EPR Properties (NYSE:EPR) Updates FY 2024 Earnings Guidance

EPR Properties (NYSE:EPR) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.800-4.920 for the period, compared to the consensus estimate of 4.860. The company issued revenue guidance of -. EPR Properties also updated its FY24 guidance to $4.80-$4.92 EPS.

EPR Properties Stock Performance

EPR stock traded up $0.70 during midday trading on Wednesday, hitting $47.54. The stock had a trading volume of 427,446 shares, compared to its average volume of 587,904. EPR Properties has a 52 week low of $39.65 and a 52 week high of $50.26. The company has a current ratio of 11.12, a quick ratio of 11.12 and a debt-to-equity ratio of 1.16. The stock has a 50-day simple moving average of $47.96 and a 200 day simple moving average of $44.20. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 23.42 and a beta of 1.75.

EPR Properties Dividend Announcement

The firm also recently announced a oct 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.285 per share. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 6.9%. EPR Properties’s dividend payout ratio (DPR) is currently 168.47%.

Wall Street Analyst Weigh In

A number of research analysts have commented on EPR shares. StockNews.com cut shares of EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. JPMorgan Chase & Co. upped their target price on shares of EPR Properties from $48.00 to $51.00 and gave the stock an “overweight” rating in a report on Monday, September 9th. JMP Securities restated a “market perform” rating on shares of EPR Properties in a research report on Tuesday, September 24th. Stifel Nicolaus lifted their target price on shares of EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research note on Thursday, August 1st. Finally, Truist Financial lifted their price objective on EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 16th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, EPR Properties has a consensus rating of “Hold” and a consensus target price of $48.28.

Insider Transactions at EPR Properties

In related news, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $46.00, for a total value of $46,000.00. Following the completion of the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at $1,964,660. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $46,000.00. Following the transaction, the chief accounting officer now directly owns 42,710 shares in the company, valued at $1,964,660. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction 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 sale, the senior vice president now owns 5,780 shares of the company’s stock, valued at $253,279.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by corporate insiders.

EPR Properties Company Profile

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.