Brokerages Set EPR Properties (NYSE:EPR) Target Price at $48.28

by · The Markets Daily

EPR Properties (NYSE:EPR – Get Free Report) has been given an average rating of “Hold” by the nine ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $47.94.

EPR has been the topic of a number of research reports. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. JPMorgan Chase & Co. lifted their price objective on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 target price (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. Finally, UBS Group assumed coverage on EPR Properties in a research note on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target for the company.

Check Out Our Latest Research Report on EPR Properties

EPR Properties Stock Performance

Shares of EPR stock opened at $44.56 on Tuesday. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 19.29 and a beta of 1.75. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock’s fifty day simple moving average is $44.86 and its 200-day simple moving average is $45.39.

EPR Properties Announces Dividend

The company also recently declared a dec 24 dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a $0.285 dividend. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 31st. EPR Properties’s dividend payout ratio is 148.05%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC boosted its holdings in EPR Properties by 64.1% during the second quarter. AQR Capital Management LLC now owns 1,044,134 shares of the real estate investment trust’s stock valued at $43,279,000 after acquiring an additional 407,767 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in EPR Properties by 304.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust’s stock valued at $22,442,000 after purchasing an additional 344,544 shares during the period. Renaissance Technologies LLC boosted its stake in EPR Properties by 23.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,177,586 shares of the real estate investment trust’s stock valued at $49,435,000 after purchasing an additional 222,800 shares during the period. JPMorgan Chase & Co. grew its holdings in EPR Properties by 35.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock valued at $33,010,000 after buying an additional 177,061 shares during the last quarter. Finally, Raymond James & Associates increased its position in EPR Properties by 398.0% during the third quarter. Raymond James & Associates now owns 154,198 shares of the real estate investment trust’s stock worth $7,562,000 after acquiring an additional 123,233 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Company Profile

(Get Free Report

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.

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