EPR Properties (NYSE:EPR) Given “Sector Perform” Rating at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of EPR Properties (NYSE:EPR) in a research report sent to investors on Friday,Benzinga reports. They currently have a $58.00 price target on the real estate investment trust’s stock.

EPR has been the subject of several other research reports. Wall Street Zen downgraded EPR Properties from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Wells Fargo & Company reduced their price target on shares of EPR Properties from $56.00 to $54.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. JPMorgan Chase & Co. decreased their price target on shares of EPR Properties from $65.00 to $58.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Truist Financial raised their price objective on shares of EPR Properties from $55.00 to $57.00 and gave the company a “hold” rating in a research note on Tuesday, November 18th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of EPR Properties in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $58.36.

EPR Properties Trading Up 0.8%

NYSE:EPR opened at $54.26 on Friday. EPR Properties has a 12 month low of $41.75 and a 12 month high of $61.24. The company has a current ratio of 7.21, a quick ratio of 7.21 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 3.19 and a beta of 0.94. The firm has a fifty day simple moving average of $51.91 and a two-hundred day simple moving average of $53.62.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. The company had revenue of $182.31 million for the quarter, compared to analysts’ expectations of $181.78 million. EPR Properties had a net margin of 28.01% and a return on equity of 8.58%. The business’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.30 EPS. Analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

EPR Properties Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th will be issued a $0.295 dividend. The ex-dividend date is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 6.5%. EPR Properties’s dividend payout ratio is currently 154.59%.

Insider Buying and Selling at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $52.25, for a total transaction of $391,875.00. Following the transaction, the executive vice president directly owned 64,251 shares in the company, valued at approximately $3,357,114.75. The trade was a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.31% of the stock is owned by insiders.

Institutional Investors Weigh In On EPR Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Michigan Retirement System grew its holdings in shares of EPR Properties by 1.1% in the second quarter. State of Michigan Retirement System now owns 18,289 shares of the real estate investment trust’s stock valued at $1,066,000 after acquiring an additional 200 shares in the last quarter. True Wealth Design LLC boosted its position in EPR Properties by 48.2% in the fourth quarter. True Wealth Design LLC now owns 683 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 222 shares during the last quarter. Family Wealth Partners LLC boosted its position in EPR Properties by 2.0% in the fourth quarter. Family Wealth Partners LLC now owns 11,422 shares of the real estate investment trust’s stock worth $570,000 after purchasing an additional 229 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in EPR Properties by 0.3% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 83,395 shares of the real estate investment trust’s stock valued at $4,838,000 after purchasing an additional 241 shares during the period. Finally, Wincap Financial LLC increased its position in shares of EPR Properties by 1.7% during the 4th quarter. Wincap Financial LLC now owns 15,575 shares of the real estate investment trust’s stock valued at $777,000 after purchasing an additional 258 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.