EPR Properties (EPR) Shares Gap Up to $78.44
EPR Properties (NYSE:EPR) shares gapped up prior to trading 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 traded.
Several research firms recently weighed in on EPR. Janney Montgomery Scott restated a “buy” rating and issued a $88.00 price objective on shares of EPR Properties in a research report on Sunday, July 24th. RBC Capital Markets restated an “outperform” rating and issued 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 boosted their price objective on shares of EPR Properties from $70.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, August 4th. Zacks Investment Research upgraded shares of 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. Finally, KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating in a research report on Thursday, July 14th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. EPR Properties presently has an average rating of “Buy” and a consensus price target of $80.00.
The company has a 50 day moving average price of $80.57 and a 200-day moving average price of $72.04. The firm has a market capitalization of $5.06 billion and a PE ratio of 25.91.
EPR Properties (NYSE:EPR) last announced its earnings results on Wednesday, August 3rd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.01. During the same quarter in the previous year, the company earned $1.08 EPS. The business had revenue of $118 million for the quarter, compared to analyst estimates of $112.03 million. The business’s revenue for the quarter was up 16.5% on a year-over-year basis. On average, equities research analysts forecast that EPR Properties will post $4.77 earnings per share for the current fiscal year.
The company also recently declared a aug 16 dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Monday, August 29th. This represents a dividend yield of 4.84%.
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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