred 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 transaction, the senior vice president directly owned 22,427 shares of the company's stock, valued at approximately $1,358,403.39. This represents a 15.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.03% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Kestra Investment Management LLC lifted its stake in shares of EPR Properties by 6.1% during the 3rd quarter. Kestra Investment Management LLC now owns 5,149 shares of the real estate investment trust's stock worth $289,000 after buying an additional 295 shares during the last quarter. AlphaCore Capital LLC bought a new position in EPR Properties in the 3rd quarter valued at about $553,000. Hohimer Wealth Management LLC raised its holdings in EPR Properties by 5.6% in the 3rd quarter. Hohimer Wealth Management LLC now owns 4,531 shares of the real estate investment trust's stock valued at $254,000 after acquiring an additional 241 shares during the period. Flagship Wealth Advisors LLC bought a new stake in shares of EPR Properties during the third quarter worth approximately $87,000. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in shares of EPR Properties by 31.9% during the third quarter. Ashton Thomas Private Wealth LLC now owns 5,600 shares of the real estate investment trust's stock worth $314,000 after acquiring an additional 1,354 shares during the period. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Trading Down 1.5%

NYSE:EPR opened at $59.85 on Friday. The company has a current ratio of 8.42, a quick ratio of 8.42 and a debt-to-equity ratio of 1.43. EPR Properties has a 1-year low of $48.36 and a 1-year high of $64.97. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 16.91, a PEG ratio of 2.28 and a beta of 1.05. The business's 50-day moving average price is $57.23 and its two-hundred day moving average price is $57.46.

EPR Properties (NYSE:EPR - Get Free Report) last posted its earnings results on Wednesday, October 28th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.39. EPR Properties had a return on equity of 12.78% and a net margin of 38.83%. The company had revenue of $204.10 million during the quarter, compared to analyst estimates of $169.74 million. During the same period in the previous year, the company earned $1.37 EPS. The company's revenue for the quarter was up 12.0% compared to the same quarter last year. On average, equities analysts expect that EPR Properties will post 5.38 earnings per share for the current year.

EPR Properties Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.31 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Monday, November 30th. EPR Properties's dividend payout ratio is currently 105.08%.

EPR Properties Company Profile

EPR Properties NYSE: EPR is a specialty real estate investment trust that owns and leases experiential real estate. The company focuses on properties designed for entertainment, recreation and leisure activities, including movie theaters, ski resorts, waterparks, attractions, fitness and wellness facilities, and other destination-based venues.

EPR generally leases its properties to operators under long-term, often triple-net lease agreements, under which tenants are typically responsible for property-level operating expenses, maintenance, taxes and insurance.

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