JPMorgan Chase & Co. Lowers EPR Properties (NYSE:EPR) Price Target to $58.00

EPR Properties (NYSE:EPR) had its price target reduced by equities research analysts at JPMorgan Chase & Co. from $65.00 to $58.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 10.56% from the stock’s current price.

A number of other research firms have also commented on EPR. Royal Bank Of Canada lowered EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price target on the stock. in a research report on Monday, August 4th. Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a research note on Wednesday, November 26th. KeyCorp lowered shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. UBS Group reduced their price target on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating for the company in a report on Friday, August 15th. Finally, Raymond James Financial increased their price objective on shares of EPR Properties from $57.00 to $62.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $58.36.

EPR Properties Trading Up 0.2%

Shares of NYSE EPR opened at $52.46 on Tuesday. EPR Properties has a twelve month low of $41.75 and a twelve month high of $61.24. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 22.91, a P/E/G ratio of 3.40 and a beta of 0.90. The company has a quick ratio of 7.21, a current ratio of 7.21 and a debt-to-equity ratio of 1.19. The company’s fifty day moving average is $53.17 and its 200-day moving average is $55.08.

EPR Properties (NYSE:EPR) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.07. The business had revenue of $182.31 million during the quarter, compared to analysts’ expectations of $181.78 million. EPR Properties had a net margin of 28.01% and a return on equity of 8.58%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.30 EPS. EPR Properties has set its FY 2025 guidance at 5.050-5.130 EPS. Equities research analysts predict that EPR Properties will post 4.65 EPS for the current year.

Insider Activity at EPR Properties

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $52.25, for a total transaction of $391,875.00. Following the completion of the transaction, the executive vice president owned 64,251 shares in the company, valued at approximately $3,357,114.75. This represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 22,500 shares of company stock valued at $1,196,850 over the last 90 days. Insiders own 2.31% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new position in shares of EPR Properties in the 3rd quarter valued at about $26,000. Strategic Advocates LLC acquired a new position in EPR Properties during the third quarter valued at approximately $27,000. True Wealth Design LLC boosted its position in EPR Properties by 99.6% during the third quarter. True Wealth Design LLC now owns 461 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 230 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in EPR Properties in the third quarter valued at approximately $27,000. Finally, Loomis Sayles & Co. L P acquired a new position in shares of EPR Properties during the 2nd quarter worth approximately $32,000. 74.66% of the stock is owned by institutional investors.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.