JMP Securities Reaffirms “Market Perform” Rating for EPR Properties (NYSE:EPR)

JMP Securities reaffirmed their market perform rating on shares of EPR Properties (NYSE:EPR) in a report issued on Tuesday, Benzinga reports.

A number of other equities analysts have also recently commented on the stock. Royal Bank of Canada raised shares of EPR Properties from a sector perform rating to an outperform rating and lifted their price objective for the stock from $48.00 to $50.00 in a research report on Monday, August 5th. StockNews.com cut shares of EPR Properties from a buy rating to a hold rating in a research note on Thursday, August 1st. Truist Financial upped their price target on shares of EPR Properties from $44.00 to $46.00 and gave the company a hold rating in a research note on Friday, August 16th. Stifel Nicolaus raised their price objective on shares of EPR Properties from $42.50 to $47.50 and gave the stock a hold rating in a research report on Thursday, August 1st. Finally, Wells Fargo & Company upped their target price on EPR Properties from $42.00 to $45.00 and gave the company an underweight rating in a research report on Monday, August 26th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of Hold and a consensus target price of $48.06.

EPR Properties Stock Performance

EPR opened at $48.55 on Tuesday. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. EPR Properties has a 12-month low of $39.65 and a 12-month high of $50.26. The business has a 50 day moving average of $46.39 and a 200-day moving average of $43.16. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 23.91 and a beta of 1.75.

EPR Properties Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.285 per share. This represents a $3.42 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s dividend payout ratio is currently 168.47%.

Insiders Place Their Bets

In other news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the completion of the sale, the senior vice president now directly owns 5,780 shares in the company, valued at approximately $253,279.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, CAO Tonya L. Mater sold 1,000 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total transaction of $46,000.00. Following the sale, the chief accounting officer now owns 42,710 shares in the company, valued at approximately $1,964,660. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $43.82, for a total transaction of $25,941.44. Following the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at $253,279.60. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

A number of large investors have recently modified their holdings of EPR. Vermillion & White Wealth Management Group LLC acquired a new stake in EPR Properties in the fourth quarter valued at about $25,000. GAMMA Investing LLC boosted its stake in shares of EPR Properties by 262.2% in the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 430 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of EPR Properties during the 4th quarter valued at approximately $31,000. Mather Group LLC. bought a new stake in shares of EPR Properties during the 1st quarter valued at approximately $36,000. Finally, Abich Financial Wealth Management LLC increased its position in EPR Properties by 53.7% during the 1st quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 315 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified 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 that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.