EPR Properties (NYSE:EPR) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

EPR Properties (NYSE:EPR) had its target price upped by JPMorgan Chase & Co. from $56.00 to $65.00 in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the real estate investment trust’s stock.

EPR has been the subject of a number of other research reports. KeyCorp lowered EPR Properties from an “overweight” rating to a “sector weight” rating in a report on Tuesday, August 19th. Royal Bank Of Canada lowered EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price target for the company. in a report on Monday, August 4th. UBS Group lowered their price target on EPR Properties from $62.00 to $54.00 and set a “neutral” rating for the company in a report on Friday, August 15th. Wall Street Zen lowered EPR Properties from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Finally, Wells Fargo & Company upgraded EPR Properties from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $54.00 to $56.00 in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, EPR Properties presently has an average rating of “Hold” and an average price target of $59.36.

EPR Properties Trading Up 3.4%

EPR opened at $58.53 on Friday. The stock has a market cap of $4.46 billion, a price-to-earnings ratio of 28.83, a P/E/G ratio of 4.03 and a beta of 1.32. The stock’s 50 day moving average price is $55.78 and its 200-day moving average price is $53.73. EPR Properties has a one year low of $41.75 and a one year high of $61.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77.

EPR Properties (NYSE:EPR) last released 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). The business had revenue of $150.35 million for the quarter, compared to the consensus estimate of $176.50 million. EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.22 EPS. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, equities analysts forecast that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The firm also recently declared a aug 25 dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be given a dividend of $0.295 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a dividend yield of 652.0%. EPR Properties’s dividend payout ratio is presently 174.38%.

Insider Activity

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $53.35, for a total transaction of $400,125.00. Following the transaction, the executive vice president directly owned 88,877 shares of the company’s stock, valued at approximately $4,741,587.95. This represents a 7.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 22,500 shares of company stock worth $1,249,950 over the last 90 days. Corporate insiders own 2.31% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

A number of large investors have recently made changes to their positions in EPR. Deutsche Bank AG increased its position in shares of EPR Properties by 3,816.2% during the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock worth $98,642,000 after purchasing an additional 1,827,098 shares in the last quarter. Norges Bank acquired a new position in shares of EPR Properties during the second quarter worth $55,093,000. Russell Investments Group Ltd. increased its position in shares of EPR Properties by 378.0% during the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust’s stock worth $43,221,000 after purchasing an additional 649,675 shares in the last quarter. Prudential Financial Inc. increased its position in shares of EPR Properties by 42.0% during the second quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock worth $108,975,000 after purchasing an additional 553,209 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of EPR Properties during the first quarter worth $21,166,000. 74.66% of the stock is owned by institutional investors and hedge funds.

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.