EPR Properties (NYSE:EPR) Expected to Post Quarterly Sales of $117.67 Million
Wall Street analysts predict that EPR Properties (NYSE:EPR) will post $117.67 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for EPR Properties’ earnings. The highest sales estimate is $128.23 million and the lowest is $109.60 million. EPR Properties reported sales of $102.28 million in the same quarter last year, which would indicate a positive year over year growth rate of 15%. The company is scheduled to report its next quarterly earnings results on Wednesday, November 1st.
On average, analysts expect that EPR Properties will report full year sales of $117.67 million for the current financial year, with estimates ranging from $433.73 million to $493.11 million. For the next fiscal year, analysts anticipate that the firm will report sales of $480.98 million per share, with estimates ranging from $443.96 million to $537.89 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow EPR Properties.
EPR Properties (NYSE:EPR) last announced its quarterly earnings data 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. EPR Properties had a return on equity of 10.51% and a net margin of 46.90%. The company had revenue of $147.80 million during the quarter, compared to analyst estimates of $138.07 million. During the same quarter last year, the firm posted $1.17 EPS. The firm’s revenue for the quarter was up 25.3% on a year-over-year basis.
A number of research analysts have recently issued reports on the company. Zacks Investment Research downgraded EPR Properties from a “buy” rating to a “hold” rating in a report on Monday. BidaskClub cut EPR Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. ValuEngine cut EPR Properties from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Ladenburg Thalmann Financial Services reiterated a “hold” rating on shares of EPR Properties in a research report on Thursday, May 18th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. EPR Properties has an average rating of “Hold” and a consensus price target of $79.80.
In related news, Director Peter C. Brown sold 7,907 shares of the company’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 $327,281.22. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Druten sold 9,000 shares of the company’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $70.30, for a total value of $632,700.00. Following the sale, the director now owns 22,304 shares of the company’s stock, valued at approximately $1,567,971.20. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently bought and sold shares of EPR. Nationwide Fund Advisors boosted its stake in EPR Properties by 0.6% in the first quarter. Nationwide Fund Advisors now owns 229,674 shares of the real estate investment trust’s stock worth $16,911,000 after buying an additional 1,418 shares during the period. Retirement Systems of Alabama boosted its stake in EPR Properties by 85.1% in the first quarter. Retirement Systems of Alabama now owns 152,062 shares of the real estate investment trust’s stock worth $11,196,000 after buying an additional 69,894 shares during the period. State of Alaska Department of Revenue boosted its stake in EPR Properties by 29.4% in the first quarter. State of Alaska Department of Revenue now owns 31,270 shares of the real estate investment trust’s stock worth $2,301,000 after buying an additional 7,110 shares during the period. Huntington National Bank boosted its stake in EPR Properties by 39.3% in the first quarter. Huntington National Bank now owns 3,849 shares of the real estate investment trust’s stock worth $283,000 after buying an additional 1,086 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in EPR Properties by 3.4% in the first quarter. Nisa Investment Advisors LLC now owns 39,170 shares of the real estate investment trust’s stock worth $2,884,000 after buying an additional 1,270 shares during the period. Institutional investors own 80.66% of the company’s stock.
Shares of EPR Properties (NYSE EPR) opened at 69.50 on Tuesday. The company has a 50-day moving average price of $72.88 and a 200 day moving average price of $73.19. The stock has a market cap of $5.12 billion, a price-to-earnings ratio of 22.07 and a beta of 0.57. EPR Properties has a one year low of $65.50 and a one year high of $82.78.
The company also recently disclosed a aug 17 dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be given a dividend of $0.34 per share. This represents a yield of 5.56%. The ex-dividend date of this dividend is Thursday, July 27th. EPR Properties’s dividend payout ratio (DPR) is presently 120.00%.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.