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.
Company Growth (employees)
Type
Public
HQ
Memphis, US
Founded
1952
Size (employees)
1,280 (est)
EDR was founded in 1952 and is headquartered in Memphis, US

EDR Office Locations

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

EDR Financials and Metrics

EDR Financials

EDR's revenue was reported to be $85.8 b in Q1, 2017
USD

Revenue (Q1, 2017)

85.8 b

Net income (Q1, 2017)

16.1 b

EBIT (Q1, 2017)

18.4 b

Market capitalization (16-Oct-2017)

2.7 b

Cash (31-Mar-2017)

34.9 m
EDR's current market capitalization is $2.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

184.4 m225.8 m255.2 m289 m

Revenue growth, %

22%13%13%

General and administrative expense

11.6 m

Operating expense total

11.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

50 m54.7 m64.1 m57.3 m58.2 m73.4 b65.1 b66.2 b85.8 b

General and administrative expense

2 m3.4 m2.6 m2.6 m1.4 m3.1 b3.1 b2.7 b3.4 b

Operating expense total

2 m3.4 m2.6 m2.6 m1.4 m3.1 b3.1 b2.7 b3.4 b

EBIT

(3.7 m)1.8 m13.8 m8.9 m2.4 m20.2 b9.5 b1.2 b18.4 b
USDFY, 2013FY, 2015FY, 2016

Cash

22.1 m33.7 m34.5 m

Accounts Receivable

85.2 m

Goodwill

3.1 m

Total Assets

1.6 b2 b2.5 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

11.2 m18.4 m23.6 m17.1 m14.2 m195.8 m230.4 m115.5 m34.9 m

Total Assets

1.7 b1.8 b1.9 b1.9 b2 b2.2 b2.5 b2.5 b2.7 b

Accounts Payable

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

Additional Paid-in Capital

1 b1 b1 b1 b996 m1.5 b1.8 b1.8 b1.8 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

4.6 m20.1 m44.7 m

Depreciation and Amortization

48.1 m68 b81.4 m

Accounts Payable

(8.8 m)(1.7 m)2.7 m

Cash From Operating Activities

77.4 m(3.7 m)99.9 m132.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(8.8 m)21.4 m7.1 m2.8 m(4.9 m)16.8 b17.5 b(3.9 b)16.1 b

Depreciation and Amortization

14.5 m14.7 m15.9 m15.9 m17.8 m17.5 b19.1 b22.3 b25.8 b

Accounts Payable

4.5 m5.3 m87.2 m83.3 m92.1 m93.5 m114.4 m125.4 m135.8 m
USDY, 2017

Revenue/Employee

67 m

Financial Leverage

1.5 x
Show all financial metrics

EDR Market Value History

Traffic Overview of EDR

EDR Online and Social Media Presence

EDR Company Life and Culture

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