EPR Properties (NYSE:EPR) Expected to Post Quarterly Sales of $141.48 Million

Equities research analysts predict that EPR Properties (NYSE:EPR) will report $141.48 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for EPR Properties’ earnings. The lowest sales estimate is $107.00 million and the highest is $156.03 million. EPR Properties reported sales of $157.33 million in the same quarter last year, which indicates a negative year over year growth rate of 10.1%. The company is expected to issue its next quarterly earnings report on Wednesday, July 29th.

According to Zacks, analysts expect that EPR Properties will report full year sales of $582.17 million for the current fiscal year, with estimates ranging from $494.65 million to $625.87 million. For the next financial year, analysts expect that the firm will report sales of $599.59 million, with estimates ranging from $534.05 million to $705.43 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover EPR Properties.

EPR Properties (NYSE:EPR) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.15 by ($0.75). EPR Properties had a net margin of 25.52% and a return on equity of 6.27%. The company had revenue of $151.01 million for the quarter, compared to analysts’ expectations of $153.43 million. During the same quarter in the prior year, the firm earned $1.36 EPS. EPR Properties’s quarterly revenue was up .3% compared to the same quarter last year.

Several equities analysts recently issued reports on EPR shares. ValuEngine upgraded shares of EPR Properties from a “strong sell” rating to a “sell” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. cut shares of EPR Properties from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $53.00 to $30.00 in a research report on Wednesday, April 22nd. Stifel Nicolaus reduced their price target on shares of EPR Properties from $55.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. SunTrust Banks dropped their price objective on shares of EPR Properties from $60.00 to $43.00 and set a “buy” rating on the stock in a research note on Friday, April 17th. Finally, Citigroup lowered shares of EPR Properties from a “neutral” rating to a “sell” rating in a research note on Tuesday, April 7th. Four analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $55.43.

Shares of NYSE EPR traded up $0.86 during midday trading on Monday, hitting $30.14. 1,497,378 shares of the company traded hands, compared to its average volume of 2,223,902. EPR Properties has a 12-month low of $12.56 and a 12-month high of $80.75. The company has a debt-to-equity ratio of 1.31, a quick ratio of 14.79 and a current ratio of 14.79. The stock has a 50-day moving average price of $24.93 and a 200 day moving average price of $53.98. The firm has a market cap of $2.27 billion, a P/E ratio of 15.54 and a beta of 1.50.

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid a dividend of $0.382 per share. This represents a $4.58 annualized dividend and a yield of 15.21%. The ex-dividend date of this dividend was Wednesday, April 29th. EPR Properties’s payout ratio is currently 84.38%.

Several hedge funds and other institutional investors have recently modified their holdings of EPR. FMR LLC lifted its stake in shares of EPR Properties by 56.1% in the first quarter. FMR LLC now owns 525,303 shares of the real estate investment trust’s stock worth $40,396,000 after buying an additional 188,800 shares in the last quarter. Amundi Pioneer Asset Management Inc. lifted its stake in shares of EPR Properties by 3.1% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 42,672 shares of the real estate investment trust’s stock worth $3,281,000 after buying an additional 1,292 shares in the last quarter. AE Wealth Management LLC lifted its stake in shares of EPR Properties by 16.7% in the fourth quarter. AE Wealth Management LLC now owns 10,127 shares of the real estate investment trust’s stock worth $715,000 after buying an additional 1,446 shares in the last quarter. Wedbush Securities Inc. lifted its stake in shares of EPR Properties by 21.4% in the fourth quarter. Wedbush Securities Inc. now owns 3,163 shares of the real estate investment trust’s stock worth $223,000 after buying an additional 558 shares in the last quarter. Finally, Louisiana State Employees Retirement System lifted its stake in shares of EPR Properties by 2.2% in the fourth quarter. Louisiana State Employees Retirement System now owns 19,000 shares of the real estate investment trust’s stock worth $1,342,000 after buying an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 80.48% of the company’s stock.

About EPR Properties

EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $6.7 billion and our primary investment segments are Entertainment, Recreation and Education.

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