EPR Properties (NYSE:EPR) Updates FY 2024 Earnings Guidance

EPR Properties (NYSE:EPR) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.800-4.920 for the period, compared to the consensus estimate of 4.860. The company issued revenue guidance of -. EPR Properties also updated its FY24 guidance to $4.80-$4.92 EPS.

EPR Properties Stock Down 1.2 %

Shares of NYSE:EPR traded down $0.53 during trading on Friday, reaching $44.84. 474,020 shares of the stock traded hands, compared to its average volume of 587,976. The stock has a market cap of $3.40 billion, a P/E ratio of 19.41 and a beta of 1.75. The company has a debt-to-equity ratio of 1.16, a quick ratio of 11.12 and a current ratio of 11.12. EPR Properties has a 52-week low of $39.65 and a 52-week high of $50.26. The stock has a 50-day moving average of $47.91 and a two-hundred day moving average of $44.26.

EPR Properties Dividend Announcement

The company also recently announced a oct 24 dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.285 dividend. This represents a yield of 6.9%. The ex-dividend date is Thursday, October 31st. EPR Properties’s dividend payout ratio is currently 148.05%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Raymond James raised shares of EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price objective for the company in a research note on Wednesday, August 21st. JPMorgan Chase & Co. boosted their target price on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, September 9th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $47.00 price target (up previously from $45.00) on shares of EPR Properties in a research note on Tuesday, October 1st. Truist Financial boosted their price objective on shares of EPR Properties from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 16th. Finally, Stifel Nicolaus lifted their price target on shares of EPR Properties from $42.50 to $47.50 and gave the company a “hold” rating in a research note on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $48.31.

Insider Activity

In related news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the transaction, the senior vice president now directly owns 5,780 shares of the company’s stock, valued at $253,279.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the completion of the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Tonya L. Mater sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total value of $46,000.00. Following the completion of the sale, the chief accounting officer now directly owns 42,710 shares in the company, valued at approximately $1,964,660. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.13% of the company’s stock.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.