EPR Properties (EPR) Shares Gap Up to $78.44
EPR Properties (NYSE:EPR) gapped up before the market opened on Friday . The stock had previously closed at $78.19, but opened at $78.44. EPR Properties shares last traded at $79.42, with a volume of 225,170 shares changing hands.
A number of equities research analysts have recently commented on the company. Citigroup Inc. increased their price objective on EPR Properties from $78.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, August 12th. Zacks Investment Research upgraded EPR Properties from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Monday, August 8th. RBC Capital Markets reiterated an “outperform” rating and set a $88.00 price objective (up previously from $70.00) on shares of EPR Properties in a research report on Thursday, August 4th. Royal Bank Of Canada increased their price objective on EPR Properties from $70.00 to $88.00 and gave the company an “outperform” rating in a research report on Thursday, August 4th. Finally, Janney Montgomery Scott reiterated a “buy” rating and set a $88.00 price objective on shares of EPR Properties in a research report on Sunday, July 24th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. EPR Properties has an average rating of “Buy” and an average target price of $80.00.
The company has a market cap of $5.06 billion and a price-to-earnings ratio of 25.91. The firm has a 50-day moving average price of $80.57 and a 200-day moving average price of $72.04.
EPR Properties (NYSE:EPR) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.01. The company earned $118 million during the quarter, compared to analyst estimates of $112.03 million. During the same period in the prior year, the business earned $1.08 EPS. The business’s revenue for the quarter was up 16.5% on a year-over-year basis. On average, analysts predict that EPR Properties will post $4.77 EPS for the current fiscal year.
The business also recently declared a aug 16 dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be issued a $0.32 dividend. This represents a dividend yield of 4.84%. The ex-dividend date of this dividend is Monday, August 29th.
An institutional investor recently raised its position in EPR Properties stock. Bank of Montreal Can increased its position in shares of EPR Properties (NYSE:EPR) by 5.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 223,662 shares of the company’s stock after buying an additional 11,902 shares during the period. Bank of Montreal Can owned 0.37% of EPR Properties worth $13,073,000 as of its most recent SEC filing.
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company operates in four segments: Entertainment, Education, Recreation and Other. The Company’s Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels.
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