Education Realty Trust (EDR) Tops Q3 FFO by 3c/Share
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UBS Reiterates Sell on Education Realty Trust (EDR) Following Announced Equity Deal
November 3, 2015 8:51 AM ESTUBS reiterated a Sell rating on Education Realty Trust (NYSE: EDR), and raised the price target to $32.00 (from $30.00), following the company's 3Q15 earnings results. 3Q15 Core FFO of $0.30 beat the consensus of $0.27. EDR lifted 2015 core guidance to $1.82-$1.85 (from $1.74-$1.82), which includes the impact of a 6.5m share follow-on... More
Education Realty Trust (EDR) Announces 6.5M Share Common Stock Offering
November 2, 2015 6:22 AM ESTEducation Realty Trust (NYSE: EDR) announced that it plans to sell 6.5 million shares of its common stock in an underwritten public offering. The company also plans to grant the underwriters a 30-day option to purchase up to 975,000 additional shares of common stock. BofA... More
