Education Realty Trust Company Profile (NYSE:EDR)

About Education Realty Trust (NYSE:EDR)

Education Realty Trust logoEducation 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:
  • Market Cap: $2.89 billion
  • Outstanding Shares: 73,194,000
Average Prices:
  • 50 Day Moving Avg: $38.42
  • 200 Day Moving Avg: $39.01
  • 52 Week Range: $36.98 - $45.03
  • Trailing P/E Ratio: 91.67
  • Foreward P/E Ratio: 58.84
  • P/E Growth: 8.07
Sales & Book Value:
  • Annual Revenue: $310.48 million
  • Price / Sales: 9.29
  • Book Value: $24.12 per share
  • Price / Book: 1.63
  • Annual Dividend: $1.56
  • Dividend Yield: 3.9%
  • EBIDTA: $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: 514,911 shs.
  • Beta: 0.44
  • 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 Friday, July 14th. Shareholders of record on Monday, July 31st will be paid a dividend of $0.39 per share on Tuesday, August 15th. This represents a $1.56 annualized dividend and a yield of 3.96%. The ex-dividend date is Thursday, July 27th. This is a boost from Education Realty Trust's previous quarterly dividend of $0.38. View Education Realty Trust's Dividend History.

How were Education Realty Trust's earnings last quarter?

Education Realty Trust Inc. (NYSE:EDR) posted its earnings results on Monday, July, 31st. The company reported $0.42 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.42. The company had revenue of $74.04 million for 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%. Education Realty Trust's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 EPS. View Education Realty Trust's Earnings History.

When will Education Realty Trust make its next earnings announcement?

Education Realty Trust is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Education Realty Trust.

What guidance has Education Realty Trust issued on next quarter's earnings?

Education Realty Trust issued an update on its FY17 earnings guidance on Monday, July, 31st. The company provided earnings per share 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?

13 analysts have issued 12-month price objectives for Education Realty Trust's shares. Their forecasts range from $38.00 to $54.00. On average, they expect Education Realty Trust's stock price to reach $44.67 in the next twelve months. View Analyst Ratings for Education Realty Trust.

What are analysts saying about Education Realty Trust stock?

Here are some recent quotes from research analysts about Education Realty Trust stock:

  • 1. According to Zacks Investment Research, "Education Realty Trust owns, manages, and develops student housing communities located near university campuses throughout the United States. EDR will elect to be taxed as a real estate investment trust. EDR also manages student housing communities for college and university systems across the country. " (5/9/2017)
  • 2. FBR & Co analysts commented, "Given that Education Realty gave its 2017 guidance in January and new developments had already been announced intra-quarter, 4Q earnings were not as eventful as they could have been, perhaps reflecting the low volatility inherent in student housing itself (fear not, the corny analogy stops there). That said, pre- leasing velocities were strong, development yields were steady, supply growth was in line with previous estimates (and could actually be down in 2018 according to management), and the 2017–2018 capital funding picture looks straightforward, though is somewhat fungible depending on the stock price. The company did announce a $28.7 million off-campus acquisition at Auburn to close at the end of February." (2/22/2017)

Who are some of Education Realty Trust's key competitors?

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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (15.80%), BlackRock Inc. (13.15%), Daiwa Securities Group Inc. (7.49%), State Street Corp (4.69%), Alliancebernstein L.P. (4.22%) and Bank of New York Mellon Corp (3.67%). 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?

Education Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Uniplan Investment Counsel Inc., Balyasny Asset Management LLC, Franklin Resources Inc., Citadel Advisors LLC, Kennedy Capital Management Inc., Bank of New York Mellon Corp and Alliancebernstein L.P.. View Insider Buying and Selling for Education Realty Trust.

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 Channing Capital Management LLC, Deprince Race & Zollo Inc., Denver Investment Advisors LLC, Goldman Sachs Group Inc., Daiwa Securities Group Inc., William Blair Investment Management LLC, American Assets Capital Advisers and Bank of Montreal Can. 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?

One share of Education Realty Trust stock can currently be purchased for approximately $39.42.

MarketBeat Community Rating for Education Realty Trust (NYSE EDR)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  431
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.

Analyst Ratings

Consensus Ratings for Education Realty Trust (NYSE:EDR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $44.67 (13.31% upside)

Analysts' Ratings History for Education Realty Trust (NYSE:EDR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/6/2017KeyCorpReiterated RatingBuy$47.00LowView Rating Details
8/10/2017Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$40.00 -> $42.00MediumView Rating Details
7/31/2017Sandler O'NeillDowngradeBuy -> Hold$47.00 -> $40.00LowView Rating Details
6/30/2017Bank of America CorporationDowngradeBuy -> NeutralLowView Rating Details
6/29/2017Citigroup Inc.DowngradeBuy -> Neutral$44.00 -> $41.00HighView Rating Details
6/22/2017FBR & CoReiterated RatingBuyLowView Rating Details
5/3/2017Royal Bank of CanadaReiterated RatingBuyLowView Rating Details
5/2/2017Evercore ISILower Price TargetUnderperform$41.00 -> $38.00LowView Rating Details
5/2/2017Canaccord GenuityLower Price TargetHold$43.00 -> $42.00MediumView Rating Details
4/19/2017JMP SecuritiesDowngradeOutperform -> Market PerformMediumView Rating Details
11/17/2016Hilliard LyonsUpgradeUnderperform -> NeutralN/AView Rating Details
9/23/2016Capital One Financial CorporationInitiated CoverageEqual Weight$54.00N/AView Rating Details
9/20/2016Robert W. BairdUpgradeNeutral -> Outperform$42.97 -> $47.00N/AView Rating Details
8/3/2016J P Morgan Chase & CoReiterated RatingHold$44.00N/AView Rating Details
(Data available from 9/19/2015 forward)


Earnings History for Education Realty Trust (NYSE:EDR)
Earnings by Quarter for Education Realty Trust (NYSE:EDR)
Earnings History by Quarter for Education Realty Trust (NYSE EDR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017N/AView Earnings Details
7/31/2017Q2 2017$0.42$0.42$69.40 million$74.04 millionViewN/AView Earnings Details
5/1/2017Q1 2017$0.56$0.21$78.54 million$85.80 millionViewListenView Earnings Details
2/21/2017Q416$0.56$0.59$79.37 million$84.20 millionViewListenView Earnings Details
10/31/2016Q316$0.28$0.26$62.09 million$66.23 millionViewListenView Earnings Details
8/1/2016Q216$0.39$0.39$61.88 million$65.14 millionViewN/AView Earnings Details
5/2/2016Q116$0.47$0.54$68.78 million$73.38 millionViewN/AView Earnings Details
2/22/2016Q415$0.61$0.61$68.81 million$75.52 millionViewListenView Earnings Details
11/2/2015Q315$0.27$0.30$54.95 million$58.20 millionViewN/AView Earnings Details
7/30/2015Q215$0.41$0.41$55.62 million$57.30 millionViewListenView Earnings Details
4/29/2015Q1$0.48$0.50$58.19 million$64.10 millionViewN/AView Earnings Details
2/23/2015Q115$0.58$0.60$61.33 million$66.50 millionViewN/AView Earnings Details
2/5/2015Q414$0.57$0.26$61.30 million$134.10 millionViewN/AView Earnings Details
10/27/2014Q314$0.11$0.11$49.07 million$54.70 millionViewListenView Earnings Details
7/28/2014Q214$0.15$0.15$47.00 million$50.04 millionViewN/AView Earnings Details
4/28/2014Q114$0.17$0.17$49.10 million$54.55 millionViewN/AView Earnings Details
2/18/2014Q413$0.20$0.20$48.26 million$55.20 millionViewN/AView Earnings Details
10/28/2013Q313$0.07$0.08$37.84 million$40.27 millionViewN/AView Earnings Details
7/29/2013Q213$0.13$0.13$40.95 million$41.98 millionViewN/AView Earnings Details
4/29/2013Q113$0.14$0.14$41.97 million$41.40 millionViewN/AView Earnings Details
2/19/2013Q412$0.16$0.16$40.91 million$43.19 millionViewN/AView Earnings Details
10/25/2012$0.06$0.06ViewN/AView Earnings Details
7/26/2012$0.12$0.12ViewN/AView Earnings Details
4/26/2012$0.13$0.13ViewN/AView Earnings Details
2/23/2012$0.14$0.14ViewN/AView Earnings Details
10/27/2011$0.03$0.03ViewN/AView Earnings Details
7/21/2011$0.11$0.11ViewN/AView Earnings Details
4/21/2011$0.12$0.13ViewN/AView Earnings Details
2/24/2011$0.13($0.03)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Education Realty Trust (NYSE:EDR)
2017 EPS Consensus Estimate: $1.90
2018 EPS Consensus Estimate: $2.03
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.56$0.58$0.57
Q2 20173$0.42$0.43$0.43
Q3 20173$0.29$0.31$0.30
Q4 20173$0.58$0.64$0.61
Q1 20182$0.59$0.60$0.60
Q2 20182$0.43$0.44$0.44
Q3 20182$0.30$0.35$0.33
Q4 20182$0.66$0.69$0.68
(Data provided by Zacks Investment Research)


Current Dividend Information for Education Realty Trust (NYSE:EDR)
Most Recent Dividend:8/15/2017
Annual Dividend:$1.56
Dividend Yield:3.96%
Dividend Growth:6.00% (3 Year Average)
Payout Ratio:371.44% (Trailing 12 Months of Earnings)
294.34% (Based on This Year's Estimates)
232.84% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Education Realty Trust (NYSE:EDR)

Dividend History by Quarter for Education Realty Trust (NYSE EDR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

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)
Institutional Ownership by Quarter for Education Realty Trust (NYSE:EDR)
Insider Trades by Quarter for Education Realty Trust (NYSE:EDR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/23/2017Wendell W. WeakleyDirectorBuy750$38.65$28,987.50View SEC Filing  
8/3/2017Edwin B. Brewer, Jr.VPBuy1,000$37.50$37,500.00View SEC Filing  
8/3/2017John T ThomasDirectorBuy800$37.51$30,008.00View SEC Filing  
5/17/2017Kimberly SchaeferDirectorBuy1,000$37.63$37,630.00View SEC Filing  
3/13/2017Lindsey MackieVPBuy275$38.97$10,716.75View SEC Filing  
2/23/2017Randy L ChurcheyChairmanSell20,000$41.29$825,800.00View SEC Filing  
11/28/2016John T ThomasDirectorBuy180$40.47$7,284.60View SEC Filing  
8/17/2016Monte J BarrowDirectorSell5,000$46.00$230,000.00View SEC Filing  
6/14/2016Lindsey MackieCAOBuy153$43.01$6,580.53View SEC Filing  
5/23/2016Kimberly SchaeferDirectorBuy1,000$41.60$41,600.00View SEC Filing  
9/14/2015Wendell W WeakleyDirectorSell1,000$29.03$29,030.00View SEC Filing  
9/4/2015Edwin B Brewer JrCFOBuy1,000$28.05$28,050.00View SEC Filing  
8/24/2015Edwin B Brewer JrCFOBuy1,000$29.95$29,950.00View SEC Filing  
8/3/2015Randy L ChurcheyCEOBuy4,200$31.58$132,636.00View SEC Filing  
5/13/2015Edwin B Brewer JrCFOBuy1,000$32.50$32,500.00View SEC Filing  
2/25/2015Edwin B Brewer JrCFOBuy1,000$35.25$35,250.00View SEC Filing  
1/15/2015Randy L ChurcheyCEOSell3,334$38.73$129,125.82View SEC Filing  
1/8/2015Randy L ChurcheyCEOSell11,119$38.85$431,973.15View SEC Filing  
8/12/2014Wendell W WeakleyDirectorBuy5,000$10.47$52,350.00View SEC Filing  
5/16/2014J Drew KoesterCAOSell9,100$10.46$95,186.00View SEC Filing  
12/11/2013Wendell WeakleyDirectorBuy40,000$8.87$354,800.00View SEC Filing  
12/9/2013Monte BarrowDirectorSell5,650$9.00$50,850.00View SEC Filing  
9/13/2013Randall BrownCFOBuy5,500$9.04$49,720.00View SEC Filing  
9/13/2013Randy ChurcheyCEOBuy20,000$8.99$179,800.00View SEC Filing  
8/5/2013J Drew KoesterCAOBuy10,100$9.27$93,627.00View SEC Filing  
8/2/2013J Drew KoesterCAOBuy1,800$9.35$16,830.00View SEC Filing  
3/13/2013Randall H BrownCFOSell20,000$10.65$213,000.00View SEC Filing  
3/13/2013Randy L ChurcheyCEOSell25,000$10.67$266,750.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Education Realty Trust (NYSE:EDR)
Latest Headlines for Education Realty Trust (NYSE:EDR)
DateHeadline logoEducation Realty Trust Inc. (EDR) Given Average Recommendation of "Hold" by Analysts - September 16 at 2:46 AM logoEDR Crosses Above Key Moving Average Level - September 15 at 11:41 PM logoEdR Communities Experience No Injuries and Minimal Damage from Recent Hurricanes - September 14 at 8:53 PM logo Brokerages Expect Education Realty Trust Inc. (EDR) Will Post Quarterly Sales of $68.35 Million - September 14 at 3:26 AM logoApartment Investment and Management (AIV) vs. Education Realty Trust (EDR) Head-To-Head Review - September 13 at 8:10 PM logoAnalyzing Education Realty Trust (EDR) & NexPoint Residential Trust (NXRT) - September 7 at 8:30 PM logoEducation Realty's (EDR) Debt Rating Upgraded by Moody's - September 7 at 6:15 PM logoEdR Credit Rating Upgraded to Baa2 by Moody's - September 6 at 6:05 PM logoShepherd University and EdR Celebrate Opening of On-Campus Housing Community - September 5 at 7:47 PM logoEducation Realty Trust, Inc. breached its 50 day moving average in a Bullish Manner : EDR-US : September 1, 2017 - September 1 at 6:27 PM logoEducation Realty Operating Partnership, LP -- Moody's Upgrades EDR unsecured debt to Baa2; outlook stable - August 31 at 6:02 PM logoEdR Completes $150 Million Private Placement of Senior Unsecured Notes - August 31 at 6:02 PM logoEducation Realty Trust, Inc. : EDR-US: Dividend Analysis : July 31st, 2017 (record date) : By the numbers : August 29, 2017 - August 29 at 6:34 PM logoEdR Grows on On-Campus Housing, Opens First Phase at NMU - August 25 at 7:44 PM logoHead-To-Head Comparison: Education Realty Trust (EDR) vs. American Homes 4 Rent (AMH) - August 25 at 2:10 PM logoEdR Opens First Phase of On-Campus Housing at Northern Michigan University - August 24 at 7:04 PM logoEducation Realty Trust Inc. (EDR) Director Wendell W. Weakley Acquires 750 Shares - August 23 at 8:50 PM logoEdR Celebrates Opening of Third-Party Development at East Stroudsburg University - August 22 at 6:45 PM logoEducation Realty Trust Inc. (EDR) Receives Average Recommendation of "Hold" from Analysts - August 22 at 2:32 AM logoEdR Wins Right to Negotiate Terms of Student Housing Development with University of South Carolina - August 21 at 5:49 PM logoEducation Realty Receives Approval for College View Project - August 21 at 5:49 PM logoMississippi State, EdR Move Forward with College View Mixed-Use Project - August 17 at 7:23 PM logoEducation Realty (EDR) Closes On-Campus Project Worth $450M - August 15 at 6:54 PM logoSee what the IHS Markit Score report has to say about Education Realty Trust Inc. - August 12 at 5:30 PM logoIHS Markit Score Update: Rise in demand for ETFs holding Education Realty Trust Inc is a positive for its shares - August 11 at 11:42 PM logoUC Berkley building gets LEED certification with help of Memphis company - August 10 at 7:26 PM logoEdR Completes Latest Phase of University of Kentucky On-Campus Transformation with Opening of University Flats and Lewis Hall - August 10 at 7:26 PM logoEdR Opens Pedestrian to Campus Community at Michigan State University - August 9 at 6:20 PM logo$68.35 Million in Sales Expected for Education Realty Trust Inc. (NYSE:EDR) This Quarter - August 8 at 7:12 AM logoEducation Realty Trust Inc. (NYSE:EDR) Expected to Announce Earnings of $0.31 Per Share - August 7 at 12:08 AM logoEdwin B. Brewer, Jr. Acquires 1,000 Shares of Education Realty Trust Inc. (EDR) Stock - August 3 at 10:56 PM logoEducation Realty Trust Inc. (EDR) Director John T. Thomas Acquires 800 Shares - August 3 at 9:28 PM logoHistoric Bowles Hall Earns LEED Silver Certification - August 3 at 5:10 PM logoFY2017 EPS Estimates for Education Realty Trust Inc. Cut by Analyst (NYSE:EDR) - August 2 at 10:38 AM logoEdited Transcript of EDR earnings conference call or presentation 31-Jul-17 2:00pm GMT - August 1 at 3:58 AM logoEducation Realty Trust Named Top Dividend Stock With Insider Buying and 4.01% Yield - July 31 at 10:57 PM logoEdR Announces Second Quarter 2017 Results - July 31 at 5:55 PM logoEducation Realty Trust reports 2Q results - July 31 at 5:55 PM logoSandler O'Neill Lowers Education Realty Trust Inc. (NYSE:EDR) to Hold - July 31 at 4:28 PM logoEducation Realty Trust Inc. (EDR) Releases FY17 Earnings Guidance - July 31 at 9:01 AM logoEducation Realty Trust Inc. (EDR) Posts Quarterly Earnings Results, Meets Expectations - July 31 at 9:00 AM logoEducation Realty Trust Inc. (EDR) Downgraded to Sell at BidaskClub - July 30 at 11:08 AM logoEducation Realty Trust, Inc. breached its 50 day moving average in a Bearish Manner : EDR-US : July 28, 2017 - July 28 at 8:14 PM logoEducation Realty Trust Inc. (EDR) Receives Consensus Recommendation of "Hold" from Analysts - July 28 at 10:02 AM logoEducation Realty Trust Inc. (EDR) Scheduled to Post Earnings on Monday - July 27 at 10:47 AM logoETFs with exposure to Education Realty Trust, Inc. : July 24, 2017 - July 24 at 6:02 PM logoSee Inside: Memphis-based company's new Texas development - July 21 at 8:01 PM logoEdR Opens Pedestrian to Campus Community Serving Texas State University - July 20 at 8:32 PM logo Analysts Anticipate Education Realty Trust Inc. (NYSE:EDR) Will Announce Quarterly Sales of $72.51 Million - July 19 at 12:38 PM logoEducation Realty Trust, Inc. breached its 50 day moving average in a Bullish Manner : EDR-US : July 18, 2017 - July 18 at 7:41 PM



Education Realty Trust (EDR) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by Staff