$1.35 Earnings Per Share Expected for EPR Properties (NYSE:EPR) This Quarter
Brokerages expect EPR Properties (NYSE:EPR) to post earnings of $1.35 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for EPR Properties’ earnings. The lowest EPS estimate is $1.31 and the highest is $1.41. EPR Properties posted earnings per share of $1.23 during the same quarter last year, which would suggest a positive year over year growth rate of 9.8%. The business is scheduled to announce its next earnings report on Wednesday, November 1st.
According to Zacks, analysts expect that EPR Properties will report full year earnings of $5.14 per share for the current fiscal year, with EPS estimates ranging from $5.08 to $5.18. For the next fiscal year, analysts expect that the company will report earnings of $5.50 per share, with EPS estimates ranging from $5.45 to $5.53. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover EPR Properties.
EPR Properties (NYSE:EPR) last released its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.05. The firm had revenue of $147.80 million for the quarter, compared to analysts’ expectations of $138.07 million. EPR Properties had a net margin of 46.90% and a return on equity of 11.34%. The business’s quarterly revenue was up 25.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 earnings per share.
A number of research analysts recently weighed in on the stock. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of EPR Properties in a research note on Thursday, May 18th. BidaskClub upgraded shares of EPR Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Zacks Investment Research upgraded shares of EPR Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, ValuEngine cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. EPR Properties has an average rating of “Hold” and a consensus price target of $79.80.
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EPR Properties (NYSE:EPR) traded up 0.59% on Friday, hitting $69.72. 890,425 shares of the stock traded hands. EPR Properties has a 52-week low of $65.50 and a 52-week high of $82.78. The stock has a market cap of $5.13 billion, a price-to-earnings ratio of 22.14 and a beta of 0.57. The company’s 50 day moving average price is $72.88 and its 200-day moving average price is $73.19.
The company also recently announced a aug 17 dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be paid a dividend of $0.34 per share. This represents a dividend yield of 5.56%. The ex-dividend date of this dividend is Thursday, July 27th. EPR Properties’s dividend payout ratio (DPR) is 120.00%.
In related news, Director Robert J. Druten sold 9,000 shares of EPR Properties stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $70.30, for a total transaction of $632,700.00. Following the transaction, the director now owns 22,304 shares in the company, valued at approximately $1,567,971.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Peter C. Brown sold 7,907 shares of the business’s stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $71.49, for a total transaction of $565,271.43. Following the completion of the sale, the director now owns 4,578 shares in the company, valued at approximately $327,281.22. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.
Hedge funds have recently made changes to their positions in the company. Profund Advisors LLC boosted its stake in shares of EPR Properties by 0.3% in the first quarter. Profund Advisors LLC now owns 11,686 shares of the real estate investment trust’s stock valued at $860,000 after buying an additional 33 shares during the last quarter. Capital One National Association boosted its stake in shares of EPR Properties by 1.0% in the first quarter. Capital One National Association now owns 5,649 shares of the real estate investment trust’s stock valued at $416,000 after buying an additional 57 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of EPR Properties by 1.2% in the second quarter. Teacher Retirement System of Texas now owns 5,083 shares of the real estate investment trust’s stock valued at $365,000 after buying an additional 58 shares during the last quarter. World Asset Management Inc boosted its stake in shares of EPR Properties by 1.8% in the second quarter. World Asset Management Inc now owns 4,036 shares of the real estate investment trust’s stock valued at $290,000 after buying an additional 72 shares during the last quarter. Finally, Wade G W & Inc. boosted its stake in shares of EPR Properties by 1.1% in the first quarter. Wade G W & Inc. now owns 6,640 shares of the real estate investment trust’s stock valued at $489,000 after buying an additional 75 shares during the last quarter. Institutional investors and hedge funds own 77.25% of the company’s stock.
EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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