EPR Properties Announces Oct 16 Dividend of $0.32 (EPR)
EPR Properties (NYSE:EPR) announced a oct 16 dividend on Wednesday, October 19th. Stockholders of record on Monday, October 31st will be given a dividend of 0.32 per share on Tuesday, November 15th.
EPR Properties (NYSE:EPR) traded down 0.22% during mid-day trading on Wednesday, hitting $75.63. 250,380 shares of the stock were exchanged. The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 24.63 and a beta of 0.78. EPR Properties has a 52-week low of $53.00 and a 52-week high of $84.67. The company has a 50 day moving average price of $77.24 and a 200 day moving average price of $75.19.
EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $1.17 EPS for the quarter, topping the 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 company earned $118 million during the quarter, compared to analysts’ expectations of $112.03 million. During the same quarter in the previous year, the business posted $1.08 EPS. The firm’s revenue was up 16.5% on a year-over-year basis. On average, analysts anticipate that EPR Properties will post $4.77 EPS for the current year.
Several hedge funds have recently modified their holdings of EPR. Brinker Capital Inc. acquired a new stake in EPR Properties during the second quarter valued at approximately $207,000. Advisor Group Inc. acquired a new stake in EPR Properties during the second quarter valued at approximately $235,000. Pacer Advisors Inc. acquired a new stake in EPR Properties during the second quarter valued at approximately $386,000. Sei Investments Co. increased its stake in EPR Properties by 5.4% in the second quarter. Sei Investments Co. now owns 5,807 shares of the company’s stock valued at $469,000 after buying an additional 299 shares during the period. Finally, Janus Capital Management LLC acquired a new stake in EPR Properties during the second quarter valued at approximately $692,000. Institutional investors and hedge funds own 97.15% of the company’s stock.
EPR has been the subject of several analyst reports. Zacks Investment Research upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a report on Monday, August 8th. Janney Montgomery Scott reiterated a “buy” rating and set a $88.00 price target on shares of EPR Properties in a report on Sunday, July 24th. FBR & Co initiated coverage on shares of EPR Properties in a report on Wednesday, October 12th. They set a “market perform” rating and a $80.00 price target for the company. Citigroup Inc. boosted their price target on shares of EPR Properties from $68.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, July 7th. Finally, RBC Capital Markets reiterated an “outperform” rating and set a $88.00 price target (up previously from $70.00) on shares of EPR Properties in a report on Thursday, August 4th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $85.83.
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.
Receive News & Stock Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related stocks with our FREE daily email newsletter.