EPR Properties (NYSE:EPR) Given New $57.00 Price Target at Raymond James

EPR Properties (NYSE:EPR) had its price target hoisted by Raymond James from $54.00 to $57.00 in a report released on Friday morning,Benzinga reports. Raymond James currently has a strong-buy rating on the real estate investment trust’s stock.

A number of other equities analysts have also recently weighed in on EPR. UBS Group lifted their price target on shares of EPR Properties from $52.00 to $56.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 13th. Stifel Nicolaus lifted their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Truist Financial boosted their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a research note on Monday, May 19th. Wall Street Zen upgraded shares of EPR Properties from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $58.00 price objective on shares of EPR Properties in a research note on Monday, May 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, EPR Properties presently has an average rating of “Hold” and an average target price of $54.43.

EPR Properties Stock Performance

NYSE EPR opened at $52.78 on Friday. 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 firm has a market cap of $4.02 billion, a price-to-earnings ratio of 22.85 and a beta of 1.26. The company has a 50 day moving average of $50.17 and a 200-day moving average of $47.99. EPR Properties has a 1-year low of $39.87 and a 1-year high of $54.25.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.05. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $146.36 million during the quarter, compared to analyst estimates of $155.46 million. During the same quarter last year, the business posted $1.12 earnings per share. EPR Properties’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Dividend Announcement

The business also recently announced a may 25 dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be issued a dividend of $0.295 per share. This represents a dividend yield of 6.6%. The ex-dividend date is Friday, May 30th. EPR Properties’s payout ratio is 217.18%.

Insider Buying and Selling

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of EPR Properties stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the sale, the senior vice president now owns 15,299 shares of the company’s stock, valued at approximately $795,395.01. The trade was a 14.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now directly owns 8,216 shares of the company’s stock, valued at $443,828.32. This represents a 32.19% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,520 shares of company stock valued at $502,581. Company insiders own 2.31% of the company’s stock.

Institutional Trading of EPR Properties

A number of institutional investors have recently bought and sold shares of EPR. Wealthfront Advisers LLC bought a new stake in EPR Properties in the 4th quarter valued at about $302,313,000. Deutsche Bank AG boosted its holdings in EPR Properties by 3,816.2% in the 1st quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock valued at $98,642,000 after purchasing an additional 1,827,098 shares during the period. Norges Bank bought a new stake in EPR Properties in the 4th quarter valued at about $41,148,000. Russell Investments Group Ltd. boosted its holdings in EPR Properties by 378.0% in the 1st quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust’s stock valued at $43,221,000 after purchasing an additional 649,675 shares during the period. Finally, Wellington Management Group LLP bought a new stake in EPR Properties in the 1st quarter valued at about $21,166,000. Institutional investors own 74.66% of the company’s stock.

EPR Properties Company Profile

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.