EPR Properties (NYSE:EPR) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Key Points

• Raymond James Financial has increased its price target for EPR Properties from $57.00 to $62.00, indicating a potential upside of 17.45% from the company's previous close.
• Other analysts have mixed ratings for EPR Properties, with one sell rating, four hold ratings, three buy ratings, and one strong buy rating, leading to an average target price of $58.07.
• EPR Properties reported a net margin of 25.28% and a return on equity of 7.66%, despite missing analysts' earnings estimates in its last quarterly report.

EPR Properties (NYSE:EPR - Get Free Report) had its target price hoisted by equities research analysts at Raymond James Financial from $57.00 to $62.00 in a report released on Tuesday,Benzinga reports. The firm currently has a "strong-buy" rating on the real estate investment trust's stock. Raymond James Financial's price objective suggests a potential upside of 17.78% from the company's previous close.

A number of other research analysts have also weighed in on EPR. Truist Financial raised their price objective on EPR Properties from $53.00 to $55.00 and gave the company a "hold" rating in a report on Monday, May 19th. Wells Fargo & Company lifted their price objective on EPR Properties from $52.00 to $53.00 and gave the company an "underweight" rating in a research note on Monday, June 2nd. UBS Group boosted their price objective on EPR Properties from $56.00 to $62.00 and gave the company a "neutral" rating in a research note on Wednesday, July 16th. 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 research note on Monday, August 4th. Finally, Wall Street Zen raised EPR Properties from a "hold" rating to a "buy" rating in a report on Monday, May 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $56.93.

EPR Properties Price Performance

Shares of EPR stock traded down $0.41 on Tuesday, reaching $52.64. The company's stock had a trading volume of 1,021,786 shares, compared to its average volume of 926,129. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20. The stock's fifty day simple moving average is $57.17 and its 200-day simple moving average is $52.87. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 25.93, a price-to-earnings-growth ratio of 3.76 and a beta of 1.33. 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 released its quarterly earnings data 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). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm 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 business's revenue was up 3.7% compared to the same quarter last year. Analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

Insider Buying and Selling at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of the company'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 value 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Deutsche Bank AG raised its stake in EPR Properties by 3,816.2% during the 1st 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 during the period. Norges Bank acquired a new stake in shares of EPR Properties in the second quarter valued at approximately $55,093,000. Russell Investments Group Ltd. raised its position in shares of EPR Properties by 378.0% in the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust's stock valued at $43,221,000 after buying an additional 649,675 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of 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. Finally, Wellington Management Group LLP bought a new stake in shares of EPR Properties in the first quarter worth $21,166,000. 74.66% of the stock is currently 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.