About Education Realty Trust (NYSE:EDR)
Education Realty Trust, Inc. (EdR) is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Trust operates through three segments: collegiate housing leasing, development consulting services and management services. The Trust develops collegiate housing communities for its own account and also provides third-party development consulting services on collegiate housing development projects for universities and other third parties. As of December 31, 2016, the Trust owned 64 collegiate housing communities located in 22 states containing 32,729 beds in 12,294 apartment units on or near 38 university campuses. As of December 31, 2016, the Trust provided third-party management services for 22 collegiate housing communities located in 11 states containing 11,767 beds in 4,214 apartment units on or near 17 university campuses.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Residential REITs
- Sub-Industry: Residential REITs
- Symbol: NYSE:EDR
- CUSIP: 28140H10
- Web: www.edrtrust.com
- Market Cap: $2.66 billion
- Outstanding Shares: 73,194,000
- 50 Day Moving Avg: $37.67
- 200 Day Moving Avg: $38.48
- 52 Week Range: $35.57 - $43.16
Sales & Book Value:
- Trailing P/E Ratio: 84.49
- Foreward P/E Ratio: 58.60
- P/E Growth: 7.71
- Annual Revenue: $310.48 million
- Price / Sales: 8.56
- Book Value: $24.12 per share
- Price / Book: 1.51
- Annual Dividend: $1.56
- Dividend Yield: 4.3%
- EBITDA: $143.74 million
- Net Margins: 10.58%
- Return on Equity: 1.83%
- Return on Assets: 1.25%
- Debt-to-Equity Ratio: 0.46%
- Current Ratio: 0.26%
- Quick Ratio: 0.26%
- Average Volume: 533,608 shs.
- Beta: 0.45
- Short Ratio: 16.62
Frequently Asked Questions for Education Realty Trust (NYSE:EDR)
What is Education Realty Trust's stock symbol?
Education Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "EDR."
How often does Education Realty Trust pay dividends? What is the dividend yield for Education Realty Trust?
Education Realty Trust announced a quarterly dividend on Thursday, October 12th. Investors of record on Tuesday, October 31st will be given a dividend of $0.39 per share on Wednesday, November 15th. This represents a $1.56 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Monday, October 30th. View Education Realty Trust's Dividend History.
How were Education Realty Trust's earnings last quarter?
Education Realty Trust Inc. (NYSE:EDR) announced its quarterly earnings results on Monday, July, 31st. The company reported $0.42 EPS for the quarter, hitting the consensus estimate of $0.42. The firm earned $74.04 million during the quarter, compared to the consensus estimate of $69.40 million. Education Realty Trust had a net margin of 10.58% and a return on equity of 1.83%. The business's revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 EPS. View Education Realty Trust's Earnings History.
When will Education Realty Trust make its next earnings announcement?
What guidance has Education Realty Trust issued on next quarter's earnings?
Education Realty Trust updated its FY17 earnings guidance on Monday, July, 31st. The company provided earnings per share (EPS) guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus estimate of $1.93.
Where is Education Realty Trust's stock going? Where will Education Realty Trust's stock price be in 2017?
12 brokerages have issued 12 month price objectives for Education Realty Trust's shares. Their predictions range from $38.00 to $51.00. On average, they anticipate Education Realty Trust's stock price to reach $42.63 in the next twelve months. View Analyst Ratings for Education Realty Trust.
Who are some of Education Realty Trust's key competitors?
Some companies that are related to Education Realty Trust include Colony Starwood Homes (SFR), Two Harbors Investments Corp (TWO), Monogram Residential Trust (MORE), Associated Estates Realty (AEC), UNITE Group plc (UTG), ARMOUR Residential REIT (ARR), New Senior Investment Group (SNR), Independence Realty Trust (IRT), Preferred Apartment Communities (APTS), Altisource Residential Corporation (RESI), Campus Crest Communities (CCG), UMH Properties (UMH), American Residential Properties (ARPI), NexPoint Residential Trust (NXRT), NexPoint Residential Trust (NXRT), Bluerock Residential Growth REIT (BRG), Bluerock Residential Growth REIT (BRG) and Clipper Realty (CLPR).
Who are Education Realty Trust's key executives?
Education Realty Trust's management team includes the folowing people:
- Randall L. Churchey CPA, Chairman of the Board, Chief Executive Officer
- Thomas Trubiana, President, Director
- Edwin B. Brewer Jr., Chief Financial Officer, Executive Vice President
- Christine D. Richards, Chief Operating Officer, Executive Vice President
- Lindsey Mackie, Senior Vice President , Chief Accounting Officer, Principal Accounting Officer
- J. Drew Koester, Senior Vice President – Capital Markets and Investor Relations
- Howard A. Silver, Lead Independent Director
- John V. Arabia, Independent Director
- William J. Cahill III, Independent Director
- Kimberly K. Schaefer, Independent Director
Who owns Education Realty Trust stock?
Education Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (1.06%), Strs Ohio (0.28%), Nationwide Fund Advisors (0.22%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%) and Quantitative Systematic Strategies LLC (0.02%). Company insiders that own Education Realty Trust stock include Edwin B Brewer, Jr, John T Thomas, Kimberly Schaefer, Lindsey Mackie, Monte J Barrow, Randy L Churchey and Wendell W Weakley. View Institutional Ownership Trends for Education Realty Trust.
Who sold Education Realty Trust stock? Who is selling Education Realty Trust stock?
Who bought Education Realty Trust stock? Who is buying Education Realty Trust stock?
Education Realty Trust's stock was purchased by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC and Mutual of America Capital Management LLC. Company insiders that have bought Education Realty Trust stock in the last two years include Edwin B Brewer, Jr, John T Thomas, Kimberly Schaefer, Lindsey Mackie and Wendell W Weakley. View Insider Buying and Selling for Education Realty Trust.
How do I buy Education Realty Trust stock?
Shares of Education Realty Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Education Realty Trust's stock price today?
MarketBeat Community Rating for Education Realty Trust (NYSE EDR)MarketBeat's community ratings are surveys of what our community members think about Education Realty Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Education Realty Trust stock can currently be purchased for approximately $36.33.
Consensus Ratings for Education Realty Trust (NYSE:EDR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 6 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$42.63 (17.33% upside)|Consensus Price Target History for Education Realty Trust (NYSE:EDR)
Analysts' Ratings History for Education Realty Trust (NYSE:EDR)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/2/2017||Robert W. Baird||Reiterated Rating||Outperform||$45.00 -> $40.00||Low|
|8/10/2017||Goldman Sachs Group, Inc. (The)||Upgrade||Neutral -> Buy||$40.00 -> $42.00||Medium|
|7/31/2017||Sandler O'Neill||Downgrade||Buy -> Hold||$47.00 -> $40.00||Low|
|6/30/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||Low|
|6/29/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||$44.00 -> $41.00||High|
|6/22/2017||FBR & Co||Reiterated Rating||Buy||Low|
|5/3/2017||Royal Bank Of Canada||Reiterated Rating||Buy||Low|
|5/2/2017||Evercore ISI||Lower Price Target||Underperform||$41.00 -> $38.00||Low|
|5/2/2017||Canaccord Genuity||Lower Price Target||Hold||$43.00 -> $42.00||Medium|
|4/19/2017||JMP Securities||Downgrade||Outperform -> Market Perform||Medium|
|11/17/2016||Hilliard Lyons||Upgrade||Underperform -> Neutral||N/A|
|9/23/2016||Capital One Financial Corporation||Initiated Coverage||Equal Weight||$54.00||N/A|
|8/3/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$44.00||N/A|
Earnings History for Education Realty Trust (NYSE:EDR)Earnings History by Quarter for Education Realty Trust (NYSE EDR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/31/2017||Q2 2017||$0.42||$0.42||$69.40 million||$74.04 million||View||N/A|
|5/1/2017||Q1 2017||$0.56||$0.21||$78.54 million||$85.80 million||View||Listen|
|2/21/2017||Q416||$0.56||$0.59||$79.37 million||$84.20 million||View||Listen|
|10/31/2016||Q316||$0.28||$0.26||$62.09 million||$66.23 million||View||Listen|
|8/1/2016||Q216||$0.39||$0.39||$61.88 million||$65.14 million||View||N/A|
|5/2/2016||Q116||$0.47||$0.54||$68.78 million||$73.38 million||View||N/A|
|2/22/2016||Q415||$0.61||$0.61||$68.81 million||$75.52 million||View||Listen|
|11/2/2015||Q315||$0.27||$0.30||$54.95 million||$58.20 million||View||N/A|
|7/30/2015||Q215||$0.41||$0.41||$55.62 million||$57.30 million||View||Listen|
|4/29/2015||Q1||$0.48||$0.50||$58.19 million||$64.10 million||View||N/A|
|2/23/2015||Q115||$0.58||$0.60||$61.33 million||$66.50 million||View||N/A|
|2/5/2015||Q414||$0.57||$0.26||$61.30 million||$134.10 million||View||N/A|
|10/27/2014||Q314||$0.11||$0.11||$49.07 million||$54.70 million||View||Listen|
|7/28/2014||Q214||$0.15||$0.15||$47.00 million||$50.04 million||View||N/A|
|4/28/2014||Q114||$0.17||$0.17||$49.10 million||$54.55 million||View||N/A|
|2/18/2014||Q413||$0.20||$0.20||$48.26 million||$55.20 million||View||N/A|
|10/28/2013||Q313||$0.07||$0.08||$37.84 million||$40.27 million||View||N/A|
|7/29/2013||Q213||$0.13||$0.13||$40.95 million||$41.98 million||View||N/A|
|4/29/2013||Q113||$0.14||$0.14||$41.97 million||$41.40 million||View||N/A|
|2/19/2013||Q412||$0.16||$0.16||$40.91 million||$43.19 million||View||N/A|
Earnings Estimates for Education Realty Trust (NYSE:EDR)
2017 EPS Consensus Estimate: $1.89
2018 EPS Consensus Estimate: $2.01
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Education Realty Trust (NYSE:EDR)
|Dividend Growth:||6.00% (3 Year Average)|
|Payout Ratio:||371.44% (Trailing 12 Months of Earnings) |
305.88% (Based on This Year's Estimates)
251.61% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Education Realty Trust (NYSE EDR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Education Realty Trust (NYSE:EDR)
Insider Ownership Percentage: 0.50%Insider Trades by Quarter for Education Realty Trust (NYSE:EDR)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/23/2017||Wendell W. Weakley||Director||Buy||750||$38.65||$28,987.50|| |
|8/3/2017||Edwin B. Brewer, Jr.||VP||Buy||1,000||$37.50||$37,500.00|| |
|8/3/2017||John T Thomas||Director||Buy||800||$37.51||$30,008.00|| |
|5/17/2017||Kimberly Schaefer||Director||Buy||1,000||$37.63||$37,630.00|| |
|3/13/2017||Lindsey Mackie||VP||Buy||275||$38.97||$10,716.75|| |
|2/23/2017||Randy L Churchey||Chairman||Sell||20,000||$41.29||$825,800.00|| |
|11/28/2016||John T Thomas||Director||Buy||180||$40.47||$7,284.60|| |
|8/17/2016||Monte J Barrow||Director||Sell||5,000||$46.00||$230,000.00|| |
|6/14/2016||Lindsey Mackie||CAO||Buy||153||$43.01||$6,580.53|| |
|5/23/2016||Kimberly Schaefer||Director||Buy||1,000||$41.60||$41,600.00|| |
|9/14/2015||Wendell W Weakley||Director||Sell||1,000||$29.03||$29,030.00|| |
|9/4/2015||Edwin B Brewer Jr||CFO||Buy||1,000||$28.05||$28,050.00|| |
|8/24/2015||Edwin B Brewer Jr||CFO||Buy||1,000||$29.95||$29,950.00|| |
|8/3/2015||Randy L Churchey||CEO||Buy||4,200||$31.58||$132,636.00|| |
|5/13/2015||Edwin B Brewer Jr||CFO||Buy||1,000||$32.50||$32,500.00|| |
|2/25/2015||Edwin B Brewer Jr||CFO||Buy||1,000||$35.25||$35,250.00|| |
|1/15/2015||Randy L Churchey||CEO||Sell||3,334||$38.73||$129,125.82|| |
|1/8/2015||Randy L Churchey||CEO||Sell||11,119||$38.85||$431,973.15|| |
|8/12/2014||Wendell W Weakley||Director||Buy||5,000||$10.47||$52,350.00|| |
|5/16/2014||J Drew Koester||CAO||Sell||9,100||$10.46||$95,186.00|| |
|12/11/2013||Wendell Weakley||Director||Buy||40,000||$8.87||$354,800.00|| |
|12/9/2013||Monte Barrow||Director||Sell||5,650||$9.00||$50,850.00|| |
|9/13/2013||Randall Brown||CFO||Buy||5,500||$9.04||$49,720.00|| |
|9/13/2013||Randy Churchey||CEO||Buy||20,000||$8.99||$179,800.00|| |
|8/5/2013||J Drew Koester||CAO||Buy||10,100||$9.27||$93,627.00|| |
|8/2/2013||J Drew Koester||CAO||Buy||1,800||$9.35||$16,830.00|| |
|3/13/2013||Randall H Brown||CFO||Sell||20,000||$10.65||$213,000.00|| |
|3/13/2013||Randy L Churchey||CEO||Sell||25,000||$10.67||$266,750.00|| |
Headline Trends for Education Realty Trust (NYSE:EDR)
Latest Headlines for Education Realty Trust (NYSE:EDR)
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Education Realty Trust (EDR) Chart for Tuesday, October, 24, 2017