StockNews.com Begins Coverage on EPR Properties (NYSE:EPR)

StockNews.com assumed coverage on shares of EPR Properties (NYSE:EPR – Get Rating) in a report released on Thursday. The brokerage issued a hold rating on the real estate investment trust’s stock.

Several other research firms also recently commented on EPR. Truist Financial cut their price objective on EPR Properties from $57.00 to $45.00 in a report on Friday, December 16th. Raymond James cut their price target on EPR Properties from $48.00 to $45.00 and set a strong-buy rating for the company in a report on Monday, January 9th. Finally, JPMorgan Chase & Co. raised EPR Properties from an underweight rating to a neutral rating and set a $52.00 price target for the company in a report on Friday, December 16th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average price target of $50.33.

EPR Properties Trading Down 4.0 %

NYSE EPR opened at $35.71 on Thursday. The company has a market cap of $2.69 billion, a PE ratio of 17.68, a PEG ratio of 0.89 and a beta of 1.68. The company has a current ratio of 7.76, a quick ratio of 7.76 and a debt-to-equity ratio of 1.11. EPR Properties has a 12 month low of $34.58 and a 12 month high of $56.38. The stock has a 50 day moving average of $40.86 and a 200-day moving average of $39.85.

EPR Properties Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, April 17th. Shareholders of record on Friday, March 31st will be given a dividend of $0.275 per share. This represents a $3.30 annualized dividend and a yield of 9.24%. The ex-dividend date is Thursday, March 30th. EPR Properties’s payout ratio is 163.37%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Accurate Wealth Management LLC bought a new position in EPR Properties during the 4th quarter worth $25,000. Lazard Asset Management LLC bought a new position in EPR Properties during the 1st quarter worth $28,000. EverSource Wealth Advisors LLC bought a new position in EPR Properties during the 4th quarter worth $33,000. Raleigh Capital Management Inc. increased its position in shares of EPR Properties by 104.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 928 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 473 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of EPR Properties in the third quarter worth $43,000. Institutional investors own 77.57% of the company’s stock.

About EPR Properties

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EPR Properties operates as a real estate investment trust. The firm engages in the development, finance and leasing of theaters, entertainment retail and family entertainment centers. It operates through the following segments: Experiential, Education, and Corporate/Unallocated. The Experiential segment includes investments in megaplex theaters, entertainment retail centers, family entertainment centers and other retail parcels.