EPR Properties (NYSE:EPR) Releases Earnings Results, Misses Estimates By $0.55 EPS

EPR Properties (NYSE:EPR – Get Rating) posted its quarterly earnings data on Wednesday. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.55), MarketWatch Earnings reports. The firm had revenue of $157.47 million for the quarter, compared to analysts’ expectations of $145.54 million. EPR Properties had a return on equity of 5.22% and a net margin of 23.80%. The firm’s quarterly revenue was up 40.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 earnings per share. EPR Properties updated its FY22 guidance to $4.39-$4.55 EPS.

NYSE EPR traded down $0.27 during trading on Friday, hitting $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 PE ratio of 34.81, a PEG ratio of 1.00 and a beta of 1.60. 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 firm has a 50 day moving average price of $52.94 and a 200 day moving average price of $49.55. EPR Properties has a twelve month low of $41.14 and a twelve month high of $56.38.

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

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

In other news, CAO Tonya L. Mater sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 2nd. The stock was sold at an average price of $50.08, for a total transaction of $250,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mark Alan Peterson sold 4,543 shares of the business’s stock in a transaction dated Tuesday, March 29th. The stock was sold at an average price of $55.02, for a total value of $249,955.86. The disclosure for this sale can be found here. Insiders own 1.78% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC lifted its stake in EPR Properties by 1.7% during the fourth 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 lifted its stake in EPR Properties by 115.0% during the third 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 lifted its stake in EPR Properties by 12.1% during the fourth 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. lifted its stake in EPR Properties by 20.5% during the fourth 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. purchased a new stake in EPR Properties during the fourth quarter worth approximately $3,755,000. Hedge funds and other institutional investors 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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