Truist Financial Lowers EPR Properties (NYSE:EPR) Price Target to $50.00

EPR Properties (NYSE:EPR – Get Rating) had its price objective lowered by Truist Financial from $51.00 to $50.00 in a research report released on Tuesday, The Fly reports. The brokerage currently has a hold rating on the real estate investment trust’s stock.

EPR has been the topic of a number of other reports. Stifel Nicolaus upped their target price on EPR Properties from $56.00 to $56.50 and gave the stock a hold rating in a research note on Wednesday, February 23rd. Royal Bank of Canada increased their price objective on EPR Properties from $54.00 to $55.00 and gave the company a sector perform rating in a research report on Tuesday, March 15th. StockNews.com upgraded EPR Properties from a hold rating to a buy rating in a research report on Tuesday, June 14th. Finally, Raymond James increased their price objective on EPR Properties from $62.00 to $64.00 and gave the company a strong-buy rating in a research report on Friday, March 11th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, EPR Properties currently has a consensus rating of Moderate Buy and an average target price of $56.70.

Shares of EPR opened at $45.99 on Tuesday. The stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of 30.46, a price-to-earnings-growth ratio of 0.80 and a beta of 1.60. The company has a debt-to-equity ratio of 1.08, a quick ratio of 8.14 and a current ratio of 8.14. The stock’s 50-day simple moving average is $50.60 and its 200 day simple moving average is $49.22. EPR Properties has a 52-week low of $41.14 and a 52-week high of $56.38.

EPR Properties (NYSE:EPR – Get Rating) last announced its earnings results on Wednesday, May 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.55). The business had revenue of $157.47 million during the quarter, compared to the consensus estimate of $145.54 million. EPR Properties had a return on equity of 5.23% and a net margin of 23.80%. EPR Properties’s revenue was up 40.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.52 earnings per share. On average, research analysts forecast that EPR Properties will post 4.55 earnings per share for the current fiscal year.

The business also recently declared a monthly dividend, which will be paid on Friday, July 15th. Investors of record on Thursday, June 30th will be given a dividend of $0.275 per share. The ex-dividend date is Wednesday, June 29th. This represents a $3.30 annualized dividend and a yield of 7.18%. EPR Properties’s payout ratio is 218.54%.

In related news, CFO Mark Alan Peterson sold 4,543 shares of the firm’s stock in a transaction that occurred on Tuesday, March 29th. The stock was sold at an average price of $55.02, for a total transaction of $249,955.86. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.78% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC bought a new position in EPR Properties during the 1st quarter worth approximately $28,000. UMB Bank N A MO purchased a new stake in EPR Properties in the 4th quarter worth approximately $26,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in EPR Properties in the 1st quarter worth approximately $38,000. Catalyst Capital Advisors LLC purchased a new stake in EPR Properties in the 1st quarter worth approximately $51,000. Finally, Parallel Advisors LLC lifted its holdings in EPR Properties by 26.4% in the 1st quarter. Parallel Advisors LLC now owns 1,102 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 230 shares during the period. Institutional investors and hedge funds own 78.44% of the company’s stock.

EPR Properties Company Profile (Get Rating)

EPR Properties is a leading experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.

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