Wall Street brokerages forecast that EPR Properties (NYSE:EPR) will post $1.39 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for EPR Properties’ earnings, with the highest EPS estimate coming in at $1.45 and the lowest estimate coming in at $1.31. EPR Properties reported earnings per share of $1.26 during the same quarter last year, which suggests a positive year-over-year growth rate of 10.3%. The company is scheduled to issue its next earnings report on Wednesday, November 14th.
According to Zacks, analysts expect that EPR Properties will report full-year earnings of $5.94 per share for the current financial year, with EPS estimates ranging from $5.80 to $6.06. For the next financial year, analysts forecast that the company will report earnings of $5.36 per share, with EPS estimates ranging from $5.18 to $5.51. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that follow EPR Properties.
EPR Properties (NYSE:EPR) last released its quarterly earnings data on Monday, July 30th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.71). The firm had revenue of $202.90 million for the quarter, compared to analyst estimates of $198.17 million. EPR Properties had a net margin of 38.00% and a return on equity of 8.63%. EPR Properties’s revenue for the quarter was up 37.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.29 EPS.
A number of analysts have weighed in on EPR shares. TheStreet raised EPR Properties from a “c” rating to a “b” rating in a research report on Wednesday, August 1st. Stifel Nicolaus boosted their price target on EPR Properties from $66.00 to $68.00 and gave the stock a “hold” rating in a research report on Tuesday, July 31st. Zacks Investment Research raised EPR Properties from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a research report on Monday, August 6th. Raymond James started coverage on EPR Properties in a research report on Friday, July 20th. They issued a “market perform” rating for the company. Finally, ValuEngine cut EPR Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. EPR Properties has a consensus rating of “Hold” and an average price target of $70.22.
In related news, VP Tonya L. Mater sold 2,500 shares of the business’s stock in a transaction dated Friday, June 8th. The stock was 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 owns 31,456 shares of the company’s stock, valued at approximately $1,970,718.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.36% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of EPR. Midwest Professional Planners LTD. increased its stake in EPR Properties by 53.9% during the second quarter. Midwest Professional Planners LTD. now owns 3,695 shares of the real estate investment trust’s stock valued at $239,000 after acquiring an additional 1,294 shares during the period. Envestnet Asset Management Inc. increased its stake in EPR Properties by 1,260.1% during the second quarter. Envestnet Asset Management Inc. now owns 14,036 shares of the real estate investment trust’s stock valued at $909,000 after acquiring an additional 13,004 shares during the period. Stephens Inc. AR bought a new position in EPR Properties during the second quarter valued at about $2,153,000. Neuburgh Advisers LLC increased its stake in EPR Properties by 144.4% during the second quarter. Neuburgh Advisers LLC now owns 63,240 shares of the real estate investment trust’s stock valued at $4,097,000 after acquiring an additional 37,366 shares during the period. Finally, Riverhead Capital Management LLC increased its stake in EPR Properties by 142.9% during the second quarter. Riverhead Capital Management LLC now owns 32,887 shares of the real estate investment trust’s stock valued at $2,131,000 after acquiring an additional 19,350 shares during the period. 88.15% of the stock is owned by institutional investors and hedge funds.
EPR traded down $0.21 during trading on Friday, reaching $67.60. 181,557 shares of the stock traded hands, compared to its average volume of 407,819. The stock has a market cap of $5.04 billion, a price-to-earnings ratio of 13.47, a PEG ratio of 4.63 and a beta of 0.49. EPR Properties has a fifty-two week low of $51.87 and a fifty-two week high of $72.32. The company has a current ratio of 6.16, a quick ratio of 6.16 and a debt-to-equity ratio of 1.03.
The firm also recently disclosed a aug 18 dividend, which will be paid on Wednesday, August 15th. Investors of record on Tuesday, July 31st will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, July 30th. This represents a dividend yield of 6.61%. EPR Properties’s dividend payout ratio is presently 86.06%.
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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