Truist Financial Forecasts Strong Price Appreciation for EPR Properties (NYSE:EPR) Stock

EPR Properties (NYSE:EPR) had its target price lifted by equities research analysts at Truist Financial from $53.00 to $55.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price objective would indicate a potential upside of 1.51% from the company’s current price.

A number of other research analysts have also recently issued reports on the stock. Royal Bank of Canada increased their target price on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. UBS Group increased their target price on shares of EPR Properties from $52.00 to $56.00 and gave the company a “neutral” rating in a report on Tuesday, May 13th. Wells Fargo & Company increased their price target on shares of EPR Properties from $45.00 to $52.00 and gave the company an “underweight” rating in a research report on Monday, March 10th. StockNews.com upgraded shares of EPR Properties from a “hold” rating to a “buy” rating in a research report on Monday, May 12th. Finally, Stifel Nicolaus increased their price target on shares of EPR Properties from $51.00 to $52.00 and gave the company a “hold” rating in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $52.25.

EPR Properties Trading Up 0.9%

NYSE EPR opened at $54.18 on Monday. The stock has a market capitalization of $4.12 billion, a P/E ratio of 23.46 and a beta of 1.26. EPR Properties has a 52-week low of $39.87 and a 52-week high of $54.25. The firm has a 50-day moving average price of $50.02 and a 200 day moving average price of $47.76. 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 (NYSE:EPR) last issued its earnings results on Wednesday, May 7th. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.05. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The company had revenue of $146.36 million during the quarter, compared to analysts’ expectations of $155.46 million. During the same period last year, the company posted $1.12 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities research analysts expect that EPR Properties will post 4.65 EPS for the current year.

Insider Buying and Selling

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 3,900 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $54.02, for a total transaction of $210,678.00. Following the transaction, the senior vice president now owns 8,216 shares of the company’s stock, valued at $443,828.32. This trade represents a 32.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Tonya L. Mater sold 3,120 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now directly owns 46,827 shares in the company, valued at approximately $2,430,321.30. This represents a 6.25% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,520 shares of company stock worth $502,581. 2.31% of the stock is owned by insiders.

Hedge Funds Weigh In On EPR Properties

A number of large investors have recently bought and sold shares of the stock. Wealthfront Advisers LLC purchased a new position in EPR Properties during the fourth quarter worth approximately $302,313,000. Deutsche Bank AG raised its stake in EPR Properties by 3,816.2% during the first quarter. Deutsche Bank AG now owns 1,874,975 shares of the real estate investment trust’s stock worth $98,642,000 after purchasing an additional 1,827,098 shares during the period. Charles Schwab Investment Management Inc. raised its stake in EPR Properties by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,380,301 shares of the real estate investment trust’s stock worth $61,120,000 after purchasing an additional 30,401 shares during the period. LSV Asset Management raised its stake in shares of EPR Properties by 11.4% in the 1st quarter. LSV Asset Management now owns 1,257,666 shares of the real estate investment trust’s stock valued at $66,166,000 after acquiring an additional 128,568 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of EPR Properties by 38.3% in the 1st quarter. AQR Capital Management LLC now owns 1,195,997 shares of the real estate investment trust’s stock valued at $61,887,000 after acquiring an additional 331,513 shares during the period. Hedge funds and other institutional investors own 74.66% of the company’s stock.

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.