Analysts Set EPR Properties (EPR) Price Target at $70.81

EPR Properties (NYSE:EPR) has earned an average rating of “Hold” from the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $70.81.

Several analysts have recently weighed in on the stock. Raymond James assumed coverage on shares of EPR Properties in a research note on Friday, July 20th. They set a “market perform” rating for the company. ValuEngine raised shares of EPR Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, August 15th. Stifel Nicolaus lifted their price target on shares of EPR Properties from $63.00 to $66.00 and gave the company a “hold” rating in a research note on Tuesday, June 19th. TheStreet raised shares of EPR Properties from a “c” rating to a “b” rating in a report on Wednesday, August 1st. Finally, Bank of America lifted their price objective on shares of EPR Properties from $62.25 to $65.00 and gave the company a “neutral” rating in a report on Monday, July 16th.

In related news, SVP Michael L. Hirons sold 7,000 shares of EPR Properties stock in a transaction that occurred on Friday, August 17th. The shares were sold at an average price of $69.97, for a total transaction of $489,790.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.36% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its holdings in EPR Properties by 6.0% in the second quarter. BlackRock Inc. now owns 8,536,989 shares of the real estate investment trust’s stock worth $553,110,000 after purchasing an additional 484,113 shares during the last quarter. Principal Financial Group Inc. grew its holdings in EPR Properties by 38.3% in the first quarter. Principal Financial Group Inc. now owns 5,105,162 shares of the real estate investment trust’s stock worth $282,826,000 after purchasing an additional 1,412,865 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in EPR Properties by 2.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,117,417 shares of the real estate investment trust’s stock worth $72,398,000 after purchasing an additional 30,292 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in EPR Properties by 2.7% in the second quarter. Massachusetts Financial Services Co. MA now owns 972,128 shares of the real estate investment trust’s stock worth $62,984,000 after purchasing an additional 25,417 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in EPR Properties by 7.5% in the second quarter. Northern Trust Corp now owns 942,402 shares of the real estate investment trust’s stock worth $61,057,000 after purchasing an additional 65,845 shares during the last quarter. 89.63% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties stock opened at $68.46 on Friday. The company has a quick ratio of 6.16, a current ratio of 6.16 and a debt-to-equity ratio of 1.03. EPR Properties has a fifty-two week low of $51.87 and a fifty-two week high of $71.43. The company has a market cap of $5.09 billion, a PE ratio of 13.64, a P/E/G ratio of 4.66 and a beta of 0.51.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $1.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.86 by ($0.71). EPR Properties had a net margin of 38.00% and a return on equity of 8.63%. The company had revenue of $202.90 million for the quarter, compared to the consensus estimate of $198.17 million. During the same period in the prior year, the firm posted $1.29 EPS. The business’s revenue was up 37.3% on a year-over-year basis. On average, sell-side analysts predict that EPR Properties will post 6.04 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Friday, September 28th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.10%. The ex-dividend date was Thursday, September 27th. EPR Properties’s payout ratio is 86.06%.

EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

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Analyst Recommendations for EPR Properties (NYSE:EPR)

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