EPR Properties (NYSE:EPR) Given New $57.00 Price Target at Raymond James

EPR Properties (NYSE:EPR - Get Free Report) had its price objective increased by investment analysts at Raymond James from $54.00 to $57.00 in a report released on Friday,Benzinga reports. The firm presently has a "strong-buy" rating on the real estate investment trust's stock. Raymond James' target price suggests a potential upside of 9.08% from the stock's current price.

Several other research firms have also recently issued reports on EPR. Wall Street Zen raised EPR Properties from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Stifel Nicolaus boosted their price target on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday, February 27th. Truist Financial upped their price target on EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a report on Monday. Royal Bank of Canada reissued an "outperform" rating and issued a $58.00 target price on shares of EPR Properties in a research report on Monday. Finally, UBS Group upped their target price on shares of EPR Properties from $52.00 to $56.00 and gave the company a "neutral" rating in a research note on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, EPR Properties presently has an average rating of "Hold" and a consensus target price of $54.43.

EPR Properties Stock Down 0.2%

EPR Properties stock traded down $0.12 during mid-day trading on Friday, reaching $52.26. The stock had a trading volume of 86,053 shares, compared to its average volume of 606,109. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of 22.63 and a beta of 1.26. The company has a 50-day moving average price of $50.15 and a two-hundred day moving average price of $47.94. EPR Properties has a one year low of $39.87 and a one year high of $54.25. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81.

EPR Properties (NYSE:EPR - Get Free Report) last issued its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.05. The business had revenue of $146.36 million during the quarter, compared to analysts' expectations of $155.46 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.12 earnings per share. On average, analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

Insider Activity at EPR Properties

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares of the company's stock, valued at approximately $443,828.32. This trade represents a 32.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the sale, the senior vice president now directly owns 15,299 shares of the company's stock, valued at approximately $795,395.01. This represents a 14.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,520 shares of company stock worth $502,581. 2.31% of the stock is owned by insiders.

Hedge Funds Weigh In On EPR Properties

A number of institutional investors have recently bought and sold shares of EPR. Focus Partners Wealth grew its holdings in EPR Properties by 13.6% during the first quarter. Focus Partners Wealth now owns 8,861 shares of the real estate investment trust's stock valued at $466,000 after purchasing an additional 1,062 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of EPR Properties by 13.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 524,883 shares of the real estate investment trust's stock valued at $27,614,000 after buying an additional 61,844 shares in the last quarter. Empowered Funds LLC grew its stake in shares of EPR Properties by 10.1% during the 1st quarter. Empowered Funds LLC now owns 8,746 shares of the real estate investment trust's stock valued at $460,000 after acquiring an additional 804 shares during the period. United Services Automobile Association purchased a new stake in EPR Properties in the 1st quarter worth approximately $251,000. Finally, Caxton Associates LLP bought a new stake in EPR Properties during the 1st quarter worth approximately $2,884,000. 74.66% of the stock is owned by institutional investors.

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.

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