EPR Properties (NYSE:EPR) Lifted to Buy at StockNews.com

StockNews.com upgraded shares of EPR Properties (NYSE:EPRGet Rating) from a hold rating to a buy rating in a research note released on Tuesday morning.

A number of other research analysts also recently issued reports on the company. Zacks Investment Research upgraded EPR Properties from a hold rating to a buy rating and set a $56.00 price objective for the company in a research note on Tuesday, March 1st. Stifel Nicolaus upped their price target on EPR Properties from $56.00 to $56.50 and gave the stock a hold rating in a research note on Wednesday, February 23rd. Raymond James upped their price target on EPR Properties from $62.00 to $64.00 and gave the stock a strong-buy rating in a research note on Friday, March 11th. Finally, Royal Bank of Canada upped their price target on EPR Properties from $54.00 to $55.00 and gave the stock a sector perform rating in a research note on Tuesday, March 15th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, EPR Properties currently has a consensus rating of Buy and an average price target of $57.90.

NYSE EPR opened at $50.48 on Tuesday. EPR Properties has a 52 week low of $41.14 and a 52 week high of $56.38. The firm has a market capitalization of $3.78 billion, a P/E ratio of 33.43, a PEG ratio of 0.97 and a beta of 1.60. The company has a quick ratio of 10.05, a current ratio of 8.14 and a debt-to-equity ratio of 1.08. The company has a 50-day moving average price of $52.96 and a 200-day moving average price of $49.53.

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 the consensus estimate of $1.03 by ($0.55). EPR Properties had a net margin of 23.80% and a return on equity of 5.23%. The business had revenue of $157.47 million for the quarter, compared to analysts’ expectations of $145.54 million. During the same period in the previous year, the company earned $0.52 EPS. EPR Properties’s revenue for the quarter was up 40.9% compared to the same quarter last year. As a group, equities research analysts anticipate that EPR Properties will post 4.39 EPS for the current year.

The company also recently announced a monthly dividend, which will be paid on Monday, May 16th. Stockholders of record on Friday, April 29th will be given 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 dividend yield of 6.54%. EPR Properties’s dividend payout ratio is currently 218.54%.

In other news, CFO Mark Alan Peterson sold 4,543 shares of the stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Tonya L. Mater sold 5,000 shares of the 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 disclosure for this sale can be found here. 1.78% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in EPR. UMB Bank N A MO purchased a new stake in EPR Properties during the 4th quarter valued at $26,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in EPR Properties during the 1st quarter valued at $38,000. Catalyst Capital Advisors LLC purchased a new stake in EPR Properties during the 1st quarter valued at $51,000. Charter Oak Capital Management LLC raised its holdings in EPR Properties by 103.2% during the 4th quarter. Charter Oak Capital Management LLC now owns 1,266 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 643 shares during the period. Finally, Parallel Advisors LLC raised its holdings in EPR Properties by 26.4% during the 1st quarter. Parallel Advisors LLC now owns 1,102 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 230 shares during the period. 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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