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

EPR Properties (NYSE:EPR - Get Free Report) had its price target boosted by investment analysts at Truist Financial from $51.00 to $53.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a "hold" rating on the real estate investment trust's stock. Truist Financial's price target would suggest a potential upside of 2.59% from the stock's current price.

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

EPR Properties Price Performance

EPR traded up $0.37 on Monday, reaching $51.66. The stock had a trading volume of 492,178 shares, compared to its average volume of 591,763. 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 market capitalization of $3.93 billion, a price-to-earnings ratio of 22.37 and a beta of 1.72. EPR Properties has a fifty-two week low of $39.66 and a fifty-two week high of $54.25. The firm has a 50-day moving average of $49.77 and a 200-day moving average of $47.40.

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EPR Properties (NYSE:EPR - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The company had revenue of $149.12 million during the quarter, compared to the consensus estimate of $161.25 million. As a group, sell-side analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

Insider Transactions at EPR Properties

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the transaction, the senior vice president now directly owns 15,299 shares of the company's stock, valued at $795,395.01. This represents a 14.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 3,900 shares of EPR Properties stock in a transaction on Monday, March 3rd. The shares were 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 approximately $443,828.32. This trade represents a 32.19 % 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 in the last quarter. 2.13% of the stock is currently owned by company insiders.

Institutional Trading of EPR Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in EPR Properties in the third quarter valued at approximately $27,000. Synergy Investment Management LLC bought a new position in shares of EPR Properties in the 4th quarter worth $27,000. GAMMA Investing LLC grew its position in EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust's stock valued at $50,000 after purchasing an additional 302 shares during the period. Principal Securities Inc. increased its stake in EPR Properties by 54.5% during the 4th quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust's stock valued at $57,000 after purchasing an additional 457 shares in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new position in EPR Properties during the fourth quarter worth $60,000. 74.66% of the stock is owned by institutional investors.

EPR Properties Company Profile

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.