EPR Properties (NYSE:EPR) Price Target Raised to $65.00

EPR Properties (NYSE:EPR) had its price objective raised by JPMorgan Chase & Co. from $62.00 to $65.00 in a report published on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the real estate investment trust’s stock.

EPR has been the subject of a number of other research reports. KeyCorp raised shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 price target for the company in a report on Wednesday, August 19th. UBS Group set a $70.00 target price on EPR Properties in a research report on Thursday, July 2nd. Raymond James Financial restated an “outperform” rating and issued a $65.00 target price on shares of EPR Properties in a research note on Thursday, August 13th. Citigroup reaffirmed a “market outperform” rating on shares of EPR Properties in a research report on Thursday, July 2nd. Finally, Wells Fargo & Company raised their price objective on EPR Properties from $60.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, EPR Properties has a consensus rating of “Moderate Buy” and an average target price of $66.15.

EPR Properties Price Performance

Shares of EPR stock opened at $59.17 on Wednesday. EPR Properties has a fifty-two week low of $48.10 and a fifty-two week high of $64.97. The company has a debt-to-equity ratio of 1.43, a quick ratio of 9.51 and a current ratio of 9.51. The firm has a market capitalization of $4.53 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 2.27 and a beta of 1.01. The stock’s 50-day simple moving average is $60.84 and its 200-day simple moving average is $58.00.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, beating the consensus estimate of $0.74 by $0.05. The firm had revenue of $196.08 million during the quarter, compared to analyst estimates of $158.13 million. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. EPR Properties’s revenue was up 30.4% on a year-over-year basis. During the same period last year, the firm posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, equities analysts forecast that EPR Properties will post 5.37 earnings per share for the current fiscal year.

EPR Properties Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.31 dividend. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. EPR Properties’s dividend payout ratio is 119.61%.

Insider Transactions at EPR Properties

In related news, CAO Tonya L. Mater sold 6,692 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $61.79, for a total value of $413,498.68. Following the completion of the transaction, the chief accounting officer owned 49,167 shares of the company’s stock, valued at approximately $3,038,028.93. This represents a 11.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Johnson sold 1,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $60.00, for a total value of $60,000.00. Following the transaction, the senior vice president owned 13,213 shares in the company, valued at $792,780. This represents a 7.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,892 shares of company stock valued at $844,113 in the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

Institutional Trading of EPR Properties

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Virtus Investment Advisers LLC lifted its position in shares of EPR Properties by 6.2% during the 4th quarter. Virtus Investment Advisers LLC now owns 3,253 shares of the real estate investment trust’s stock valued at $162,000 after buying an additional 191 shares in the last quarter. Arizona State Retirement System raised its position in EPR Properties by 0.9% during the second quarter. Arizona State Retirement System now owns 21,110 shares of the real estate investment trust’s stock worth $1,225,000 after acquiring an additional 196 shares during the period. SJS Investment Consulting Inc. raised its position in EPR Properties by 25.5% during the first quarter. SJS Investment Consulting Inc. now owns 979 shares of the real estate investment trust’s stock worth $49,000 after acquiring an additional 199 shares during the period. Fourth Dimension Wealth LLC lifted its holdings in EPR Properties by 66.7% during the fourth quarter. Fourth Dimension Wealth LLC now owns 500 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Finally, Texas Yale Capital Corp. lifted its holdings in EPR Properties by 1.4% during the fourth quarter. Texas Yale Capital Corp. now owns 14,050 shares of the real estate investment trust’s stock valued at $701,000 after purchasing an additional 200 shares in the last quarter. 74.66% of the stock is currently owned by hedge funds and other institutional investors.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential real estate. The company owns and leases properties designed for entertainment, recreation and leisure activities, including multiplex cinemas, eat-and-play venues, cultural attractions, amusement and water parks, ski resorts, and other destination-based properties.

EPR generally leases its properties to operators under long-term agreements, allowing tenants to manage the underlying businesses while EPR focuses on property ownership, investment and portfolio management.