EPR Properties (NYSE:EPR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of EPR Properties (NYSE:EPR) from a hold rating to a buy rating in a report published on Saturday.

EPR has been the subject of a number of other research reports. Truist Financial raised their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the stock a “hold” rating in a report on Monday, May 19th. Stifel Nicolaus raised their price objective on shares of EPR Properties from $65.00 to $65.50 and gave the stock a “buy” rating in a report on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on shares of EPR Properties from $56.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday. Wells Fargo & Company raised shares of EPR Properties from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $54.00 to $56.00 in a report on Thursday, September 11th. Finally, Raymond James Financial upped their price objective on shares of EPR Properties from $57.00 to $62.00 and gave the company a “strong-buy” rating in a report on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, EPR Properties has an average rating of “Hold” and an average price target of $59.36.

EPR Properties Stock Performance

NYSE EPR opened at $58.30 on Friday. EPR Properties has a 52-week low of $41.75 and a 52-week high of $61.24. The company has a 50-day simple moving average of $55.77 and a 200 day simple moving average of $53.80. The company has a debt-to-equity ratio of 1.20, a quick ratio of 7.77 and a current ratio of 7.77. The company has a market capitalization of $4.44 billion, a PE ratio of 28.72, a price-to-earnings-growth ratio of 4.12 and a beta of 1.32.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.01). EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The company had revenue of $150.35 million for the quarter, compared to analysts’ expectations of $176.50 million. During the same quarter last year, the business posted $1.22 EPS. The business’s quarterly revenue was up 3.7% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. On average, research analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 2.0%. EPR Properties’s dividend payout ratio is currently 174.38%.

Insiders Place Their Bets

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $53.35, for a total value of $400,125.00. Following the sale, the executive vice president directly owned 88,877 shares of the company’s stock, valued at $4,741,587.95. This trade represents a 7.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 22,500 shares of company stock valued at $1,249,950 over the last quarter. Company insiders own 2.31% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

A number of institutional investors and hedge funds have recently bought and sold shares of EPR. Caitong International Asset Management Co. Ltd raised its stake in EPR Properties by 235.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 537 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 377 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in EPR Properties during the second quarter valued at approximately $32,000. UMB Bank n.a. grew its position in EPR Properties by 231.7% during the second quarter. UMB Bank n.a. now owns 743 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 519 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its position in EPR Properties by 88.9% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 850 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 400 shares during the last quarter. Finally, Allworth Financial LP grew its position in EPR Properties by 53.0% during the first quarter. Allworth Financial LP now owns 1,135 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 393 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Company Profile

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.