EPR Properties (NYSE:EPR) Issues FY22 Earnings Guidance

EPR Properties (NYSE:EPRGet Rating) issued an update on its FY22 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.39-$4.55 for the period, compared to the consensus EPS estimate of $4.40.

NYSE:EPR traded down $0.27 on Friday, reaching $52.57. The stock had a trading volume of 513,615 shares, compared to its average volume of 443,125. The company has a market capitalization of $3.94 billion, a P/E ratio of 34.81, a price-to-earnings-growth ratio of 1.00 and a beta of 1.60. EPR Properties has a 1-year low of $41.14 and a 1-year high of $56.38. The company has a quick ratio of 10.05, a current ratio of 10.05 and a debt-to-equity ratio of 1.07. The stock has a fifty day moving average price of $52.94 and a 200-day moving average price of $49.55.

EPR Properties (NYSE:EPRGet Rating) last released its quarterly earnings results on Wednesday, May 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.55). EPR Properties had a net margin of 23.80% and a return on equity of 5.22%. The firm had revenue of $157.47 million during the quarter, compared to analyst estimates of $145.54 million. During the same quarter last year, the firm earned $0.52 earnings per share. EPR Properties’s quarterly revenue was up 40.9% on a year-over-year basis. Sell-side analysts predict that EPR Properties will post 4.39 earnings per share for the current fiscal year.

The business also recently announced a monthly dividend, which will be paid on Monday, May 16th. Shareholders of record on Friday, April 29th will be paid a $0.275 dividend. This represents a $3.30 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date of this dividend is Thursday, April 28th. EPR Properties’s dividend payout ratio is presently 218.54%.

A number of brokerages have weighed in on EPR. Raymond James boosted their target price on shares of EPR Properties from $62.00 to $64.00 and gave the stock a strong-buy rating in a research note on Friday, March 11th. Zacks Investment Research raised shares of EPR Properties from a hold rating to a buy rating and set a $56.00 target price for the company in a research note on Tuesday, March 1st. Royal Bank of Canada boosted their price target on shares of EPR Properties from $54.00 to $55.00 and gave the stock a sector perform rating in a research note on Tuesday, March 15th. Stifel Nicolaus boosted their price target on shares of EPR Properties from $56.00 to $56.50 and gave the stock a hold rating in a research note on Wednesday, February 23rd. Finally, StockNews.com downgraded shares of EPR Properties from a buy rating to a hold rating in a research note on Wednesday, April 13th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of Buy and a consensus price target of $57.90.

In other news, CAO Tonya L. Mater sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 2nd. The shares were sold at an average price of $50.08, for a total value of $250,400.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Mark Alan Peterson sold 4,543 shares of the firm’s stock in a transaction that occurred on Tuesday, March 29th. The shares were sold at an average price of $55.02, for a total transaction of $249,955.86. The disclosure for this sale can be found here. 1.78% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Parametric Portfolio Associates LLC raised its holdings in EPR Properties by 1.7% during the 4th quarter. Parametric Portfolio Associates LLC now owns 301,461 shares of the real estate investment trust’s stock worth $14,316,000 after purchasing an additional 5,177 shares during the last quarter. Morgan Stanley raised its holdings in EPR Properties by 115.0% during the 3rd quarter. Morgan Stanley now owns 163,031 shares of the real estate investment trust’s stock worth $8,050,000 after purchasing an additional 87,187 shares during the last quarter. Barclays PLC raised its holdings in EPR Properties by 12.1% during the 4th quarter. Barclays PLC now owns 151,012 shares of the real estate investment trust’s stock worth $7,172,000 after purchasing an additional 16,351 shares during the last quarter. D. E. Shaw & Co. Inc. raised its holdings in EPR Properties by 20.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 148,731 shares of the real estate investment trust’s stock worth $7,063,000 after purchasing an additional 25,319 shares during the last quarter. Finally, Sei Investments Co. bought a new position in EPR Properties during the 4th quarter worth approximately $3,755,000. Institutional investors and hedge funds own 78.44% of the company’s stock.

EPR Properties Company Profile (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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Earnings History and Estimates for EPR Properties (NYSE:EPR)

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