Education Realty Trust, Inc. Co (NYSE:EDR):
EdR Hires Everett to Strengthen On-Campus Development Strategy.
The company is trading up since yesterday’s close of $43.81.
Education Realty Trust, Inc. Co also recently announced a dividend that was paid on Monday August 15th, 2016. The dividend payment was $0.380 per share for the quarter or $1.52 annualized. This dividend amount was represent a yeild of $3.41. The ex-dividend date was set for Wednesday the 27th of July 2016.
It is trading at $43.85 which is just under $44.99, the 50 day moving average and which is just a bit higher than the 200 day moving average of $43.60. The 50 day moving average moved down $-1.14 and the 200 day average moved up $0.25.
The P/E ratio is 57.77 and market cap is 3.20B. As of the latest earnings report the EPS was $0.76 and is estimated to be $1.77 for the current year with 73,049,000 shares outstanding. Next quarter’s EPS is forecasted at $0.57 and the next full year EPS is anticipated to be $2.00.
Several investment analysts have released opinions on EDR recently. Equity analyst Capital One Financial started coverage with a rating of “Equal-weight” and price target of $54.00. On September 20 the company was set at “Outperform” according to a Baird report up from the previous “Neutral” rating.
On September 7, 2016 Citigroup started covering EDR setting a rating of “Neutral” and a price target of $46.00. On July 1 the stock rating was downgraded from “Neutral” to “Underperform” in an announcement from Hilliard Lyons.
On June 23 analysts at FBR Capital began coverage by announcing an initial rating of “Outperform” and setting a price target of $48.00. Evercore ISI Group released its first research report on the stock giving it an initial rating of “Hold” and a price target of $45.00.