EPR Properties (NYSE:EPR) Downgraded to Sector Weight Rating by KeyCorp

KeyCorp cut shares of EPR Properties (NYSE:EPR) from an overweight rating to a sector weight rating in a research note issued to investors on Tuesday, Marketbeat.com reports.

EPR has been the topic of a number of other reports. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a research report on Thursday, July 31st. Wells Fargo & Company boosted their price objective on shares of EPR Properties from $52.00 to $53.00 and gave the company an “underweight” rating in a research report on Monday, June 2nd. Truist Financial boosted their price objective on shares of EPR Properties from $53.00 to $55.00 and gave the company a “hold” rating in a research report on Monday, May 19th. UBS Group lowered their price objective on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating on the stock in a research report on Friday, August 15th. Finally, Royal Bank Of Canada downgraded shares of EPR Properties from an “outperform” rating to a “sector perform” rating and set a $58.00 price objective on the stock. in a research report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $56.93.

EPR Properties Stock Performance

EPR Properties stock opened at $53.5450 on Tuesday. The firm’s 50 day simple moving average is $57.01 and its 200-day simple moving average is $53.01. The company has a market cap of $4.08 billion, a P/E ratio of 26.38, a price-to-earnings-growth ratio of 3.74 and a beta of 1.33. The company has a debt-to-equity ratio of 1.20, a current ratio of 7.77 and a quick ratio of 7.77. EPR Properties has a fifty-two week low of $41.75 and a fifty-two week high of $61.24.

EPR Properties (NYSE:EPR) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.01). EPR Properties had a return on equity of 7.66% and a net margin of 25.28%.The firm had revenue of $150.35 million during the quarter, compared to analysts’ expectations of $176.50 million. During the same period last year, the business earned $1.22 earnings per share. The business’s revenue was up 3.7% on a year-over-year basis. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. As a group, equities research analysts predict that EPR Properties will post 4.65 EPS for the current year.

EPR Properties Announces Dividend

The firm also recently announced a aug 25 dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a $0.295 dividend. The ex-dividend date is Friday, August 29th. This represents a yield of 670.0%. EPR Properties’s payout ratio is 174.38%.

Insider Transactions at EPR Properties

In other EPR Properties news, EVP Gregory E. Zimmerman sold 7,500 shares of EPR Properties stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $54.94, for a total value of $412,050.00. Following the completion of the sale, the executive vice president directly owned 96,377 shares in the company, valued at $5,294,952.38. The trade was a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.31% of the stock is owned by company insiders.

Institutional Trading of EPR Properties

A number of institutional investors have recently added to or reduced their stakes in EPR. Deutsche Bank AG lifted its stake in shares of EPR Properties by 3,816.2% in the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock worth $98,642,000 after buying an additional 1,827,098 shares during the last quarter. Norges Bank acquired a new stake in shares of EPR Properties in the second quarter worth $55,093,000. Russell Investments Group Ltd. lifted its stake in shares of EPR Properties by 378.0% in the first quarter. Russell Investments Group Ltd. now owns 821,532 shares of the real estate investment trust’s stock worth $43,221,000 after buying an additional 649,675 shares during the last quarter. Prudential Financial Inc. lifted its stake in shares of EPR Properties by 42.0% in the second quarter. Prudential Financial Inc. now owns 1,870,499 shares of the real estate investment trust’s stock worth $108,975,000 after buying an additional 553,209 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of EPR Properties in the first quarter worth $21,166,000. 74.66% of the stock is currently owned by institutional investors and hedge funds.

About EPR Properties

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.