Q1 2018 EPS Estimates for EPR Properties (EPR) Cut by Analyst

EPR Properties (NYSE:EPR) – Research analysts at SunTrust Banks lowered their Q1 2018 earnings per share (EPS) estimates for shares of EPR Properties in a note issued to investors on Tuesday, April 3rd. SunTrust Banks analyst K. Kim now expects that the real estate investment trust will earn $1.33 per share for the quarter, down from their previous forecast of $1.35. SunTrust Banks has a “Hold” rating and a $57.00 price target on the stock. SunTrust Banks also issued estimates for EPR Properties’ Q2 2018 earnings at $1.34 EPS, Q3 2018 earnings at $1.34 EPS, Q4 2018 earnings at $1.34 EPS, FY2018 earnings at $5.34 EPS, FY2019 earnings at $5.35 EPS, FY2020 earnings at $5.38 EPS, FY2021 earnings at $5.55 EPS and FY2022 earnings at $5.56 EPS.

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A number of other analysts also recently commented on EPR. Zacks Investment Research downgraded EPR Properties from a “hold” rating to a “sell” rating in a research report on Thursday. Royal Bank of Canada set a $68.00 price objective on EPR Properties and gave the stock a “buy” rating in a research report on Thursday, March 1st. Stifel Nicolaus reduced their price objective on EPR Properties from $76.00 to $61.00 and set a “hold” rating for the company in a research report on Thursday, March 1st. B. Riley set a $80.00 price objective on EPR Properties and gave the stock a “hold” rating in a research report on Wednesday, February 28th. Finally, Citigroup dropped their target price on EPR Properties from $70.00 to $60.00 and set a “neutral” rating for the company in a report on Tuesday, March 13th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. EPR Properties currently has an average rating of “Hold” and a consensus price target of $68.44.

Shares of EPR stock opened at $56.40 on Thursday. The company has a quick ratio of 8.20, a current ratio of 8.20 and a debt-to-equity ratio of 1.03. EPR Properties has a 12 month low of $51.87 and a 12 month high of $76.90. The company has a market capitalization of $4,098.58, a price-to-earnings ratio of 11.24, a PEG ratio of 2.94 and a beta of 0.45.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, February 28th. The real estate investment trust reported $0.74 EPS for the quarter, missing the Zacks’ consensus estimate of $1.44 by ($0.70). EPR Properties had a return on equity of 9.60% and a net margin of 45.65%. The firm had revenue of $147.70 million during the quarter, compared to the consensus estimate of $151.87 million. During the same quarter in the prior year, the business posted $1.26 EPS. EPR Properties’s revenue was up 12.9% compared to the same quarter last year.

The business also recently announced a mar 18 dividend, which will be paid on Monday, April 16th. Stockholders of record on Thursday, March 29th will be issued a $0.36 dividend. The ex-dividend date is Wednesday, March 28th. This represents a dividend yield of 7.67%. EPR Properties’s payout ratio is presently 86.06%.

In other news, SVP Craig L. Evans sold 14,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $60.03, for a total value of $840,420.00. Following the completion of the transaction, the senior vice president now directly owns 38,384 shares of the company’s stock, valued at approximately $2,304,191.52. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.50% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Great West Life Assurance Co. Can raised its holdings in shares of EPR Properties by 1.8% in the 3rd quarter. Great West Life Assurance Co. Can now owns 42,695 shares of the real estate investment trust’s stock worth $2,974,000 after buying an additional 743 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of EPR Properties by 4.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,371 shares of the real estate investment trust’s stock worth $1,399,000 after buying an additional 985 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of EPR Properties by 20.8% in the 4th quarter. Park Avenue Securities LLC now owns 6,672 shares of the real estate investment trust’s stock worth $430,000 after buying an additional 1,149 shares in the last quarter. Itau Unibanco Holding S.A. raised its holdings in shares of EPR Properties by 102.6% in the 4th quarter. Itau Unibanco Holding S.A. now owns 2,308 shares of the real estate investment trust’s stock worth $151,000 after buying an additional 1,169 shares in the last quarter. Finally, Flinton Capital Management LLC increased its holdings in EPR Properties by 23.7% during the 4th quarter. Flinton Capital Management LLC now owns 7,588 shares of the real estate investment trust’s stock valued at $497,000 after purchasing an additional 1,456 shares in the last quarter. 88.56% of the stock is owned by institutional investors and hedge funds.

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EPR Properties Company Profile

EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.

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

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