EPR Properties (NYSE:EPR – Free Report) had its price target lifted by Royal Bank Of Canada from $61.00 to $64.00 in a research note published on Friday morning,Benzinga reports. The brokerage currently has a sector perform rating on the real estate investment trust’s stock.
Other research analysts have also issued reports about the company. Wells Fargo & Company upped their price objective on EPR Properties from $60.00 to $61.00 and gave the company an “equal weight” rating in a report on Wednesday, July 15th. Truist Financial reduced their target price on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Citizens Jmp restated a “market outperform” rating and issued a $70.00 price target on shares of EPR Properties in a research note on Thursday, July 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Finally, UBS Group set a $70.00 price objective on shares of EPR Properties in a research note on Thursday, July 2nd. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $64.39.
Check Out Our Latest Research Report on EPR Properties
EPR Properties Stock Up 1.4%
EPR Properties (NYSE:EPR – Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, beating the consensus estimate of $0.74 by $0.05. The company had revenue of $196.08 million for the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.26 earnings per share. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, analysts expect that EPR Properties will post 5.34 EPS for the current year.
EPR Properties Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be given a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, July 31st. EPR Properties’s dividend payout ratio is presently 119.61%.
Insider Buying and Selling at EPR Properties
In related news, CAO Tonya L. Mater sold 6,692 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $61.79, for a total value of $413,498.68. Following the transaction, the chief accounting officer owned 49,167 shares in the company, valued at approximately $3,038,028.93. This trade represents a 11.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Mary Johnson sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $60.00, for a total value of $60,000.00. Following the completion of the transaction, the senior vice president directly owned 13,213 shares of the company’s stock, valued at approximately $792,780. This trade represents a 7.04% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 9,692 shares of company stock worth $589,719. 0.03% of the stock is currently owned by insiders.
Institutional Trading of EPR Properties
A number of institutional investors and hedge funds have recently made changes to their positions in EPR. Goldman Sachs Group Inc. boosted its holdings in shares of 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 in the last quarter. United Services Automobile Association acquired a new position in shares of EPR Properties during the 1st quarter worth $251,000. Empowered Funds LLC raised its holdings 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 worth $460,000 after buying an additional 804 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position 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 buying an additional 61,844 shares during the last quarter. Finally, Focus Partners Wealth lifted its position in shares of EPR Properties by 13.6% during the 1st quarter. Focus Partners Wealth now owns 8,861 shares of the real estate investment trust’s stock worth $466,000 after buying an additional 1,062 shares during the last quarter. Institutional investors own 74.66% of the company’s stock.
EPR Properties Company Profile
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.
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