Stocks of EPR Properties (NYSE:EPR) traded higher last session on Wall Street, down -0.91% to $45.98.
According to the data, EPR Properties (NYSE:EPR) has 10 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $54.00 and a low of $44.00, we find $50.00. Given the previous closing price of $46.40, this indicates a potential upside of 7.76 percent. EPR stock price is now 4.96% away from the 50-day moving average and 13.76% away from the 200-day moving average. The market capitalization of the company currently stands at $3.45B.
A total of 5 analysts have issued a hold rating and 5 have given it a buy rating. Brokers who have rated the stock have averaged $49.45 as their price target over the next twelve months.
With the price target maintained at $54, JMP Securities recently Upgraded its rating from Mkt Perform to Mkt Outperform for EPR Properties (NYSE: EPR).
Insiders disposed of 109,611 shares of company stock worth roughly $5.04 million over the past 1 year. A total of 1.79% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EPR stock. A new stake in EPR Properties shares was purchased by CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC during the first quarter worth $16,291,000. MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. invested $10,742,000 in shares of EPR during the first quarter. In the first quarter, CINCTIVE CAPITAL MANAGEMENT LP acquired a new stake in EPR Properties valued at approximately $3,312,000. ING GROEP NV acquired a new stake in EPR for approximately $1,402,000. LIGHTHOUSE INVESTMENT PARTNERS, LLC purchased a new stake in EPR valued at around $1,379,000 in the second quarter. In total, there are 467 active investors with 80.90% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $46.41 for EPR Properties (NYSE: EPR). During the past 12 months, EPR Properties has had a low of $33.92 and a high of $55.60. According to the stock market information, the enterprise value for the company is $6.41B, which is based on a 20.64 price-to-earnings ratio, a 2.95 price-to-earnings-growth ratio, and a beta of 1.67. The fifty day moving average price for EPR is $43.89 and a two-hundred day moving average price translates $40.48 for the stock.
The latest earnings results from EPR Properties (NYSE: EPR) was released for Mar, 2023. According to the REIT – Specialty Company, earnings per share came in at $0.69, beating analysts’ expectations of $0.62 by 0.07. This compares to $0.48 EPS in the same period last year. The net profit margin was 24.90% and return on equity was 6.60% for EPR. The company reported revenue of $171.4 million for the quarter, compared to $157.47 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.84 percent. For the current quarter, analysts expect EPR to generate $152.07M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 07/17/2023. Investors who held shares on 06/30/2023 were paid a $0.275 dividend. On an annualized basis, this represents a $3.30 dividend and a 7.18% percent yield. There was an ex-dividend date of 06/29/2023 for this dividend. In terms of dividend payout ratio, EPR is presently at 152.40%.
EPR Properties(EPR) 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. We have total assets of approximately $5.8 billion (after accumulated depreciation of approximately $1.3 billion) across 44 states. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns.
