|Bid||0.00 x 4000|
|Ask||0.00 x 1000|
|Day's Range||41.48 - 41.50|
|52 Week Range||2.92 - 43.30|
|Beta (3Y Monthly)||0.12|
|PE Ratio (TTM)||0.00|
|Forward Dividend & Yield||1.56 (3.76%)|
|1y Target Est||N/A|
Education Realty's (EDR) merger deal with Greystar Real Estate Partners makes progress, with its stockholders voting in favor of the deal at a special meeting.
Education Realty Trust (EDR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting EDR. Over the last one-month, outflows of investor capital in ETFs holding EDR totaled $130 million.
Moody's Investors Service ("Moody's") affirmed Greystar Real Estate Partners, LLC's ("Greystar") ratings, including the B1 corporate family rating, following Greystar's announcement last week that it agreed to acquire student housing REIT Education Realty Trust, Inc. (EDR) through a fund and a joint venture in an all-cash transaction valued at approximately $4.6 billion. Concurrently, Moody's assigned a B1-PD probability of default rating and LGD assessment has concurrently been attached to the rated debt.
The transaction is expected to close in the second half of 2018 and Greystar's affiliated funds will be the surviving entity. EDR Trust (collectively Education Realty Operating Partnership, LP and Education Realty Trust, Inc.) is one of the leading REITs dedicated to the ownership, development and management of purpose-built, student housing in the U.S. As of March 31, 2018, EDR onwned or managed 79 communities with more than 42,300 beds serving 50 universities communities in 25 states.
This article is intended for those of you who are at the beginning of your investing journey and looking to gauge the potential return on investment in Education Realty TrustRead More...
Education Realty's (EDR) merger agreement with Greystar Student Housing Growth and Income Fund will enable it to offer higher return to shareholders of the former.
(Reuters) - Education Realty Trust Inc (EDR.N), a developer of student housing, said on Monday it would be acquired by an affiliate of Greystar Real Estate Partners for about $4.6 billion, including debt. ...
Education Realty Trust Inc, a developer of student housing, said on Monday it would be acquired by an affiliate of Greystar Real Estate Partners for about $4.6 billion, including debt. Education Realty ...
U.S. stock index futures fell on Monday as growing trade tensions between the United States and China kept investors on edge, with the latest threat involving a check on Chinese investments in U.S. technology firms. The S&P 500 mini futures dropped 0.5 percent after a government official, with knowledge of the matter, said the U.S. Treasury Department was drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with "industrially significant technology". Chipmakers and U.S.-listed Chinese companies were among the most traded stocks in early premarket trading on Monday.