News headlines about Education Realty Trust (NYSE:EDR) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Education Realty Trust earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 44.2287068085784 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several equities analysts recently commented on EDR shares. KeyCorp reiterated a “buy” rating and issued a $47.00 target price on shares of Education Realty Trust in a research note on Wednesday, September 6th. B. Riley set a $44.00 price target on Education Realty Trust and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Royal Bank Of Canada dropped their price target on Education Realty Trust from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, November 8th. Robert W. Baird restated an “outperform” rating and set a $40.00 price target (down from $45.00) on shares of Education Realty Trust in a research note on Monday, October 2nd. Finally, FBR & Co restated a “buy” rating and set a $44.00 price target on shares of Education Realty Trust in a research note on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $41.60.
Shares of Education Realty Trust (NYSE:EDR) traded down $0.45 during trading hours on Monday, reaching $35.69. The company’s stock had a trading volume of 974,328 shares, compared to its average volume of 508,867. The firm has a market capitalization of $2,737.71, a price-to-earnings ratio of 19.02, a PEG ratio of 3.17 and a beta of 0.44. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.29 and a quick ratio of 0.29. Education Realty Trust has a 12 month low of $34.67 and a 12 month high of $42.80.
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 4.37%. The ex-dividend date of this dividend was Monday, October 30th. Education Realty Trust’s payout ratio is 339.14%.
In related news, Chairman Randy L. Churchey bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was bought at an average price of $35.01 per share, with a total value of $700,200.00. Following the completion of the transaction, the chairman now directly owns 149,506 shares of the company’s stock, valued at $5,234,205.06. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Edwin B. Brewer, Jr. bought 5,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was bought at an average cost of $35.01 per share, with a total value of $175,050.00. The disclosure for this purchase can be found here. 0.50% of the stock is owned by corporate insiders.
Education Realty Trust Company Profile
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.
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