News coverage about American Campus Communities (NYSE:ACC) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Campus Communities earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 46.2906173413054 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- America Apartment Communities, Inc. (MAA) Receives Consensus Recommendation of “Buy” from Analysts (vothemes.com)
- American Campus Communities Inc (NYSE:ACC) Announces Quarterly Earnings Results (expressnewsline.com)
- Zacks: Analysts Anticipate American Campus Communities Inc (NYSE:ACC) Will Announce Quarterly Sales of $183.98 Million (americanbankingnews.com)
- Zacks: Analysts Anticipate American Campus Communities Inc (ACC) to Post $0.48 EPS (americanbankingnews.com)
- Hilliard Lyons Upgrades American Campus Communities Inc (ACC) to “Neutral” (americanbankingnews.com)
Several research analysts recently commented on the company. Hilliard Lyons upgraded American Campus Communities from an “underperform” rating to a “neutral” rating in a research report on Friday, August 11th. Cantor Fitzgerald reiterated an “overweight” rating on shares of American Campus Communities in a research report on Thursday, August 10th. TheStreet lowered American Campus Communities from a “b” rating to a “c+” rating in a research report on Monday, July 24th. Sandler O’Neill lowered American Campus Communities from a “buy” rating to a “hold” rating and dropped their price target for the stock from $55.00 to $50.00 in a research report on Wednesday, July 26th. Finally, BidaskClub upgraded American Campus Communities from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. American Campus Communities presently has a consensus rating of “Buy” and a consensus target price of $52.71.
Shares of American Campus Communities (NYSE:ACC) opened at 47.42 on Thursday. The firm has a 50-day moving average of $47.35 and a 200 day moving average of $47.79. American Campus Communities has a 52 week low of $44.65 and a 52 week high of $52.53. The company has a market cap of $6.47 billion, a P/E ratio of 97.98 and a beta of 0.25.
American Campus Communities (NYSE:ACC) last posted its quarterly earnings results on Monday, July 24th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.01. American Campus Communities had a net margin of 8.59% and a return on equity of 1.90%. The firm had revenue of $169.90 million during the quarter, compared to analysts’ expectations of $169.50 million. During the same period last year, the company earned $0.54 EPS. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Equities analysts expect that American Campus Communities will post $0.68 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Monday, August 14th will be paid a $0.44 dividend. This is a boost from American Campus Communities’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, August 10th. This represents a $1.76 annualized dividend and a dividend yield of 3.71%. American Campus Communities’s dividend payout ratio is 359.18%.
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About American Campus Communities
American Campus Communities, Inc is a self-managed and self-administered equity real estate investment trust (REIT). The Company’s segments include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. It is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties.
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