FY2018 Earnings Forecast for EPR Properties (EPR) Issued By FBR & Co
EPR Properties (NYSE:EPR) – Investment analysts at FBR & Co issued their FY2018 earnings per share estimates for shares of EPR Properties in a research note issued on Tuesday. FBR & Co analyst D. Corak expects that the firm will earn $5.48 per share for the year. FBR & Co currently has a “Marketperform” rating on the stock.
A number of other research analysts also recently weighed in on the stock. Citigroup Inc. upped their price objective on shares of EPR Properties from $68.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, July 7th. RBC Capital Markets reissued an “outperform” rating and set a $88.00 target price (up previously from $70.00) on shares of EPR Properties in a research note on Thursday, August 4th. Janney Montgomery Scott started coverage on shares of EPR Properties in a research note on Thursday, July 21st. They set a “neutral” rating for the company. Zacks Investment Research raised shares of EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 target price for the company in a research note on Monday, August 8th. Finally, KeyCorp raised shares of EPR Properties from a “sector weight” rating to an “overweight” rating in a research note on Thursday, July 14th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $85.83.
Shares of EPR Properties (NYSE:EPR) traded up 1.06% during mid-day trading on Thursday, reaching $75.92. 294,780 shares of the company’s stock traded hands. The company’s 50-day moving average price is $77.57 and its 200-day moving average price is $74.86. EPR Properties has a 12-month low of $53.00 and a 12-month high of $84.67. The stock has a market capitalization of $4.83 billion, a PE ratio of 24.72 and a beta of 0.78.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/13/fy2018-earnings-forecast-for-epr-properties-epr-issued-by-fbr-co.html
EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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%. The firm’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.08 earnings per share.
The firm also recently disclosed a sep 16 dividend, which will be paid on Monday, October 17th. Investors of record on Friday, September 30th will be paid a dividend of $0.32 per share. The ex-dividend date is Wednesday, September 28th. This represents a yield of 5.02%. EPR Properties’s dividend payout ratio is presently 124.68%.
Hedge funds have recently made changes to their positions in the stock. 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 valued at $150,344,000 after buying an additional 740,297 shares in the last quarter. Scout Investments Inc. purchased a new stake in EPR Properties during the second quarter valued at $55,351,000. Goldman Sachs Group Inc. boosted its stake in EPR Properties by 34.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,140,736 shares of the company’s stock valued at $142,616,000 after buying an additional 554,275 shares during the period. Vanguard Group Inc. boosted its stake in EPR Properties by 4.6% in the second quarter. Vanguard Group Inc. now owns 9,894,742 shares of the company’s stock valued at $798,307,000 after buying an additional 433,889 shares during the period. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in 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 period. 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.
Receive News & Ratings for EPR Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPR Properties and related companies with MarketBeat.com's FREE daily email newsletter.