EPR Properties (EPR) Releases Earnings Results, Beats Expectations By $0.18 EPS

EPR Properties (NYSE:EPR) announced its quarterly earnings results on Monday. The real estate investment trust reported $1.07 EPS for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.18, Fidelity Earnings reports. The company had revenue of $176.40 million for the quarter, compared to analysts’ expectations of $157.09 million. EPR Properties had a net margin of 38.00% and a return on equity of 8.63%. EPR Properties’s revenue was up 16.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.22 EPS. EPR Properties updated its FY 2018 guidance to $6.03-6.09 EPS and its FY18 guidance to $6.03-6.09 EPS.

NYSE EPR traded up $2.27 on Tuesday, hitting $70.33. The stock had a trading volume of 177,130 shares, compared to its average volume of 476,973. EPR Properties has a 52-week low of $51.87 and a 52-week high of $71.00. The company has a debt-to-equity ratio of 1.03, a current ratio of 6.16 and a quick ratio of 6.16. The stock has a market capitalization of $4.98 billion, a PE ratio of 14.01, a P/E/G ratio of 4.56 and a beta of 0.51.

The company also recently announced a oct 18 dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be paid a $0.36 dividend. This represents a yield of 6.36%. The ex-dividend date of this dividend is Tuesday, October 30th. EPR Properties’s dividend payout ratio is presently 86.06%.



A number of analysts recently commented on EPR shares. Citigroup upped their price target on shares of EPR Properties from $60.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday, August 2nd. Zacks Investment Research upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research note on Wednesday, October 3rd. ValuEngine upgraded shares of EPR Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd. Royal Bank of Canada restated a “buy” rating and set a $71.00 price target on shares of EPR Properties in a research note on Wednesday, August 15th. Finally, Bank of America upped their price target on shares of EPR Properties from $65.50 to $67.50 and gave the company a “neutral” rating in a research note on Monday, September 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $69.81.

In other EPR Properties news, SVP Michael L. Hirons sold 7,000 shares of the stock in a transaction that occurred on Friday, August 17th. The shares were sold at an average price of $69.97, for a total value of $489,790.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.36% of the company’s stock.

EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

Read More: Risk Tolerance

Earnings History for EPR Properties (NYSE:EPR)

Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply