Zacks: Brokerages Expect EPR Properties (EPR) to Announce $1.39 Earnings Per Share

Analysts expect EPR Properties (NYSE:EPR) to report $1.39 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for EPR Properties’ earnings. The highest EPS estimate is $1.45 and the lowest is $1.31. EPR Properties posted earnings per share of $1.26 during the same quarter last year, which indicates a positive year-over-year growth rate of 10.3%. The firm is expected to announce its next quarterly earnings results on Wednesday, November 14th.

On average, analysts expect that EPR Properties will report full year earnings of $5.91 per share for the current financial year, with EPS estimates ranging from $5.80 to $6.06. For the next financial year, analysts expect that the business will post earnings of $5.42 per share, with EPS estimates ranging from $5.18 to $5.64. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that follow EPR Properties.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Monday, July 30th. The real estate investment trust reported $1.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.86 by ($0.71). EPR Properties had a return on equity of 8.63% and a net margin of 38.00%. The firm had revenue of $202.90 million during the quarter, compared to analysts’ expectations of $198.17 million. During the same period last year, the company earned $1.29 earnings per share. The business’s revenue for the quarter was up 37.3% compared to the same quarter last year.

A number of research firms recently weighed in on EPR. Citigroup increased their price objective on shares of EPR Properties from $60.00 to $65.00 and gave the stock a “neutral” rating in a research report on Thursday. Stifel Nicolaus raised their target price on shares of EPR Properties from $66.00 to $68.00 and gave the stock a “hold” rating in a research report on Tuesday. Raymond James assumed coverage on shares of EPR Properties in a research report on Friday, July 20th. They set a “market perform” rating on the stock. Bank of America raised their target price on shares of EPR Properties from $62.25 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 16th. Finally, TheStreet lowered shares of EPR Properties from a “b-” rating to a “c” rating in a research report on Tuesday, May 8th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. EPR Properties has an average rating of “Hold” and a consensus target price of $70.33.

EPR Properties traded up $1.45, reaching $68.04, during midday trading on Thursday, Marketbeat reports. The stock had a trading volume of 663,000 shares, compared to its average volume of 564,149. The company has a debt-to-equity ratio of 1.03, a current ratio of 6.16 and a quick ratio of 8.07. EPR Properties has a 52-week low of $51.87 and a 52-week high of $72.32. The firm has a market capitalization of $4.94 billion, a P/E ratio of 13.47, a price-to-earnings-growth ratio of 2.39 and a beta of 0.49.

The business also recently announced a aug 18 dividend, which will be paid on Wednesday, August 15th. Stockholders of record on Tuesday, July 31st will be given a dividend of $0.36 per share. This represents a dividend yield of 6.61%. The ex-dividend date of this dividend is Monday, July 30th. EPR Properties’s dividend payout ratio (DPR) is presently 86.06%.

In other news, VP Tonya L. Mater sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, June 8th. The shares were sold at an average price of $62.65, for a total transaction of $156,625.00. Following the transaction, the vice president now directly owns 31,456 shares of the company’s stock, valued at $1,970,718.40. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.36% of the company’s stock.

Several large investors have recently modified their holdings of EPR. BlackRock Inc. increased its holdings in EPR Properties by 4.3% during the first quarter. BlackRock Inc. now owns 8,052,876 shares of the real estate investment trust’s stock valued at $446,129,000 after buying an additional 334,276 shares during the period. Principal Financial Group Inc. increased its holdings in EPR Properties by 38.3% during the first quarter. Principal Financial Group Inc. now owns 5,105,162 shares of the real estate investment trust’s stock valued at $282,826,000 after buying an additional 1,412,865 shares during the period. Wedge Capital Management L L P NC increased its holdings in EPR Properties by 25.2% during the first quarter. Wedge Capital Management L L P NC now owns 2,458,422 shares of the real estate investment trust’s stock valued at $136,197,000 after buying an additional 495,167 shares during the period. State of New Jersey Common Pension Fund D increased its holdings in EPR Properties by 24.5% during the first quarter. State of New Jersey Common Pension Fund D now owns 1,737,050 shares of the real estate investment trust’s stock valued at $96,233,000 after buying an additional 342,000 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in EPR Properties by 5.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,087,125 shares of the real estate investment trust’s stock valued at $60,227,000 after buying an additional 52,314 shares during the period. 90.02% of the stock is currently owned by institutional investors and hedge funds.

EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.8 billion and our primary investment segments are Entertainment, Recreation and Education.

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Earnings History and Estimates for EPR Properties (NYSE:EPR)

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