EPR Properties (NYSE:EPR) Price Target Raised to $65.00

Key Points

• JPMorgan Chase & Co. has raised the target price for EPR Properties' stock from $56.00 to $65.00, indicating a potential upside of 14.76% from its previous close.
• Despite the target increase from JPMorgan, EPR Properties received mixed ratings from other analysts, with one downgrading the stock from "buy" to "hold" and several changing target prices.
• EPR Properties experienced a 2.8% increase in stock price recently, indicating some market optimism despite overall fluctuations in ratings and expectations.

EPR Properties (NYSE:EPR - Get Free Report) had its target price hoisted by equities research analysts at JPMorgan Chase & Co. from $56.00 to $65.00 in a report issued on Friday,Benzinga reports. The firm currently has an "overweight" rating on the real estate investment trust's stock. JPMorgan Chase & Co.'s target price points to a potential upside of 14.76% from the stock's previous close.

EPR has been the topic of several other reports. Wall Street Zen downgraded shares of EPR Properties from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. UBS Group dropped their target price on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating on the stock in a research report on Friday, August 15th. Truist Financial lifted their target price 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. KeyCorp downgraded shares of EPR Properties from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, August 19th. Finally, Raymond James Financial lifted their target price on shares of EPR Properties from $57.00 to $62.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $59.36.

EPR Properties Stock Up 2.8%

NYSE EPR opened at $56.64 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77. The company's 50 day simple moving average is $55.80 and its 200 day simple moving average is $53.68. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The company has a market capitalization of $4.31 billion, a P/E ratio of 27.90, a PEG ratio of 3.91 and a beta of 1.32.

EPR Properties (NYSE:EPR - Get Free Report) last released 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 business had revenue of $150.35 million during the quarter, compared to the consensus estimate of $176.50 million. During the same quarter in the previous year, the firm earned $1.22 earnings per share. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Equities research analysts expect that EPR Properties will post 4.65 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $53.35, for a total transaction of $400,125.00. Following the transaction, the executive vice president directly owned 88,877 shares of the company's stock, valued at approximately $4,741,587.95. The trade was a 7.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold 22,500 shares of company stock worth $1,249,950 over the last quarter. Insiders own 2.31% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Maridea Wealth Management LLC grew its position in EPR Properties by 1.7% during the second quarter. Maridea Wealth Management LLC now owns 11,711 shares of the real estate investment trust's stock valued at $682,000 after purchasing an additional 196 shares in the last quarter. State of Michigan Retirement System grew its position in EPR Properties by 1.1% in the second quarter. State of Michigan Retirement System now owns 18,289 shares of the real estate investment trust's stock worth $1,066,000 after acquiring an additional 200 shares in the last quarter. Spire Wealth Management grew its position in EPR Properties by 11.5% in the first quarter. Spire Wealth Management now owns 2,339 shares of the real estate investment trust's stock worth $123,000 after acquiring an additional 242 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its position in EPR Properties by 2.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 10,705 shares of the real estate investment trust's stock worth $563,000 after acquiring an additional 258 shares in the last quarter. Finally, Samalin Investment Counsel LLC grew its position in EPR Properties by 2.1% in the second quarter. Samalin Investment Counsel LLC now owns 12,620 shares of the real estate investment trust's stock worth $735,000 after acquiring an additional 263 shares in the last quarter. 74.66% of the stock is 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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