Brokerages forecast that EPR Properties (NYSE:EPR – Get Rating) will post $1.12 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for EPR Properties’ earnings, with estimates ranging from $1.10 to $1.13. EPR Properties reported earnings of $0.71 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 57.7%. The business is scheduled to issue its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that EPR Properties will report full year earnings of $4.51 per share for the current financial year, with EPS estimates ranging from $4.42 to $4.58. For the next year, analysts expect that the company will report earnings of $4.76 per share, with EPS estimates ranging from $4.54 to $4.91. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that follow EPR Properties.
EPR Properties (NYSE:EPR – Get Rating) last announced its earnings results on Wednesday, May 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.03 by ($0.55). The firm had revenue of $157.47 million during the quarter, compared to analysts’ expectations of $145.54 million. EPR Properties had a net margin of 18.55% and a return on equity of 3.74%. The business’s revenue for the quarter was up 40.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.52 EPS.
Shares of EPR Properties stock opened at $53.20 on Thursday. The stock has a market capitalization of $3.99 billion, a P/E ratio of 53.74, a P/E/G ratio of 0.96 and a beta of 1.60. The company has a debt-to-equity ratio of 1.07, a quick ratio of 10.05 and a current ratio of 10.05. The stock’s 50-day simple moving average is $52.83 and its 200 day simple moving average is $49.51. EPR Properties has a 52-week low of $41.14 and a 52-week high of $56.38.
The company also recently disclosed a monthly dividend, which will be paid on Monday, May 16th. Shareholders of record on Friday, April 29th will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, April 28th. This represents a $3.30 dividend on an annualized basis and a yield of 6.20%. EPR Properties’s dividend payout ratio is currently 333.34%.
In related news, CFO Mark Alan Peterson sold 4,543 shares of the company’s stock in a transaction on Tuesday, March 29th. The stock was sold at an average price of $55.02, for a total transaction of $249,955.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Tonya L. Mater sold 5,000 shares of the stock in a transaction dated Wednesday, March 2nd. The shares were sold at an average price of $50.08, for a total value of $250,400.00. The disclosure for this sale can be found here. 1.78% of the stock is currently owned by insiders.
Several large investors have recently modified their holdings of the company. Brookfield Asset Management Inc. boosted its holdings in shares of EPR Properties by 150.9% in the third quarter. Brookfield Asset Management Inc. now owns 1,497,622 shares of the real estate investment trust’s stock worth $73,953,000 after buying an additional 900,649 shares during the last quarter. Norges Bank purchased a new stake in shares of EPR Properties in the 4th quarter worth $36,842,000. Centersquare Investment Management LLC raised its holdings in EPR Properties by 70.9% in the 4th quarter. Centersquare Investment Management LLC now owns 1,248,376 shares of the real estate investment trust’s stock worth $59,286,000 after purchasing an additional 517,735 shares during the period. Millennium Management LLC lifted its position in EPR Properties by 259.9% during the third quarter. Millennium Management LLC now owns 693,501 shares of the real estate investment trust’s stock valued at $34,245,000 after purchasing an additional 500,823 shares in the last quarter. Finally, Alliancebernstein L.P. grew its holdings in EPR Properties by 73.8% during the third quarter. Alliancebernstein L.P. now owns 764,344 shares of the real estate investment trust’s stock valued at $37,743,000 after purchasing an additional 324,518 shares during the period. Hedge funds and other institutional investors own 78.44% of the company’s stock.
About EPR Properties (Get Rating)
EPR Properties is a leading 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 which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.
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