EPR Properties (EPR) Could Be 4% Undervalued On Mixed Quarterly Results

Why EPR Properties Stock Just Drew Investor Attention

EPR Properties (EPR) recently reported second quarter 2026 results, with higher sales and revenue compared with a year earlier, while net income and earnings per share declined and full year earnings guidance was maintained.

See our latest analysis for EPR Properties.

Despite the immediate share price reaction, with a 1 day share price return that declined 2.89%, EPR Properties has posted an 18.99% year to date share price return and a 22.15% 1 year total shareholder return, which points to momentum that has been building over time.

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The latest move in EPR Properties comes after revenue growth, softer net income and unchanged earnings guidance. Is the price now tracking business fundamentals, or are you mostly seeing a shift in sentiment that valuation needs to test next?

Most Popular Narrative: 4.2% Undervalued

The most followed valuation narrative for EPR Properties places fair value at $63.05, slightly above the last close of $60.40. This frames the stock as modestly discounted based on its modeled cash flows and risk profile.

The analysts have a consensus price target of $63.05 for EPR Properties based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $70.5, and the most bearish reporting a price target of just $58.0.

Read the complete narrative.

Want to see what sits underneath that fair value label? The narrative leans on steady revenue expansion, firmer margins, and a higher future earnings multiple, all discounted at a specific required return. Curious how those ingredients combine to justify a price only slightly above where EPR Properties trades today.

Result: Fair Value of $63.05 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, the EPR Properties story can change quickly if theater and experiential tenants struggle, or if required funding costs rise and squeeze returns on new projects.

Find out about the key risks to this EPR Properties narrative.

Another View On EPR Properties Valuation

The analyst narrative sees EPR Properties as only modestly undervalued, yet the current P/E of 19.4x tells a different story. It sits above a 16.9x peer average, but well below the 25.9x industry average and a 35.8x fair ratio. That gap could signal upside or just extra risk. Which do you think it is?

See what the numbers say about this price — find out in our valuation breakdown.

Next Steps

With EPR Properties sitting between mixed earnings trends and differing valuation angles, sentiment is clearly split. Consider reviewing the data yourself. A useful starting point is to weigh both sides of the story by checking the 3 key rewards and 2 important warning signs

Looking for more investment ideas beyond EPR Properties?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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