EPR Properties

EPR · NYSE

$55.37+$1.09 (+2.01%)TodayMarket closed · Oct 20, 7:50 PM ET

Prev close $54.28

EPR analyst rating

BuyConsensus of 10 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy5
Hold5
Underperform0
Sell0

12-month price target · 13 analysts

Average $65.60 (+18.5% upside)

Low: $58.58
Now: $55.37
High: $74.03

Upgrades and downgrades

The latest rating actions, newest first

EPR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Oct 19, 2026	Maintains	Equal-Weight	$61.00 → $56.00	48%
JP Morgan	Sep 9, 2026	Maintains	Overweight	$62.00 → $65.00	58%
Keybanc	Aug 20, 2026	Upgrade	Sector Weight → Overweight	$70.00	29%
RBC Capital	Aug 7, 2026	Maintains	Sector Perform	$61.00 → $64.00	58%
Stifel	Jul 30, 2026	Maintains	Buy	$66.00 → $70.50	54%
Wells Fargo	Jul 15, 2026	Maintains	Equal-Weight	$60.00 → $61.00	51%
Citizens	Jul 2, 2026	Maintains	Market Outperform	$70.00	44%
Citizens	Jun 12, 2026	Upgrade	Market Perform → Market Outperform	$70.00	44%
Truist Securities	Jun 9, 2026	Maintains	Hold	$62.00 → $61.00	45%
Wells Fargo	Jun 1, 2026	Maintains	Equal-Weight	$54.00 → $60.00	51%

The case for and against

Updated Oct 14, 2026

Bull case

EPR Properties is positioned for attractive fundamental growth because it has a roughly $1B investment pipeline, a $100B addressable market, and a differentiated focus on $25M–$100M transactions where competition is limited and spreads are about 100–150 bps. Its revamped balance sheet, 5.1x net debt to EBITDA, $640M revolver availability, $600M delayed draw term loan, and about $150M of annual free cash flow provide ample liquidity and funding through 2027 while supporting continued acquisitions. Tenant headwinds are easing as theaters improve, AMC’s credit was upgraded to B- from CCC+, and Top Golf is executing a better operating strategy, which should lift rent coverage, support AFFO growth, and help the stock’s valuation recover.

Bear case

EPR Properties is vulnerable to sluggish economic growth, because weaker theater and experiential-property fundamentals could pressure tenants’ ability to pay rent and undermine the company’s cash flow. Rising interest rates also create a dual threat by reducing real estate valuations and lifting borrowing costs, which could weigh on funds from operations and AFFO, while lower-than-expected investment activity would further limit growth. With exposure concentrated in experiential real estate and theater-related rents, a softer box office and weaker content would particularly strain revenue, making the stock sensitive to macro weakness, capital access, and development cost inflation.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.