Zacks Investment Research upgraded shares of EPR Properties (NYSE:EPR) from a sell rating to a hold rating in a research report sent to investors on Tuesday.
According to Zacks, “EPR Properties is specialty real estate investment trust that invests in three primary segments: Entertainment, Recreation and Education. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. EPR Properties is based in Kansas City, Missouri. “
Other research analysts have also recently issued reports about the company. Royal Bank of Canada set a $68.00 target price on EPR Properties and gave the stock a buy rating in a research report on Thursday, March 1st. Ladenburg Thalmann Financial Services set a $72.00 target price on EPR Properties and gave the stock a buy rating in a research report on Monday, February 5th. Stifel Nicolaus reduced their target price on EPR Properties from $76.00 to $61.00 and set a hold rating for the company in a research report on Thursday, March 1st. ValuEngine cut EPR Properties from a buy rating to a hold rating in a research report on Friday, February 2nd. Finally, SunTrust Banks set a $65.00 target price on EPR Properties and gave the stock a hold rating in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $69.33.
EPR Properties (EPR) opened at $55.52 on Tuesday. The company has a market capitalization of $4,156.55, a price-to-earnings ratio of 11.21, a P/E/G ratio of 1.92 and a beta of 0.46. EPR Properties has a 12-month low of $51.87 and a 12-month high of $76.90. The company has a debt-to-equity ratio of 1.03, a current ratio of 8.20 and a quick ratio of 8.20.
EPR Properties (NYSE:EPR) last issued its earnings results on Wednesday, February 28th. The real estate investment trust reported $0.74 EPS for the quarter, missing the consensus estimate of $1.44 by ($0.70). The firm had revenue of $147.70 million during the quarter, compared to the consensus estimate of $151.87 million. EPR Properties had a return on equity of 9.60% and a net margin of 45.65%. The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the business earned $1.26 earnings per share. analysts predict that EPR Properties will post 5.33 EPS for the current year.
The business also recently disclosed a mar 18 dividend, which will be paid on Monday, April 16th. Shareholders of record on Thursday, March 29th will be paid a dividend of $0.36 per share. The ex-dividend date is Wednesday, March 28th. This represents a yield of 7.67%. EPR Properties’s dividend payout ratio is currently 131.71%.
In other EPR Properties news, SVP Craig L. Evans sold 14,000 shares of the stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $60.03, for a total transaction of $840,420.00. Following the completion of the transaction, the senior vice president now directly owns 38,384 shares in the company, valued at $2,304,191.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in EPR. Millennium Management LLC raised its stake in EPR Properties by 633.0% during the fourth quarter. Millennium Management LLC now owns 887,369 shares of the real estate investment trust’s stock worth $58,087,000 after acquiring an additional 766,302 shares in the last quarter. Wedge Capital Management L L P NC raised its stake in EPR Properties by 18.7% during the fourth quarter. Wedge Capital Management L L P NC now owns 1,963,255 shares of the real estate investment trust’s stock worth $128,515,000 after acquiring an additional 308,837 shares in the last quarter. BlackRock Inc. raised its stake in EPR Properties by 2.6% during the fourth quarter. BlackRock Inc. now owns 7,718,600 shares of the real estate investment trust’s stock worth $505,259,000 after acquiring an additional 194,735 shares in the last quarter. Uniplan Investment Counsel Inc. raised its stake in EPR Properties by 17.1% during the third quarter. Uniplan Investment Counsel Inc. now owns 1,217,866 shares of the real estate investment trust’s stock worth $84,933,000 after acquiring an additional 177,534 shares in the last quarter. Finally, Two Sigma Advisers LP raised its stake in EPR Properties by 663.9% during the fourth quarter. Two Sigma Advisers LP now owns 172,354 shares of the real estate investment trust’s stock worth $11,282,000 after acquiring an additional 149,791 shares in the last quarter. Hedge funds and other institutional investors own 88.38% of the company’s stock.
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About EPR Properties
EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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