EPR Properties (EPR) Stock Rating Reaffirmed by FBR & Co
EPR Properties (NYSE:EPR)‘s stock had its “marketperform” rating reissued by investment analysts at FBR & Co in a report issued on Tuesday.
A number of other research firms also recently weighed in on EPR. Citigroup Inc. boosted their price target on shares of EPR Properties from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Friday, August 12th. Royal Bank Of Canada upped their target price on shares of EPR Properties from $70.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, August 4th. RBC Capital Markets reaffirmed an “outperform” rating and issued a $88.00 target price (up previously from $70.00) on shares of EPR Properties in a research note on Thursday, August 4th. KeyCorp raised shares of EPR Properties from a “sector weight” rating to an “overweight” rating in a research note on Thursday, July 14th. Finally, Janney Montgomery Scott began coverage on shares of EPR Properties in a research note on Thursday, July 21st. They issued a “neutral” rating for the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. EPR Properties presently has a consensus rating of “Buy” and an average price target of $85.83.
EPR Properties (NYSE:EPR) traded up 0.3299% during midday trading on Tuesday, hitting $75.3678. 68,688 shares of the company traded hands. The firm has a market capitalization of $4.80 billion, a PE ratio of 24.5418 and a beta of 0.78. EPR Properties has a 12-month low of $53.00 and a 12-month high of $84.67. The stock’s 50-day moving average is $77.57 and its 200-day moving average is $74.86.
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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 Zacks’ consensus estimate of $1.16 by $0.01. The business earned $118 million during 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%. EPR Properties’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.08 earnings per share. Analysts anticipate that EPR Properties will post $4.77 EPS for the current fiscal year.
The business also recently disclosed a sep 16 dividend, which will be paid on Monday, October 17th. Stockholders 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 124.68%.
Large investors have recently modified their holdings of the company. State Street Corp increased 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 valued at $150,344,000 after buying an additional 740,297 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of EPR Properties by 17.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 2,418,950 shares of the company’s stock valued at $161,150,000 after buying an additional 352,750 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new position in shares of EPR Properties during the first quarter valued at approximately $825,000. Westpac Banking Corp boosted its position in shares of EPR Properties by 7.0% in the second quarter. Westpac Banking Corp now owns 101,319 shares of the company’s stock valued at $8,174,000 after buying an additional 6,597 shares during the last quarter. Finally, Barclays PLC boosted its position in shares of EPR Properties by 1.0% in the first quarter. Barclays PLC now owns 23,613 shares of the company’s stock valued at $1,558,000 after buying an additional 238 shares during the last quarter. 97.20% of the stock is owned by institutional investors.
About EPR Properties
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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