EPR Properties (NYSE:EPR) Receives $48.06 Average Price Target from Brokerages

EPR Properties (NYSE:EPR) has earned a consensus recommendation of “Hold” from the nine analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $48.06.

Several equities research analysts have issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of EPR Properties from $42.00 to $45.00 and gave the stock an “underweight” rating in a research note on Monday, August 26th. Stifel Nicolaus upped their price target on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Truist Financial increased their price target on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a report on Friday, August 16th. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a research report on Tuesday.

Insider Buying and Selling

In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the completion of the sale, the chief accounting officer now owns 42,710 shares in the company, valued at approximately $1,964,660. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the sale, the senior vice president now owns 5,780 shares in the company, valued at approximately $253,279.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total transaction of $46,000.00. Following the transaction, the chief accounting officer now directly owns 42,710 shares in the company, valued at approximately $1,964,660. The disclosure for this sale can be found here. Insiders own 2.13% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC lifted its stake in EPR Properties by 2.8% during the second quarter. Nisa Investment Advisors LLC now owns 54,306 shares of the real estate investment trust’s stock worth $2,295,000 after purchasing an additional 1,484 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of EPR Properties by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 11,366,416 shares of the real estate investment trust’s stock worth $482,504,000 after buying an additional 109,144 shares during the last quarter. LSV Asset Management boosted its holdings in shares of EPR Properties by 2.0% in the 1st quarter. LSV Asset Management now owns 1,134,354 shares of the real estate investment trust’s stock valued at $48,153,000 after buying an additional 21,900 shares during the period. Ontario Teachers Pension Plan Board grew its position in shares of EPR Properties by 47.1% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 78,854 shares of the real estate investment trust’s stock valued at $3,347,000 after buying an additional 25,259 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its stake in EPR Properties by 93.9% during the fourth quarter. Allianz Asset Management GmbH now owns 89,195 shares of the real estate investment trust’s stock worth $4,321,000 after acquiring an additional 43,190 shares during the period. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Down 1.1 %

Shares of NYSE:EPR opened at $48.64 on Friday. The stock has a 50-day simple moving average of $46.29 and a 200-day simple moving average of $43.12. The stock has a market capitalization of $3.68 billion, a P/E ratio of 23.96 and a beta of 1.75. EPR Properties has a 1 year low of $39.65 and a 1 year high of $50.26. The company has a debt-to-equity ratio of 1.16, a quick ratio of 11.12 and a current ratio of 11.12.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s payout ratio is 168.47%.

EPR Properties Company Profile

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.