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Education Realty Trust Inc. (NYSE:EDR) issued an update on its FY14 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.62-0.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.65, Analyst Ratings News reports.

On a related note, analysts at JPMorgan Chase & Co. cut their price target on shares of Education Realty Trust from $11.00 to $10.00 in a research note on Monday, December 30th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of Hold and an average target price of $10.10.

Education Realty Trust Inc. (NYSE:EDR) opened at 9.31 on Tuesday. Education Realty Trust Inc. has a 1-year low of $8.30 and a 1-year high of $11.77. The stock has a 50-day moving average of $9.01 and a 200-day moving average of $8.97. The company has a market cap of $1.069 billion and a P/E ratio of 145.47.

Education Realty Trust (NYSE:EDR) last announced its earnings results on Tuesday, February 18th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $55.20 million for the quarter, compared to the consensus estimate of $48.26 million. Analysts expect that Education Realty Trust Inc. will post $0.55 EPS for the current fiscal year.

Education Realty Trust, Inc (NYSE:EDR) is a self-managed and self-advised real estate investment trust (REIT).

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