EPR Properties (NYSE:EPR - Get Free Report) had its target price raised by investment analysts at Royal Bank of Canada from $50.00 to $58.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an "outperform" rating on the real estate investment trust's stock. Royal Bank of Canada's price target would suggest a potential upside of 9.85% from the stock's current price.
EPR has been the topic of several other reports. UBS Group initiated coverage on EPR Properties in a research note on Thursday, November 14th. They set a "neutral" rating and a $48.00 price objective on the stock. Stifel Nicolaus raised their price target on shares of EPR Properties from $51.00 to $52.00 and gave the stock a "hold" rating in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $49.50.
View Our Latest Stock Analysis on EPR Properties
Shares of EPR traded down $0.58 during midday trading on Thursday, hitting $52.80. The company had a trading volume of 36,909 shares, compared to its average volume of 674,113. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 22.86 and a beta of 1.75. The company's 50 day moving average price is $47.43 and its 200 day moving average price is $46.85. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a 52 week low of $39.65 and a 52 week high of $54.25.
EPR Properties (NYSE:EPR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.56. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. The firm had revenue of $149.12 million for the quarter, compared to analysts' expectations of $161.25 million. On average, equities research analysts predict that EPR Properties will post 4.65 EPS for the current year.
In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total value of $210,678.00. Following the sale, the senior vice president now owns 8,216 shares in the company, valued at approximately $443,828.32. This trade represents a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.13% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Treasurer of the State of North Carolina grew its stake in shares of EPR Properties by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 32,851 shares of the real estate investment trust's stock worth $1,455,000 after purchasing an additional 210 shares in the last quarter. 1620 Investment Advisors Inc. lifted its holdings in EPR Properties by 1.5% in the fourth quarter. 1620 Investment Advisors Inc. now owns 15,071 shares of the real estate investment trust's stock worth $667,000 after purchasing an additional 219 shares during the period. Global Retirement Partners LLC grew its position in EPR Properties by 5.9% in the 4th quarter. Global Retirement Partners LLC now owns 4,117 shares of the real estate investment trust's stock valued at $182,000 after buying an additional 228 shares in the last quarter. Kestra Private Wealth Services LLC increased its stake in EPR Properties by 1.8% during the 4th quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust's stock valued at $608,000 after buying an additional 249 shares during the period. Finally, State of Alaska Department of Revenue raised its position in shares of EPR Properties by 0.6% during the 4th quarter. State of Alaska Department of Revenue now owns 44,677 shares of the real estate investment trust's stock worth $1,977,000 after buying an additional 251 shares in the last quarter. 74.66% of the stock is owned by institutional investors.
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.
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