EPR Properties Sees Unusually High Options Volume (EPR)

EPR Properties (NYSE:EPR) was the target of unusually large options trading activity on Thursday. Investors acquired 711 call options on the stock. This represents an increase of 977% compared to the typical daily volume of 66 call options.

NYSE EPR opened at $66.14 on Friday. EPR Properties has a one year low of $51.87 and a one year high of $71.43. The company has a debt-to-equity ratio of 1.03, a quick ratio of 6.16 and a current ratio of 6.16. The company has a market capitalization of $5.09 billion, a P/E ratio of 13.18, a price-to-earnings-growth ratio of 4.66 and a beta of 0.51.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Monday, July 30th. The real estate investment trust reported $1.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.86 by ($0.71). EPR Properties had a net margin of 38.00% and a return on equity of 8.63%. The business had revenue of $202.90 million during the quarter, compared to analysts’ expectations of $198.17 million. During the same quarter in the previous year, the business posted $1.29 EPS. The company’s quarterly revenue was up 37.3% on a year-over-year basis. Equities research analysts predict that EPR Properties will post 6.04 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Investors of record on Friday, September 28th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Thursday, September 27th. This represents a $1.44 annualized dividend and a yield of 2.18%. EPR Properties’s payout ratio is 86.06%.

EPR has been the topic of several recent analyst reports. Stifel Nicolaus increased their price objective on shares of EPR Properties from $68.00 to $70.00 and gave the stock a “hold” rating in a report on Tuesday, September 18th. Royal Bank of Canada reiterated a “buy” rating and set a $71.00 price objective on shares of EPR Properties in a report on Wednesday, August 15th. Zacks Investment Research upgraded shares of EPR Properties from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a report on Monday, August 6th. Raymond James initiated coverage on shares of EPR Properties in a report on Friday, July 20th. They set a “market perform” rating on the stock. Finally, Bank of America increased their price objective on shares of EPR Properties from $65.50 to $67.50 and gave the stock a “neutral” rating in a report on Monday, September 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $70.94.

In other news, SVP Michael L. Hirons sold 7,000 shares of the stock in a transaction dated Friday, August 17th. The shares were sold at an average price of $69.97, for a total transaction of $489,790.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.36% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. McKinley Carter Wealth Services Inc. purchased a new position in EPR Properties in the first quarter valued at approximately $120,000. Qube Research & Technologies Ltd purchased a new position in EPR Properties in the second quarter valued at approximately $143,000. Sun Life Financial INC acquired a new stake in EPR Properties in the second quarter valued at approximately $204,000. World Asset Management Inc acquired a new stake in EPR Properties in the second quarter valued at approximately $215,000. Finally, TLP Group LLC acquired a new stake in EPR Properties in the first quarter valued at approximately $226,000. Hedge funds and other institutional investors own 89.63% 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.

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