EPR Properties (NYSE:EPR) Price Target Raised to $54.00 at Wells Fargo & Company

EPR Properties (NYSE:EPR) had its target price raised by Wells Fargo & Company from $53.00 to $54.00 in a research report report published on Wednesday,Benzinga reports. Wells Fargo & Company currently has an underweight rating on the real estate investment trust’s stock.

Several other equities research analysts have also commented on the stock. Raymond James Financial raised their price target on shares of EPR Properties from $57.00 to $62.00 and gave the company a “strong-buy” rating in a research note on Tuesday, August 12th. KeyCorp lowered shares of EPR Properties from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, August 19th. UBS Group dropped their price target on shares of EPR Properties from $62.00 to $54.00 and set a “neutral” rating on the stock in a research note on Friday, August 15th. Stifel Nicolaus raised their price target on shares of EPR Properties from $65.00 to $65.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Wall Street Zen lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $57.07.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $55.07 on Wednesday. The firm’s 50 day moving average is $56.68 and its two-hundred day moving average is $53.26. EPR Properties has a 52 week low of $41.75 and a 52 week high of $61.24. The firm has a market capitalization of $4.19 billion, a P/E ratio of 27.13, a PEG ratio of 3.83 and a beta of 1.33. The company has a current ratio of 7.77, a quick ratio of 7.77 and a debt-to-equity ratio of 1.20.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $1.24 EPS for the quarter, missing the consensus estimate of $1.25 by ($0.01). EPR Properties had a net margin of 25.28% and a return on equity of 7.66%. The firm had revenue of $150.35 million during the quarter, compared to analyst estimates of $176.50 million. During the same quarter in the previous year, the business posted $1.22 EPS. EPR Properties’s revenue for the quarter was up 3.7% compared to the same quarter last year. EPR Properties has set its FY 2025 guidance at 5.000-5.160 EPS. Analysts anticipate that EPR Properties will post 4.65 earnings per share for the current year.

EPR Properties Dividend Announcement

The business also recently disclosed a aug 25 dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a dividend of $0.295 per share. This represents a dividend yield of 670.0%. The ex-dividend date is Friday, August 29th. EPR Properties’s dividend payout ratio (DPR) is currently 174.38%.

Insiders Place Their Bets

In related news, EVP Gregory E. Zimmerman sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $54.94, for a total transaction of $412,050.00. Following the completion of the sale, the executive vice president directly owned 96,377 shares in the company, valued at approximately $5,294,952.38. This trade represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.31% of the company’s stock.

Institutional Trading of EPR Properties

A number of large investors have recently added to or reduced their stakes in EPR. Deutsche Bank AG boosted its holdings in EPR Properties by 3,816.2% during 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 in the last quarter. Norges Bank bought a new stake in EPR Properties during the second quarter worth approximately $55,093,000. Russell Investments Group Ltd. boosted its holdings in EPR Properties by 378.0% during 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 in the last quarter. Prudential Financial Inc. boosted its holdings in EPR Properties by 42.0% during 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 in the last quarter. Finally, Wellington Management Group LLP bought a new stake in EPR Properties during the first quarter worth approximately $21,166,000. 74.66% of the stock is currently owned by institutional investors.

EPR Properties Company Profile

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.