EPR Properties (NYSE:EPR) Price Target Raised to $61.00

by · The Markets Daily

EPR Properties (NYSE:EPRFree Report) had its price objective raised by Wells Fargo & Company from $60.00 to $61.00 in a report published on Wednesday morning, Marketbeat reports. Wells Fargo & Company currently has an equal weight rating on the real estate investment trust’s stock.

Other research analysts have also recently issued reports about the stock. Raymond James Financial cut shares of EPR Properties from a “strong-buy” rating to an “outperform” rating and lowered their price target for the company from $62.00 to $60.00 in a report on Tuesday, March 17th. UBS Group set a $70.00 price objective on EPR Properties in a report on Thursday, July 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research report on Friday, May 22nd. Royal Bank Of Canada increased their target price on EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $70.00 target price on shares of EPR Properties in a research note on Thursday, July 2nd. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, EPR Properties presently has an average rating of “Moderate Buy” and an average target price of $63.50.

Read Our Latest Analysis on EPR

EPR Properties Price Performance

NYSE:EPR opened at $62.17 on Wednesday. EPR Properties has a one year low of $48.10 and a one year high of $63.30. The company has a market cap of $4.76 billion, a P/E ratio of 19.25, a P/E/G ratio of 2.52 and a beta of 1.02. The firm’s fifty day moving average price is $58.60 and its two-hundred day moving average price is $56.15. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85.

EPR Properties (NYSE:EPRGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.02). The company had revenue of $181.25 million during the quarter, compared to the consensus estimate of $150.01 million. EPR Properties had a net margin of 37.50% and a return on equity of 11.68%. EPR Properties’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.21 earnings per share. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities analysts expect that EPR Properties will post 5.31 earnings per share for the current year.

EPR Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be paid a $0.31 dividend. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, July 31st. EPR Properties’s payout ratio is 115.17%.

Insiders Place Their Bets

In related news, SVP Gwendolyn Mary Johnson sold 1,000 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $60.00, for a total transaction of $60,000.00. Following the completion of the sale, the senior vice president owned 13,213 shares of the company’s stock, valued at $792,780. This represents a 7.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On EPR Properties

Hedge funds and other institutional investors have recently made changes to their positions in the company. Virtus Investment Advisers LLC raised its holdings in shares of EPR Properties by 6.2% in the 4th quarter. Virtus Investment Advisers LLC now owns 3,253 shares of the real estate investment trust’s stock worth $162,000 after purchasing an additional 191 shares during the period. SJS Investment Consulting Inc. lifted its stake in EPR Properties by 25.5% in the first quarter. SJS Investment Consulting Inc. now owns 979 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 199 shares during the last quarter. Fourth Dimension Wealth LLC grew its holdings in EPR Properties by 66.7% during the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Texas Yale Capital Corp. grew its holdings in EPR Properties by 1.4% during the fourth quarter. Texas Yale Capital Corp. now owns 14,050 shares of the real estate investment trust’s stock valued at $701,000 after purchasing an additional 200 shares during the period. Finally, Global Retirement Partners LLC grew its holdings in EPR Properties by 6.1% during the fourth quarter. Global Retirement Partners LLC now owns 3,856 shares of the real estate investment trust’s stock valued at $192,000 after purchasing an additional 221 shares during the period. 74.66% of the stock is currently owned by institutional investors and hedge funds.

About EPR Properties

(Get Free Report)

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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