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

EPR Properties (NYSE:EPR) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.800-4.920 for the period, compared to the consensus earnings per share 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 Trading Up 1.5 %

Shares of EPR traded up $0.70 during trading hours on Wednesday, reaching $47.54. The stock had a trading volume of 427,446 shares, compared to its average volume of 587,904. The company has a market cap of $3.60 billion, a P/E ratio of 23.42 and a beta of 1.75. EPR Properties has a 52 week low of $39.65 and a 52 week high of $50.26. The company has a quick ratio of 11.12, a current ratio of 11.12 and a debt-to-equity ratio of 1.16. The firm has a 50-day moving average of $47.96 and a 200 day moving average of $44.20.

EPR Properties Announces Dividend

The firm also recently declared a oct 24 dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a $0.285 dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 6.9%. EPR Properties’s dividend payout ratio (DPR) is currently 168.47%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EPR. Raymond James upgraded EPR Properties from an “outperform” rating to a “strong-buy” rating and set a $54.00 price objective for the company in a research report on Wednesday, August 21st. JMP Securities restated a “market perform” rating on shares of EPR Properties in a report on Tuesday, September 24th. StockNews.com cut EPR Properties from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Company reaffirmed an “underweight” rating and set a $47.00 price objective (up from $45.00) on shares of EPR Properties in a research report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. lifted their target price on EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $48.28.

Insider Buying and Selling

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

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.