The stock of EPR Properties (NYSE:EPR) gapped down by $0.05 today and has $71.73 target or 8.00% below today’s $77.97 share price. The 8 months technical chart setup indicates high risk for the $4.98B company. The gap down was reported on Oct, 4 by Barchart.com. If the $71.73 price target is reached, the company will be worth $398.40 million less.
Gaps down are helpful for identifying a resistance level and to could also be used as a tradeable event. If traders are short the stock and it experiece gap down, then its usually advisable to hold the short for a bigger down move. Back-tests of such patterns show that two-thirds of the these patterns the stock performance worsens after the gap. The area gaps close 91% of the time, the breakaway gaps 1%, the continuation gaps 9% and the exhaustion gaps 64%. The stock decreased 0.98% or $0.77 on October 3, hitting $77.97. EPR Properties (NYSE:EPR) has risen 22.61% since March 1, 2016 and is uptrending. It has outperformed by 10.40% the S&P500.
Analysts await EPR Properties (NYSE:EPR) to report earnings on October, 26. They expect $1.20 EPS, up 2.56% or $0.03 from last year’s $1.17 per share. EPR’s profit will be $76.64M for 16.24 P/E if the $1.20 EPS becomes a reality. After $1.17 actual EPS reported by EPR Properties for the previous quarter, Wall Street now forecasts 2.56% EPS growth.
EPR Properties (NYSE:EPR) Ratings Coverage
Out of 4 analysts covering EPR Properties (NYSE:EPR), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. EPR Properties has been the topic of 5 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Ladenburg Thalmann given on Thursday, September 17. As per Friday, July 15, the company rating was upgraded by KeyBanc Capital Markets. FBR Capital maintained the shares of EPR in a report on Thursday, February 25 with “Mkt Perform” rating. Citigroup maintained EPR Properties (NYSE:EPR) on Friday, August 12 with “Neutral” rating.
According to Zacks Investment Research, “EPR Properties is specialty real estate investment trust that invests in three primary segments: Entertainment, Recreation and Education. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. EPR Properties is based in Kansas City, Missouri.”
Insitutional Activity: The institutional sentiment decreased to 1.16 in Q2 2016. Its down 0.13, from 1.29 in 2016Q1. The ratio worsened, as 17 funds sold all EPR Properties shares owned while 100 reduced positions. 44 funds bought stakes while 92 increased positions. They now own 59.82 million shares or 0.19% more from 59.71 million shares in 2016Q1.
Presima Incorporated last reported 76,200 shares in the company. Assetmark Inc owns 182 shares or 0% of their US portfolio. Osterweis Mgmt, a California-based fund reported 1.01 million shares. Babson Cap Mgmt Ltd Liability last reported 0.01% of its portfolio in the stock. Bluecrest Cap Ltd holds 9,339 shares or 0.03% of its portfolio. Boston Private Wealth Lc holds 0.11% of its portfolio in EPR Properties (NYSE:EPR) for 32,028 shares. Fort Washington Investment Advsrs Oh, a Ohio-based fund reported 13,115 shares. Schroder Inv Mngmt Gp has 0.01% invested in the company for 35,560 shares. Independent Port Consultants accumulated 410 shares or 0.01% of the stock. Parametric Assoc accumulated 0.02% or 139,188 shares. Edge Asset Management has 0.49% invested in the company for 681,042 shares. Chase Invest Counsel Corporation reported 3,140 shares or 0.11% of all its holdings. Vanguard Gru holds 0.05% or 9.89 million shares in its portfolio. Hanseatic Management Services has invested 0.01% of its portfolio in EPR Properties (NYSE:EPR). Dynamic Solutions Ltd reported 58,698 shares or 1.92% of all its holdings.
Insider Transactions: Since May 3, 2016, the stock had 0 insider buys, and 2 sales for $215,713 net activity. Wright Thomas B. III had sold 582 shares worth $38,854. Mater Tonya L. sold $176,859 worth of stock.
More notable recent EPR Properties (NYSE:EPR) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Equity Lifestyle Properties, Fifth Third Bancorp and EPR …” on September 26, 2016, also Fool.com with their article: “EPR Properties: A High-Dividend REIT With Lots of Upside Potential” published on December 05, 2015, Thestreet.com published: “Jim Cramer’s Top Takeaways: General Mills, EPR Properties” on August 24, 2016. More interesting news about EPR Properties (NYSE:EPR) were released by: Businesswire.com and their article: “EPR Properties Reports Second Quarter 2016 Results” published on August 03, 2016 as well as Seekingalpha.com‘s news article titled: “EPR Properties: An Overlooked Opportunity With Great Preferred Shares” with publication date: June 21, 2016.
EPR Company Profile
EPR Properties (EPR), incorporated on August 22, 1997, is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company’s properties are located in approximately 40 states, the District of Columbia and in the Canadian province of Ontario. The Firm operates in four divisions: Entertainment, Education, Recreation and Other.
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