EPR Properties (NYSE:EPR) Price Target Raised to $66.00

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EPR Properties (NYSE:EPR) had its target price raised by Stifel Nicolaus from $63.00 to $66.00 in a research report released on Tuesday, June 19th. The firm currently has a hold rating on the real estate investment trust’s stock.

Several other research analysts have also issued reports on EPR. Bank of America lowered shares of EPR Properties from a buy rating to a neutral rating and set a $60.00 price target for the company. in a research report on Monday, March 5th. LADENBURG THALM/SH SH lowered shares of EPR Properties from a buy rating to a neutral rating in a research report on Monday, March 26th. Zacks Investment Research lowered shares of EPR Properties from a hold rating to a sell rating in a report on Wednesday, March 14th. SunTrust Banks set a $57.00 price objective on shares of EPR Properties and gave the stock a hold rating in a report on Tuesday, April 3rd. Finally, Citigroup dropped their price objective on shares of EPR Properties from $70.00 to $60.00 and set a neutral rating for the company in a report on Tuesday, March 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $69.00.

EPR stock opened at $65.50 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 8.07 and a quick ratio of 8.07. EPR Properties has a 52-week low of $51.87 and a 52-week high of $75.45. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 2.43 and a beta of 0.49.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Tuesday, May 8th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.92). The firm had revenue of $155.00 million for the quarter, compared to the consensus estimate of $151.23 million. EPR Properties had a net margin of 39.64% and a return on equity of 8.23%. During the same quarter last year, the company earned $1.19 earnings per share. equities analysts anticipate that EPR Properties will post 5.85 EPS for the current fiscal year.

The company also recently announced a jun 18 dividend, which will be paid on Monday, July 16th. Shareholders of record on Friday, June 29th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Thursday, June 28th. This represents a yield of 6.67%. EPR Properties’s dividend payout ratio (DPR) is presently 86.06%.

In other EPR Properties news, VP Tonya L. Mater sold 2,500 shares of the stock in a transaction on Friday, June 8th. The shares were sold at an average price of $62.65, for a total value of $156,625.00. Following the sale, the vice president now directly owns 31,456 shares in the company, valued at $1,970,718.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.36% of the company’s stock.

Several large investors have recently modified their holdings of the stock. Principal Financial Group Inc. increased its stake in EPR Properties by 38.3% in the 1st quarter. Principal Financial Group Inc. now owns 5,105,162 shares of the real estate investment trust’s stock valued at $282,826,000 after buying an additional 1,412,865 shares during the last quarter. Millennium Management LLC increased its stake in EPR Properties by 633.0% in the 4th quarter. Millennium Management LLC now owns 887,369 shares of the real estate investment trust’s stock valued at $58,087,000 after buying an additional 766,302 shares during the last quarter. Wedge Capital Management L L P NC increased its stake in EPR Properties by 25.2% in the 1st quarter. Wedge Capital Management L L P NC now owns 2,458,422 shares of the real estate investment trust’s stock valued at $136,197,000 after buying an additional 495,167 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in EPR Properties by 24.5% in the 1st quarter. State of New Jersey Common Pension Fund D now owns 1,737,050 shares of the real estate investment trust’s stock valued at $96,233,000 after buying an additional 342,000 shares during the last quarter. Finally, BlackRock Inc. increased its stake in EPR Properties by 4.3% in the 1st quarter. BlackRock Inc. now owns 8,052,876 shares of the real estate investment trust’s stock valued at $446,129,000 after buying an additional 334,276 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

Analyst Recommendations for EPR Properties (NYSE:EPR)

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