EPR Properties (NYSE:EPR) Updates FY17 Earnings Guidance
EPR Properties (NYSE:EPR) issued an update on its FY17 earnings guidance on Thursday morning. The company provided earnings per share guidance of $5.05-$5.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.13.
Shares of EPR Properties (NYSE EPR) traded up 0.59% during midday trading on Friday, reaching $69.72. 890,425 shares of the company’s stock traded hands. EPR Properties has a 52-week low of $65.50 and a 52-week high of $82.78. The firm has a market cap of $5.13 billion, a PE ratio of 22.14 and a beta of 0.57. The company has a 50 day moving average of $72.88 and a 200 day moving average of $73.19.
EPR Properties (NYSE:EPR) last released its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.05. EPR Properties had a net margin of 46.90% and a return on equity of 11.34%. The firm had revenue of $147.80 million for the quarter, compared to analyst estimates of $138.07 million. During the same period last year, the firm earned $1.17 earnings per share. The business’s quarterly revenue was up 25.3% compared to the same quarter last year. On average, equities analysts predict that EPR Properties will post $3.36 EPS for the current fiscal year.
The firm also recently disclosed a aug 17 dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be paid a $0.34 dividend. This represents a dividend yield of 5.56%. The ex-dividend date of this dividend is Thursday, July 27th. EPR Properties’s dividend payout ratio (DPR) is 120.00%.
A number of research firms have weighed in on EPR. BidaskClub lowered shares of EPR Properties from a hold rating to a sell rating in a research note on Tuesday, July 25th. Zacks Investment Research raised shares of EPR Properties from a sell rating to a hold rating in a research note on Tuesday, July 4th. ValuEngine lowered shares of EPR Properties from a buy rating to a hold rating in a research note on Friday, June 2nd. Finally, Ladenburg Thalmann Financial Services reaffirmed a hold rating on shares of EPR Properties in a research note on Thursday, May 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $79.80.
In related news, 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 directly owns 4,578 shares of the company’s stock, valued at $327,281.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction, the director now directly owns 22,304 shares in the company, valued at $1,567,971.20. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.
About EPR Properties
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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