Education Realty Trust Inc. (NYSE:EDR) is scheduled to post its quarterly earnings results before the market opens on Monday, July 31st. Analysts expect Education Realty Trust to post earnings of $0.42 per share for the quarter. Education Realty Trust has set its FY17 guidance at $1.90-2.00 EPS.

Education Realty Trust (NYSE:EDR) last announced its quarterly earnings data on Monday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.35. Education Realty Trust had a net margin of 14.74% and a return on equity of 2.47%. The business had revenue of $85.80 million during the quarter, compared to analysts’ expectations of $78.54 million. During the same period last year, the company posted $0.54 EPS. Education Realty Trust’s revenue for the quarter was up 16.9% on a year-over-year basis. On average, analysts expect Education Realty Trust to post $1.93 EPS for the current fiscal year and $2.09 EPS for the next fiscal year.

Shares of Education Realty Trust Inc. (EDR) traded down 0.18% during midday trading on Thursday, hitting $38.47. 70,671 shares of the stock were exchanged. The firm has a 50-day moving average of $39.06 and a 200-day moving average of $39.77. Education Realty Trust Inc. has a 1-year low of $36.98 and a 1-year high of $48.87. The company has a market capitalization of $2.82 billion, a P/E ratio of 63.07 and a beta of 0.45.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st will be issued a $0.39 dividend. The ex-dividend date is Thursday, July 27th. This is an increase from Education Realty Trust’s previous quarterly dividend of $0.38. This represents a $1.56 dividend on an annualized basis and a yield of 4.01%. Education Realty Trust’s payout ratio is currently 249.18%.

In related news, Director Kimberly Schaefer acquired 1,000 shares of the stock in a transaction on Wednesday, May 17th. The shares were acquired at an average price of $37.63 per share, for a total transaction of $37,630.00. Following the transaction, the director now owns 5,909 shares in the company, valued at approximately $222,355.67. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.50% of the stock is currently owned by corporate insiders.

EDR has been the topic of several recent analyst reports. Royal Bank Of Canada restated a “buy” rating on shares of Education Realty Trust in a report on Wednesday, May 3rd. FBR & Co restated a “buy” rating on shares of Education Realty Trust in a report on Thursday, June 22nd. BidaskClub upgraded shares of Education Realty Trust from a “hold” rating to a “buy” rating in a report on Friday, June 16th. Canaccord Genuity downgraded shares of Education Realty Trust from a “buy” rating to a “hold” rating and cut their price objective for the company from $46.00 to $43.00 in a report on Monday, April 10th. Finally, JMP Securities downgraded shares of Education Realty Trust from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 19th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $46.13.

TRADEMARK VIOLATION WARNING: This article was published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at

About Education Realty Trust

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.

Earnings History for Education Realty Trust (NYSE:EDR)

Receive News & Ratings for Education Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Education Realty Trust Inc. and related companies with's FREE daily email newsletter.