Brokerages forecast that EPR Properties (NYSE:EPR) will report $114.13 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for EPR Properties’ earnings. The lowest sales estimate is $106.80 million and the highest is $124.31 million. EPR Properties posted sales of $96.06 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 18.8%. The business is expected to issue its next earnings results after the market closes on Thursday, August 3rd.
According to Zacks, analysts expect that EPR Properties will report full year sales of $114.13 million for the current fiscal year, with estimates ranging from $433.73 million to $493.11 million. For the next financial year, analysts anticipate that the company will report sales of $480.98 million per share, with estimates ranging from $443.96 million to $537.89 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for EPR Properties.
A number of brokerages have weighed in on EPR. BidaskClub raised shares of EPR Properties from a “sell” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research raised shares of EPR Properties from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. ValuEngine cut shares of EPR Properties from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of EPR Properties in a report on Thursday, May 18th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $82.29.
In other news, Director Robert J. Druten sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $70.30, for a total transaction of $632,700.00. Following the completion of the transaction, the director now owns 22,304 shares in the company, valued at approximately $1,567,971.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Peter C. Brown sold 7,907 shares of the firm’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $71.49, for a total transaction of $565,271.43. Following the transaction, the director now owns 4,578 shares of the company’s stock, valued at approximately $327,281.22. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.
Several institutional investors have recently bought and sold shares of EPR. BlackRock Inc. raised its position in EPR Properties by 3,652.5% in the first quarter. BlackRock Inc. now owns 7,220,261 shares of the real estate investment trust’s stock worth $531,629,000 after buying an additional 7,027,848 shares in the last quarter. Norges Bank acquired a new position in EPR Properties during the fourth quarter worth approximately $41,381,000. Principal Financial Group Inc. raised its position in EPR Properties by 12.6% in the first quarter. Principal Financial Group Inc. now owns 3,131,467 shares of the real estate investment trust’s stock worth $230,510,000 after buying an additional 349,384 shares in the last quarter. Systematic Financial Management LP raised its position in EPR Properties by 81.9% in the first quarter. Systematic Financial Management LP now owns 761,831 shares of the real estate investment trust’s stock worth $56,094,000 after buying an additional 343,036 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in EPR Properties by 282.7% in the first quarter. Alliancebernstein L.P. now owns 429,953 shares of the real estate investment trust’s stock worth $31,657,000 after buying an additional 317,619 shares in the last quarter. Institutional investors own 77.07% of the company’s stock.
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Shares of EPR Properties (NYSE:EPR) traded up 0.88% during midday trading on Wednesday, hitting $73.33. 164,097 shares of the stock were exchanged. EPR Properties has a 12 month low of $65.50 and a 12 month high of $84.67. The company has a market cap of $5.40 billion, a PE ratio of 23.29 and a beta of 0.57. The stock has a 50 day moving average price of $72.66 and a 200-day moving average price of $73.22.
The business also recently announced a jun 17 dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a $0.34 dividend. The ex-dividend date was Wednesday, June 28th. This represents a yield of 5.46%. EPR Properties’s dividend payout ratio is presently 129.52%.
EPR Properties Company Profile
EPR Properties is a specialty real estate investment trust. The Company’s investment portfolio includes primarily entertainment, education and recreation properties. The Company’s segments include Entertainment, Education, Recreation and Other. The Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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