|Bid||39.90 x 1000|
|Ask||39.91 x 1000|
|Day's Range||39.87 - 40.35|
|52 Week Range||30.07 - 43.30|
|PE Ratio (TTM)||43.10|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||1.56 (3.87%)|
|1y Target Est||36.75|
American Campus Communities, Inc. (NYSE: ACC ) is poised to gain market share within the "defensive" REIT space, according to Bank of America Merrill Lynch. The Analyst Analyst Juan Sanabria ...
Greystar Real Estate Partners LLC is in exclusive talks to buy student-housing owner Education Realty Trust Inc. for about $3.1 billion, according to people familiar with the matter. Closely held Greystar offered $41.50 a share for Education Realty, although it is possible that price could change between now and announcement, which is expected later this week. At least one other group is still seeking to seal a purchase of EDR, as Education Realty is also known.
Greystar Real Estate Partners is in exclusive discussions to buy Education Realty Trust Inc, owner of collegiate housing communities, for about $3.1 billion, the Wall Street Journal reported https://on.wsj.com/2l9cGpn on Wednesday, citing people familiar with the matter. Greystar, which operates apartments in the United States, has offered $41.50 a share for Education Realty, the Journal reported, adding that the deal is expected to be announced later this week. Education Realty's shares rose 1.5 percent at $40.69.
Shares of Education Realty Trust Inc. swung sharply to a gain of 1.7% in afternoon trade Wednesday, after The Wall Street Journal reported that it was in talks to be acquired by Greystar in a deal that could value the real estate investment trust at about $3.15 billion. Just prior to the WSJ report, Education Realty's stock was down about 1.5%. Greystar has offered to buy Education Realty for $41.50 a share, the WSJ report said, which is 3.5% above Tuesday's closing price of $40.09.
Student-housing owner Education Realty Trust Inc. is exploring a potential sale, according to people familiar with the matter. The real-estate investment trust is speaking with private-equity firms about a possible take-private transaction, the people said. On Friday, its shares traded up 3.8% to $37.94 after The Wall Street Journal reported on the talks.
MEMPHIS, Tenn., May 21, 2018 /PRNewswire/ -- EdR (EDR), one of the nation's largest developers, owners and managers of high quality collegiate housing communities, recently celebrated the ceremonial groundbreaking of SouthSide Commons with Lehigh University in Bethlehem, Pa. "This is an exciting day on the path to building an even stronger Lehigh as we look to grow our student body and strengthen ties with South Bethlehem," said John Simon, President of Lehigh University. SouthSide Commons will be a community of traditional apartments that will serve upper level undergraduates, transfer, international and graduate students.
NEW YORK, May 17, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Apogee ...
One of the more notable macro trends working against the REIT company is the fact that the college age population of 18 to 24 has been falling since 2015 and is modeled to decline through 2020, Rosivach said in a note. Granted, a direct correlation between the population trend and Education Realty's stock performance is "unclear," the fact is recent financial performance suggests a correlation can be made.
Zacks reported that the US REIT industry rebounded in March, and positive trend continued in April, after lackluster performance in the first two months of 2018. Specifically, total returns of 3.74% in March and 0.55% in April for the FTSE NAREIT All REIT Index managed to outpace the broader market, as the S&P 500 slipped 2.54% in March and inched up just 0.38% in April.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Over the past 10 years, Education Realty TrustRead More...
NEW YORK, NY / ACCESSWIRE / April 30, 2018 / Education Realty Trust, Inc. (NYSE: EDR ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 30, 2018 at 10:00 AM Eastern ...
MEMPHIS, Tenn. (AP) _ Education Realty Trust Inc. (EDR) on Monday reported a key measure of profitability in its first quarter. The real estate investment trust, based in Memphis, Tennessee, said it had funds from operations of $43.7 million, or 57 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 55 cents per share.
MEMPHIS, Tenn. , April 30, 2018 /PRNewswire/ -- EdR (NYSE: EDR) (the "Company"), one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today ...
Shares of Education Realty Trust Inc (NYSE:EDR) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.39 per share, investors must have owned the sharesRead More...
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 2. Over the last one-month, outflows of investor capital in ETFs holding EDR totaled $36 million.
MEMPHIS, Tenn. , April 12, 2018 /PRNewswire/ -- EdR (NYSE: EDR), a leader in the ownership, development and management of collegiate housing, announced today that its Board of Directors has approved a ...
South Memphis’ Knowledge Quest is known for its expansive after-school programs and organic urban farm. That farm will soon abut a college dormitory.
MEMPHIS, Tenn., April 3, 2018 /PRNewswire/ -- EdR (EDR), a national leader in the ownership, development and management of collegiate housing, today announced that the company will release financial results for the first quarter of 2018 before the market opens on Monday, April 30, 2018.
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MEMPHIS, Tenn., Feb. 28, 2018 /PRNewswire/ -- EdR (EDR), one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today announced that construction has begun on the College View mixed-use development on the campus of Mississippi State University (MSU). Plans call for construction of a multi-phased development that includes 656 residential beds for upperclassmen in Phase I, with delivery in the fall of 2019. College View will also feature 46,000 square feet of retail and commercial space, recreational amenities, an outdoor entertainment zone, a 7,000-square-foot day care center, and parking.
Education Realty Trust Inc (NYSE:EDR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.