Brokerages Set EPR Properties (NYSE:EPR) Price Target at $58.07

Key Points

• EPR Properties has received an average recommendation of "Hold" from eight ratings firms, with one sell rating, four hold ratings, two buy ratings, and one strong buy rating. The average 1-year target price stands at $58.07.
• The company recently announced a dividend of $0.295 per share, scheduled for payout on August 15th, exhibiting a high payout ratio of 174.38%.
• For the last reported quarter, EPR Properties reported earnings of $1.24 EPS, slightly missing the consensus estimate and showing a revenue of $150.35 million, below analysts' expectations of $176.50 million.

EPR Properties (NYSE:EPR - Get Free Report) has received a consensus rating of "Hold" from the eight ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $56.9286.

EPR has been the topic of a number of research reports. Wells Fargo & Company increased their price objective on EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a report on Monday, June 2nd. Raymond James Financial increased their price target on shares of EPR Properties from $57.00 to $62.00 and gave the stock a "strong-buy" rating in a report on Tuesday. Truist Financial raised their price target on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a research report on Monday, May 19th. Royal Bank Of Canada lowered shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 target price for the company. in a report on Monday, August 4th. Finally, Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th.

Insider Activity

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $54.94, for a total transaction of $412,050.00. Following the sale, the executive vice president owned 96,377 shares of the company's stock, valued at approximately $5,294,952.38. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.31% of the company's stock.

Institutional Trading of EPR Properties

Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its holdings in shares of EPR Properties by 0.4% during the first quarter. Principal Financial Group Inc. now owns 174,282 shares of the real estate investment trust's stock worth $9,169,000 after purchasing an additional 699 shares during the period. GAMMA Investing LLC raised its position in EPR Properties by 66.0% during the 1st quarter. GAMMA Investing LLC now owns 1,871 shares of the real estate investment trust's stock worth $98,000 after buying an additional 744 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new stake in shares of EPR Properties in the 1st quarter worth $325,000. M&T Bank Corp boosted its holdings in shares of EPR Properties by 19.9% in the first quarter. M&T Bank Corp now owns 14,408 shares of the real estate investment trust's stock valued at $758,000 after acquiring an additional 2,389 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of EPR Properties by 7.1% during the first quarter. Assetmark Inc. now owns 12,642 shares of the real estate investment trust's stock worth $665,000 after acquiring an additional 836 shares during the period. Institutional investors and hedge funds own 74.66% of the company's stock.

EPR Properties Stock Down 0.8%

Shares of EPR stock traded down $0.41 on Wednesday, hitting $52.64. The stock had a trading volume of 1,021,786 shares, compared to its average volume of 763,544. EPR Properties has a one year low of $41.75 and a one year high of $61.24. The business has a 50 day moving average price of $57.25 and a 200 day moving average price of $52.83. The company has a market cap of $4.01 billion, a PE ratio of 25.93, a P/E/G ratio of 3.79 and a beta of 1.33. The company has a quick ratio of 7.77, a current ratio of 7.77 and a debt-to-equity ratio of 1.20.

EPR Properties (NYSE:EPR - Get Free Report) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 EPS for the quarter, missing analysts' consensus estimates of $1.25 by ($0.01). EPR Properties had a return on equity of 7.66% and a net margin of 25.28%. The firm had revenue of $150.35 million during the quarter, compared to the consensus estimate of $176.50 million. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The business's revenue for the quarter was up 3.7% compared to the same quarter last year. Research analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The firm also recently announced a aug 25 dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a $0.295 dividend. This represents a yield of 670.0%. The ex-dividend date of this dividend is Friday, August 29th. EPR Properties's dividend payout ratio is 174.38%.

EPR Properties Company Profile

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.