EPR Properties (EPR) Updates FY 2018 Earnings Guidance

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EPR Properties (NYSE:EPR) updated its FY 2018 earnings guidance on Monday. The company provided earnings per share guidance of $6.03-6.09 for the period. EPR Properties also updated its FY18 guidance to $6.03-6.09 EPS.

A number of brokerages have recently issued reports on EPR. Zacks Investment Research raised shares of EPR Properties from a hold rating to a buy rating and set a $76.00 price objective for the company in a research note on Wednesday, October 3rd. ValuEngine raised shares of EPR Properties from a sell rating to a hold rating in a research note on Tuesday, October 2nd. Stifel Nicolaus upped their price objective on shares of EPR Properties from $68.00 to $70.00 and gave the company a hold rating in a research note on Tuesday, September 18th. Bank of America upped their price objective on shares of EPR Properties from $65.50 to $67.50 and gave the company a neutral rating in a research note on Monday, September 10th. Finally, Royal Bank of Canada reiterated a buy rating and set a $71.00 price target on shares of EPR Properties in a report on Wednesday, August 15th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $69.81.

NYSE:EPR traded up $1.88 during midday trading on Tuesday, reaching $69.94. 260,919 shares of the stock traded hands, compared to its average volume of 476,973. EPR Properties has a 12 month low of $51.87 and a 12 month high of $71.00. The company has a quick ratio of 6.16, a current ratio of 6.16 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $4.98 billion, a P/E ratio of 13.93, a P/E/G ratio of 4.56 and a beta of 0.51.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Monday, October 29th. The real estate investment trust reported $1.07 EPS for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.18. EPR Properties had a net margin of 38.00% and a return on equity of 8.63%. The company had revenue of $176.40 million during the quarter, compared to analyst estimates of $157.09 million. During the same period in the prior year, the business posted $1.22 EPS. The firm’s revenue was up 16.5% compared to the same quarter last year. As a group, analysts anticipate that EPR Properties will post 6.04 EPS for the current year.

The company also recently declared a oct 18 dividend, which will be paid on Thursday, November 15th. Investors of record on Wednesday, October 31st will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, October 30th. This represents a yield of 6.36%. EPR Properties’s dividend payout ratio is currently 86.06%.

In related news, SVP Michael L. Hirons sold 7,000 shares of the company’s stock in a transaction on Friday, August 17th. The shares were sold at an average price of $69.97, for a total transaction of $489,790.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.36% of the company’s stock.

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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