EPR Properties (NYSE:EPR) Stock Gets Price Target Cut from Wells Fargo & Company

EPR Properties (NYSE:EPR) had its price objective lowered by Wells Fargo & Company from $61.00 to $56.00 in a report published on Monday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the real estate investment trust’s stock.

Several other analysts also recently weighed in on EPR. Citizens Jmp reissued a “market outperform” rating and issued a $70.00 price target on shares of EPR Properties in a research note on Thursday, July 2nd. Royal Bank Of Canada upped their price target on shares of EPR Properties from $61.00 to $64.00 and gave the company a “sector perform” rating in a research report on Friday, August 7th. UBS Group set a $70.00 price objective on EPR Properties in a research note on Thursday, July 2nd. Stifel Nicolaus lifted their price objective on EPR Properties from $66.00 to $70.50 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. boosted their target price on EPR Properties from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Wednesday, September 9th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.65.

EPR Properties Trading Down 1.5%

EPR stock opened at $54.53 on Monday. The company has a market capitalization of $4.18 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 2.14 and a beta of 1.03. The company has a debt-to-equity ratio of 1.43, a quick ratio of 9.51 and a current ratio of 9.51. EPR Properties has a one year low of $48.10 and a one year high of $64.97. The company’s 50 day moving average price is $57.85 and its two-hundred day moving average price is $58.23.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The company had revenue of $196.08 million during the quarter, compared to analysts’ expectations of $158.13 million. During the same quarter in the prior year, the company earned $1.26 EPS. The firm’s revenue was up 30.4% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, analysts predict that EPR Properties will post 5.38 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 30th will be issued a $0.31 dividend. The ex-dividend date is Friday, October 30th. This represents a $3.72 annualized dividend and a yield of 6.8%. EPR Properties’s payout ratio is 119.61%.

Insiders Place Their Bets

In other EPR Properties news, SVP Elizabeth Grace sold 4,200 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $60.57, for a total transaction of $254,394.00. Following the transaction, the senior vice president directly owned 22,427 shares of the company’s stock, valued at approximately $1,358,403.39. The trade was a 15.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya Mater sold 6,692 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $61.79, for a total transaction of $413,498.68. Following the completion of the transaction, the chief accounting officer owned 49,167 shares of the company’s stock, valued at $3,038,028.93. This trade represents a 11.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.03% of the stock is currently owned by insiders.

Hedge Funds Weigh In On EPR Properties

Several hedge funds and other institutional investors have recently modified their holdings of EPR. First Bancorp Inc ME purchased a new position in shares of EPR Properties during the 2nd quarter worth approximately $27,000. Pension & Wealth Management Advisors Inc. bought a new position in shares of EPR Properties in the 3rd quarter worth approximately $37,000. Elevation Wealth Partners LLC raised its position in shares of EPR Properties by 753.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 657 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 580 shares in the last quarter. SJS Investment Consulting Inc. raised its position in shares of EPR Properties by 25.5% in the 1st quarter. SJS Investment Consulting Inc. now owns 979 shares of the real estate investment trust’s stock worth $49,000 after acquiring an additional 199 shares in the last quarter. Finally, CX Institutional lifted its stake in shares of EPR Properties by 5,555.6% in the 3rd quarter. CX Institutional now owns 1,018 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 1,000 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is a specialty real estate investment trust that owns and leases experiential real estate. The company focuses on properties designed for entertainment, recreation and leisure activities, including movie theaters, ski resorts, waterparks, attractions, fitness and wellness facilities, and other destination-based venues.

EPR generally leases its properties to operators under long-term, often triple-net lease agreements, under which tenants are typically responsible for property-level operating expenses, maintenance, taxes and insurance.