EPR Properties (NYSE:EPR) Stock Price Expected to Rise, Truist Financial Analyst Says

EPR Properties (NYSE:EPR) had its price target upped by investment analysts at Truist Financial from $46.00 to $51.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price objective points to a potential downside of 0.62% from the stock’s current price.

Several other research firms have also commented on EPR. Wells Fargo & Company boosted their price objective on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Stifel Nicolaus increased their price objective on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, February 27th. Finally, Royal Bank of Canada raised their price objective on EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, EPR Properties currently has a consensus rating of “Hold” and a consensus target price of $50.75.

EPR Properties Stock Down 1.0 %

NYSE:EPR opened at $51.32 on Tuesday. The company has a market cap of $3.90 billion, a price-to-earnings ratio of 22.22 and a beta of 1.72. EPR Properties has a twelve month low of $39.66 and a twelve month high of $54.25. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The stock has a fifty day simple moving average of $48.93 and a 200-day simple moving average of $47.21.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, beating the consensus estimate of $0.66 by $0.56. The firm had revenue of $149.12 million for the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. Analysts anticipate that EPR Properties will post 4.65 EPS for the current year.

Insider Activity at EPR Properties

In related news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was 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 $443,828.32. This represents a 32.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Brian Andrew Moriarty sold 2,500 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the transaction, the senior vice president now owns 15,299 shares in the company, valued at approximately $795,395.01. This trade represents a 14.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,520 shares of company stock valued at $502,581 in the last ninety days. Company insiders own 2.13% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EPR. Metis Global Partners LLC grew its position in EPR Properties by 31.8% during the 3rd quarter. Metis Global Partners LLC now owns 7,797 shares of the real estate investment trust’s stock worth $382,000 after purchasing an additional 1,881 shares during the period. Landscape Capital Management L.L.C. purchased a new stake in shares of EPR Properties in the third quarter worth about $313,000. Charles Schwab Investment Management Inc. grew its holdings in EPR Properties by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock worth $66,199,000 after acquiring an additional 54,567 shares during the period. Eagle Asset Management Inc. purchased a new position in EPR Properties during the third quarter valued at approximately $5,224,000. Finally, Cerity Partners LLC lifted its holdings in EPR Properties by 31.1% in the third quarter. Cerity Partners LLC now owns 19,022 shares of the real estate investment trust’s stock valued at $933,000 after acquiring an additional 4,507 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

About EPR Properties

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.