EPR Properties Receives a Buy from Oppenheimer

By Jason Carr

Oppenheimer analyst Jon Braatz assigned a Buy rating to EPR Properties (NYSE: EPR) yesterday and set a price target of $75. The company’s shares closed yesterday at $67.16.

According to TipRanks.com, Braatz is a 5-star analyst with an average return of 19.2% and a 91.7% success rate. Braatz covers the Industrial Goods sector, focusing on stocks such as Global Power Equipment Group Inc, Thermon Group Holdings Inc., and Layne Christensen Company.

EPR Properties has an analyst consensus of Moderate Buy, with a price target consensus of $75.

Based on EPR Properties’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $123 million and quarterly net profit of $57.53 million. In comparison, last year the company earned revenue of $108 million and had a net profit of $50.2 million.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Peter C. Brown, a Director at EPR sold 6,500 shares for a total of $457,145.

EPR Properties is a real estate investment trust. It engages in the development, finance, and leasing of theatres, entertainment retail and family entertainment centers. It operates through the following segments: Entertainment, Education, Recreation, and Other. The Entertainment segment consisted of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels. The Education segment consists entirely of investments in public charter schools. The Recreation segment consists of investments in metro ski parks, water-parks and golf entertainment complexes. The Other segment consists of investments in vineyards and wineries and land held for development. The company was founded by Peter C. Brown on August 29, 1997 and is headquartered in Kansas City, MO.