EPR Properties (NYSE:EPR) Rating Increased to Equal Weight at Wells Fargo & Company

Key Points

• Wells Fargo & Company has upgraded EPR Properties from an "underweight" to an "equal weight" rating, raising its target price from $54.00 to $56.00.
• The stock has a consensus rating of "Hold" with various analysts, while EPR Properties' shares opened at $55.23 on Thursday and have a market capitalization of $4.20 billion.
• Recent earnings for EPR Properties showed a slight miss on estimates, reporting $1.24 earnings per share against an expectation of $1.25.

EPR Properties (NYSE:EPR - Get Free Report) was upgraded by analysts at Wells Fargo & Company from an "underweight" rating to an "equal weight" rating in a report released on Thursday,Benzinga reports. The brokerage currently has a $56.00 target price on the real estate investment trust's stock, up from their previous target price of $54.00. Wells Fargo & Company's price objective would suggest a potential upside of 1.40% from the stock's previous close.

A number of other analysts have also recently weighed in on the stock. UBS Group dropped their price objective on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating on the stock in a report on Friday, August 15th. Truist Financial increased their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the stock a "hold" rating in a report on Monday, May 19th. Stifel Nicolaus increased their price objective on shares of EPR Properties from $65.00 to $65.50 and gave the stock a "buy" rating in a report on Thursday, July 31st. Raymond James Financial increased their price objective on shares of EPR Properties from $57.00 to $62.00 and gave the stock a "strong-buy" rating in a report on Tuesday, August 12th. Finally, Wall Street Zen lowered shares of EPR Properties from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, EPR Properties has an average rating of "Hold" and a consensus price target of $58.42.

EPR Properties Stock Down 0.1%

Shares of NYSE:EPR opened at $55.23 on Thursday. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 3.92 and a beta of 1.32. EPR Properties has a 1-year low of $41.75 and a 1-year high of $61.24. The company's fifty day moving average is $55.86 and its two-hundred day moving average is $53.63. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77.

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

Insider Transactions at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the business's stock in a transaction 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 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 legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 22,500 shares of company stock worth $1,249,950 over the last 90 days. Insiders own 2.31% of the company's stock.

Institutional Investors Weigh In On EPR Properties

A number of institutional investors have recently bought and sold shares of the business. State Street Corp boosted its stake in EPR Properties by 1.7% during the second quarter. State Street Corp now owns 4,009,669 shares of the real estate investment trust's stock worth $234,760,000 after buying an additional 66,562 shares in the last quarter. Deutsche Bank AG boosted its stake in EPR Properties by 3,816.2% during the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust's stock worth $98,642,000 after buying an additional 1,827,098 shares in the last quarter. Prudential Financial Inc. boosted its stake in EPR Properties by 42.0% during the second quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust's stock worth $108,975,000 after buying an additional 553,209 shares in the last quarter. AQR Capital Management LLC boosted its stake in EPR Properties by 29.2% during the second quarter. AQR Capital Management LLC now owns 1,544,905 shares of the real estate investment trust's stock worth $88,693,000 after buying an additional 348,908 shares in the last quarter. Finally, LSV Asset Management boosted its stake in EPR Properties by 2.8% during the second quarter. LSV Asset Management now owns 1,293,458 shares of the real estate investment trust's stock worth $75,357,000 after buying an additional 35,792 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company's stock.

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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