EPR Properties (NYSE:EPR) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of EPR Properties (NYSE:EPR) have been given an average recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $65.50.

Several equities research analysts have weighed in on EPR shares. Truist Financial increased their price objective on EPR Properties from $61.00 to $65.00 and gave the stock a “hold” rating in a report on Friday, November 6th. Royal Bank Of Canada increased their price target on EPR Properties from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Citigroup decreased their target price on shares of EPR Properties from $65.00 to $63.00 and set a “neutral” rating on the stock in a research report on Monday, November 2nd. Raymond James Financial restated an “outperform” rating and issued a $65.00 target price on shares of EPR Properties in a research note on Thursday, August 13th. Finally, Wells Fargo & Company lowered their price target on shares of EPR Properties from $61.00 to $56.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th.

Insiders Place Their Bets

In related news, SVP Elizabeth Grace sold 4,200 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $60.57, for a total transaction of $254,394.00. Following the completion of the transaction, the senior vice president directly owned 22,427 shares in the company, valued at $1,358,403.39. This trade represents a 15.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EPR Properties

Several hedge funds have recently modified their holdings of EPR. First Bancorp Inc ME purchased a new stake in EPR Properties during the second quarter worth approximately $27,000. Pension & Wealth Management Advisors Inc. acquired a new position in EPR Properties during the 3rd quarter valued at approximately $37,000. Elevation Wealth Partners LLC increased its stake in shares of EPR Properties by 753.2% in the second quarter. Elevation Wealth Partners LLC now owns 657 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 580 shares during the period. CX Institutional grew its position in EPR Properties by 5,555.6% in the 3rd quarter. CX Institutional now owns 1,018 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 1,000 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of EPR Properties by 2,557.5% in the first quarter. Sunbelt Securities Inc. now owns 1,063 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 1,023 shares during the period. 74.66% of the stock is owned by institutional investors and hedge funds.

EPR Properties Trading Up 0.1%

NYSE EPR opened at $61.23 on Friday. EPR Properties has a 52 week low of $48.36 and a 52 week high of $64.97. The company has a quick ratio of 8.42, a current ratio of 8.42 and a debt-to-equity ratio of 1.43. The business has a 50 day moving average price of $57.32 and a 200-day moving average price of $57.55. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 11.18, a P/E/G ratio of 2.29 and a beta of 1.05.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Wednesday, October 28th. The real estate investment trust reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.39. EPR Properties had a net margin of 38.83% and a return on equity of 12.78%. The company had revenue of $204.10 million during the quarter, compared to analyst estimates of $169.74 million. During the same quarter in the prior year, the business earned $1.37 earnings per share. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, equities analysts expect that EPR Properties will post 5.38 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid a $0.31 dividend. This represents a $3.72 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, November 30th. EPR Properties’s dividend payout ratio is currently 105.08%.

EPR Properties Company Profile

EPR Properties is a real estate investment trust focused on experiential properties—places where people gather for recreation, entertainment and education. The company invests in and leases properties to operators, generally through long-term agreements. Its portfolio includes movie theaters, amusement and water parks, ski resorts, golf and other entertainment venues, and educational facilities such as private schools and early childhood education centers. EPR groups its investments into entertainment, recreation and education categories.