EPR Properties (EPR) Rating Reiterated by FBR & Co
EPR Properties (NYSE:EPR)‘s stock had its “marketperform” rating reaffirmed by investment analysts at FBR & Co in a research note issued to investors on Tuesday.
EPR has been the topic of several other reports. Janney Montgomery Scott reissued a “buy” rating and issued a $88.00 price target on shares of EPR Properties in a research note on Sunday, July 24th. Zacks Investment Research raised shares of EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a research note on Monday, August 8th. Citigroup Inc. lifted their target price on shares of EPR Properties from $68.00 to $78.00 and gave the stock a “neutral” rating in a research note on Thursday, July 7th. KeyCorp raised shares of EPR Properties from a “sector weight” rating to an “overweight” rating in a research note on Thursday, July 14th. Finally, RBC Capital Markets reaffirmed an “outperform” rating and set a $88.00 target price (up from $70.00) on shares of EPR Properties in a research note on Thursday, August 4th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. EPR Properties presently has an average rating of “Buy” and a consensus price target of $85.83.
Shares of EPR Properties (NYSE:EPR) traded up 0.79% during trading on Tuesday, reaching $75.71. 82,692 shares of the company traded hands. The firm has a 50 day moving average of $77.57 and a 200 day moving average of $74.86. The stock has a market capitalization of $4.82 billion, a PE ratio of 24.65 and a beta of 0.78. EPR Properties has a 52 week low of $53.00 and a 52 week high of $84.67.
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EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $1.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.01. The firm had revenue of $118 million for the quarter, compared to the consensus estimate of $112.03 million. EPR Properties had a net margin of 46.43% and a return on equity of 10.05%. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period last year, the firm posted $1.08 earnings per share. On average, equities analysts predict that EPR Properties will post $4.77 EPS for the current year.
The business also recently declared a sep 16 dividend, which will be paid on Monday, October 17th. Shareholders of record on Friday, September 30th will be given a dividend of $0.32 per share. This represents a dividend yield of 5.02%. The ex-dividend date is Wednesday, September 28th. EPR Properties’s dividend payout ratio is presently 124.68%.
Several large investors have recently made changes to their positions in EPR. Vanguard Group Inc. boosted its stake in shares of EPR Properties by 4.6% in the second quarter. Vanguard Group Inc. now owns 9,894,742 shares of the company’s stock worth $798,307,000 after buying an additional 433,889 shares in the last quarter. Shinko Asset Management Co. Ltd. boosted its stake in shares of EPR Properties by 3.8% in the second quarter. Shinko Asset Management Co. Ltd. now owns 2,976,672 shares of the company’s stock worth $240,158,000 after buying an additional 108,805 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of EPR Properties by 5.2% in the second quarter. Principal Financial Group Inc. now owns 2,684,895 shares of the company’s stock worth $216,617,000 after buying an additional 132,514 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of EPR Properties by 2.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 2,482,860 shares of the company’s stock worth $200,317,000 after buying an additional 63,910 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of EPR Properties by 48.8% in the first quarter. State Street Corp now owns 2,256,724 shares of the company’s stock worth $150,344,000 after buying an additional 740,297 shares in the last quarter. Institutional investors and hedge funds own 97.20% of the company’s stock.
EPR Properties Company Profile
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company operates in four segments: Entertainment, Education, Recreation and Other. The Company’s Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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