EPR Properties (EPR) Stock Rating Reaffirmed by KeyCorp
EPR Properties (NYSE:EPR)‘s stock had its “buy” rating reissued by stock analysts at KeyCorp in a research report issued to clients and investors on Friday. They currently have a $80.00 price target on the real estate investment trust’s stock. KeyCorp’s target price suggests a potential upside of 15.69% from the company’s current price.
Other analysts have also issued reports about the company. Zacks Investment Research raised EPR Properties from a “hold” rating to a “buy” rating and set a $81.00 price target on the stock in a research note on Wednesday, August 2nd. ValuEngine lowered EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of EPR Properties in a research note on Thursday, May 18th. Finally, BidaskClub raised EPR Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $79.80.
Shares of EPR Properties (NYSE EPR) traded up 1.47% during midday trading on Friday, reaching $69.15. 669,356 shares of the company were exchanged. The company has a 50 day moving average price of $70.23 and a 200-day moving average price of $72.49. EPR Properties has a 12-month low of $65.50 and a 12-month high of $81.00. The stock has a market capitalization of $5.09 billion, a P/E ratio of 20.25 and a beta of 0.57.
EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.05. The firm had revenue of $147.80 million for the quarter, compared to analyst estimates of $138.07 million. EPR Properties had a return on equity of 10.51% and a net margin of 46.90%. The business’s revenue was up 25.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.17 earnings per share. On average, analysts forecast that EPR Properties will post $3.38 earnings per share for the current fiscal year.
In related news, Director Peter C. Brown sold 7,907 shares of EPR Properties stock in a transaction that occurred 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 transaction, the director now owns 4,578 shares in the company, valued at $327,281.22. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.50% of the company’s stock.
Institutional investors have recently made changes to their positions in the company. Alpha Windward LLC increased its position in shares of EPR Properties by 6.3% in the second quarter. Alpha Windward LLC now owns 6,763 shares of the real estate investment trust’s stock worth $486,000 after buying an additional 403 shares during the last quarter. Credit Suisse AG increased its position in shares of EPR Properties by 7.1% in the first quarter. Credit Suisse AG now owns 178,626 shares of the real estate investment trust’s stock worth $13,153,000 after buying an additional 11,833 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp increased its position in shares of EPR Properties by 14.1% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 36,978 shares of the real estate investment trust’s stock worth $2,723,000 after buying an additional 4,559 shares during the last quarter. BlackRock Inc. increased its position in shares of EPR Properties by 3,652.5% in the first quarter. BlackRock Inc. now owns 7,220,261 shares of the real estate investment trust’s stock worth $531,629,000 after buying an additional 7,027,848 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of EPR Properties by 2.1% in the first quarter. US Bancorp DE now owns 37,656 shares of the real estate investment trust’s stock worth $2,772,000 after buying an additional 757 shares during the last quarter. Hedge funds and other institutional investors own 81.23% of the company’s stock.
About EPR Properties
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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