EPR Properties (EPR) Stock Rating Reaffirmed by FBR & Co
EPR Properties (NYSE:EPR)‘s stock had its “marketperform” rating reissued by FBR & Co in a note issued to investors on Tuesday.
Several other research analysts have also issued reports on the stock. Citigroup Inc. lifted their price target on shares of EPR Properties from $78.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, August 12th. Zacks Investment Research raised shares of EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research note on Monday, August 8th. RBC Capital Markets reaffirmed an “outperform” rating and issued a $88.00 price objective (up previously from $70.00) on shares of EPR Properties in a research note on Thursday, August 4th. Royal Bank Of Canada raised their price objective on shares of EPR Properties from $70.00 to $88.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. Finally, Janney Montgomery Scott reaffirmed a “buy” rating and issued a $88.00 price objective on shares of EPR Properties in a research note on Sunday, July 24th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $85.83.
EPR Properties (NYSE:EPR) traded up 0.3299% during midday trading on Tuesday, hitting $75.3678. The company had a trading volume of 68,688 shares. EPR Properties has a 12-month low of $53.00 and a 12-month high of $84.67. The stock has a market cap of $4.80 billion, a price-to-earnings ratio of 24.5418 and a beta of 0.78. The company’s 50 day moving average is $77.57 and its 200 day moving average is $74.86.
EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.01. The firm had revenue of $118 million for the quarter, compared to analyst estimates of $112.03 million. EPR Properties had a net margin of 46.43% and a return on equity of 10.05%. The firm’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.08 earnings per share. On average, equities analysts anticipate that EPR Properties will post $4.77 EPS for the current fiscal year.
The business also recently announced a sep 16 dividend, which will be paid on Monday, October 17th. Shareholders of record on Friday, September 30th will be paid 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 currently 124.68%.
Large investors have recently modified their holdings of the stock. State Street Corp raised 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. BlackRock Institutional Trust Company N.A. raised its stake in EPR Properties by 17.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 2,418,950 shares of the company’s stock valued at $161,150,000 after buying an additional 352,750 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new stake in EPR Properties during the first quarter valued at about $825,000. Westpac Banking Corp raised its stake in EPR Properties by 7.0% in the second quarter. Westpac Banking Corp now owns 101,319 shares of the company’s stock valued at $8,174,000 after buying an additional 6,597 shares during the last quarter. Finally, Barclays PLC raised its stake in EPR Properties by 1.0% in the first quarter. Barclays PLC now owns 23,613 shares of the company’s stock valued at $1,558,000 after buying an additional 238 shares during the last quarter. 97.20% of the stock is owned by institutional investors.
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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