Analysts Set EPR Properties (NYSE:EPR) PT at $50.13

Shares of EPR Properties (NYSE:EPR) have received a consensus rating of “Hold” from the nine ratings firms that are currently 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 issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $50.75.

A number of research firms have commented on EPR. Stifel Nicolaus raised their target price on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. Wells Fargo & Company raised their target price on shares of EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. Truist Financial raised their target price on shares of EPR Properties from $46.00 to $51.00 and gave the company a “hold” rating in a research report on Tuesday. Finally, Royal Bank of Canada raised their target price on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, March 6th.

EPR Properties Trading Down 0.3 %

EPR stock opened at $51.80 on Friday. The company has a market capitalization of $3.94 billion, a PE ratio of 22.42 and a beta of 1.72. EPR Properties has a 12 month low of $39.66 and a 12 month high of $54.25. The firm’s 50-day moving average is $48.81 and its 200 day moving average is $47.18. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81.

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

EPR Properties Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.295 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.83%. This is an increase from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s payout ratio is presently 221.25%.

Insider Transactions at EPR Properties

In other news, CAO Tonya L. Mater sold 3,120 shares of EPR Properties stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares of the company’s stock, valued at $2,430,321.30. The trade was a 6.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the transaction, the senior vice president now directly owns 8,216 shares in the company, valued at approximately $443,828.32. The trade was 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 in the last 90 days. Insiders own 2.13% of the company’s stock.

Institutional Trading of EPR Properties

A number of institutional investors have recently bought and sold shares of EPR. Brooklyn Investment Group acquired a new stake in EPR Properties in the 3rd quarter worth approximately $27,000. Synergy Investment Management LLC acquired a new stake in EPR Properties in the 4th quarter worth approximately $27,000. GAMMA Investing LLC boosted its stake in EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 302 shares in the last quarter. Principal Securities Inc. boosted its stake in EPR Properties by 54.5% in the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 457 shares in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new stake in EPR Properties in the 4th quarter worth approximately $60,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.