EPR Properties (NYSE:EPR) Given New $56.00 Price Target at Wells Fargo & Company

EPR Properties (NYSE:EPR) had its price objective cut by equities researchers at Wells Fargo & Company from $61.00 to $56.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 3.51% from the stock’s previous close.

A number of other research firms have also recently issued reports on EPR. Royal Bank Of Canada upped their price objective on shares of EPR Properties from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. UBS Group set a $70.00 target price on shares of EPR Properties in a research note on Thursday, July 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EPR Properties in a research note on Wednesday, August 19th. Citigroup downgraded shares of EPR Properties from a “market outperform” rating to a “hold” rating in a report on Wednesday, October 14th. Finally, Huntington assumed coverage on EPR Properties in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $65.00 price target for the company. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $65.65.

EPR Properties Price Performance

EPR Properties stock traded down $1.61 during midday trading on Monday, reaching $54.10. The company’s stock had a trading volume of 165,480 shares, compared to its average volume of 789,565. EPR Properties has a 52 week low of $48.10 and a 52 week high of $64.97. The company has a current ratio of 9.51, a quick ratio of 9.51 and a debt-to-equity ratio of 1.43. The business has a 50-day moving average price of $58.20 and a 200-day moving average price of $58.14. The stock has a market cap of $4.14 billion, a PE ratio of 17.40, a price-to-earnings-growth ratio of 2.15 and a beta of 1.03.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.05. EPR Properties had a net margin of 35.45% and a return on equity of 11.34%. The firm had revenue of $196.08 million during the quarter, compared to analysts’ expectations of $158.13 million. During the same quarter in the prior year, the business earned $1.26 earnings per share. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, sell-side analysts predict that EPR Properties will post 5.38 EPS for the current year.

Insider Activity

In related news, SVP Elizabeth Grace sold 4,200 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $60.57, for a total value of $254,394.00. Following the transaction, the senior vice president owned 22,427 shares in the company, valued at $1,358,403.39. The trade was a 15.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $61.79, for a total transaction of $413,498.68. Following the sale, the chief accounting officer directly owned 49,167 shares in the company, valued at $3,038,028.93. This trade represents a 11.98% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On EPR Properties

Institutional investors and hedge funds have recently made changes to their positions in the business. Jackson Square Capital LLC lifted its holdings in EPR Properties by 22.5% during the third quarter. Jackson Square Capital LLC now owns 11,034 shares of the real estate investment trust’s stock worth $619,000 after acquiring an additional 2,025 shares during the period. Robertson Stephens Wealth Management LLC grew its stake in EPR Properties by 5.9% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 4,975 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 275 shares during the period. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of EPR Properties during the 3rd quarter valued at $37,000. WealthPlan Investment Management LLC purchased a new stake in shares of EPR Properties during the 3rd quarter valued at $235,000. Finally, Focus Financial Network Inc. raised its stake in shares of EPR Properties by 4.2% during the 3rd quarter. Focus Financial Network Inc. now owns 44,185 shares of the real estate investment trust’s stock worth $2,480,000 after purchasing an additional 1,791 shares during the period. Institutional investors own 74.66% of the company’s stock.

About EPR Properties

EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential properties. The company owns and leases real estate used for activities and destinations that bring people together, including movie theaters, eat-and-play venues, attractions, cultural institutions, ski resorts, and other entertainment-oriented properties.

EPR generally leases its properties to operators under long-term agreements and seeks to generate rental income from diversified experiential real estate.