Huntington started coverage on shares of EPR Properties (NYSE:EPR – Free Report) in a research report report published on Wednesday morning, Marketbeat Ratings reports. The firm issued an outperform rating and a $65.00 price objective on the real estate investment trust’s stock.
EPR has been the topic of a number of other research reports. Royal Bank Of Canada raised their price target on EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Morgan Stanley raised EPR Properties from an “equal weight” rating to an “overweight” rating in a research note on Friday, June 12th. Citizens Jmp reaffirmed a “market outperform” rating and set a $70.00 price objective on shares of EPR Properties in a research report on Thursday, July 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of EPR Properties in a research note on Friday, May 22nd. Finally, Truist Financial dropped their target price on EPR Properties from $62.00 to $61.00 and set a “hold” rating on the stock in a report on Tuesday, June 9th. Eight 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 company has an average rating of “Moderate Buy” and a consensus price target of $63.50.
View Our Latest Stock Report on EPR Properties
EPR Properties Stock Down 0.1%
EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.02). The business had revenue of $181.25 million for the quarter, compared to analysts’ expectations of $150.01 million. EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.21 earnings per share. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Sell-side analysts expect that EPR Properties will post 5.31 earnings per share for the current year.
EPR Properties Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be given a dividend of $0.31 per share. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a yield of 6.0%. EPR Properties’s payout ratio is presently 115.17%.
Insider Activity
In other news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total value of $116,220.00. Following the completion of the sale, the senior vice president directly owned 14,213 shares of the company’s stock, valued at $825,917.43. This trade represents a 12.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.03% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of EPR. Norges Bank acquired a new stake in shares of EPR Properties during the 4th quarter valued at approximately $82,823,000. Wasatch Advisors LP acquired a new stake in shares of EPR Properties in the 1st quarter worth approximately $48,633,000. Northern Trust Corp grew its holdings in shares of EPR Properties by 84.8% in the 3rd quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock worth $90,746,000 after acquiring an additional 717,734 shares during the period. Freestone Grove Partners LP purchased a new position in EPR Properties in the 4th quarter valued at approximately $30,055,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in EPR Properties in the 3rd quarter valued at approximately $27,895,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.
About EPR Properties
EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.
The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.
Recommended Stories
- Five stocks we like better than EPR Properties
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.
