EPR Properties (EPR) Receives New Coverage from Analysts at FBR & Co
A number of other equities analysts have also issued reports on the stock. Citigroup Inc. boosted their target price on shares of EPR Properties from $68.00 to $78.00 and gave the stock a neutral rating in a research report on Thursday, July 7th. RBC Capital Markets reissued an outperform rating and issued a $88.00 price target (up previously from $70.00) on shares of EPR Properties in a report on Thursday, August 4th. Janney Montgomery Scott initiated coverage on shares of EPR Properties in a report on Thursday, July 21st. They issued a neutral rating on the stock. Zacks Investment Research raised shares of EPR Properties from a hold rating to a buy rating and set a $91.00 price target on the stock in a report on Monday, August 8th. Finally, KeyCorp raised shares of EPR Properties from a sector weight rating to an overweight rating in a report on Thursday, July 14th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. EPR Properties has an average rating of Buy and an average target price of $85.83.
EPR Properties (NYSE:EPR) opened at 75.12 on Wednesday. The firm’s 50-day moving average is $77.57 and its 200 day moving average is $74.86. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 24.46 and a beta of 0.78. EPR Properties has a one year low of $53.00 and a one year high of $84.67.
EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $1.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.01. EPR Properties had a net margin of 46.43% and a return on equity of 10.05%. The business earned $118 million during the quarter, compared to analysts’ expectations of $112.03 million. During the same period in the previous year, the company earned $1.08 earnings per share. EPR Properties’s revenue for the quarter was up 16.5% on a year-over-year basis. Analysts forecast that EPR Properties will post $4.77 EPS for the current fiscal year.
The business also recently declared a sep 16 dividend, which will be paid on Monday, October 17th. Stockholders of record on Friday, September 30th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a dividend yield of 5.02%. EPR Properties’s dividend payout ratio (DPR) is presently 124.68%.
Several hedge funds have recently made changes to their positions in the stock. Mariner Wealth Advisors LLC boosted its stake in shares of EPR Properties by 3.2% in the first quarter. Mariner Wealth Advisors LLC now owns 10,015 shares of the company’s stock worth $667,000 after buying an additional 315 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of EPR Properties by 34.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,140,736 shares of the company’s stock worth $142,616,000 after buying an additional 554,275 shares during the period. State Street Corp boosted its stake in shares of EPR Properties by 48.8% in the first quarter. State Street Corp now owns 2,256,724 shares of the company’s stock worth $150,344,000 after buying an additional 740,297 shares during the period. Kempen Capital Management N.V. boosted its stake in shares of EPR Properties by 19.3% in the first quarter. Kempen Capital Management N.V. now owns 21,659 shares of the company’s stock worth $1,443,000 after buying an additional 3,510 shares during the period. Finally, Credit Agricole S A boosted its stake in shares of EPR Properties by 5.8% in the first quarter. Credit Agricole S A now owns 22,557 shares of the company’s stock worth $1,503,000 after buying an additional 1,239 shares during the period. 97.20% of the stock is owned by institutional investors.
EPR Properties Company Profile
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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