Last Updated: 11 Nov 2024
Executive Summary
EPR Properties (EPR) is a leading experiential net lease REIT specializing in entertainment, recreation, and education properties. The company's recent financial performance has been strong, with revenue and EBITDA growth. The stock price is currently trading at $45.29, below its 52-week high of $49.67. Analysts are generally positive on EPR, with 5 Buy ratings and 2 Hold ratings. The target price is $49, implying a potential upside of 8.4%.
Company Overview
EPR Properties is a leading experiential net lease REIT with a portfolio of over 350 properties in the United States, Canada, and Europe. The company's properties are leased to a diverse group of tenants, including movie theaters, fitness centers, and waterparks. EPR has a long history of dividend payments, with a current yield of 7.55%.
Fundamental Analysis
EPR's financial performance has been strong in recent quarters. Revenue increased by 5.4% in the most recent quarter, and EBITDA increased by 19.7%. The company's profit margin and return on assets are both above industry averages. EPR has a strong balance sheet with low debt levels and ample liquidity.
Technical Analysis
EPR's stock price has been trading in a range between $37.91 and $49.67 over the past 52 weeks. The stock is currently trading below its 50-day and 200-day moving averages. The relative strength index (RSI) is at 45.6, indicating that the stock is neither overbought nor oversold.
Short Term Outlook
In the short term, EPR's stock price is likely to trade sideways. The company's financial performance is strong, but the stock is trading at a premium to its peers. A breakout above $49.67 could lead to a rally towards the analyst target price of $49.
Long Term Outlook
In the long term, EPR's stock price is likely to continue to grow. The company has a strong portfolio of properties and a long history of dividend payments. The experiential real estate sector is expected to continue to grow in the coming years, which should benefit EPR.
Analyst Recommendations
The majority of analysts are positive on EPR Properties. Five analysts have Buy ratings, and three have Hold ratings. The average target price is $49, implying a potential upside of 8.4%.
