EPR Properties (NYSE:EPR) Receives Average Recommendation of “Hold” from Analysts

Shares of EPR Properties (NYSE:EPR) have received an average rating of “Hold” from the nine analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $50.75.

Several equities analysts have recently issued reports on EPR shares. Royal Bank of Canada boosted their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Wells Fargo & Company boosted their price objective on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Stifel Nicolaus boosted their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research report on Thursday, February 27th. Finally, Truist Financial boosted their price objective on EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th.

EPR Properties Stock Performance

Shares of EPR stock opened at $51.35 on Friday. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The business has a 50 day moving average of $49.21 and a two-hundred day moving average of $47.27. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25. The company has a market cap of $3.91 billion, a P/E ratio of 22.23 and a beta of 1.72.

EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The company had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. As a group, analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.295 per share. This is a boost from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. This represents a $3.54 annualized dividend and a yield of 6.89%. EPR Properties’s payout ratio is presently 221.25%.

Insider Buying and Selling

In other news, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the completion of the sale, the chief accounting officer now owns 46,827 shares in the company, valued at approximately $2,430,321.30. This represents a 6.25 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the sale, the senior vice president now owns 8,216 shares of the company’s stock, valued at $443,828.32. This trade represents a 32.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock valued at $502,581 over the last quarter. Corporate insiders own 2.13% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of EPR Properties by 3.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,271 shares of the real estate investment trust’s stock valued at $676,000 after acquiring an additional 450 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of EPR Properties in the fourth quarter valued at $4,412,000. AlphaCore Capital LLC purchased a new stake in shares of EPR Properties in the fourth quarter valued at $410,000. Formidable Asset Management LLC purchased a new stake in shares of EPR Properties in the fourth quarter valued at $425,000. Finally, GF Fund Management CO. LTD. purchased a new stake in shares of EPR Properties in the fourth quarter valued at $61,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified 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 that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.