EdR Collegiate Housing (EDR:NYSE) is one of America's largest owners, developers and managers of collegiate housing. Formerly known as Education Realty Trust, EdR is a self-administered and self-managed real estate investment trust (REIT) specializing in student housing. We provide development, financing, construction oversight and management services for universities who want to increase or update their student housing. Our owned portfolio includes on- and off-campus apartments serving top tier universities across the nation. Each of our collegiate housing communities is specifically designed to fit the needs, setting and personality of the university and its intended residents. Whether EdR is creating freshmen living-learning centers or upscale, independent apartments for graduate students, faculty and staff, each is appointed with market attractive amenities including the latest internet and Wi-Fi technologies. EdR's experienced and respected team provides impressive facilities and valuable services to our customers — universities, owners, residents and families. EdR built its first collegiate community in 1964 at the University of North Carolina at Chapel Hill. Since 2000 EdR has been awarded the development of more than $1.8 billion in on-campus collegiate housing and has acquired more than $1 billion in off-campus collegiate communities.
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Type
Public
HQ
Memphis, US
Founded
1952
Size (employees)
1,280 (est)
EDR was founded in 1952 and is headquartered in Memphis, US
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EDR Office Locations

EDR has an office in Memphis
Memphis, US (HQ)
600 999 S Shady Grove Rd
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EDR Financials and Metrics

EDR Revenue

EDR's revenue was reported to be $331.07 m in FY, 2017
USD

Revenue (Q1, 2018)

90.7 m

Net income (Q1, 2018)

40.6 m

EBIT (Q1, 2018)

24.4 m

Market capitalization (11-Jul-2018)

3.4 b

Closing share price (11-Jul-2018)

41.9

Cash (31-Mar-2018)

22.9 m
EDR's current market capitalization is $3.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

184.4 m225.8 m255.2 m289 m331.1 m

Revenue growth, %

22%13%13%

General and administrative expense

11.6 m14.4 m

Operating expense total

11.6 m268.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

44.2 m54.5 m50 m54.7 m64.1 m57.3 m58.2 m73.4 b65.1 b66.2 b85.8 b74 m75.4 m90.7 m

General and administrative expense

1.7 m2.1 m2 m3.4 m2.6 m2.6 m1.4 m3.1 b3.1 b2.7 b3.4 b3.3 m2.8 m2.9 m

Operating expense total

43.7 m46.2 m53.7 m52.9 m50.3 m48.4 m55.8 m53.2 b55.7 b65 b67.4 b65.4 m71.5 m66.3 m

Depreciation and amortization

22.5 m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

22.1 m33.7 m34.5 m24.8 m

Accounts Receivable

85.2 m

Inventories

Goodwill

3.1 m3.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

16.3 m9 m11.2 m18.4 m23.6 m17.1 m14.2 m195.8 m230.4 m115.5 m34.9 m33.5 m47.5 m22.9 m

Total Assets

1.5 b1.6 b1.7 b1.8 b1.9 b1.9 b2 b2.2 b2.5 b2.5 b2.7 b2.8 b2.9 b3.1 b

Accounts Payable

2.9 m6.8 m4.5 m5.3 m87.2 m83.3 m92.1 m93.5 m114.4 m125.4 m135.8 m162.8 m181.7 m152.9 m

Total Liabilities

794.3 m892.6 m713.2 m829.3 m846 m895 m1 b665.8 m659.1 m652.8 m884.8 m984.6 m1 b1.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

4.6 m20.1 m44.7 m

Depreciation and Amortization

48.1 m68 b81.4 m

Inventories

Accounts Payable

(8.8 m)(1.7 m)2.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(4.5 m)12.5 m(8.8 m)21.4 m7.1 m9.9 m5.1 m16.8 m34.3 m30.4 m16.1 m21.8 m21.2 m40.6 m

Depreciation and Amortization

11.7 m13.8 m14.5 m14.7 m15.9 m31.8 m49.6 m17.5 m36.6 m59 m25.8 m50.4 m72.8 m22.5 m

Accounts Payable

4.5 m5.3 m87.2 m83.3 m92.1 m93.5 m114.4 m125.4 m135.8 m

Cash From Operating Activities

17.2 m45.6 m66.2 m37.6 m60.1 m99.6 m45.6 m69.2 m120.9 m31 m
USDY, 2018

Financial Leverage

1.6 x
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EDR Online and Social Media Presence

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EDR News and Updates

Cynet raises $13 million to simplify enterprise cybersecurity

EXCLUSIVE: Cynet has raised $13 million in funding for its enterprise-grade cybersecurity platform, which the company describes as a dashboard focused on holistic detection and response. The Cynet 360 cybersecurity platform is targeted at both large and small companies, and it seeks to enable them t…

WeissLaw LLP: Education Realty Trust, Inc. Acquisition May Not Be In The Best Interest of EDR Shareholders

NEW YORK, June 25, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Education Realty Trust, Inc. ("EDR" or the "Company") (NYSE: EDR) in connection with the proposed acquisition of the Company...

UK CISOs are worried about a skills shortage

IT teams are under-resourced and too small to deal with today's advanced threats.
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EDR Company Life and Culture

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