News articles about American Campus Communities (NYSE:ACC) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of 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 0.13 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.6801935221978 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
American Campus Communities stock opened at $38.47 on Friday. The stock has a market capitalization of $5,166.34, a PE ratio of 16.65, a PEG ratio of 11.45 and a beta of 0.19. The company has a current ratio of 1.77, a quick ratio of 1.38 and a debt-to-equity ratio of 0.90. American Campus Communities has a 12 month low of $34.52 and a 12 month high of $49.26.
American Campus Communities (NYSE:ACC) last released its quarterly earnings data on Monday, April 23rd. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.45). The firm had revenue of $220.40 million during the quarter, compared to analysts’ expectations of $207.53 million. American Campus Communities had a return on equity of 1.73% and a net margin of 7.39%. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.62 earnings per share. equities analysts forecast that American Campus Communities will post 2.38 earnings per share for the current fiscal year.
ACC has been the topic of a number of research analyst reports. Sandler O’Neill reissued a “buy” rating and issued a $43.00 price target on shares of American Campus Communities in a research note on Monday, February 26th. Hilliard Lyons raised American Campus Communities from a “neutral” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Thursday, February 22nd. B. Riley set a $50.00 price target on American Campus Communities and gave the stock a “buy” rating in a research note on Wednesday, February 21st. Zacks Investment Research raised American Campus Communities from a “sell” rating to a “hold” rating in a research note on Monday, February 26th. Finally, Deutsche Bank raised their price target on American Campus Communities from $42.00 to $43.00 and gave the stock a “hold” rating in a research note on Wednesday, March 28th. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $47.23.
In other news, Director John T. Rippel acquired 5,000 shares of the business’s stock in a transaction dated Friday, March 23rd. The shares were bought at an average cost of $36.50 per share, for a total transaction of $182,500.00. Following the acquisition, the director now directly owns 3,040 shares in the company, valued at approximately $110,960. The purchase was disclosed in a filing with the SEC, which is available through this link. 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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