EPR Properties (NYSE:EPR) Price Target Lowered to $54.00 at UBS Group

Key Points

• UBS Group has lowered the price target for EPR Properties from $62.00 to $54.00, maintaining a "neutral" rating on the stock, indicating a potential upside of 2.76% from its previous close.
• The current consensus among analysts shows a rating of "Hold" for EPR Properties, with target prices ranging from $53.00 to $65.50.
• EPR Properties’ recent earnings report showed a slight miss on EPS expectations, reporting $1.24 compared to the anticipated $1.25, and revenues of $150.35 million, below the forecast of $176.50 million.

EPR Properties (NYSE:EPR - Free Report) had its price objective lowered by UBS Group from $62.00 to $54.00 in a research report report published on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the real estate investment trust's stock.

Several other research firms have also weighed in on EPR. 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. Wall Street Zen raised shares of EPR Properties from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Raymond James Financial boosted their price target on shares of EPR Properties from $57.00 to $62.00 and gave the company a "strong-buy" rating in a research report on Tuesday, August 12th. Stifel Nicolaus upped their target price on shares of EPR Properties from $65.00 to $65.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada cut shares of EPR Properties from an "outperform" rating to a "sector perform" rating and set a $58.00 price target on the stock. in a research report on Monday, August 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $56.93.

EPR Properties Trading Up 1.1%

EPR stock traded up $0.56 during trading on Friday, hitting $53.29. The company had a trading volume of 50,221 shares, compared to its average volume of 760,878. The firm has a market capitalization of $4.06 billion, a P/E ratio of 26.28, a PEG ratio of 3.73 and a beta of 1.33. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24. The company has a 50 day simple moving average of $57.08 and a 200-day simple moving average of $53.01. The company has a quick ratio of 7.77, a current ratio of 7.77 and a debt-to-equity ratio of 1.20.

EPR Properties (NYSE:EPR - Get Free Report) last posted 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 net margin of 25.28% and a return on equity of 7.66%. The business had revenue of $150.35 million for the quarter, compared to analysts' expectations of $176.50 million. During the same period last year, the business posted $1.22 EPS. The company's revenue for the quarter was up 3.7% on a year-over-year basis. As a group, research analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently announced a aug 25 dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.295 per share. This represents a dividend yield of 670.0%. The ex-dividend date is Friday, August 29th. 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 company's stock in a transaction 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 directly owned 96,377 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Corporate insiders own 2.31% of the company's stock.

Institutional Investors Weigh In On EPR Properties

Several institutional investors and hedge funds have recently made changes to their positions in EPR. Caitong International Asset Management Co. Ltd lifted its holdings in EPR Properties by 235.6% during the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust's stock worth $28,000 after acquiring an additional 377 shares during the period. Loomis Sayles & Co. L P purchased a new position in shares of EPR Properties in the second quarter valued at $32,000. UMB Bank n.a. grew its position in EPR Properties by 231.7% during the second quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust's stock worth $43,000 after buying an additional 519 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its position in EPR Properties by 88.9% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust's stock worth $45,000 after buying an additional 400 shares in the last quarter. Finally, Allworth Financial LP grew its position in EPR Properties by 53.0% during the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust's stock worth $55,000 after buying an additional 393 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.