EPR Properties’ (EPR) Market Perform Rating Reiterated at JMP Securities

JMP Securities reiterated their market perform rating on shares of EPR Properties (NYSE:EPR) in a research note published on Tuesday morning, Benzinga reports.

A number of other research firms also recently issued reports on EPR. Truist Financial upped their target price on shares of EPR Properties from $44.00 to $46.00 and gave the company a hold rating in a research report on Friday, August 16th. Wells Fargo & Company increased their price objective on shares of EPR Properties from $42.00 to $45.00 and gave the company an underweight rating in a report on Monday, August 26th. StockNews.com lowered shares of EPR Properties from a buy rating to a hold rating in a report on Thursday, August 1st. Raymond James upgraded shares of EPR Properties from an outperform rating to a strong-buy rating and set a $54.00 target price for the company in a research report on Wednesday, August 21st. Finally, JPMorgan Chase & Co. raised 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. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of Hold and a consensus price target of $48.06.

EPR Properties Trading Down 0.2 %

EPR stock opened at $48.55 on Tuesday. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. EPR Properties has a twelve month low of $39.65 and a twelve month high of $50.26. The company has a market cap of $3.67 billion, a P/E ratio of 23.91 and a beta of 1.75. The business has a fifty day moving average of $46.39 and a 200-day moving average of $43.16.

EPR Properties Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date is Monday, September 30th. EPR Properties’s dividend payout ratio is currently 168.47%.

Insider Activity

In related news, SVP Gwendolyn Mary Johnson sold 592 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the sale, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other EPR Properties news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the sale, the chief accounting officer now owns 42,710 shares of the company’s stock, valued at approximately $1,964,660. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the sale, the senior vice president now owns 5,780 shares in the company, valued at $253,279.60. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EPR Properties

Hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Securities Inc. bought a new position in shares of EPR Properties during the 4th quarter worth approximately $31,000. BNP Paribas Financial Markets grew its position in EPR Properties by 16.1% in the fourth quarter. BNP Paribas Financial Markets now owns 14,293 shares of the real estate investment trust’s stock valued at $692,000 after purchasing an additional 1,984 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in EPR Properties by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,061,160 shares of the real estate investment trust’s stock valued at $51,414,000 after buying an additional 3,162 shares during the last quarter. Norges Bank bought a new stake in EPR Properties during the 4th quarter worth about $42,761,000. Finally, Franklin Resources Inc. boosted its stake in shares of EPR Properties by 14.7% during the 4th quarter. Franklin Resources Inc. now owns 39,633 shares of the real estate investment trust’s stock worth $1,920,000 after buying an additional 5,091 shares during the last quarter. Institutional investors and hedge funds 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.