Education Realty Trust (NYSE: EDR) has recently received a number of price target changes and ratings updates:

  • 7/31/2017 – Education Realty Trust was downgraded by analysts at Sandler O’Neill from a “buy” rating to a “hold” rating. They now have a $40.00 price target on the stock, down previously from $47.00.
  • 7/31/2017 – Education Realty Trust was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 7/30/2017 – Education Realty Trust was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/24/2017 – Education Realty Trust was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/12/2017 – Education Realty Trust was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/1/2017 – Education Realty Trust was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/30/2017 – Education Realty Trust was downgraded by analysts at Bank of America Corporation from a “buy” rating to a “neutral” rating.
  • 6/29/2017 – Education Realty Trust was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $41.00 price target on the stock, down previously from $44.00.
  • 6/22/2017 – Education Realty Trust had its “buy” rating reaffirmed by analysts at FBR & Co.
  • 6/16/2017 – Education Realty Trust was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of Education Realty Trust Inc. (NYSE EDR) traded down 0.45% during mid-day trading on Monday, hitting $37.51. 369,771 shares of the stock were exchanged. The stock has a market capitalization of $2.75 billion, a P/E ratio of 87.23 and a beta of 0.44. Education Realty Trust Inc. has a 12-month low of $36.98 and a 12-month high of $47.57. The stock’s 50 day moving average price is $38.98 and its 200-day moving average price is $39.65.

Education Realty Trust (NYSE:EDR) last posted its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.42. Education Realty Trust had a net margin of 10.58% and a return on equity of 1.83%. The business had revenue of $74.04 million during the quarter, compared to the consensus estimate of $69.40 million. During the same quarter last year, the firm posted $0.39 EPS. Education Realty Trust’s revenue was up 13.7% compared to the same quarter last year. On average, equities research analysts expect that Education Realty Trust Inc. will post $0.53 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be given a $0.39 dividend. The ex-dividend date is Thursday, July 27th. This represents a $1.56 annualized dividend and a yield of 4.16%. This is an increase from Education Realty Trust’s previous quarterly dividend of $0.38. Education Realty Trust’s dividend payout ratio (DPR) is presently 371.44%.

In other Education Realty Trust news, Director Kimberly Schaefer purchased 1,000 shares of Education Realty Trust stock in a transaction that occurred on Wednesday, May 17th. The stock was acquired at an average price of $37.63 per share, with a total value of $37,630.00. Following the transaction, the director now owns 5,909 shares in the company, valued at approximately $222,355.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John T. Thomas acquired 800 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were purchased at an average cost of $37.51 per share, for a total transaction of $30,008.00. Following the completion of the acquisition, the director now directly owns 3,299 shares in the company, valued at $123,745.49. The disclosure for this purchase can be found here. In the last three months, insiders purchased 2,800 shares of company stock valued at $105,138. 0.50% of the stock is currently owned by insiders.

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.

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 MarketBeat.com's FREE daily email newsletter.