American Campus Communities Inc (NYSE:ACC) will be releasing its earnings data after the market closes on Monday, July 24th. Analysts expect American Campus Communities to post earnings of $0.17 per share for the quarter. American Campus Communities has set its FY17 guidance at $2.32-2.42 EPS.

American Campus Communities (NYSE:ACC) last posted its quarterly earnings results on Monday, April 24th. The real estate investment trust reported $0.62 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.62. American Campus Communities had a net margin of 11.23% and a return on equity of 2.53%. The business had revenue of $192.90 million for the quarter, compared to analysts’ expectations of $183.61 million. During the same period in the prior year, the company posted $0.62 EPS. The business’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, analysts expect American Campus Communities to post $2.37 EPS for the current fiscal year and $2.58 EPS for the next fiscal year.

American Campus Communities Inc (NYSE ACC) opened at 47.21 on Monday. American Campus Communities Inc has a 1-year low of $44.65 and a 1-year high of $54.56. The stock’s 50 day moving average is $47.40 and its 200-day moving average is $48.23. The firm has a market capitalization of $6.33 billion, a PE ratio of 72.52 and a beta of 0.25.

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A number of brokerages recently weighed in on ACC. Zacks Investment Research cut shares of American Campus Communities from a “buy” rating to a “hold” rating in a research note on Friday. JMP Securities upgraded shares of American Campus Communities from a “market perform” rating to an “outperform” rating and set a $55.00 price objective on the stock in a research note on Monday, July 10th. BidaskClub cut shares of American Campus Communities from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Evercore ISI upgraded shares of American Campus Communities from an “underperform” rating to an “in-line” rating and lifted their price objective for the company from $48.00 to $49.00 in a research note on Monday, June 19th. Finally, FBR & Co restated a “buy” rating on shares of American Campus Communities in a research note on Friday, May 19th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $52.25.

American Campus Communities Company Profile

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.

Earnings History for American Campus Communities (NYSE:ACC)

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