KeyCorp Downgrades EPR Properties (NYSE:EPR) to Sector Weight

Key Points

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KeyCorp cut shares of EPR Properties (NYSE:EPR - Free Report) from an overweight rating to a sector weight rating in a research report sent to investors on Tuesday morning, MarketBeat.com reports.

EPR has been the topic of several other research reports. Wells Fargo & Company lifted their target price on shares of EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a report on Monday, June 2nd. UBS Group reduced their price objective on shares of EPR Properties from $62.00 to $54.00 and set a "neutral" rating for the company in a research note on Friday, August 15th. Truist Financial raised their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a research note on Monday, May 19th. Stifel Nicolaus lifted their target price on shares of EPR Properties from $65.00 to $65.50 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada downgraded shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price objective for the company. in a research note on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, EPR Properties has a consensus rating of "Hold" and an average price target of $56.93.

EPR Properties Stock Performance

Shares of NYSE:EPR traded up $0.2450 during midday trading on Tuesday, hitting $53.9950. The stock had a trading volume of 768,717 shares, compared to its average volume of 983,488. The company has a market capitalization of $4.11 billion, a PE ratio of 26.60, a P/E/G ratio of 3.83 and a beta of 1.33. The stock has a 50 day moving average price of $56.82 and a two-hundred day moving average price of $53.16. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24.

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 the consensus estimate of $1.25 by ($0.01). The firm had revenue of $150.35 million during the quarter, compared to analysts' expectations of $176.50 million. EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm's revenue was up 3.7% on a year-over-year basis. During the same period in the previous 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 analysts predict that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

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

Insider Activity at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the business's 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 sale, the executive vice president owned 96,377 shares in the company, valued at $5,294,952.38. The trade was a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.31% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of EPR. Barclays PLC boosted its position in shares of EPR Properties by 181.9% during the fourth quarter. Barclays PLC now owns 114,596 shares of the real estate investment trust's stock valued at $5,074,000 after buying an additional 73,949 shares during the last quarter. Mariner LLC raised its holdings in shares of EPR Properties by 7.2% in the 4th quarter. Mariner LLC now owns 40,101 shares of the real estate investment trust's stock valued at $1,776,000 after acquiring an additional 2,681 shares in the last quarter. Marshall Wace LLP increased its stake in EPR Properties by 13.3% in the 4th quarter. Marshall Wace LLP now owns 7,948 shares of the real estate investment trust's stock worth $352,000 after purchasing an additional 936 shares during the period. CANADA LIFE ASSURANCE Co increased its position in EPR Properties by 1.5% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 104,548 shares of the real estate investment trust's stock valued at $4,629,000 after acquiring an additional 1,571 shares during the last quarter. Finally, First Trust Advisors LP increased its position in EPR Properties by 1.6% during the fourth quarter. First Trust Advisors LP now owns 157,104 shares of the real estate investment trust's stock valued at $6,957,000 after acquiring an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors 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.