Equities research analysts expect EPR Properties (NYSE:EPR) to report earnings per share (EPS) of $1.37 for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for EPR Properties’ earnings. The lowest EPS estimate is $1.35 and the highest is $1.39. EPR Properties posted earnings of $1.29 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 6.2%. The company is expected to report its next earnings report after the market closes on Monday, February 25th.
According to Zacks, analysts expect that EPR Properties will report full year earnings of $6.07 per share for the current financial year, with EPS estimates ranging from $6.03 to $6.09. For the next financial year, analysts anticipate that the company will report earnings of $5.36 per share, with EPS estimates ranging from $5.25 to $5.48. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that follow EPR Properties.
EPR has been the subject of a number of recent research reports. Zacks Investment Research cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research report on Tuesday, October 30th. Citigroup boosted their target price on shares of EPR Properties from $65.00 to $70.00 and gave the company a “hold” rating in a research report on Thursday, November 1st. Royal Bank of Canada reissued a “buy” rating and issued a $73.00 target price on shares of EPR Properties in a research report on Monday, November 26th. Raymond James raised shares of EPR Properties from a “market perform” rating to an “outperform” rating and set a $76.00 target price for the company in a research report on Thursday, December 6th. Finally, JPMorgan Chase & Co. raised shares of EPR Properties from an “underweight” rating to a “neutral” rating in a research report on Wednesday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $71.19.
In related news, CFO Mark Alan Peterson sold 3,575 shares of the company’s stock in a transaction dated Tuesday, November 20th. The shares were sold at an average price of $71.00, for a total transaction of $253,825.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Peter C. Brown sold 2,000 shares of the company’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $70.37, for a total transaction of $140,740.00. The disclosure for this sale can be found here. Insiders have sold 9,150 shares of company stock valued at $652,037 in the last ninety days. 1.36% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Lindbrook Capital LLC bought a new stake in EPR Properties during the fourth quarter worth about $25,000. Oregon Public Employees Retirement Fund lifted its position in EPR Properties by 6,303.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,873,518 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,844,258 shares during the period. Pearl River Capital LLC bought a new stake in EPR Properties during the fourth quarter worth about $32,000. Capital Investment Advisory Services LLC bought a new stake in EPR Properties during the fourth quarter worth about $33,000. Finally, Fort L.P. lifted its position in EPR Properties by 173.2% during the fourth quarter. Fort L.P. now owns 560 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 355 shares during the period. 87.01% of the stock is owned by institutional investors and hedge funds.
Shares of EPR Properties stock opened at $74.35 on Thursday. The stock has a market capitalization of $5.49 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 4.16 and a beta of 0.70. EPR Properties has a 52-week low of $51.87 and a 52-week high of $74.45. The company has a debt-to-equity ratio of 1.02, a current ratio of 5.57 and a quick ratio of 5.57.
The company also recently disclosed a feb 19 dividend, which will be paid on Friday, February 15th. Investors of record on Thursday, January 31st will be given a dividend of $0.375 per share. This is a boost from EPR Properties’s previous feb 19 dividend of $0.36. The ex-dividend date is Wednesday, January 30th. This represents a yield of 6.41%. EPR Properties’s dividend payout ratio is currently 89.64%.
About EPR Properties
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.
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