Headlines about American Campus Communities (NYSE:ACC) have trended somewhat positive on Friday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American Campus Communities earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 45.475456003166 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- American Campus Communities (ACC) Upgraded by JMP Securities to Outperform (americanbankingnews.com)
- American Campus Communities’ (ACC) Buy Rating Reaffirmed at Canaccord Genuity (americanbankingnews.com)
- American Campus Communities (ACC) Upgraded at BidaskClub (americanbankingnews.com)
- American Campus Communities (ACC) to Release Quarterly Earnings on Monday (americanbankingnews.com)
- American Campus Communities (ACC) Downgraded by Sandler O’Neill (americanbankingnews.com)
Several equities research analysts recently weighed in on ACC shares. B. Riley set a $50.00 price target on shares of American Campus Communities and gave the company a “buy” rating in a research report on Tuesday, January 2nd. Zacks Investment Research cut shares of American Campus Communities from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Sandler O’Neill upgraded shares of American Campus Communities from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research report on Friday, January 12th. Hilliard Lyons upgraded shares of American Campus Communities from a “neutral” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Thursday, February 22nd. Finally, Citigroup reduced their price target on shares of American Campus Communities from $45.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, March 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $47.23.
Shares of American Campus Communities stock opened at $38.71 on Friday. The company has a market cap of $5,395.65, a price-to-earnings ratio of 17.19, a P/E/G ratio of 11.96 and a beta of 0.19. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.86. American Campus Communities has a 12-month low of $34.52 and a 12-month high of $49.93.
American Campus Communities (NYSE:ACC) last released its quarterly earnings data on Tuesday, February 20th. The real estate investment trust reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. The business had revenue of $227.60 million for the quarter, compared to the consensus estimate of $200.28 million. American Campus Communities had a net margin of 8.67% and a return on equity of 1.96%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.65 EPS. research analysts forecast that American Campus Communities will post 2.38 EPS for the current year.
In related news, Director John T. Rippel acquired 5,000 shares of the firm’s stock in a transaction on Friday, March 23rd. The shares were acquired at an average cost of $36.50 per share, with a total value of $182,500.00. Following the completion of the acquisition, the director now directly owns 3,040 shares in the company, valued at approximately $110,960. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.67% of the company’s stock.
About American Campus Communities
American Campus Communities, Inc is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties.
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