Analysts Set EPR Properties (NYSE:EPR) Price Target at $48.28

EPR Properties (NYSE:EPR) has earned an average recommendation of “Hold” from the ten research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $48.28.

A number of research analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, September 9th. JMP Securities reiterated a “market perform” rating on shares of EPR Properties in a research note on Tuesday, September 24th. Wells Fargo & Company reissued an “underweight” rating and issued a $47.00 target price (up previously from $45.00) on shares of EPR Properties in a report on Tuesday, October 1st. Finally, UBS Group initiated coverage on EPR Properties in a report on Thursday, November 14th. They set a “neutral” rating and a $48.00 price target for the company.

EPR Properties Stock Performance

Shares of EPR Properties stock opened at $43.98 on Tuesday. The stock has a market capitalization of $3.33 billion, a price-to-earnings ratio of 19.04 and a beta of 1.75. The firm’s fifty day simple moving average is $44.89 and its 200-day simple moving average is $45.36. The company has a debt-to-equity ratio of 1.19, a current ratio of 7.81 and a quick ratio of 7.81. EPR Properties has a 12 month low of $39.65 and a 12 month high of $50.26.

EPR Properties Dividend Announcement

The business also recently disclosed a dec 24 dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.285 per share. This represents a 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

Several institutional investors have recently modified their holdings of EPR. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of EPR Properties by 7.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,118 shares of the real estate investment trust’s stock worth $1,264,000 after buying an additional 2,035 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of EPR Properties by 0.9% in the second quarter. Commonwealth Equity Services LLC now owns 145,066 shares of the real estate investment trust’s stock valued at $6,090,000 after purchasing an additional 1,321 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of EPR Properties by 7.3% during 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 raised its position in shares of EPR Properties by 2.3% during the 2nd quarter. Arizona State Retirement System now owns 21,187 shares of the real estate investment trust’s stock worth $889,000 after purchasing an additional 485 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in EPR Properties by 122.9% in the 2nd quarter. Private Advisor Group LLC now owns 15,947 shares of the real estate investment trust’s stock valued at $669,000 after buying an additional 8,792 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

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.