EPR Properties (NYSE:EPR) Price Target Raised to $54.00 at Wells Fargo & Company

Key Points

• Wells Fargo & Company raised their price target for EPR Properties from $53.00 to $54.00, indicating a potential downside of 1.43% from the stock's current price, while maintaining an "underweight" rating.
• In recent analyst assessments, EPR Properties has garnered a mix of ratings, with one "Strong Buy," two "Buy," five "Hold," and one "Sell," leading to a consensus rating of "Hold" and a price target of $57.07.
• EPR Properties reported quarterly earnings of $1.24 per share, slightly missing expectations, and noted a revenue of $150.35 million, which was below analyst estimates of $176.50 million.

EPR Properties (NYSE:EPR - Get Free Report) had its price objective hoisted by stock analysts at Wells Fargo & Company from $53.00 to $54.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an "underweight" rating on the real estate investment trust's stock. Wells Fargo & Company's price target would suggest a potential downside of 1.43% from the stock's current price.

A number of other equities analysts have also recently weighed in on EPR. Royal Bank Of Canada cut EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price target for the company. in a report on Monday, August 4th. Stifel Nicolaus upped their price target on EPR Properties from $65.00 to $65.50 and gave the stock a "buy" rating in a report on Thursday, July 31st. Truist Financial upped their price target on EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a report on Monday, May 19th. UBS Group reduced their price target on EPR Properties from $62.00 to $54.00 and set a "neutral" rating for the company in a report on Friday, August 15th. Finally, Raymond James Financial upped their price target on EPR Properties from $57.00 to $62.00 and gave the stock a "strong-buy" rating in a report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, EPR Properties currently has a consensus rating of "Hold" and a consensus price target of $57.07.

EPR Properties Stock Performance

Shares of EPR stock traded up $0.68 on Wednesday, hitting $54.78. The company had a trading volume of 160,180 shares, compared to its average volume of 766,793. The firm has a market cap of $4.17 billion, a P/E ratio of 27.00, a price-to-earnings-growth ratio of 3.82 and a beta of 1.33. The company has a 50-day moving average price of $56.72 and a 200-day moving average price of $53.24. 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 has a twelve month low of $41.75 and a twelve month high of $61.24.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.01). The company had revenue of $150.35 million during the quarter, compared to analyst estimates of $176.50 million. EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The business's quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm earned $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, equities research analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

Insider Activity at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $54.94, for a total transaction of $412,050.00. Following the completion of the transaction, the executive vice president owned 96,377 shares of the company's stock, valued at $5,294,952.38. This represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.31% of the stock is owned by insiders.

Institutional Investors Weigh In On EPR Properties

Large investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd increased its holdings in shares of EPR Properties by 235.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 377 shares during the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of EPR Properties in the second quarter valued at approximately $32,000. UMB Bank n.a. increased its holdings in shares of EPR Properties by 231.7% in the second quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 519 shares during the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings in shares of EPR Properties by 88.9% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock valued at $45,000 after purchasing an additional 400 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of EPR Properties by 201.6% in the second quarter. Cullen Frost Bankers Inc. now owns 938 shares of the real estate investment trust's stock valued at $55,000 after purchasing an additional 627 shares during the last quarter. 74.66% of the stock is currently owned by hedge funds and other 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.

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