EPR Properties (EPR) Forecasted to Earn Q3 2017 Earnings of $1.30 Per Share
EPR Properties (NYSE:EPR) – FBR & Co issued their Q3 2017 earnings estimates for shares of EPR Properties in a report released on Monday. FBR & Co analyst D. Corak anticipates that the real estate investment trust will post earnings of $1.30 per share for the quarter. FBR & Co also issued estimates for EPR Properties’ Q4 2017 earnings at $1.34 EPS, FY2017 earnings at $5.14 EPS, Q1 2018 earnings at $1.31 EPS, Q2 2018 earnings at $1.39 EPS, Q3 2018 earnings at $1.40 EPS, Q4 2018 earnings at $1.40 EPS and FY2018 earnings at $5.50 EPS.
Several other equities research analysts have also weighed in on EPR. Zacks Investment Research raised EPR Properties from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. BidaskClub lowered EPR Properties from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. KeyCorp reissued a “buy” rating and issued a $80.00 price objective 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 price objective 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. The company has a consensus rating of “Hold” and a consensus target price of $78.67.
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Shares of EPR Properties (NYSE EPR) opened at 69.82 on Wednesday. EPR Properties has a 12 month low of $65.50 and a 12 month high of $77.70. The stock has a 50 day moving average of $70.67 and a 200-day moving average of $71.42. The company has a market cap of $5.14 billion, a PE ratio of 20.45 and a beta of 0.59.
EPR Properties (NYSE:EPR) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.24 by $0.05. The company had revenue of $147.80 million during 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 10.51%. EPR Properties’s quarterly revenue was up 25.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.17 earnings per share.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Teacher Retirement System of Texas boosted its stake in EPR Properties by 1.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 5,083 shares of the real estate investment trust’s stock worth $365,000 after purchasing an additional 58 shares during the period. GAM Holding AG boosted its stake in EPR Properties by 1.3% in the 2nd quarter. GAM Holding AG now owns 5,290 shares of the real estate investment trust’s stock worth $380,000 after purchasing an additional 70 shares during the period. World Asset Management Inc boosted its stake in EPR Properties by 1.8% in the 2nd quarter. World Asset Management Inc now owns 4,036 shares of the real estate investment trust’s stock worth $290,000 after purchasing an additional 72 shares during the period. Janney Montgomery Scott LLC boosted its stake in EPR Properties by 0.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 9,416 shares of the real estate investment trust’s stock worth $677,000 after purchasing an additional 82 shares during the period. Finally, People s United Financial Inc. boosted its stake in EPR Properties by 0.7% in the 2nd quarter. People s United Financial Inc. now owns 17,928 shares of the real estate investment trust’s stock worth $1,289,000 after purchasing an additional 120 shares during the period. Institutional investors and hedge funds own 84.94% of the company’s stock.
The business also recently announced a oct 17 dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st will be paid a $0.34 dividend. The ex-dividend date of this dividend is Monday, October 30th. This represents a yield of 5.72%. EPR Properties’s dividend payout ratio is currently 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.
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