EPR Properties (NYSE:EPR) Releases Earnings Results, Misses Expectations By $0.52 EPS

EPR Properties (NYSE:EPR) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.52), Fidelity Earnings reports. EPR Properties had a return on equity of 10.81% and a net margin of 43.47%. The business had revenue of $175.70 million for the quarter, compared to the consensus estimate of $168.46 million. During the same period in the prior year, the business posted $1.87 earnings per share. EPR Properties’s revenue was down 13.4% on a year-over-year basis. EPR Properties updated its FY 2019 guidance to $5.32-5.48 EPS and its FY19 guidance to $5.32-5.48 EPS.

EPR traded up $0.17 during trading on Friday, hitting $74.41. 240,222 shares of the stock were exchanged, compared to its average volume of 428,889. The stock has a 50 day moving average price of $75.77. The firm has a market capitalization of $5.71 billion, a price-to-earnings ratio of 12.20, a price-to-earnings-growth ratio of 4.34 and a beta of 0.58. EPR Properties has a 1 year low of $62.75 and a 1 year high of $80.75. The company has a debt-to-equity ratio of 1.05, a quick ratio of 5.61 and a current ratio of 5.61.

The company also recently disclosed a jul 19 dividend, which will be paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st will be issued a dividend of $0.375 per share. The ex-dividend date is Tuesday, July 30th. EPR Properties’s payout ratio is currently 73.77%.

EPR has been the subject of a number of research analyst reports. Bank of America lowered EPR Properties from a “neutral” rating to an “underperform” rating and set a $80.00 price target for the company. in a research note on Tuesday, June 11th. ValuEngine lowered EPR Properties from a “buy” rating to a “hold” rating in a research note on Thursday. Royal Bank of Canada raised their price target on EPR Properties to $83.00 in a research note on Tuesday, May 28th. Raymond James set a $84.00 price target on EPR Properties and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Finally, Stifel Nicolaus raised their price objective on EPR Properties from $76.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. EPR Properties presently has a consensus rating of “Hold” and a consensus target price of $78.83.

In other news, SVP Craig L. Evans sold 5,000 shares of EPR Properties stock in a transaction on Monday, May 20th. The stock was sold at an average price of $76.57, for a total value of $382,850.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $77.87, for a total value of $77,870.00. Following the completion of the transaction, the vice president now owns 31,262 shares in the company, valued at $2,434,371.94. The disclosure for this sale can be found here. Insiders have sold a total of 10,459 shares of company stock worth $811,760 over the last 90 days. 1.34% of the stock is currently owned by company insiders.

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 for EPR Properties (NYSE:EPR)

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