Brokerages Anticipate EPR Properties (NYSE:EPR) Will Announce Quarterly Sales of $160.92 Million

Wall Street brokerages forecast that EPR Properties (NYSE:EPR) will announce sales of $160.92 million for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for EPR Properties’ earnings. The highest sales estimate is $165.52 million and the lowest is $158.15 million. EPR Properties reported sales of $140.91 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 14.2%. The business is expected to issue its next quarterly earnings report on Monday, November 4th.

On average, analysts expect that EPR Properties will report full year sales of $632.36 million for the current fiscal year, with estimates ranging from $624.66 million to $641.82 million. For the next year, analysts expect that the company will report sales of $674.44 million, with estimates ranging from $638.56 million to $702.79 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that follow EPR Properties.

EPR Properties (NYSE:EPR) last released its quarterly earnings results on Wednesday, July 31st. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.52). EPR Properties had a net margin of 41.51% and a return on equity of 9.81%. The firm had revenue of $175.70 million for the quarter, compared to analyst estimates of $168.46 million. During the same quarter in the prior year, the firm earned $1.87 EPS. The firm’s revenue was down 13.4% compared to the same quarter last year.

A number of equities research analysts have recently issued reports on EPR shares. ValuEngine lowered shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. JPMorgan Chase & Co. boosted their price target on shares of EPR Properties from $76.00 to $83.00 and gave the company a “neutral” rating in a report on Wednesday, August 28th. Bank of America lowered shares of EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 price target on the stock. in a report on Tuesday, June 11th. Finally, Stifel Nicolaus boosted their price target on shares of EPR Properties from $80.00 to $82.00 and gave the company a “hold” rating in a report on Friday, August 23rd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $80.33.

Shares of EPR stock remained flat at $$77.62 during trading hours on Wednesday. 213,571 shares of the stock were exchanged, compared to its average volume of 427,058. EPR Properties has a twelve month low of $62.75 and a twelve month high of $80.75. The firm has a fifty day moving average of $77.24 and a two-hundred day moving average of $77.11. The company has a debt-to-equity ratio of 1.06, a current ratio of 5.32 and a quick ratio of 5.32. The firm has a market capitalization of $6.03 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 4.53 and a beta of 0.49.

The company also recently declared a — dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.375 per share. The ex-dividend date is Friday, September 27th. This represents a dividend yield of 5.8%. EPR Properties’s dividend payout ratio is currently 73.77%.

In other EPR Properties news, Director Robert J. Druten sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $73.26, for a total value of $219,780.00. Following the transaction, the director now owns 31,237 shares in the company, valued at approximately $2,288,422.62. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.34% of the stock is owned by insiders.

Institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC increased its stake in EPR Properties by 92.6% in the 1st quarter. Advisory Services Network LLC now owns 339 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 163 shares during the period. Doyle Wealth Management acquired a new position in EPR Properties in the 2nd quarter valued at approximately $28,000. Princeton Global Asset Management LLC acquired a new position in EPR Properties in the 1st quarter valued at approximately $38,000. NewSquare Capital LLC acquired a new position in EPR Properties in the 2nd quarter valued at approximately $39,000. Finally, North Star Investment Management Corp. acquired a new position in EPR Properties in the 3rd quarter valued at approximately $55,000. Hedge funds and other institutional investors own 84.40% of the company’s stock.

About EPR Properties

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

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