Brokerages Anticipate EPR Properties (NYSE:EPR) Will Announce Earnings of $1.11 Per Share

Equities analysts expect EPR Properties (NYSE:EPR – Get Rating) to announce $1.11 earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for EPR Properties’ earnings, with the highest EPS estimate coming in at $1.13 and the lowest estimate coming in at $1.08. EPR Properties reported earnings per share of $0.71 in the same quarter last year, which indicates a positive year over year growth rate of 56.3%. The business is scheduled to announce its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that EPR Properties will report full-year earnings of $4.53 per share for the current financial year, with EPS estimates ranging from $4.42 to $4.58. For the next fiscal year, analysts expect that the company will report earnings of $4.78 per share, with EPS estimates ranging from $4.54 to $5.00. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover EPR Properties.

EPR Properties (NYSE:EPR – Get Rating) last posted its quarterly earnings data on Wednesday, May 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.55). EPR Properties had a net margin of 23.80% and a return on equity of 5.23%. The firm had revenue of $157.47 million during the quarter, compared to analysts’ expectations of $145.54 million. During the same quarter last year, the business earned $0.52 earnings per share. The business’s quarterly revenue was up 40.9% on a year-over-year basis.

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of EPR Properties from $56.00 to $56.50 and gave the company a “hold” rating in a research report on Wednesday, February 23rd. Royal Bank of Canada lifted their price objective on shares of EPR Properties from $54.00 to $55.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 15th. StockNews.com raised EPR Properties from a “hold” rating to a “buy” rating in a report on Friday. Zacks Investment Research downgraded EPR Properties from a “buy” rating to a “hold” rating in a report on Tuesday, May 17th. Finally, Raymond James raised their target price on EPR Properties from $62.00 to $64.00 and gave the company a “strong-buy” rating in a report on Friday, March 11th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $57.90.

NYSE:EPR opened at $50.77 on Thursday. The firm’s fifty day moving average price is $52.53 and its 200 day moving average price is $49.36. EPR Properties has a 1-year low of $41.14 and a 1-year high of $56.38. The company has a debt-to-equity ratio of 1.08, a current ratio of 8.14 and a quick ratio of 8.14. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 33.62, a price-to-earnings-growth ratio of 0.92 and a beta of 1.60.

The company also recently declared a monthly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st will be paid a dividend of $0.275 per share. This represents a $3.30 annualized dividend and a dividend yield of 6.50%. The ex-dividend date of this dividend is Friday, May 27th. EPR Properties’s dividend payout ratio (DPR) is presently 218.54%.

In related news, CAO Tonya L. Mater sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 2nd. The shares were sold at an average price of $50.08, for a total value of $250,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mark Alan Peterson sold 4,543 shares of the business’s stock in a transaction dated Tuesday, March 29th. The shares were sold at an average price of $55.02, for a total transaction of $249,955.86. The disclosure for this sale can be found here. Insiders own 1.78% of the company’s stock.

A number of hedge funds have recently made changes to their positions in EPR. FMR LLC raised its stake in EPR Properties by 56.1% in the 1st quarter. FMR LLC now owns 525,303 shares of the real estate investment trust’s stock valued at $40,396,000 after purchasing an additional 188,800 shares during the last quarter. Amundi Pioneer Asset Management Inc. raised its stake in EPR Properties by 3.1% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 42,672 shares of the real estate investment trust’s stock valued at $3,281,000 after purchasing an additional 1,292 shares during the last quarter. Teacher Retirement System of Texas raised its stake in EPR Properties by 19.2% in the 3rd quarter. Teacher Retirement System of Texas now owns 12,045 shares of the real estate investment trust’s stock valued at $595,000 after purchasing an additional 1,939 shares during the last quarter. AlphaCrest Capital Management LLC raised its stake in EPR Properties by 31.5% in the 3rd quarter. AlphaCrest Capital Management LLC now owns 9,805 shares of the real estate investment trust’s stock valued at $484,000 after purchasing an additional 2,347 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in EPR Properties by 9.6% in the 3rd quarter. Goldman Sachs Group Inc. now owns 212,036 shares of the real estate investment trust’s stock valued at $10,470,000 after purchasing an additional 18,539 shares during the last quarter. 78.44% of the stock is owned by hedge funds and other institutional investors.

About EPR Properties (Get Rating)

EPR Properties is a leading 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 which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.

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