EPR Properties (EPR) was Initiated by FBR & Co. to “Mkt Perform” and the brokerage firm has set the Price Target at $80. FBR & Co. advised their investors in a research report released on Oct 12, 2016.
Many Wall Street Analysts have commented on EPR Properties. Company shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Outperform”, Firm has raised the Price Target to $ 88 from a previous price target of $70 .EPR Properties was Upgraded by KeyBanc Capital Mkts to ” Overweight” on Jul 15, 2016.
On the company’s financial health, EPR Properties reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $1.16. The company had revenue of $118.00 million for the quarter, compared to analysts expectations of $118.55 million. The company’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
EPR Properties closed down -0.71 points or -0.95% at $73.84 with 3,89,933 shares getting traded on Tuesday. Post opening the session at $74.48, the shares hit an intraday low of $73.54 and an intraday high of $74.77 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
In a different news, on May 10, 2016, Tonya L. Mater (VP & Chief Accounting Officer) sold 2,509 shares at $70.49 per share price. According to the SEC, on May 4, 2016, Thomas B. Iii Wright (SVP of HR & Administration) sold 582 shares at $66.76 per share price. On Mar 18, 2016, Morgan G Ii Earnest (Sr. Vice President and CIO) sold 5,000 shares at $64.30 per share price, according to the Form-4 filing with the securities and exchange commission.
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Companys investment portfolio includes entertainment education and recreation properties. The Companys properties are located in 37 states the District of Columbia and in the Canadian province of Ontario. The Company operates in four segments: Entertainment which includes megaplex theatres entertainment retail centers (centers anchored by an entertainment component such as a megaplex theatre or live performance venue and containing other entertainment-related or retail properties) family entertainment centers and other retail parcels; Education which consists of investments in public charter schools early education centers and K-12 private schools; Recreation which includes metro ski parks water-parks and golf entertainment complexes and Other properties which consists of Adelaar casino and resort project in Sullivan County New York.