American Campus Communities (ACC) Scheduled to Post Earnings on Monday

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American Campus Communities (NYSE:ACC) will release its earnings data after the market closes on Monday, October 22nd. Analysts expect American Campus Communities to post earnings of $0.44 per share for the quarter. American Campus Communities has set its FY18 guidance at $2.33-2.43 EPS.

American Campus Communities (NYSE:ACC) last announced its quarterly earnings results on Monday, July 23rd. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.01). American Campus Communities had a return on equity of 3.29% and a net margin of 12.97%. The business had revenue of $190.20 million during the quarter, compared to the consensus estimate of $190.23 million. During the same quarter last year, the company earned $0.53 earnings per share. The firm’s revenue was up 11.9% compared to the same quarter last year. On average, analysts expect American Campus Communities to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of American Campus Communities stock opened at $40.30 on Friday. American Campus Communities has a 1 year low of $34.52 and a 1 year high of $43.86. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 17.39 and a beta of 0.14. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.77.

A number of research analysts recently issued reports on the company. JMP Securities reiterated a “buy” rating and set a $49.00 price objective on shares of American Campus Communities in a report on Tuesday. Zacks Investment Research upgraded American Campus Communities from a “sell” rating to a “hold” rating in a report on Thursday, October 4th. ValuEngine upgraded American Campus Communities from a “sell” rating to a “hold” rating in a report on Wednesday, September 12th. Deutsche Bank increased their price objective on American Campus Communities from $42.00 to $45.00 and gave the stock a “hold” rating in a report on Wednesday, September 5th. Finally, TheStreet upgraded American Campus Communities from a “c” rating to a “b-” rating in a report on Tuesday, July 24th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. American Campus Communities currently has an average rating of “Buy” and a consensus target price of $46.05.

American Campus Communities Company Profile

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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Earnings History for American Campus Communities (NYSE:ACC)

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