About American Campus Communities (NYSE:ACC)
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. The Wholly-Owned Properties segment consists of off-campus properties, which are located in close proximity to the school campus. The On-Campus Participating Properties segment includes on-campus properties that are operated under long-term ground/facility leases with three university systems. The Development Services segment consists of development and construction management services that it provides through one of its taxable REIT subsidiaries for third-party owners. The Property Management Services segment includes revenues generated from third-party management contracts.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Residential REITs
- Sub-Industry: Residential REITs
- Symbol: NYSE:ACC
- CUSIP: 02483510
- Web: www.americancampus.com
- Market Cap: $5.9509 billion
- Outstanding Shares: 136,426,000
- 50 Day Moving Avg: $46.08
- 200 Day Moving Avg: $47.13
- 52 Week Range: $43.43 - $52.53
Sales & Book Value:
- Trailing P/E Ratio: 90.12
- Foreward P/E Ratio: 17.59
- P/E Growth: 3.27
- Annual Revenue: $772.33 million
- Price / Sales: 7.71
- Book Value: $26.08 per share
- Price / Book: 1.67
- Annual Dividend: $1.76
- Dividend Yield: 4.0%
- EBITDA: $379.78 million
- Net Margins: 8.59%
- Return on Equity: 1.90%
- Return on Assets: 1.09%
- Debt-to-Equity Ratio: 0.66%
- Current Ratio: 0.98%
- Quick Ratio: 0.98%
- Average Volume: 669,431 shs.
- Beta: 0.26
- Short Ratio: 4.1
Frequently Asked Questions for American Campus Communities (NYSE:ACC)
What is American Campus Communities' stock symbol?
American Campus Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACC."
How often does American Campus Communities pay dividends? What is the dividend yield for American Campus Communities?
American Campus Communities announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Monday, August 14th will be given a dividend of $0.44 per share on Friday, August 25th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Thursday, August 10th. This is a boost from American Campus Communities's previous quarterly dividend of $0.42. View American Campus Communities' Dividend History.
How were American Campus Communities' earnings last quarter?
American Campus Communities Inc (NYSE:ACC) issued its earnings results on Monday, April, 24th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.00. The firm had revenue of $192.90 million for the quarter, compared to the consensus estimate of $183.61 million. American Campus Communities had a net margin of 8.59% and a return on equity of 1.90%. The business's revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.62 EPS. View American Campus Communities' Earnings History.
When will American Campus Communities make its next earnings announcement?
Where is American Campus Communities' stock going? Where will American Campus Communities' stock price be in 2017?
8 analysts have issued 1 year price objectives for American Campus Communities' shares. Their predictions range from $49.00 to $56.00. On average, they anticipate American Campus Communities' stock price to reach $53.67 in the next twelve months. View Analyst Ratings for American Campus Communities.
What are analysts saying about American Campus Communities stock?
Here are some recent quotes from research analysts about American Campus Communities stock:
- 1. According to Zacks Investment Research, "American Campus Communities, Inc. is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, leasing and management of student housing properties. " (10/16/2017)
- 2. Canaccord Genuity analysts commented, "We think this print is enough for a positive stock reaction tomorrow, but color on the call will also impact trading activity." (7/24/2017)
- 3. FBR & Co analysts commented, "We believe the highlight of ACC’s quarter was the guidance that 2017 NOI growth would be in the upper end of a relatively high (for student housing) NOI growth range. The guidance came in at +3.6% to +5.3%, expected to be driven by revenue growth of 2.6% to 3.4% and expense growth of 1.0% to 1.5%. This notably exceeds the conventional multifamily sector average of 175 bps on NOI. While no new ACE deals were announced, the company specified the timing and amount of one on- campus deal, and it announced two off-campus development deals for $87 million. Further, ACC put up what we view as strong same-community preleasing results (+70 bps YOY)." (2/22/2017)
Who are some of American Campus Communities' key competitors?
Some companies that are related to American Campus Communities include United Dominion Realty Trust (UDR), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Sun Communities (SUI), Apartment Investment and Management Company (AIV), American Homes 4 Rent (AMH), Colony Starwood Homes (SFR), Two Harbors Investments Corp (TWO), Education Realty Trust (EDR), Monogram Residential Trust (MORE), Associated Estates Realty (AEC), ARMOUR Residential REIT (ARR), New Senior Investment Group (SNR), Independence Realty Trust (IRT), Preferred Apartment Communities (APTS), Altisource Residential Corporation (RESI), Campus Crest Communities (CCG) and UMH Properties (UMH).
Who are American Campus Communities' key executives?
American Campus Communities' management team includes the folowing people:
- James Clarence Hopke Jr., President
- William C. Bayless Jr., Chief Executive Officer, Director
- Daniel B. Perry, Chief Financial Officer, Executive Vice President, Treasurer, Secretary
- Jennifer Beese, Chief Operating Officer, Executive Vice President
- Jorge de Cardenas, Executive Vice President, Chief Technology Officer
- Kim K. Voss, Executive Vice President, Chief Accounting Officer, Assistant Secretary
- William W. Talbot, Executive Vice President, Chief Investment Officer
- James E. Wilhelm III, Executive Vice President - Public - Private Transaction
- Edward Lowenthal, Non-Executive Independent Chairman of the Board
- Blakeley W. Chandlee, Independent Director
Who owns American Campus Communities stock?
American Campus Communities' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (0.80%) and State Treasurer State of Michigan (0.04%). Company insiders that own American Campus Communities stock include Cardenas Jorge De, Daniel Perry, Dennis G Lopez, Edward Lowenthal, G Steven Dawson, James Clarence Hopke Jr, James E Wilhelm III, Jennifer Beese, Jonathan Albert Graf, Kim K Voss, William C Bayless Jr and William W Talbot. View Institutional Ownership Trends for American Campus Communities.
Who sold American Campus Communities stock? Who is selling American Campus Communities stock?
American Campus Communities' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold American Campus Communities stock in the last year include James E Wilhelm III, Jennifer Beese and William C Bayless Jr. View Insider Buying and Selling for American Campus Communities.
Who bought American Campus Communities stock? Who is buying American Campus Communities stock?
How do I buy American Campus Communities stock?
Shares of American Campus Communities can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is American Campus Communities' stock price today?
MarketBeat Community Rating for American Campus Communities (NYSE ACC)MarketBeat's community ratings are surveys of what our community members think about American Campus Communities and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of American Campus Communities stock can currently be purchased for approximately $43.62.
Consensus Ratings for American Campus Communities (NYSE:ACC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.63)|
|Consensus Price Target: ||$53.67 (23.03% upside)|Consensus Price Target History for American Campus Communities (NYSE:ACC)
Analysts' Ratings History for American Campus Communities (NYSE:ACC)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/25/2017||FBR & Co||Reiterated Rating||Buy||Medium|
|8/11/2017||Hilliard Lyons||Upgrade||Underperform -> Neutral||Medium|
|8/10/2017||Cantor Fitzgerald||Reiterated Rating||Overweight||Low|
|7/26/2017||Sandler O'Neill||Downgrade||Buy -> Hold||$55.00 -> $50.00||Low|
|7/24/2017||Canaccord Genuity||Reiterated Rating||Buy||$56.00||High|
|7/10/2017||JMP Securities||Upgrade||Market Perform -> Outperform||$55.00||Low|
|6/19/2017||Evercore ISI||Upgrade||Underperform -> In-Line||$48.00 -> $49.00||Low|
|9/28/2016||Robert W. Baird||Upgrade||Outperform||N/A|
|9/23/2016||Capital One Financial Corporation||Initiated Coverage||Equal Weight||$49.00||N/A|
|8/10/2016||Deutsche Bank AG||Boost Price Target||Hold||$47.00 -> $48.00||N/A|
|7/27/2016||J P Morgan Chase & Co||Boost Price Target||Neutral||$47.00 -> $48.00||N/A|
|7/7/2016||Citigroup Inc.||Boost Price Target||Neutral||$45.00 -> $52.00||N/A|
|5/4/2016||Argus||Downgrade||Buy -> Hold||N/A|
|12/3/2015||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$37.00||N/A|
Earnings History for American Campus Communities (NYSE:ACC)Earnings History by Quarter for American Campus Communities (NYSE ACC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/24/2017||Q2 2017||$0.54||$0.53||$169.50 million||$169.90 million||View||N/A|
|4/24/2017||Q1 2017||$0.62||$0.62||$183.61 million||$192.90 million||View||N/A|
|2/21/2017||Q416||$0.65||$0.65||$195.84 million||$204.00 million||View||N/A|
|10/24/2016||Q316||$0.43||$0.45||$183.69 million||$196.40 million||View||N/A|
|7/25/2016||Q216||$0.52||$0.54||$174.85 million||$186.00 million||View||N/A|
|4/25/2016||Q116||$0.63||$0.62||$189.23 million||$200.00 million||View||N/A|
|2/22/2016||Q415||$0.68||$0.69||$186.38 million||$202.20 million||View||Listen|
|10/26/2015||Q315||$0.42||$0.43||$168.88 million||$180.80 million||View||Listen|
|7/27/2015||Q215||$0.57||$0.57||$169.23 million||$177.90 million||View||Listen|
|4/27/2015||Q115||$0.66||$0.67||$184.45 million||$192.50 million||View||N/A|
|2/17/2015||Q414||$0.68||$0.70||$177.67 million||$196.82 million||View||N/A|
|7/22/2014||Q214||$0.56||$0.58||$164.17 million||$171.98 million||View||N/A|
|4/22/2014||Q114||$0.64||$0.66||$174.28 million||$183.18 million||View||N/A|
|2/11/2014||Q413||$0.64||$0.68||$167.69 million||$182.70 million||View||N/A|
|7/23/2013||Q213||$0.56||$0.53||$155.36 million||$154.40 million||View||N/A|
|4/23/2013||$0.64||$0.64||$159.40 million||$165.64 million||View||N/A|
|2/12/2013||Q4 2012||$0.54||$0.59||$142.54 million||$143.70 million||View||N/A|
Earnings Estimates for American Campus Communities (NYSE:ACC)
2017 EPS Consensus Estimate: $2.36
2018 EPS Consensus Estimate: $2.54
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for American Campus Communities (NYSE:ACC)
|Most Recent Dividend:||8/25/2017|
|Dividend Growth:||5.40% (3 Year Average)|
|Payout Ratio:||359.18% (Trailing 12 Months of Earnings) |
76.19% (Based on This Year's Estimates)
70.97% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for American Campus Communities (NYSE ACC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for American Campus Communities (NYSE:ACC)
Insider Ownership Percentage: 0.67%Insider Trades by Quarter for American Campus Communities (NYSE:ACC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/1/2017||James E Wilhelm III||EVP||Sell||4,202||$50.54||$212,369.08|| |
|11/9/2016||Cardenas Jorge De||EVP||Buy||200||$47.93||$9,586.00|| |
|11/4/2016||Jennifer Beese||EVP||Sell||856||$48.45||$41,473.20|| |
|10/27/2016||William C Bayless Jr||Insider||Sell||12,409||$50.11||$621,814.99|| |
|8/8/2016||James E Wilhelm III||EVP||Sell||6,349||$52.51||$333,385.99|| |
|6/28/2016||James E Wilhelm III||EVP||Sell||1,150||$51.51||$59,236.50|| |
|6/22/2016||Daniel Perry||EVP||Sell||4,096||$49.05||$200,908.80|| |
|5/10/2016||Edward Lowenthal||Director||Sell||2,000||$48.21||$96,420.00|| |
|4/7/2016||Dennis G Lopez||Director||Sell||1,856||$46.08||$85,524.48|| |
|4/7/2016||William W Talbot||EVP||Sell||5,435||$46.00||$250,010.00|| |
|3/28/2016||James Clarence Hopke Jr||COO||Sell||6,498||$45.73||$297,153.54|| |
|3/16/2016||Jonathan Albert Graf||CFO||Sell||300||$46.50||$13,950.00|| |
|3/15/2016||G Steven Dawson||Director||Sell||12,000||$45.52||$546,240.00|| |
|3/15/2016||Kim K Voss||VP||Sell||5,800||$45.49||$263,842.00|| |
|3/20/2015||Winston W Walker||Director||Sell||5,073||$42.58||$216,008.34|| |
|1/30/2015||Winston W Walker||Director||Sell||4,000||$44.26||$177,040.00|| |
|1/29/2015||Winston W Walker||Director||Sell||4,000||$44.69||$178,760.00|| |
|1/20/2015||Winston W Walker||Director||Sell||4,200||$43.96||$184,632.00|| |
|8/27/2014||Jason R Wills||SVP||Sell||1,918||$39.33||$75,434.94|| |
|5/30/2014||Jason R Wills||SVP||Sell||1,889||$38.75||$73,198.75|| |
|3/28/2014||Jennifer Beese||Insider||Sell||2,765||$37.35||$103,272.75|| |
|12/2/2013||Jonathan Albert Graf||CFO||Buy||3,000||$32.00||$96,000.00|| |
|9/6/2013||G Steven Dawson||Director||Buy||5,000||$34.00||$170,000.00|| |
|8/16/2013||James Wilhelm III||EVP||Buy||1,150||$34.97||$40,215.50|| |
|8/14/2013||Jonathan Albert Graf||CFO||Buy||2,000||$35.50||$71,000.00|| |
|8/7/2013||Greg Dowell||COO||Buy||1,000||$37.44||$37,440.00|| |
|7/29/2013||Jonathan Albert Graf||CFO||Buy||1,700||$39.82||$67,694.00|| |
|7/29/2013||R D Burck||Director||Buy||2,000||$39.59||$79,180.00|| |
|7/26/2013||Greg A Dowell||COO||Buy||1,000||$39.94||$39,940.00|| |
|4/26/2013||G Steven Dawson||Director||Buy||7,700||$42.74||$329,098.00|| |
|4/26/2013||Jonathan Albert Graf||CFO||Buy||1,800||$42.50||$76,500.00|| |
|2/28/2013||G Steven Dawson||Director||Buy||1,215||$45.20||$54,918.00|| |
|11/13/2012||G Steven Dawson||Director||Buy||1,300||$44.65||$58,045.00|| |
Headline Trends for American Campus Communities (NYSE:ACC)
Latest Headlines for American Campus Communities (NYSE:ACC)
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American Campus Communities (ACC) Chart for Monday, October, 23, 2017