EPR Properties (NYSE:EPR) – Investment analysts at SunTrust Banks reduced their Q2 2019 earnings per share (EPS) estimates for EPR Properties in a note issued to investors on Monday, May 13th. SunTrust Banks analyst K. Kim now forecasts that the real estate investment trust will earn $1.30 per share for the quarter, down from their previous forecast of $1.31. SunTrust Banks also issued estimates for EPR Properties’ Q3 2019 earnings at $1.34 EPS, FY2022 earnings at $5.81 EPS and FY2023 earnings at $5.91 EPS.
A number of other equities analysts also recently commented on EPR. ValuEngine raised shares of EPR Properties from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. Raymond James set a $84.00 price objective on shares of EPR Properties and gave the stock a “buy” rating in a report on Thursday, May 2nd. Finally, Stifel Nicolaus lifted their price objective on shares of EPR Properties from $76.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $75.08.
Shares of NYSE:EPR opened at $78.68 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 5.61 and a quick ratio of 5.61. The firm has a market capitalization of $5.94 billion, a P/E ratio of 12.90, a P/E/G ratio of 4.52 and a beta of 0.69. EPR Properties has a 12-month low of $57.85 and a 12-month high of $80.20.
EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Monday, April 29th. The real estate investment trust reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.01. The business had revenue of $164.50 million during the quarter, compared to analyst estimates of $162.03 million. EPR Properties had a net margin of 42.63% and a return on equity of 10.81%. The business’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.26 earnings per share.
The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were issued a $0.375 dividend. This represents a $4.50 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date was Monday, April 29th. EPR Properties’s dividend payout ratio is presently 73.77%.
In other EPR Properties news, Director Jack A. Newman, Jr. sold 506 shares of EPR Properties stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $79.48, for a total value of $40,216.88. Following the completion of the transaction, the director now owns 2,273 shares of the company’s stock, valued at $180,658.04. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Robin Peppe Sterneck sold 860 shares of EPR Properties stock in a transaction on Friday, March 1st. The stock was sold at an average price of $72.60, for a total transaction of $62,436.00. Following the completion of the transaction, the director now directly owns 1,882 shares of the company’s stock, valued at approximately $136,633.20. The disclosure for this sale can be found here. Insiders own 1.34% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in EPR. Lindbrook Capital LLC acquired a new position in EPR Properties in the fourth quarter worth $25,000. Oregon Public Employees Retirement Fund boosted its holdings in shares of 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 valued at $29,000 after acquiring an additional 1,844,258 shares during the period. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of EPR Properties by 195.6% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 467 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 309 shares during the period. Pearl River Capital LLC acquired a new position in shares of EPR Properties during the fourth quarter valued at $32,000. Finally, Capital Investment Advisory Services LLC acquired a new position in shares of EPR Properties during the fourth quarter valued at $33,000. 83.83% of the stock is owned by hedge funds and other institutional investors.
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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