Somewhat Positive News Coverage Somewhat Unlikely to Impact American Campus Communities (ACC) Share Price
News articles about American Campus Communities (NYSE:ACC) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. 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 0.18 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.1382618638871 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- American Campus Communities Inc (ACC) Receives Consensus Recommendation of “Buy” from Analysts (americanbankingnews.com)
- American Campus Communities, Inc. : ACC-US: Dividend Analysis : August 14th, 2017 (record date) : By the numbers : September 13, 2017 (finance.yahoo.com)
- American Campus Communities (ACC) and American Homes 4 Rent (AMH) Head to Head Analysis (americanbankingnews.com)
- American Campus Communities Inc Valuation – September 2017 $ACC (moderngraham.com)
Several analysts recently issued reports on ACC shares. Zacks Investment Research upgraded American Campus Communities from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Wednesday, June 28th. KeyCorp restated a “buy” rating and issued a $56.00 price target on shares of American Campus Communities in a research note on Friday, August 25th. BidaskClub downgraded American Campus Communities from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Hilliard Lyons upgraded American Campus Communities from an “underperform” rating to a “neutral” rating in a research note on Friday, August 11th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of American Campus Communities in a research note on Thursday, August 10th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $53.13.
American Campus Communities (NYSE:ACC) opened at 47.75 on Thursday. The firm has a 50-day moving average price of $47.53 and a 200 day moving average price of $47.60. American Campus Communities has a one year low of $44.65 and a one year high of $52.53. The firm has a market capitalization of $6.51 billion, a PE ratio of 98.66 and a beta of 0.25.
American Campus Communities (NYSE:ACC) last posted its quarterly earnings results on Monday, July 24th. The real estate investment trust reported $0.53 EPS for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.01). American Campus Communities had a return on equity of 1.90% and a net margin of 8.59%. The company had revenue of $169.90 million during the quarter, compared to the consensus estimate of $169.50 million. During the same period in the previous year, the business earned $0.54 earnings per share. American Campus Communities’s revenue was down 3.1% on a year-over-year basis. Analysts anticipate that American Campus Communities will post $0.68 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, August 25th. Stockholders of record on Monday, August 14th were issued a $0.44 dividend. This is a positive change from American Campus Communities’s previous quarterly dividend of $0.42. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date was Thursday, August 10th. American Campus Communities’s dividend payout ratio (DPR) is presently 359.18%.
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About American Campus Communities
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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