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

Wall Street analysts predict that EPR Properties (NYSE:EPR) will post $141.48 million in sales for the current fiscal quarter, according to Zacks. Four analysts have made estimates for EPR Properties’ earnings. The highest sales estimate is $156.03 million and the lowest is $107.00 million. EPR Properties posted sales of $157.33 million in the same quarter last year, which would indicate a negative year over year growth rate of 10.1%. The firm is scheduled to announce its next 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 year, with estimates ranging from $494.65 million to $625.87 million. For the next year, analysts forecast that the company will post sales of $599.59 million, with estimates ranging from $534.05 million to $705.43 million. Zacks’ sales averages are a mean average based on a survey of analysts that that provide coverage for EPR Properties.

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

A number of analysts recently commented on the stock. SunTrust Banks lowered their target price on shares of EPR Properties from $60.00 to $43.00 and set a “buy” rating for the company in a research note on Friday, April 17th. ValuEngine upgraded shares of EPR Properties from a “strong sell” rating to a “sell” rating in a research note on Friday, May 1st. Citigroup cut shares of EPR Properties from a “neutral” rating to a “sell” rating in a research note on Tuesday, April 7th. Zacks Investment Research cut shares of EPR Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, March 18th. Finally, Raymond James decreased 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 note on Friday, April 17th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $55.43.

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

The company also recently announced a monthly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were issued a dividend of $0.382 per share. This represents a $4.58 annualized dividend and a dividend yield of 15.21%. The ex-dividend date was Wednesday, April 29th. EPR Properties’s dividend payout ratio (DPR) is 84.38%.

Several large investors have recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of EPR Properties by 2.2% during the 4th quarter. Principal Financial Group Inc. now owns 5,306,579 shares of the real estate investment trust’s stock valued at $374,858,000 after purchasing an additional 112,329 shares in the last quarter. State Street Corp increased its holdings in shares of EPR Properties by 4.8% during the 1st quarter. State Street Corp now owns 3,089,851 shares of the real estate investment trust’s stock valued at $75,965,000 after purchasing an additional 141,558 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of EPR Properties by 58.6% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,861,783 shares of the real estate investment trust’s stock valued at $69,312,000 after purchasing an additional 1,057,661 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of EPR Properties by 0.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,062,304 shares of the real estate investment trust’s stock valued at $25,729,000 after purchasing an additional 5,980 shares in the last quarter. Finally, Prudential Financial Inc. increased its holdings in shares of EPR Properties by 138.7% during the 4th quarter. Prudential Financial Inc. now owns 1,055,423 shares of the real estate investment trust’s stock valued at $74,556,000 after purchasing an additional 613,210 shares in the last quarter. 80.48% of the stock is owned by hedge funds and other institutional investors.

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

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