EPR Properties (NYSE:EPR) Stock Has Consensus Price Target of $65.14 According to Analysts

EPR Properties (NYSE:EPR) has been given an average recommendation of “Moderate Buy” by the thirteen research firms that are presently covering the company, Marketbeat Ratings 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 objective among brokerages that have updated their coverage on the stock in the last year is $65.50.

Several analysts have commented on EPR shares. KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 target price on the stock in a report on Wednesday, August 19th. Royal Bank Of Canada upped their price target on shares of EPR Properties from $61.00 to $64.00 and gave the company a “sector perform” rating in a report on Friday, August 7th. Huntington assumed coverage on shares of EPR Properties in a research report on Wednesday, July 15th. They set an “outperform” rating and a $65.00 price objective for the company. Wells Fargo & Company dropped their price objective 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. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research report on Wednesday, August 19th.

EPR Properties Stock Up 0.1%

NYSE:EPR opened at $59.57 on Friday. EPR Properties has a 1 year low of $48.36 and a 1 year high of $64.97. The stock has a 50-day moving average price of $57.23 and a two-hundred day moving average price of $57.48. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of 16.83, a PEG ratio of 2.23 and a beta of 1.05. The company has a current ratio of 8.42, a quick ratio of 8.42 and a debt-to-equity ratio of 1.43.

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

EPR Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a dividend of $0.31 per share. This represents a $3.72 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Monday, November 30th. EPR Properties’s dividend payout ratio is 105.08%.

Insider Transactions at EPR Properties

In other EPR Properties news, SVP Elizabeth Grace sold 4,200 shares of the 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 owned 22,427 shares in the company, valued at approximately $1,358,403.39. This represents a 15.77% decrease in their position. The transaction 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. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Large investors have recently modified their holdings of the stock. Russell Investments Group Ltd. boosted its holdings in shares of EPR Properties by 477.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 555,164 shares of the real estate investment trust’s stock worth $31,164,000 after buying an additional 459,075 shares during the period. Kestra Investment Management LLC grew its stake in EPR Properties by 6.1% in the 3rd quarter. Kestra Investment Management LLC now owns 5,149 shares of the real estate investment trust’s stock valued at $289,000 after buying an additional 295 shares during the last quarter. AlphaCore Capital LLC bought a new position in EPR Properties in the 3rd quarter valued at about $553,000. Hohimer Wealth Management LLC raised its holdings in EPR Properties by 5.6% in the 3rd quarter. Hohimer Wealth Management LLC now owns 4,531 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 241 shares during the period. Finally, Flagship Wealth Advisors LLC bought a new position in EPR Properties in the 3rd quarter valued at about $87,000. 74.66% of the stock is owned by institutional investors.

About EPR Properties

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.

Founded in 1997 as Entertainment Properties Trust, the company later adopted the EPR Properties name.