Royal Bank Of Canada Increases EPR Properties (NYSE:EPR) Price Target to $64.00

Key Points

• Royal Bank of Canada raised EPR Properties’ price target to $64 from $61 while maintaining a “sector perform” rating, implying approximately 3% upside from the prior close.
• Analyst sentiment remains generally positive, with eight “buy” ratings and five “hold” ratings, producing a consensus “Moderate Buy” rating and a $64.39 average target price.
• EPR reported quarterly EPS of $0.79, beating estimates of $0.74, while revenue rose 30.4% year over year to $196.08 million; shares recently traded at $62.13.

EPR Properties (NYSE:EPR - Get Free Report) had its price objective hoisted by equities researchers at Royal Bank Of Canada from $61.00 to $64.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a "sector perform" rating on the real estate investment trust's stock. Royal Bank Of Canada's target price indicates a potential upside of 3.01% from the company's previous close.

A number of other brokerages have also commented on EPR. Stifel Nicolaus upped their target price on EPR Properties from $66.00 to $70.50 and gave the company a "buy" rating in a research note on Thursday, July 30th. Weiss Ratings reissued a "buy (b)" rating on shares of EPR Properties in a report on Friday, May 22nd. Huntington started coverage on shares of EPR Properties in a research note on Wednesday, July 15th. They issued an "outperform" rating and a $65.00 price objective for the company. Morgan Stanley raised shares of EPR Properties from an "equal weight" rating to an "overweight" rating in a report on Friday, June 12th. Finally, Truist Financial decreased their target price on shares of EPR Properties from $62.00 to $61.00 and set a "hold" rating on the stock in a research report on Tuesday, June 9th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, EPR Properties currently has a consensus rating of "Moderate Buy" and a consensus target price of $64.39.

EPR Properties Stock Performance

Shares of NYSE EPR traded up $0.79 during mid-day trading on Friday, hitting $62.13. The company had a trading volume of 284,972 shares, compared to its average volume of 772,341. The company has a debt-to-equity ratio of 1.43, a current ratio of 9.51 and a quick ratio of 9.51. The business's 50-day simple moving average is $59.77 and its 200-day simple moving average is $57.19. EPR Properties has a 12 month low of $48.10 and a 12 month high of $64.97. The firm has a market cap of $4.76 billion, a P/E ratio of 19.96, a PEG ratio of 2.35 and a beta of 1.02.

EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.05. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The firm had revenue of $196.08 million for the quarter, compared to analyst estimates of $158.13 million. During the same period in the previous year, the company posted $1.26 earnings per share. The company's quarterly revenue was up 30.4% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, analysts predict that EPR Properties will post 5.34 earnings per share for the current fiscal year.

Insider Transactions at EPR Properties

In related news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total transaction of $116,220.00. Following the sale, the senior vice president directly owned 14,213 shares in the company, valued at $825,917.43. This represents a 12.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of EPR Properties stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $61.79, for a total value of $413,498.68. Following the completion of the transaction, the chief accounting officer owned 49,167 shares of the company's stock, valued at approximately $3,038,028.93. The trade was a 11.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 9,692 shares of company stock worth $589,719. Company insiders own 0.03% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in EPR. Virtus Investment Advisers LLC lifted its position in shares of EPR Properties by 6.2% in the 4th quarter. Virtus Investment Advisers LLC now owns 3,253 shares of the real estate investment trust's stock worth $162,000 after purchasing an additional 191 shares during the period. SJS Investment Consulting Inc. increased its position in shares of EPR Properties by 25.5% during the first quarter. SJS Investment Consulting Inc. now owns 979 shares of the real estate investment trust's stock worth $49,000 after buying an additional 199 shares during the period. Fourth Dimension Wealth LLC raised its stake in EPR Properties by 66.7% during the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust's stock worth $25,000 after buying an additional 200 shares during the last quarter. Texas Yale Capital Corp. raised its stake in EPR Properties by 1.4% during the fourth quarter. Texas Yale Capital Corp. now owns 14,050 shares of the real estate investment trust's stock worth $701,000 after buying an additional 200 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its holdings in EPR Properties by 6.1% in the fourth quarter. Global Retirement Partners LLC now owns 3,856 shares of the real estate investment trust's stock valued at $192,000 after buying an additional 221 shares during the period. Institutional investors and hedge funds own 74.66% of the company's stock.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.

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