EPR Properties (NYSE:EPR) Earns “Market Perform” Rating from JMP Securities

JMP Securities reiterated their market perform rating on shares of EPR Properties (NYSE:EPR) in a research note published on Monday, Benzinga reports.

EPR has been the subject of a number of other reports. Raymond James lifted their price target on shares of EPR Properties from $50.00 to $54.00 and gave the stock an outperform rating in a report on Monday, January 8th. Truist Financial cut their price target on EPR Properties from $51.00 to $46.00 and set a hold rating for the company in a report on Friday, March 22nd. Royal Bank of Canada raised their price objective on EPR Properties from $48.00 to $51.00 and gave the stock a sector perform rating in a report on Thursday, January 11th. Finally, StockNews.com lowered EPR Properties from a buy rating to a hold rating in a research note on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, EPR Properties currently has a consensus rating of Hold and a consensus price target of $48.05.

EPR Properties Stock Down 0.1 %

Shares of NYSE EPR opened at $41.43 on Monday. The firm’s 50-day moving average is $41.44 and its two-hundred day moving average is $43.82. The company has a market capitalization of $3.14 billion, a PE ratio of 20.41 and a beta of 1.64. EPR Properties has a 12-month low of $39.65 and a 12-month high of $49.10. The company has a debt-to-equity ratio of 1.15, a current ratio of 8.45 and a quick ratio of 7.53.

EPR Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be issued a $0.285 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $3.42 annualized dividend and a dividend yield of 8.25%. EPR Properties’s dividend payout ratio is currently 168.47%.

Institutional Investors Weigh In On EPR Properties

Several large investors have recently modified their holdings of the stock. Retirement Systems of Alabama boosted its position in EPR Properties by 0.3% during the first quarter. Retirement Systems of Alabama now owns 94,594 shares of the real estate investment trust’s stock valued at $4,016,000 after purchasing an additional 249 shares during the last quarter. Arizona State Retirement System grew its holdings in EPR Properties by 1.4% during the third quarter. Arizona State Retirement System now owns 21,434 shares of the real estate investment trust’s stock valued at $890,000 after purchasing an additional 291 shares during the last quarter. Prime Capital Investment Advisors LLC raised its position in shares of EPR Properties by 1.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 19,474 shares of the real estate investment trust’s stock valued at $944,000 after purchasing an additional 297 shares during the period. Venturi Wealth Management LLC lifted its stake in shares of EPR Properties by 59.5% in the fourth quarter. Venturi Wealth Management LLC now owns 823 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 307 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in shares of EPR Properties by 1.0% in the fourth quarter. Treasurer of the State of North Carolina now owns 32,910 shares of the real estate investment trust’s stock valued at $1,594,000 after purchasing an additional 320 shares during the last quarter. 74.66% of the stock is owned by institutional investors.

About EPR Properties

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.