Truist Financial Issues Positive Forecast for EPR Properties (NYSE:EPR) Stock Price

EPR Properties (NYSE:EPR) had its target price lifted by analysts at Truist Financial from $51.00 to $53.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price target would suggest a potential upside of 3.80% from the company’s previous close.

Several other brokerages have also issued reports on EPR. Royal Bank of Canada lifted their price target on EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, March 6th. Stifel Nicolaus lifted their target price on EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. Finally, Wells Fargo & Company increased their target price on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, EPR Properties currently has an average rating of “Hold” and an average target price of $51.00.

EPR Properties Stock Performance

EPR opened at $51.06 on Monday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 7.81 and a current ratio of 7.81. EPR Properties has a 52-week low of $39.66 and a 52-week high of $54.25. The firm has a market cap of $3.88 billion, a P/E ratio of 22.10 and a beta of 1.72. The business’s fifty day moving average is $49.46 and its 200-day moving average is $47.32.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The firm had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. Sell-side analysts expect that EPR Properties will post 4.65 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Brian Andrew Moriarty sold 2,500 shares of the firm’s stock in a transaction 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 directly owns 15,299 shares of the company’s stock, valued at $795,395.01. This trade represents a 14.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total value of $161,928.00. Following the completion of the sale, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. This trade represents a 6.25 % 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 worth $502,581 in the last ninety days. Company insiders own 2.13% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Hedge funds have recently made changes to their positions in the stock. Brooklyn Investment Group bought a new stake in EPR Properties in the third quarter valued at approximately $27,000. Synergy Investment Management LLC acquired a new position in shares of EPR Properties in the 4th quarter worth approximately $27,000. GAMMA Investing LLC boosted its stake in shares of EPR Properties by 36.6% in the 4th quarter. GAMMA Investing LLC now owns 1,127 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 302 shares during the last quarter. Principal Securities Inc. increased its position in shares of EPR Properties by 54.5% during the fourth quarter. Principal Securities Inc. now owns 1,296 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 457 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new position in EPR Properties during the fourth quarter worth $60,000. 74.66% of the stock is currently owned by institutional investors.

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.