EPR Properties (EPR) Sets New 1-Year High at $70.96

Shares of EPR Properties (NYSE:EPR) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $70.96 and last traded at $70.72, with a volume of 16221 shares changing hands. The stock had previously closed at $70.75.

Several brokerages recently issued reports on EPR. Citigroup boosted their price objective on shares of EPR Properties from $65.00 to $70.00 and gave the company a “hold” rating in a report on Thursday, November 1st. Zacks Investment Research lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Tuesday, October 30th. ValuEngine upgraded shares of EPR Properties from a “sell” rating to a “hold” rating in a report on Tuesday, October 2nd. Stifel Nicolaus boosted their price objective on shares of EPR Properties from $68.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, September 18th. Finally, Bank of America boosted their price objective on shares of EPR Properties from $65.50 to $67.50 and gave the company a “neutral” rating in a report on Monday, September 10th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $70.44.

The company has a debt-to-equity ratio of 1.02, a quick ratio of 5.57 and a current ratio of 5.57. The company has a market capitalization of $5.19 billion, a PE ratio of 14.10, a PEG ratio of 4.53 and a beta of 0.43.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Monday, October 29th. The real estate investment trust reported $1.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.18. The company had revenue of $176.40 million for the quarter, compared to analyst estimates of $157.09 million. EPR Properties had a net margin of 40.84% and a return on equity of 9.62%. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.22 earnings per share. On average, analysts expect that EPR Properties will post 6.07 EPS for the current fiscal year.

The firm also recently declared a oct 18 dividend, which will be paid on Thursday, November 15th. Shareholders of record on Wednesday, October 31st will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a yield of 6.36%. EPR Properties’s dividend payout ratio (DPR) is presently 86.06%.

In other EPR Properties news, CAO Tonya L. Mater sold 4,287 shares of the business’s stock in a transaction dated Thursday, November 8th. The shares were sold at an average price of $70.13, for a total transaction of $300,647.31. Following the sale, the chief accounting officer now directly owns 31,395 shares in the company, valued at $2,201,731.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark Alan Peterson sold 7,250 shares of the business’s stock in a transaction dated Monday, November 5th. The stock was sold at an average price of $69.75, for a total transaction of $505,687.50. Following the sale, the chief financial officer now owns 101,053 shares in the company, valued at $7,048,446.75. The disclosure for this sale can be found here. Insiders have sold 18,537 shares of company stock worth $1,296,125 over the last quarter. Insiders own 1.36% of the company’s stock.

A number of large investors have recently modified their holdings of EPR. First Hawaiian Bank purchased a new stake in EPR Properties during the third quarter worth about $113,000. Qube Research & Technologies Ltd acquired a new position in shares of EPR Properties during the second quarter worth about $143,000. Sun Life Financial INC acquired a new position in shares of EPR Properties during the second quarter worth about $204,000. UMB Bank N A MO acquired a new position in shares of EPR Properties during the third quarter worth about $207,000. Finally, World Asset Management Inc acquired a new position in shares of EPR Properties during the second quarter worth about $215,000. Institutional investors own 89.61% of the company’s stock.

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EPR Properties Company Profile (NYSE:EPR)

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 $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

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