EPR Properties (NYSE:EPR) Given New $64.00 Price Target at Royal Bank Of Canada

EPR Properties (NYSE:EPR) had its price objective raised by analysts at Royal Bank Of Canada from $61.00 to $64.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “sector perform” rating on the real estate investment trust’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 3.01% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings restated a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Citizens Jmp reissued a “market outperform” rating and set a $70.00 price objective on shares of EPR Properties in a research report on Thursday, July 2nd. Huntington began coverage on EPR Properties in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $65.00 target price for the company. Truist Financial dropped their price target on EPR Properties from $62.00 to $61.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Finally, Wells Fargo & Company increased their price target on EPR Properties from $60.00 to $61.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 15th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $64.39.

EPR Properties Trading Up 1.3%

EPR traded up $0.79 during trading on Friday, hitting $62.13. The company’s stock had a trading volume of 284,972 shares, compared to its average volume of 772,341. EPR Properties has a twelve month low of $48.10 and a twelve month high of $64.97. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. The stock’s fifty day moving average price is $59.77 and its 200-day moving average price is $57.19. The firm has a market capitalization of $4.76 billion, a P/E ratio of 19.96, a PEG ratio of 2.35 and a beta of 1.02.

EPR Properties (NYSE:EPR) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, topping the consensus estimate of $0.74 by $0.05. The company had revenue of $196.08 million during the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The company’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. Analysts anticipate that EPR Properties will post 5.34 EPS for the current year.

Insider Buying and Selling

In other news, CAO Tonya L. Mater sold 6,692 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $61.79, for a total value of $413,498.68. Following the transaction, the chief accounting officer owned 49,167 shares in the company, valued at $3,038,028.93. The trade was a 11.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Mary Johnson sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $58.11, for a total value of $116,220.00. Following the sale, the senior vice president directly owned 14,213 shares of the company’s stock, valued at $825,917.43. The trade was a 12.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 9,692 shares of company stock worth $589,719 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its position in EPR Properties by 1.0% in the first quarter. Goldman Sachs Group Inc. now owns 96,061 shares of the real estate investment trust’s stock worth $5,054,000 after acquiring an additional 976 shares during the period. United Services Automobile Association bought a new stake in shares of EPR Properties in the 1st quarter worth approximately $251,000. Empowered Funds LLC raised its holdings in shares of EPR Properties by 10.1% in the 1st quarter. Empowered Funds LLC now owns 8,746 shares of the real estate investment trust’s stock worth $460,000 after purchasing an additional 804 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in EPR Properties by 13.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 524,883 shares of the real estate investment trust’s stock valued at $27,614,000 after purchasing an additional 61,844 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in EPR Properties by 13.6% in the first quarter. Focus Partners Wealth now owns 8,861 shares of the real estate investment trust’s stock valued at $466,000 after purchasing an additional 1,062 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

About EPR Properties

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.