Campus Crest Communities, Inc. is a United States-based real estate investment trust (REIT). The Company is engaged in owning and managing a student housing portfolio located close to college campuses. It operates through three segments: Grove and evo operations, Copper Beech operations and property management services. It operates its properties under brands, including The Grove, Copper Beech and evo. It has ownership interests in over 40 student housing Grove properties equipped with approximately 9,100 apartment units and over 24,700 beds. It holds ownership interests in over three evo properties as joint ventures equipped with approximately 1,500 units and over 3,000 beds. It holds interest in over 30 Copper Beech properties equipped with approximately 4,500 units and over 12,200 beds, and ownership interests in over five properties with approximately 1,700 units and over 4,300 beds. It has ownership interests in approximately 80 student housing properties across North America.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Residential REITs
- Sub-Industry: Residential REITs
- Symbol: NYSE:CCG
- CUSIP: 13466Y10
- Web: www.campuscrest.com/
- Market Cap: $542.96 million
- Outstanding Shares: 77,565,000
- 50 Day Moving Avg: $7.00
- 200 Day Moving Avg: $6.00
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 10.00
- P/E Growth: 0
- Net Margins: -31.59%
- Return on Equity: -12.51%
- Return on Assets: -3.56%
Frequently Asked Questions for Campus Crest Communities (NYSE:CCG)
What is Campus Crest Communities' stock symbol?
Campus Crest Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCG."
How were Campus Crest Communities' earnings last quarter?
Campus Crest Communities Inc (NYSE:CCG) issued its earnings results on Tuesday, September, 29th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.05. The company had revenue of $45.70 million for the quarter. Campus Crest Communities had a negative net margin of 31.59% and a negative return on equity of 12.51%. The company's revenue for the quarter was up 83.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 earnings per share. View Campus Crest Communities' Earnings History.
Who are some of Campus Crest Communities' key competitors?
Some companies that are related to Campus Crest Communities include New Senior Investment Group (SNR), Preferred Apartment Communities (APTS), Altisource Residential Corporation (RESI), American Residential Properties (ARPI), UMH Properties (UMH), NexPoint Residential Trust (NXRT), NexPoint Residential Trust (NXRT), Bluerock Residential Growth REIT (BRG), Clipper Realty (CLPR), Bluerock Residential Growth REIT (BRG), Colony Capital (CLNY), Home Properties (HME), Independence Realty Trust (IRT), Post Properties (PPS) and Silver Bay Realty Trust Corp (SBY).
How do I buy Campus Crest Communities stock?
Shares of Campus Crest 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 Campus Crest Communities' stock price today?
MarketBeat Community Rating for Campus Crest Communities (NYSE CCG)MarketBeat's community ratings are surveys of what our community members think about Campus Crest 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 Campus Crest Communities stock can currently be purchased for approximately $7.00.
Consensus Ratings for Campus Crest Communities (NYSE:CCG) (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: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Campus Crest Communities (NYSE:CCG)
(Data available from 9/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|1/21/2016||Wunderlich||Downgrade||Buy -> Hold||$8.00 -> $7.00||N/A|
|10/26/2015||Raymond James Financial, Inc.||Downgrade||Market Perform -> Underperform||N/A|
|10/2/2015||Citigroup Inc.||Lower Price Target||Neutral||$6.50 -> $6.00||N/A|
Earnings History for Campus Crest Communities (NYSE:CCG)Earnings History by Quarter for Campus Crest Communities (NYSE CCG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/16/2015||Q115||$0.15||$0.10||$48.92 million||$40.33 million||View||Listen|
|2/26/2015||Q414||$0.13||$0.05||$28.30 million||$28.70 million||View||N/A|
|11/4/2014||Q314||$0.16||$0.15||$27.83 million||$27.00 million||View||N/A|
|7/31/2014||Q2||$0.17||$0.16||$24.26 million||$35.25 million||View||N/A|
|4/29/2014||Q114||$0.17||$0.17||$24.62 million||$32.04 million||View||N/A|
Earnings Estimates for Campus Crest Communities (NYSE:CCG)
Current Year EPS Consensus Estimate: $0.48 EPS
Next Year EPS Consensus Estimate: $0.70 EPS
Current Dividend Information for Campus Crest Communities (NYSE:CCG)
|Most Recent Dividend:||1/29/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Campus Crest Communities (NYSE CCG)
(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 Campus Crest Communities (NYSE:CCG)Insider Trades by Quarter for Campus Crest Communities (NYSE:CCG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/20/2016||Raymond C. Mikulich||Director||Buy||20,000||$6.75||$135,000.00|| |
|1/15/2016||Raymond C Mikulich||Director||Buy||10,000||$6.77||$67,700.00|| |
|12/23/2015||Raymond C Mikulich||Director||Buy||10,000||$6.78||$67,800.00|| |
|11/25/2015||Raymond C Mikulich||Director||Buy||9,918||$6.60||$65,458.80|| |
|11/24/2015||Aaron Scott Halfacre||Insider||Buy||10,000||$6.61||$66,100.00|| |
|11/24/2015||Raymond C. Mikulich||Director||Buy||28,913||$6.62||$191,404.06|| |
|11/20/2015||Raymond C Mikulich||Director||Buy||1,087||$6.60||$7,174.20|| |
|7/31/2014||Aaron Scott Halfacre||EVP||Buy||100,000||$8.13||$813,000.00|| |
|3/4/2014||Robert Dann||EVP||Buy||4,000||$8.28||$33,120.00|| |
|3/3/2014||Ted Rollins||CEO||Buy||6,000||$8.23||$49,380.00|| |
|6/12/2013||Ted W Rollins||CEO||Buy||4,080||$12.06||$49,204.80|| |
|6/11/2013||Robert Dann||EVP||Buy||2,068||$12.09||$25,002.12|| |
|6/6/2013||Richard S Kahlbaugh||Director||Sell||2,000||$12.28||$24,560.00|| |
|12/21/2012||Scott R Rochon||SVP||Buy||1,500||$12.12||$18,180.00|| |
Headline Trends for Campus Crest Communities (NYSE:CCG)
Latest Headlines for Campus Crest Communities (NYSE:CCG)
|NexPoint Residential Trust (NXRT) versus Campus Crest Communities (CCG) Head-To-Head Survey|
www.americanbankingnews.com - September 16 at 10:20 PM
|Head to Head Contrast: Campus Crest Communities (CCG) versus Altisource Residential Corporation (RESI)|
www.americanbankingnews.com - September 1 at 8:20 PM
|Starwood Waypoint Homes (SFR) vs. Campus Crest Communities (CCG) Critical Review|
www.americanbankingnews.com - August 4 at 7:42 AM
|CAMPUS CREST COMMUNITIES, INC. Financials|
finance.yahoo.com - March 8 at 1:04 PM
|Chicago firm completes purchase of Charlotte-based Campus Crest|
www.bizjournals.com - March 4 at 1:25 PM
|Harrison Street Real Estate Capital Completes $1.9 Billion Acquisition of Campus Crest Communities - GlobeNewswire (press release)|
globenewswire.com - March 4 at 11:32 AM
|Harrison Street Completes the Acquisition of Campus Crest - PR Newswire (press release)|
www.prnewswire.com - March 3 at 6:28 PM
|Harrison Street Real Estate Capital Completes $1.9 Billion Acquisition of Campus Crest Communities|
finance.yahoo.com - March 2 at 6:14 PM
|CAMPUS CREST COMMUNITIES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Mater|
biz.yahoo.com - March 2 at 5:45 PM
|Harrison Street Completes the Acquisition of Campus Crest|
finance.yahoo.com - March 2 at 5:08 PM
|CAMPUS CREST COMMUNITIES, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - February 29 at 2:50 PM
|8:16 am Campus Crest Communities expect previously announced merger with an affiliate of Harrison Street Real Estate to occur on March 2|
finance.yahoo.com - February 29 at 8:16 AM
|Campus Crest Communities, Inc. Announces Tax Reporting Information for 2015 Dividends|
finance.yahoo.com - February 25 at 4:15 PM
|REIT - Diversified Stocks Highlight -- Campus Crest Communities, Vornado Realty Trust, Cyrusone, and American Capital Mortgage Investment|
finance.yahoo.com - February 22 at 8:00 AM
|CAMPUS CREST COMMUNITIES, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events,|
biz.yahoo.com - January 27 at 4:17 PM
Campus Crest Communities (CCG) Chart for Tuesday, September, 26, 2017