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

JMP Securities reiterated their market perform rating on shares of EPR Properties (NYSE:EPR) in a research report released on Tuesday morning, Benzinga reports.

EPR has been the subject of several other reports. JPMorgan Chase & Co. upped their target price on EPR Properties from $48.00 to $51.00 and gave the company an overweight rating in a report on Monday, September 9th. Truist Financial upped their target price on EPR Properties from $44.00 to $46.00 and gave the company a hold rating in a report on Friday, August 16th. Stifel Nicolaus upped their target price on EPR Properties from $42.50 to $47.50 and gave the company a hold rating in a report on Thursday, August 1st. StockNews.com downgraded EPR Properties from a buy rating to a hold rating in a report on Thursday, August 1st. Finally, Raymond James raised EPR Properties from an outperform rating to a strong-buy rating and set a $54.00 price objective for the company in a research note on Wednesday, August 21st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, EPR Properties currently has an average rating of Hold and a consensus target price of $48.06.

EPR Properties Trading Down 1.1 %

Shares of EPR Properties stock opened at $48.64 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. The firm has a market cap of $3.68 billion, a price-to-earnings ratio of 23.96 and a beta of 1.75. The business has a fifty day simple moving average of $46.29 and a 200-day simple moving average of $43.12. EPR Properties has a fifty-two week low of $39.65 and a fifty-two week high of $50.26.

EPR Properties Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.285 dividend. This represents a $3.42 annualized dividend and a yield of 7.03%. The ex-dividend date of this dividend is Monday, September 30th. EPR Properties’s payout ratio is currently 168.47%.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EPR. Point72 Asia Singapore Pte. Ltd. bought a new position in EPR Properties in the 2nd quarter worth approximately $56,000. Sanctuary Advisors LLC bought a new position in EPR Properties in the 2nd quarter worth approximately $448,000. Creative Planning increased its position in EPR Properties by 20.1% in the 2nd quarter. Creative Planning now owns 16,353 shares of the real estate investment trust’s stock worth $686,000 after buying an additional 2,733 shares during the period. Algert Global LLC increased its position in EPR Properties by 369.7% in the 2nd quarter. Algert Global LLC now owns 88,646 shares of the real estate investment trust’s stock worth $3,721,000 after buying an additional 69,774 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. increased its position in EPR Properties by 34.9% in the 2nd quarter. Liberty Mutual Group Asset Management Inc. now owns 65,327 shares of the real estate investment trust’s stock worth $2,742,000 after buying an additional 16,897 shares during the period. Institutional investors and hedge funds own 74.66% of the company’s stock.

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.