Truist Financial Has Lowered Expectations for EPR Properties (NYSE:EPR) Stock Price

EPR Properties (NYSE:EPR) had its price target dropped by Truist Financial from $62.00 to $61.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “hold” rating on the real estate investment trust’s stock. Truist Financial’s price target indicates a potential upside of 3.56% from the stock’s current price.

Several other research firms have also commented on EPR. Weiss Ratings reissued a “buy (b)” rating on shares of EPR Properties in a report on Friday, May 22nd. Stifel Nicolaus set a $65.50 price objective on EPR Properties in a research report on Thursday, March 5th. Wells Fargo & Company raised their target price on EPR Properties from $54.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Royal Bank Of Canada boosted their target price on EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 26th. Finally, Raymond James Financial lowered shares of EPR Properties from a “strong-buy” rating to an “outperform” rating and dropped their price target for the company from $62.00 to $60.00 in a research note on Tuesday, March 17th. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $60.50.

EPR Properties Trading Up 2.2%

EPR traded up $1.27 during mid-day trading on Tuesday, hitting $58.91. 74,621 shares of the stock were exchanged, compared to its average volume of 805,278. The firm’s fifty day moving average is $55.81 and its two-hundred day moving average is $54.51. EPR Properties has a 1-year low of $48.10 and a 1-year high of $62.08. The company has a market cap of $4.51 billion, a PE ratio of 18.23, a PEG ratio of 2.37 and a beta of 1.03. The company has a current ratio of 7.85, a quick ratio of 7.85 and a debt-to-equity ratio of 1.27.

EPR Properties (NYSE:EPR) last issued its quarterly earnings results 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 net margin of 37.50% and a return on equity of 11.68%. The business had revenue of $181.25 million during the quarter, compared to analysts’ expectations of $150.02 million. During the same period in the prior year, the business earned $1.21 EPS. The business’s quarterly 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 forecast that EPR Properties will post 5.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other EPR Properties news, SVP Brian Andrew Moriarty sold 5,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $56.44, for a total value of $282,200.00. Following the sale, the senior vice president owned 13,704 shares of the company’s stock, valued at approximately $773,453.76. This represents 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 accessible through the SEC website. Also, CAO Tonya L. Mater sold 2,600 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $56.50, for a total transaction of $146,900.00. Following the completion of the sale, the chief accounting officer directly owned 55,859 shares in the company, valued at approximately $3,156,033.50. The trade was a 4.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 9,600 shares of company stock worth $541,100. Corporate insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On EPR Properties

Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank purchased a new position in shares of EPR Properties during the 4th quarter worth $82,823,000. Wasatch Advisors LP acquired a new position in EPR Properties in the first quarter valued at $48,633,000. Northern Trust Corp lifted its position in 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 worth $90,746,000 after buying an additional 717,734 shares during the period. Freestone Grove Partners LP acquired a new stake in EPR Properties in the 4th quarter worth about $30,055,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of EPR Properties during the 3rd quarter worth about $27,895,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

About EPR Properties

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.