Education Realty Trust (EDR) Set to Announce Quarterly Earnings on Tuesday

Education Realty Trust (NYSE:EDR) is scheduled to be announcing its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.25 per share for the quarter.

Shares of Education Realty Trust (NYSE:EDR) opened at $31.18 on Tuesday. The firm has a market capitalization of $2,351.37, a PE ratio of 67.78, a price-to-earnings-growth ratio of 2.94 and a beta of 0.38. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.29 and a current ratio of 0.29. Education Realty Trust has a 12-month low of $30.07 and a 12-month high of $42.44.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 5.00%. The ex-dividend date is Tuesday, January 30th. Education Realty Trust’s dividend payout ratio is currently 339.14%.

Several equities research analysts have weighed in on EDR shares. B. Riley set a $44.00 price target on Education Realty Trust and gave the stock a “buy” rating in a research report on Tuesday, November 14th. KeyCorp reaffirmed a “buy” rating and set a $40.00 price target on shares of Education Realty Trust in a research report on Thursday, December 21st. JPMorgan Chase & Co. downgraded Education Realty Trust from a “neutral” rating to an “underweight” rating in a research report on Friday, December 15th. Royal Bank of Canada lowered their target price on shares of Education Realty Trust from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 8th. Finally, FBR & Co reissued a “buy” rating and set a $44.00 target price on shares of Education Realty Trust in a research note on Monday, October 30th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $40.90.

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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)

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