Wells Fargo & Company Increases EPR Properties (NYSE:EPR) Price Target to $60.00

EPR Properties (NYSE:EPR) had its price target increased by research analysts at Wells Fargo & Company from $54.00 to $60.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 5.93% from the stock’s current price.

EPR has been the topic of several other research reports. UBS Group boosted their price objective on shares of EPR Properties from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Monday, March 9th. Royal Bank Of Canada lifted their target price on shares of EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Raymond James Financial cut shares of EPR Properties from a “strong-buy” rating to an “outperform” rating and decreased their target price for the stock from $62.00 to $60.00 in a report on Tuesday, March 17th. Truist Financial lifted their target price on shares of EPR Properties from $60.00 to $62.00 and gave the stock a “hold” rating in a report on Friday, March 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, EPR Properties presently has a consensus rating of “Hold” and a consensus price target of $60.64.

EPR Properties Stock Down 0.7%

NYSE:EPR traded down $0.41 during mid-day trading on Monday, hitting $56.64. 129,419 shares of the company’s stock were exchanged, compared to its average volume of 817,213. EPR Properties has a one year low of $48.10 and a one year high of $62.08. The company has a debt-to-equity ratio of 1.27, a current ratio of 7.85 and a quick ratio of 7.85. The business has a fifty day moving average price of $55.07 and a 200 day moving average price of $54.26. The company has a market cap of $4.33 billion, a PE ratio of 17.52, a P/E/G ratio of 2.35 and a beta of 1.03.

EPR Properties (NYSE:EPR) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.74 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.02). EPR Properties had a return on equity of 11.68% and a net margin of 37.50%.The business had revenue of $181.25 million for the quarter, compared to the consensus estimate of $150.02 million. During the same period in the previous year, the firm earned $1.21 EPS. The company’s revenue was up 3.6% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.370-5.530 EPS. Equities analysts predict that EPR Properties will post 5.2 EPS for the current year.

Insider Activity

In other news, SVP Brian Andrew Moriarty sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $56.44, for a total transaction of $282,200.00. Following the completion of the transaction, the senior vice president directly owned 13,704 shares of the company’s stock, valued at $773,453.76. The trade was a 26.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Tonya L. Mater sold 2,600 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $56.50, for a total transaction of $146,900.00. Following the transaction, the chief accounting officer directly owned 55,859 shares of the company’s stock, valued at $3,156,033.50. The trade was a 4.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 19,233 shares of company stock valued at $1,096,826 over the last three months. Insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EPR. Norges Bank purchased a new position in shares of EPR Properties during the fourth quarter valued at approximately $82,823,000. Wasatch Advisors LP purchased a new position in shares of EPR Properties during the first quarter valued at approximately $48,633,000. Northern Trust Corp raised its holdings in shares of EPR Properties by 84.8% during the third quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock valued at $90,746,000 after purchasing an additional 717,734 shares during the last quarter. Freestone Grove Partners LP purchased a new position in shares of EPR Properties during the fourth quarter valued at approximately $30,055,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in EPR Properties during the third quarter valued at approximately $27,895,000. 74.66% of the stock is owned by hedge funds and other institutional investors.

EPR Properties Company Profile

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.