Media stories about Education Realty Trust (NYSE:EDR) have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Education Realty Trust earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.4020118945563 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

EDR has been the topic of several recent research reports. Robert W. Baird reissued an “outperform” rating and issued a $40.00 price target (down previously from $45.00) on shares of Education Realty Trust in a report on Monday, October 2nd. FBR & Co reissued a “buy” rating and issued a $44.00 price target on shares of Education Realty Trust in a report on Monday, October 30th. Royal Bank of Canada cut their target price on 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. B. Riley reaffirmed a “buy” rating on shares of Education Realty Trust in a research note on Wednesday, November 1st. Finally, JPMorgan Chase & Co. downgraded Education Realty Trust from a “neutral” rating to an “underweight” rating in a research note on Friday, December 15th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $40.90.

Shares of Education Realty Trust (NYSE:EDR) opened at $33.60 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a market capitalization of $2,510.00, a price-to-earnings ratio of 73.04, a price-to-earnings-growth ratio of 2.85 and a beta of 0.44. Education Realty Trust has a 12 month low of $33.02 and a 12 month high of $42.80.

Education Realty Trust (NYSE:EDR) last posted its quarterly earnings data on Monday, October 30th. The real estate investment trust reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.31). Education Realty Trust had a return on equity of 2.01% and a net margin of 11.33%. The firm had revenue of $75.36 million during the quarter, compared to the consensus estimate of $69.22 million. During the same period in the prior year, the firm posted $0.26 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. equities research analysts expect that Education Realty Trust will post 1.9 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date is Tuesday, January 30th. Education Realty Trust’s dividend payout ratio is presently 339.13%.

In other news, Chairman Randy L. Churchey acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were bought at an average price of $35.01 per share, with a total value of $700,200.00. Following the purchase, the chairman now owns 149,506 shares of the company’s stock, valued at $5,234,205.06. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Edwin B. Brewer, Jr. acquired 5,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The stock was purchased at an average cost of $35.01 per share, for a total transaction of $175,050.00. The disclosure for this purchase can be found here. 0.50% of the stock is currently owned by insiders.

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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.

Insider Buying and Selling by Quarter for Education Realty Trust (NYSE:EDR)

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