Media stories about Education Realty Trust (NYSE:EDR) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Education Realty Trust earned a coverage optimism score of 0.02 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 45.3917425921311 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Education Realty Trust opened at $34.69 on Friday, according to MarketBeat.com. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 3.74 and a beta of 0.39. Education Realty Trust has a 52 week low of $30.07 and a 52 week high of $40.84. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.53.
Education Realty Trust (NYSE:EDR) last released its quarterly earnings data on Monday, April 30th. The real estate investment trust reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.02). The business had revenue of $90.70 million for the quarter, compared to analysts’ expectations of $85.79 million. Education Realty Trust had a net margin of 21.50% and a return on equity of 3.95%. Education Realty Trust’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the company earned $0.60 earnings per share. analysts anticipate that Education Realty Trust will post 1.85 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Shareholders of record on Monday, April 30th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.50%. The ex-dividend date was Friday, April 27th. Education Realty Trust’s dividend payout ratio (DPR) is presently 82.11%.
A number of equities analysts recently weighed in on EDR shares. TheStreet raised shares of Education Realty Trust from a “c” rating to a “b-” rating in a report on Monday, May 7th. Robert W. Baird set a $36.00 price target on shares of Education Realty Trust and gave the stock a “buy” rating in a report on Thursday, February 22nd. B. Riley set a $44.00 price target on shares of Education Realty Trust and gave the stock a “buy” rating in a report on Tuesday, February 20th. Sandler O’Neill reissued a “hold” rating and issued a $34.00 price target on shares of Education Realty Trust in a report on Monday, February 26th. Finally, Zacks Investment Research raised shares of Education Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, May 15th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $40.13.
About Education Realty Trust
One of America's largest owners, developers and managers of collegiate housing, EdR (NYSE:EDR) is a self-administered and self-managed real estate investment trust that owns or manages 85 communities with more than 45,500 beds serving 53 universities in 26 states. EdR is a member of the Russell 2000 Index, the S&P MidCap 400 and the Morgan Stanley REIT indices.
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