Truist Financial Forecasts Strong Price Appreciation for EPR Properties (NYSE:EPR) Stock

EPR Properties (NYSE:EPR - Get Free Report) had its target price hoisted by equities research analysts at Truist Financial from $46.00 to $51.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a "hold" rating on the real estate investment trust's stock. Truist Financial's price objective would suggest a potential downside of 0.67% from the stock's previous close.

A number of other research analysts also recently commented on EPR. Stifel Nicolaus upped their price objective on EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Thursday, February 27th. Royal Bank of Canada boosted their price target on EPR Properties from $50.00 to $58.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. Finally, Wells Fargo & Company upped their price objective on EPR Properties from $45.00 to $52.00 and gave the company an "underweight" rating in a report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $50.75.

EPR Properties Stock Down 0.5 %

Shares of EPR traded down $0.26 during trading on Tuesday, reaching $51.35. The company's stock had a trading volume of 1,119,108 shares, compared to its average volume of 559,962. EPR Properties has a twelve month low of $39.66 and a twelve month high of $54.25. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 22.23 and a beta of 1.72. The company has a fifty day moving average of $49.21 and a two-hundred day moving average of $47.27.

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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 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The business had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. On average, sell-side analysts predict that EPR Properties will post 4.65 EPS for the current fiscal year.

Insider Activity

In other news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $54.02, for a total transaction of $210,678.00. Following the completion of the sale, the senior vice president now directly owns 8,216 shares of the company's stock, valued at $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the company's stock in a transaction on Monday, March 17th. The shares were 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 approximately $795,395.01. This represents a 14.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,520 shares of company stock valued at $502,581 over the last three months. Insiders own 2.13% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EPR. Wealthfront Advisers LLC acquired a new position in EPR Properties during the fourth quarter valued at $302,313,000. Norges Bank acquired a new position in EPR Properties during the fourth quarter valued at $41,148,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in EPR Properties by 304.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 457,621 shares of the real estate investment trust's stock valued at $22,442,000 after buying an additional 344,544 shares during the period. American Century Companies Inc. raised its position in EPR Properties by 44.6% during the fourth quarter. American Century Companies Inc. now owns 1,085,947 shares of the real estate investment trust's stock valued at $48,086,000 after buying an additional 334,943 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in EPR Properties during the fourth quarter valued at $13,145,000. 74.66% of the stock is 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.