Analysts Set EPR Properties (NYSE:EPR) Target Price at $51.00

Shares of EPR Properties (NYSE:EPR) have earned a consensus rating of “Hold” from the nine analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $51.00.

EPR has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Royal Bank of Canada raised their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Stifel Nicolaus lifted their target price on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research note on Thursday, February 27th. Finally, Truist Financial increased their price target on shares of EPR Properties from $51.00 to $53.00 and gave the stock a “hold” rating in a research report on Monday, March 24th.

Insider Transactions at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares of the company’s stock, valued at $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $51.99, for a total value of $129,975.00. Following the transaction, the senior vice president now owns 15,299 shares in the company, valued at approximately $795,395.01. This trade represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock worth $502,581 in the last 90 days. 2.13% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in shares of EPR Properties by 9.8% during the third quarter. Captrust Financial Advisors now owns 5,379 shares of the real estate investment trust’s stock worth $264,000 after buying an additional 480 shares during the last quarter. Stifel Financial Corp increased its position in EPR Properties by 56.5% during the third quarter. Stifel Financial Corp now owns 24,714 shares of the real estate investment trust’s stock worth $1,212,000 after acquiring an additional 8,922 shares during the period. XTX Topco Ltd raised its stake in EPR Properties by 157.8% during the 3rd quarter. XTX Topco Ltd now owns 13,238 shares of the real estate investment trust’s stock valued at $649,000 after purchasing an additional 8,103 shares during the last quarter. Barclays PLC boosted its holdings in EPR Properties by 14.6% in the 3rd quarter. Barclays PLC now owns 40,647 shares of the real estate investment trust’s stock valued at $1,993,000 after purchasing an additional 5,184 shares during the period. Finally, M&T Bank Corp grew its position in EPR Properties by 11.1% in the 3rd quarter. M&T Bank Corp now owns 12,146 shares of the real estate investment trust’s stock worth $596,000 after purchasing an additional 1,218 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Price Performance

NYSE EPR opened at $47.18 on Thursday. EPR Properties has a 1 year low of $39.66 and a 1 year high of $54.25. The stock’s 50-day moving average price is $49.96 and its two-hundred day moving average price is $47.33. The company has a market cap of $3.59 billion, a PE ratio of 20.42 and a beta of 1.30. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. On average, analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.295 dividend. This represents a $3.54 annualized dividend and a yield of 7.50%. This is an increase from EPR Properties’s previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. EPR Properties’s payout ratio is currently 221.25%.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.