EPR Properties (NYSE:EPR – Get Free Report) had its price objective hoisted by analysts at Truist Financial from $61.00 to $65.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “hold” rating on the real estate investment trust’s stock. Truist Financial‘s price target indicates a potential upside of 9.12% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. Raymond James Financial reissued an “outperform” rating and issued a $65.00 price objective on shares of EPR Properties in a research report on Thursday, August 13th. KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 price objective on the stock in a research note on Wednesday, August 19th. Huntington began coverage on shares of EPR Properties in a report on Wednesday, July 15th. They set an “outperform” rating and a $65.00 price target for the company. JPMorgan Chase & Co. boosted their price target on EPR Properties from $62.00 to $65.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 9th. Finally, Royal Bank Of Canada raised their price objective on shares of EPR Properties from $61.00 to $64.00 and gave the company a “sector perform” rating in a research note on Friday, August 7th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $65.50.
Get Our Latest Stock Analysis on EPR Properties
EPR Properties Trading Down 0.4%
EPR Properties stock traded down $0.22 during midday trading on Friday, reaching $59.57. The stock had a trading volume of 165,207 shares, compared to its average volume of 790,839. The stock has a market capitalization of $4.57 billion, a PE ratio of 16.84, a price-to-earnings-growth ratio of 2.28 and a beta of 1.05. The company has a debt-to-equity ratio of 1.43, a quick ratio of 8.42 and a current ratio of 8.42. The stock’s 50-day simple moving average is $57.23 and its 200 day simple moving average is $57.46. EPR Properties has a twelve month low of $48.36 and a twelve month high of $64.97.
EPR Properties (NYSE:EPR – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.39. EPR Properties had a net margin of 38.83% and a return on equity of 12.78%. The company had revenue of $204.10 million during the quarter, compared to analyst estimates of $169.74 million. During the same quarter in the prior year, the business earned $1.37 earnings per share. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. Analysts expect that EPR Properties will post 5.38 EPS for the current year.
Insider Activity
In related news, SVP Elizabeth Grace sold 4,200 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $60.57, for a total value 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. This trade represents a 15.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.03% of the company’s stock.
Institutional Investors Weigh In On EPR Properties
Several hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. increased its stake in EPR Properties by 477.8% during the third quarter. Russell Investments Group Ltd. now owns 555,164 shares of the real estate investment trust’s stock valued at $31,164,000 after acquiring an additional 459,075 shares during the period. Kestra Investment Management LLC boosted its stake in shares of EPR Properties by 6.1% in the 3rd quarter. Kestra Investment Management LLC now owns 5,149 shares of the real estate investment trust’s stock valued at $289,000 after purchasing an additional 295 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of EPR Properties in the 3rd quarter worth approximately $553,000. Hohimer Wealth Management LLC increased its stake in shares of EPR Properties by 5.6% in the third quarter. Hohimer Wealth Management LLC now owns 4,531 shares of the real estate investment trust’s stock valued at $254,000 after buying an additional 241 shares in the last quarter. Finally, Flagship Wealth Advisors LLC acquired a new stake in EPR Properties in the 3rd quarter valued at about $87,000. 74.66% of the stock is owned by institutional investors.
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.
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