EPR Properties (NYSE:EPR) Receives Average Rating of “Hold” from Brokerages

EPR Properties (NYSE:EPR) has earned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $80.33.

EPR has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price target on shares of EPR Properties from $76.00 to $83.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 28th. Stifel Nicolaus boosted their price target on shares of EPR Properties from $80.00 to $82.00 and gave the stock a “hold” rating in a research note on Friday, August 23rd. Finally, ValuEngine downgraded shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.

In other EPR Properties news, Director Robert J. Druten sold 3,000 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $73.26, for a total value of $219,780.00. Following the transaction, the director now owns 31,237 shares in the company, valued at $2,288,422.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.34% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in shares of EPR Properties by 1.3% in the second quarter. Vanguard Group Inc. now owns 11,717,113 shares of the real estate investment trust’s stock valued at $873,980,000 after acquiring an additional 146,146 shares during the period. Invesco Ltd. increased its position in shares of EPR Properties by 250.2% in the second quarter. Invesco Ltd. now owns 3,143,943 shares of the real estate investment trust’s stock valued at $234,506,000 after acquiring an additional 2,246,111 shares during the period. Bank of New York Mellon Corp increased its position in shares of EPR Properties by 8.6% in the second quarter. Bank of New York Mellon Corp now owns 1,017,610 shares of the real estate investment trust’s stock valued at $75,904,000 after acquiring an additional 80,515 shares during the period. Northern Trust Corp increased its position in shares of EPR Properties by 1.7% in the second quarter. Northern Trust Corp now owns 879,176 shares of the real estate investment trust’s stock valued at $65,577,000 after acquiring an additional 15,028 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of EPR Properties by 5.5% in the second quarter. Charles Schwab Investment Management Inc. now owns 619,382 shares of the real estate investment trust’s stock valued at $46,200,000 after acquiring an additional 32,256 shares during the period. Hedge funds and other institutional investors own 84.32% of the company’s stock.

EPR Properties stock traded down $0.25 during mid-day trading on Thursday, hitting $79.26. The company’s stock had a trading volume of 2,750 shares, compared to its average volume of 326,505. The company has a debt-to-equity ratio of 1.06, a current ratio of 5.32 and a quick ratio of 5.32. The stock has a market cap of $6.11 billion, a price-to-earnings ratio of 12.96, a price-to-earnings-growth ratio of 4.59 and a beta of 0.49. The business has a 50 day moving average price of $77.44 and a 200-day moving average price of $77.15. EPR Properties has a 12 month low of $62.75 and a 12 month high of $80.75.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.79 earnings per share for the quarter, missing the consensus estimate of $1.31 by ($0.52). The business had revenue of $175.70 million during the quarter, compared to the consensus estimate of $168.46 million. EPR Properties had a return on equity of 9.81% and a net margin of 41.51%. The business’s revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.87 earnings per share. On average, equities research analysts expect that EPR Properties will post 5.4 earnings per share for the current fiscal year.

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be given a $0.375 dividend. This represents a $4.50 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date is Wednesday, October 30th. EPR Properties’s payout ratio is 73.77%.

About EPR Properties

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.

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Analyst Recommendations for EPR Properties (NYSE:EPR)

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