Analysts Set EPR Properties (NYSE:EPR) Price Target at $83.17
EPR Properties (NYSE:EPR) has been assigned a consensus recommendation of “Buy” from the eight brokerages that are currently covering the firm. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $83.17.
A number of equities research analysts have commented on EPR shares. Janney Montgomery Scott reiterated a “buy” rating and set a $88.00 target price on shares of EPR Properties in a report on Sunday, July 24th. Royal Bank Of Canada increased their target price on EPR Properties from $70.00 to $88.00 and gave the company an “outperform” rating in a report on Thursday, August 4th. KeyCorp upgraded EPR Properties from a “sector weight” rating to an “overweight” rating in a report on Thursday, July 14th. Citigroup Inc. increased their target price on EPR Properties from $68.00 to $78.00 and gave the company a “neutral” rating in a report on Thursday, July 7th. Finally, Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a report on Monday, August 8th.
Shares of EPR Properties (NYSE:EPR) opened at 77.97 on Thursday. The company has a 50 day moving average price of $78.42 and a 200 day moving average price of $74.50. EPR Properties has a 12-month low of $52.37 and a 12-month high of $84.67. The stock has a market cap of $4.96 billion, a P/E ratio of 25.39 and a beta of 0.78.
EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, August 3rd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.01. The firm had revenue of $118 million for the quarter, compared to analysts’ expectations of $112.03 million. EPR Properties had a return on equity of 10.05% and a net margin of 46.43%. EPR Properties’s quarterly revenue was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.08 EPS. Analysts anticipate that EPR Properties will post $4.77 earnings per share for the current fiscal year.
The firm also recently disclosed a sep 16 dividend, which will be paid on Monday, October 17th. Stockholders of record on Friday, September 30th will be issued a dividend of $0.32 per share. This represents a dividend yield of 5.02%. The ex-dividend date is Wednesday, September 28th. EPR Properties’s dividend payout ratio (DPR) is 124.68%.
Several large investors have recently bought and sold shares of the company. Capital Analysts LLC raised its position in shares of EPR Properties by 1.0% in the second quarter. Capital Analysts LLC now owns 1,287 shares of the company’s stock valued at $104,000 after buying an additional 13 shares during the period. Meeder Asset Management Inc. purchased a new position in shares of EPR Properties during the second quarter valued at $200,000. Brinker Capital Inc. purchased a new position in shares of EPR Properties during the second quarter valued at $207,000. Timber Hill LLC purchased a new position in shares of EPR Properties during the second quarter valued at $213,000. Finally, Advisor Group Inc. purchased a new position in shares of EPR Properties during the second quarter valued at $235,000. Institutional investors and hedge funds own 97.20% of the company’s stock.
About EPR Properties
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company operates in four segments: Entertainment, Education, Recreation and Other. The Company’s Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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