Media headlines about American Campus Communities (NYSE:ACC) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Campus Communities earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.6219985008753 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
American Campus Communities (NYSE:ACC) traded down $0.24 on Friday, reaching $38.95. 1,380,000 shares of the company’s stock were exchanged, compared to its average volume of 871,731. American Campus Communities has a one year low of $38.77 and a one year high of $51.70. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $5,313.79, a PE ratio of 95.00, a price-to-earnings-growth ratio of 12.29 and a beta of 0.28.
A number of equities analysts have recently issued reports on the stock. Citigroup reiterated a “neutral” rating on shares of American Campus Communities in a research note on Friday, October 27th. Zacks Investment Research downgraded shares of American Campus Communities from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. FBR & Co restated a “buy” rating on shares of American Campus Communities in a research note on Monday, September 25th. B. Riley set a $50.00 price objective on shares of American Campus Communities and gave the stock a “buy” rating in a research note on Tuesday, January 2nd. Finally, Argus upgraded shares of American Campus Communities from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $49.50.
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American Campus Communities Company Profile
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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