Brokerages predict that EPR Properties (NYSE:EPR) will post earnings of $1.87 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for EPR Properties’ earnings. The highest EPS estimate is $1.92 and the lowest is $1.84. EPR Properties posted earnings of $1.29 per share in the same quarter last year, which suggests a positive year over year growth rate of 45%. The business is scheduled to report its next quarterly earnings results on Thursday, August 2nd.
On average, analysts expect that EPR Properties will report full year earnings of $5.85 per share for the current fiscal year, with EPS estimates ranging from $5.80 to $5.92. For the next financial year, analysts expect that the firm will post earnings of $5.42 per share, with EPS estimates ranging from $5.18 to $5.64. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for EPR Properties.
EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Tuesday, May 8th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.92). The firm had revenue of $155.00 million during the quarter, compared to the consensus estimate of $151.23 million. EPR Properties had a return on equity of 8.23% and a net margin of 39.64%. During the same period last year, the business earned $1.19 EPS.
A number of equities research analysts have recently weighed in on EPR shares. Zacks Investment Research lowered shares of EPR Properties from a “hold” rating to a “sell” rating in a research note on Thursday, April 5th. LADENBURG THALM/SH SH lowered shares of EPR Properties from a “buy” rating to a “neutral” rating in a research note on Monday, March 26th. Bank of America lowered shares of EPR Properties from a “buy” rating to a “neutral” rating and set a $60.00 target price on the stock. in a research note on Monday, March 5th. B. Riley set a $80.00 target price on shares of EPR Properties and gave the company a “hold” rating in a research note on Wednesday, February 28th. Finally, SunTrust Banks set a $57.00 target price on shares of EPR Properties and gave the company a “hold” rating in a research note on Tuesday, April 3rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $69.00.
Shares of EPR traded down $0.03 during trading hours on Thursday, reaching $65.50. 484,000 shares of the company traded hands, compared to its average volume of 594,534. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 2.44 and a beta of 0.49. The company has a current ratio of 8.07, a quick ratio of 8.07 and a debt-to-equity ratio of 1.09. EPR Properties has a 12 month low of $51.87 and a 12 month high of $75.45.
The firm also recently declared a jun 18 dividend, which will be paid on Monday, July 16th. Investors of record on Friday, June 29th will be given a dividend of $0.36 per share. The ex-dividend date is Thursday, June 28th. This represents a yield of 6.67%. EPR Properties’s dividend payout ratio (DPR) is currently 86.06%.
In related news, VP Tonya L. Mater sold 2,500 shares of EPR Properties stock in a transaction dated Friday, June 8th. The shares were sold at an average price of $62.65, for a total transaction of $156,625.00. Following the completion of the transaction, the vice president now directly owns 31,456 shares of the company’s stock, valued at approximately $1,970,718.40. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.36% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of EPR. WINTON GROUP Ltd purchased a new position in EPR Properties in the first quarter worth about $233,000. Xact Kapitalforvaltning AB raised its holdings in EPR Properties by 64.7% in the first quarter. Xact Kapitalforvaltning AB now owns 9,423 shares of the real estate investment trust’s stock worth $522,000 after buying an additional 3,700 shares during the last quarter. McKinley Carter Wealth Services Inc. purchased a new position in EPR Properties in the first quarter worth about $120,000. Legal & General Group Plc raised its holdings in EPR Properties by 13.8% in the first quarter. Legal & General Group Plc now owns 270,571 shares of the real estate investment trust’s stock worth $14,990,000 after buying an additional 32,899 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its holdings in EPR Properties by 23.2% in the first quarter. Coldstream Capital Management Inc. now owns 12,284 shares of the real estate investment trust’s stock worth $680,000 after buying an additional 2,315 shares during the last quarter. 89.81% of the stock is owned by institutional investors.
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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