Zacks: Brokerages Expect EPR Properties (NYSE:EPR) Will Announce Earnings of $0.78 Per Share

Analysts predict that EPR Properties (NYSE:EPR) will announce earnings of $0.78 per share for the current quarter, according to Zacks. Four analysts have made estimates for EPR Properties’ earnings, with estimates ranging from ($0.66) to $1.33. EPR Properties reported earnings of $1.36 per share during the same quarter last year, which would indicate a negative year over year growth rate of 42.6%. The business is scheduled to report its next earnings results on Wednesday, July 29th.

On average, analysts expect that EPR Properties will report full-year earnings of $3.93 per share for the current fiscal year, with EPS estimates ranging from ($0.10) to $5.35. For the next financial year, analysts expect that the business will post earnings of $4.42 per share, with EPS estimates ranging from $1.65 to $5.86. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover EPR Properties.

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

Several research firms recently issued reports on EPR. 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 cut their price objective for the stock from $53.00 to $30.00 in a research report on Wednesday, April 22nd. Zacks Investment Research cut shares of EPR Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, March 18th. Raymond James cut their price objective on shares of EPR Properties from $84.00 to $35.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Finally, SunTrust Banks cut their price objective on shares of EPR Properties from $60.00 to $43.00 and set a “buy” rating for the company in a research report on Friday, April 17th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. EPR Properties has a consensus rating of “Hold” and a consensus price target of $55.43.

A number of hedge funds have recently made changes to their positions in the business. Pensionfund Sabic boosted its stake in shares of EPR Properties by 21.2% in the first quarter. Pensionfund Sabic now owns 20,600 shares of the real estate investment trust’s stock valued at $499,000 after purchasing an additional 3,600 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of EPR Properties by 19.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 14,196 shares of the real estate investment trust’s stock valued at $1,003,000 after purchasing an additional 2,324 shares during the period. Hallmark Capital Management Inc. purchased a new position in shares of EPR Properties in the fourth quarter valued at approximately $2,476,000. Goldman Sachs Group Inc. lifted its stake in EPR Properties by 13.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 608,632 shares of the real estate investment trust’s stock worth $42,994,000 after acquiring an additional 70,402 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. lifted its stake in EPR Properties by 45.5% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 102,001 shares of the real estate investment trust’s stock worth $7,206,000 after acquiring an additional 31,916 shares during the last quarter. 80.48% of the stock is owned by institutional investors.

EPR Properties stock traded up $0.86 during midday trading on Friday, hitting $30.14. 1,497,378 shares of the stock were exchanged, compared to its average volume of 2,223,902. EPR Properties has a fifty-two week low of $12.56 and a fifty-two week high of $80.75. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 15.54 and a beta of 1.50. The stock’s 50-day simple moving average is $24.93 and its 200 day simple moving average is $53.98. The company has a current ratio of 14.79, a quick ratio of 14.79 and a debt-to-equity ratio of 1.31.

The business also recently announced a monthly dividend, which was paid on Friday, May 15th. Shareholders 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 was Wednesday, April 29th. EPR Properties’s dividend payout ratio (DPR) is presently 84.38%.

EPR Properties Company Profile

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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Earnings History and Estimates for EPR Properties (NYSE:EPR)

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