Analysts Set EPR Properties (NYSE:EPR) Price Target at $50.13

Shares of EPR Properties (NYSE:EPR - Get Free Report) have received a consensus rating of "Hold" from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $50.75.

A number of equities research analysts have issued reports on the company. Royal Bank of Canada boosted their price target on EPR Properties from $50.00 to $58.00 and gave the company an "outperform" rating in a research report on Thursday, March 6th. Wells Fargo & Company boosted their target price on EPR Properties from $45.00 to $52.00 and gave the stock an "underweight" rating in a report on Monday, March 10th. Stifel Nicolaus raised their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a "hold" rating in a report on Thursday, February 27th. Finally, Truist Financial boosted their price objective on shares of EPR Properties from $46.00 to $51.00 and gave the stock a "hold" rating in a research note on Tuesday.

EPR Properties Trading Down 1.0 %

Shares of NYSE EPR traded down $0.52 on Friday, reaching $51.33. 472,082 shares of the company traded hands, compared to its average volume of 704,062. The stock has a market capitalization of $3.90 billion, a PE ratio of 22.22 and a beta of 1.72. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $54.25. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The company has a 50 day moving average of $48.81 and a 200 day moving average of $47.18.

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EPR Properties (NYSE:EPR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping the consensus estimate of $0.66 by $0.56. The firm had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. On average, equities research analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.295 per share. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.90%. This is a boost from EPR Properties's previous monthly dividend of $0.29. The ex-dividend date is Monday, March 31st. EPR Properties's dividend payout ratio is 221.25%.

Insider Activity

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $51.99, for a total value of $129,975.00. Following the sale, the senior vice president now directly owns 15,299 shares of the company's stock, valued at $795,395.01. This trade represents a 14.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the completion of the sale, the senior vice president now owns 8,216 shares in the company, valued at $443,828.32. The trade was a 32.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,520 shares of company stock valued at $502,581. Company insiders own 2.13% of the company's stock.

Hedge Funds Weigh In On EPR Properties

Hedge funds have recently modified their holdings of the company. State of New Jersey Common Pension Fund D boosted its holdings in shares of EPR Properties by 31.6% in the third quarter. State of New Jersey Common Pension Fund D now owns 41,674 shares of the real estate investment trust's stock worth $2,044,000 after buying an additional 10,000 shares during the period. Metis Global Partners LLC raised its position in EPR Properties by 31.8% during the third quarter. Metis Global Partners LLC now owns 7,797 shares of the real estate investment trust's stock valued at $382,000 after acquiring an additional 1,881 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new stake in EPR Properties in the 3rd quarter worth approximately $313,000. Charles Schwab Investment Management Inc. lifted its position in EPR Properties by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust's stock worth $66,199,000 after acquiring an additional 54,567 shares during the last quarter. Finally, Eagle Asset Management Inc. bought a new position in EPR Properties during the third quarter worth $5,224,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.