EPR Properties (NYSE:EPR) Receives $48.05 Average PT from Analysts

EPR Properties (NYSE:EPR) has been assigned a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $48.05.

Several analysts recently commented on EPR shares. JMP Securities cut EPR Properties from an “outperform” rating to a “market perform” rating in a report on Monday, January 22nd. Royal Bank of Canada boosted their price objective on EPR Properties from $48.00 to $51.00 and gave the company a “sector perform” rating in a research note on Thursday, January 11th. KeyCorp raised their target price on EPR Properties from $47.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, January 5th. StockNews.com lowered EPR Properties from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. Finally, Raymond James increased their price target on EPR Properties from $50.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, January 8th.

EPR Properties Trading Down 0.3 %

NYSE EPR opened at $40.99 on Thursday. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 20.81 and a beta of 1.65. EPR Properties has a twelve month low of $39.01 and a twelve month high of $49.10. The company has a quick ratio of 7.53, a current ratio of 7.53 and a debt-to-equity ratio of 1.15. The business’s fifty day moving average is $41.57 and its 200 day moving average is $43.86.

EPR Properties Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be paid a $0.285 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $3.42 annualized dividend and a yield of 8.34%. EPR Properties’s payout ratio is 173.60%.

Hedge Funds Weigh In On EPR Properties

Several large investors have recently modified their holdings of EPR. DekaBank Deutsche Girozentrale boosted its position in shares of EPR Properties by 221.6% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 57,636 shares of the real estate investment trust’s stock valued at $2,838,000 after acquiring an additional 39,714 shares during the period. Ballast Asset Management LP purchased a new position in EPR Properties during the third quarter worth about $1,861,000. Jump Financial LLC bought a new position in EPR Properties in the 3rd quarter worth about $1,165,000. Citigroup Inc. increased its stake in EPR Properties by 52.0% in the 3rd quarter. Citigroup Inc. now owns 32,990 shares of the real estate investment trust’s stock worth $1,370,000 after acquiring an additional 11,283 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of EPR Properties by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,227,642 shares of the real estate investment trust’s stock valued at $50,996,000 after acquiring an additional 38,937 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

About EPR Properties

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.