EPR Properties (NYSE:EPR) Coverage Initiated by Analysts at Huntington

Huntington assumed coverage on shares of EPR Properties (NYSE:EPR) in a report issued on Wednesday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating and a $65.00 target price on the real estate investment trust’s stock.

Several other equities analysts also recently commented on EPR. Morgan Stanley upgraded shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a research note on Friday, June 12th. Citizens Jmp restated a “market outperform” rating and set a $70.00 price target on shares of EPR Properties in a research note on Thursday, July 2nd. Wells Fargo & Company raised their price objective on shares of EPR Properties from $60.00 to $61.00 and gave the company an “equal weight” rating in a research report on Wednesday. Truist Financial decreased their target price on shares of EPR Properties from $62.00 to $61.00 and set a “hold” rating on the stock in a research report on Tuesday, June 9th. Finally, Royal Bank Of Canada upped their price target on EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $63.50.

EPR Properties Stock Performance

NYSE:EPR opened at $60.11 on Wednesday. EPR Properties has a 1-year low of $48.10 and a 1-year high of $62.08. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 2.41 and a beta of 1.02. The company’s 50-day moving average is $58.44 and its two-hundred day moving average is $56.02. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85.

EPR Properties (NYSE:EPR) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.02). The business had revenue of $181.25 million during the quarter, compared to analysts’ expectations of $150.01 million. EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The company’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 earnings per share. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Analysts forecast that EPR Properties will post 5.31 EPS for the current year.

EPR Properties Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 6.2%. EPR Properties’s dividend payout ratio (DPR) is presently 115.17%.

Insider Activity at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 2,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total value of $116,220.00. Following the sale, the senior vice president directly owned 14,213 shares in the company, valued at approximately $825,917.43. This trade represents a 12.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in EPR Properties by 27.7% during the third quarter. JPMorgan Chase & Co. now owns 901,813 shares of the real estate investment trust’s stock worth $52,314,000 after buying an additional 195,850 shares in the last quarter. Pensionfund PDN bought a new stake in EPR Properties in the fourth quarter valued at $1,545,000. MQS Management LLC bought a new stake in EPR Properties in the first quarter valued at $518,000. Vestcor Inc raised its stake in EPR Properties by 1,061.1% during the fourth quarter. Vestcor Inc now owns 67,171 shares of the real estate investment trust’s stock worth $3,352,000 after acquiring an additional 61,386 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its stake in EPR Properties by 18.8% during the fourth quarter. State of Alaska Department of Revenue now owns 57,785 shares of the real estate investment trust’s stock worth $2,881,000 after acquiring an additional 9,145 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.