FBR & Co Weighs in on EPR Properties’ Q3 2016 Earnings (EPR)
EPR Properties (NYSE:EPR) – Equities research analysts at FBR & Co issued their Q3 2016 earnings estimates for shares of EPR Properties in a research report issued to clients and investors on Tuesday. FBR & Co analyst D. Corak forecasts that the firm will earn $1.19 per share for the quarter. FBR & Co currently has a “Marketperform” rating and a $80.00 price target on the stock. FBR & Co also issued estimates for EPR Properties’ Q4 2016 earnings at $1.23 EPS, FY2016 earnings at $4.76 EPS, Q1 2017 earnings at $1.23 EPS, Q2 2017 earnings at $1.24 EPS, Q3 2017 earnings at $1.28 EPS, Q4 2017 earnings at $1.32 EPS and FY2017 earnings at $5.07 EPS.
EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, August 3rd. The company reported $1.17 earnings per share (EPS) for the quarter, beating 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 return on equity of 10.05% and a net margin of 46.43%. The business’s revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.08 earnings per share.
A number of other research analysts also recently weighed in on the company. Citigroup Inc. upped their target price on EPR Properties from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, August 12th. Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a research note on Monday, August 8th. RBC Capital Markets restated an “outperform” rating and issued a $88.00 price target (up previously from $70.00) on shares of EPR Properties in a research note on Thursday, August 4th. Royal Bank Of Canada upped their price target on 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 restated a “buy” rating and issued a $88.00 price target on shares of EPR Properties in a research note on Sunday, July 24th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. EPR Properties currently has a consensus rating of “Buy” and an average price target of $85.83.
Shares of EPR Properties (NYSE:EPR) opened at 75.19 on Friday. EPR Properties has a 52 week low of $53.00 and a 52 week high of $84.67. The company has a market capitalization of $4.78 billion, a price-to-earnings ratio of 24.48 and a beta of 0.78. The firm has a 50 day moving average price of $77.40 and a 200 day moving average price of $74.93.
The firm 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. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a yield of 5.02%. EPR Properties’s dividend payout ratio is 124.68%.
Hedge funds have recently modified their holdings of the stock. Capital Analysts LLC increased its stake 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 in the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of EPR Properties during the second quarter valued at approximately $200,000. Brinker Capital Inc. acquired a new stake in shares of EPR Properties during the second quarter valued at approximately $207,000. Timber Hill LLC purchased a new position in EPR Properties during the second quarter valued at $213,000. Finally, Advisor Group Inc. purchased a new position in EPR Properties during the second quarter valued at $235,000. Institutional investors and hedge funds own 97.20% of the company’s stock.
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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