Zacks Investment Research Downgrades EPR Properties (NYSE:EPR) to Hold

EPR Properties (NYSE:EPR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks.com reports.

According to Zacks, “EPR Properties is specialty real estate investment trust that invests in three primary segments: Entertainment, Recreation and Education. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. EPR Properties is based in Kansas City, Missouri. “

A number of other research analysts have also weighed in on EPR. JPMorgan Chase & Co. lowered EPR Properties from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $53.00 to $30.00 in a research report on Wednesday, April 22nd. Royal Bank of Canada reduced their price target on EPR Properties from $45.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. Citigroup cut shares of EPR Properties from a “neutral” rating to a “sell” rating in a research note on Tuesday, April 7th. Stifel Nicolaus cut their price objective on shares of EPR Properties from $55.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Finally, ValuEngine raised shares of EPR Properties from a “strong sell” rating to a “sell” rating in a report on Friday, May 1st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $36.33.

Shares of EPR Properties stock opened at $33.13 on Monday. EPR Properties has a 1 year low of $12.56 and a 1 year high of $79.80. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 17.08 and a beta of 1.50. The company has a 50-day moving average of $33.41 and a 200 day moving average of $46.71. The company has a debt-to-equity ratio of 1.31, a current ratio of 14.79 and a quick ratio of 14.79.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.15 by ($0.75). EPR Properties had a return on equity of 6.27% and a net margin of 25.52%. The business had revenue of $151.01 million during the quarter, compared to analysts’ expectations of $153.43 million. During the same quarter last year, the company posted $1.36 EPS. EPR Properties’s revenue for the quarter was up .3% compared to the same quarter last year. On average, equities analysts anticipate that EPR Properties will post 3.2 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of EPR. Sound Income Strategies LLC boosted its holdings in shares of EPR Properties by 485.7% during the 1st quarter. Sound Income Strategies LLC now owns 1,025 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 850 shares during the last quarter. Efficient Wealth Management LLC bought a new position in EPR Properties during the first quarter valued at approximately $27,000. Verus Capital Partners LLC purchased a new stake in EPR Properties in the fourth quarter worth approximately $29,000. Carroll Financial Associates Inc. boosted its holdings in EPR Properties by 4,358.6% in the first quarter. Carroll Financial Associates Inc. now owns 1,293 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 1,264 shares during the last quarter. Finally, Van ECK Associates Corp bought a new stake in EPR Properties in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 80.48% 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.

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