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Did You Know There's A Student Housing REIT?
Wednesday, September 7, 2016 - 9:06am | 328Education Realty Trust, Inc. (NYSE: EDR), a little-known company among investors, is a $3.4 billion student housing real estate investment trust (REIT). On Wednesday, Michael Bilerman of Citi Research initiated coverage of the stock with a Neutral rating and $46 price target. According to Bilerman...
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Education Realty Trust Announces New Joint Venture Developments As Part Of Nationwide Expansion Of Footprint
Friday, January 8, 2016 - 10:08am | 194Education Realty Trust, Inc. (NYSE: EDR), an REIT that focuses on collegiate housing communities near university campuses, on Thursday announced two new joint venture developments that are scheduled for 2017. Education Realty Trust stated that it entered into a joint-venture agreement...
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Bank of America Comments on Investor Day with Education Realty Trust
Thursday, June 30, 2011 - 8:55am | 125Education Realty Trust (NYSE: EDR) hosted an investor day and property tour in Charlottesville, VA, in which “members of the team highlighted the changes incorporated over the last 18 months to better position the company for 3-5% SS NOI growth, which assumes +1.1% college enrollment growth through...
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Oppenheimer Maintains Outperform on Education Realty Trust (EDR)
Monday, April 25, 2011 - 8:39am | 132Oppenheimer is out with its report today on Education Realty Trust (NYSE: EDR), maintaining Outperform. In a note to clients, Oppenheimer writes, "Management raised the midpoint of core 2011 FFO guidance by $0.02 (5.3%), from $0.36-$0.40 to $0.38-$0.42 per share. We are increasing our 2011 core...
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Morgan Keegan Lowers PT On Education Realty Trust To $8.50
Monday, February 14, 2011 - 9:02am | 28Morgan Keegan has lowered the price target on Educaiton Realty Trust (NYSE: EDR) from $9 to $8.50 and maintains its Outperform rating.
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JP Morgan's Upgrades For January 14, 2011
Friday, January 14, 2011 - 10:32am | 158JP Morgan has upgraded the following companies: Brookfield Properties (NYSE: BPO) $17.57 To Neutral from Underweight, $17.00 to $15.00 DCT Industrial Trust (NYSE: DCT) $5.43 To Neutral from Underweight. $5.00 Education Realty Trust (NYSE: EDR) $7.45 To Neutral from Underweight, $7.00 to $6.00...
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KBW Adjusts EDR Estimates
Wednesday, January 5, 2011 - 10:45am | 77“New 2011 and 2012 estimates are $0.39 and $0.46; NAV now $8.00/sh,” KBW said in a report this morning. “All-in we estimate Education Realty Trust, Inc. Co. (NYSE: EDR) is issuing equity at an implied economic cap rate of 6.4% (assuming $7.75/sh, 5% fees) and would not be surprised if EDR has an...