EPR Properties (EPR) Stock Rating Upgraded by Zacks Investment Research
EPR Properties (NYSE:EPR) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The firm currently has a $78.00 target price on the real estate investment trust’s stock. Zacks Investment Research‘s target price would suggest a potential upside of 11.19% from the company’s previous close.
According to Zacks, “EPR Properties is specialty real estate investment trust that invests in three primary segments: Entertainment, Recreation and Education. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. EPR Properties is based in Kansas City, Missouri. “
Other equities analysts have also recently issued reports about the company. BidaskClub upgraded EPR Properties from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. KeyCorp reaffirmed a “buy” rating and set a $80.00 target price on shares of EPR Properties in a report on Friday, August 25th. Finally, Ladenburg Thalmann Financial Services raised EPR Properties from a “neutral” rating to a “buy” rating and set a $76.00 target price for the company in a report on Monday, September 11th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $78.67.
Shares of EPR Properties (EPR) traded up 0.57% on Tuesday, hitting $70.15. 308,135 shares of the stock were exchanged. EPR Properties has a one year low of $65.50 and a one year high of $77.92. The company has a market cap of $5.17 billion, a P/E ratio of 20.54 and a beta of 0.59. The firm’s 50-day moving average is $69.79 and its 200-day moving average is $71.74.
EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $1.29 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $138.07 million. During the same quarter in the prior year, the firm earned $1.17 EPS. The company’s quarterly revenue was up 25.3% compared to the same quarter last year. On average, equities analysts forecast that EPR Properties will post $3.44 EPS for the current fiscal year.
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A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Penserra Capital Management LLC raised its stake in EPR Properties by 8.8% during the 2nd quarter. Penserra Capital Management LLC now owns 1,601 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 129 shares during the period. Ffcm LLC grew its holdings in shares of EPR Properties by 119.2% during the second quarter. Ffcm LLC now owns 2,177 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 1,184 shares in the last quarter. Verition Fund Management LLC purchased a new position in shares of EPR Properties during the second quarter valued at $208,000. Wedbush Securities Inc. purchased a new position in shares of EPR Properties during the second quarter valued at $208,000. Finally, Private Advisor Group LLC grew its holdings in shares of EPR Properties by 8.0% during the second quarter. Private Advisor Group LLC now owns 2,943 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 218 shares in the last quarter. Hedge funds and other institutional investors own 85.09% 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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