Brokerages Set EPR Properties (NYSE:EPR) Price Target at $58.36

Shares of EPR Properties (NYSE:EPR) have received an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $58.3571.

A number of equities analysts recently weighed in on EPR shares. Wall Street Zen lowered EPR Properties from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EPR Properties in a research note on Monday, December 29th. Wells Fargo & Company decreased their target price on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. JPMorgan Chase & Co. cut their price target on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating on the stock in a report on Tuesday, December 2nd. Finally, Truist Financial upped their price target on shares of EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research report on Tuesday, November 18th.

EPR Properties Price Performance

NYSE EPR opened at $53.12 on Friday. EPR Properties has a 1 year low of $41.75 and a 1 year high of $61.24. The business’s fifty day moving average is $50.96 and its two-hundred day moving average is $54.04. The stock has a market capitalization of $4.04 billion, a P/E ratio of 23.20, a P/E/G ratio of 3.09 and a beta of 0.94. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.21 and a current ratio of 7.21.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The business had revenue of $182.31 million for the quarter, compared to analysts’ expectations of $181.78 million. EPR Properties had a return on equity of 8.58% and a net margin of 28.01%.The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.30 EPS. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. On average, research analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a $0.295 dividend. The ex-dividend date is Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. EPR Properties’s dividend payout ratio is presently 154.59%.

Insider Activity at EPR Properties

In other news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction on Monday, December 1st. The stock was sold at an average price of $52.25, for a total transaction of $391,875.00. Following the transaction, the executive vice president owned 64,251 shares in the company, valued at approximately $3,357,114.75. The trade was a 10.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.31% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EPR Properties

A number of institutional investors have recently bought and sold shares of the business. Amundi grew its holdings in shares of EPR Properties by 6.2% in the first quarter. Amundi now owns 44,692 shares of the real estate investment trust’s stock valued at $2,182,000 after acquiring an additional 2,604 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in EPR Properties by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 96,061 shares of the real estate investment trust’s stock valued at $5,054,000 after purchasing an additional 976 shares during the period. United Services Automobile Association purchased a new stake in shares of EPR Properties during the 1st quarter valued at $251,000. Empowered Funds LLC increased its position in shares of EPR Properties by 10.1% during the 1st quarter. Empowered Funds LLC now owns 8,746 shares of the real estate investment trust’s stock valued at $460,000 after purchasing an additional 804 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of EPR Properties by 13.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 524,883 shares of the real estate investment trust’s stock worth $27,614,000 after purchasing an additional 61,844 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.