Truist Lifts EPR Properties Target to $62 on Six Flags Parks Acquisition
Truist raised its price target on EPR Properties to $62 from $60 after Q4 results and the announced acquisition of several regional parks from Six Flags, citing increased investment expectations. EPR Properties delivered 5.1% FFO and 6.2% AFFO growth in 2025 and plans capital recycling and experiential investments in 2026.
1. Analyst Price Target Increase
On March 6, Truist raised its price target on EPR Properties to $62 from $60 while maintaining a Hold rating, citing increased FFO estimates after Q4 results and the planned acquisition of regional parks from Six Flags as a driver for higher investment volume.
2. 2025 Financial Performance
EPR Properties delivered adjusted FFO per share growth of 5.1% and AFFO per share growth of 6.2% for the full year, reflecting steady execution across its experiential and education property segments.
3. Six Flags Parks Acquisition
The acquisition of several regional parks from Six Flags expands EPR’s attractions portfolio alongside new investments in championship golf courses and a major water park, broadening exposure in the experiential real estate sector.
4. 2026 Outlook and Capital Recycling
CEO Gregory Silvers outlined plans to deepen industry relationships and boost investment activity in 2026, using targeted asset sales to improve portfolio quality and redeploy capital into higher-return experiential assets.