EPR Properties (NYSE:EPR) Receives $48.28 Average Target Price from Analysts

Shares of EPR Properties (NYSE:EPR) have been assigned an average recommendation of “Hold” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $47.94.

EPR has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price target on EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, September 9th. UBS Group began coverage on EPR Properties in a research report on Thursday, November 14th. They issued a “neutral” rating and a $48.00 target price on the stock. Wells Fargo & Company reissued an “underweight” rating and set a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Finally, JMP Securities reaffirmed a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th.

EPR Properties Price Performance

Shares of NYSE:EPR opened at $44.56 on Tuesday. The company has a market cap of $3.37 billion, a PE ratio of 19.29 and a beta of 1.75. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26. The firm has a 50-day simple moving average of $44.86 and a 200 day simple moving average of $45.39. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19.

EPR Properties Announces Dividend

The business also recently declared a dec 24 dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.285 dividend. This represents a dividend yield of 7.6%. The ex-dividend date is Tuesday, December 31st. EPR Properties’s dividend payout ratio is currently 148.05%.

Institutional Investors Weigh In On EPR Properties

Institutional investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in EPR Properties by 7.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,118 shares of the real estate investment trust’s stock worth $1,264,000 after acquiring an additional 2,035 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of EPR Properties by 0.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 145,066 shares of the real estate investment trust’s stock worth $6,090,000 after purchasing an additional 1,321 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of EPR Properties by 7.3% in the 2nd quarter. Van ECK Associates Corp now owns 11,517 shares of the real estate investment trust’s stock worth $483,000 after purchasing an additional 785 shares in the last quarter. Arizona State Retirement System lifted its stake in EPR Properties by 2.3% during the second quarter. Arizona State Retirement System now owns 21,187 shares of the real estate investment trust’s stock valued at $889,000 after purchasing an additional 485 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in EPR Properties by 122.9% during the second quarter. Private Advisor Group LLC now owns 15,947 shares of the real estate investment trust’s stock worth $669,000 after buying an additional 8,792 shares in the last quarter. 74.66% of the stock is currently owned by institutional investors and hedge funds.

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.