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Last $33.47 USD
Change Today -0.085 / -0.25%
Volume 356.6K
ACC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 2:08 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

american campus communities (ACC) Snapshot

Open
$33.85
Previous Close
$33.55
Day High
$33.98
Day Low
$33.36
52 Week High
01/28/15 - $45.38
52 Week Low
09/1/15 - $33.35
Market Cap
3.8B
Average Volume 10 Days
1.2M
EPS TTM
$0.96
Shares Outstanding
112.3M
EX-Date
08/13/15
P/E TM
34.7x
Dividend
$1.60
Dividend Yield
4.66%
Current Stock Chart for AMERICAN CAMPUS COMMUNITIES (ACC)

american campus communities (ACC) Related Businessweek News

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american campus communities (ACC) Details

American Campus Communities, Inc. is an independent equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in developing, owning, and managing high-quality student housing communities. The firm diversifies its functions across acquisition, design, financing, development, construction management, leasing and management of student housing properties. American Campus Communities, Inc. was formed in 1993 and is based in Austin, Texas.

3,227 Employees
Last Reported Date: 02/26/15
Founded in 1993

american campus communities (ACC) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: $530.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $360.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $261.9K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $288.4K
Executive Vice President of Capital Markets
Total Annual Compensation: $242.0K
Compensation as of Fiscal Year 2014.

american campus communities (ACC) Key Developments

American Campus Communities Announces Change of Chairman of the Board

American Campus Communities, Inc. announced that the company’s independent, non-executive Chairman of the Board, R.D. Burck, is temporarily relinquishing his chairman duties in order to focus on recovering from a recently-diagnosed illness. Mr. Burck will remain a member of the Board of Directors. Effective immediately, the Board has appointed Edward Lowenthal, a longstanding member of the Board and Chair of the Corporate Governance and Nominating Committee, to serve as the acting independent, non-executive Chairman of the Board during Mr. Burck’s absence.

American Campus Communities, Inc. Declares Regular Quarterly Dividend, Payable on August 27, 2015

American Campus Communities, Inc. announced that on August 5, 2015 its board of directors declared a regular quarterly dividend of $0.40 per share of common stock, payable on August 27, 2015, to shareholders of record at the close of business on August 17, 2015.

American Campus Communities, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reaffirms Earnings Guidance for 2015

American Campus Communities, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, total revenue was $177,874,000 against $171,977,000 a year ago. The increase in Revenue was primarily due to growth resulting from increased rental rates and occupancy for the 2014-2015 academic year, recently completed development properties, and property acquisitions. Operating income was $34,452,000 against $35,433,000 a year ago. The decrease in operating income was primarily due to an increase in depreciation and amortization expense and the loss of operating income associated with recently sold properties. Income before income taxes and discontinued operations was $16,228,000 against $14,020,000 a year ago. Income from continuing operations was $15,918,000 against $13,731,000 a year ago. Net income attributable to the company was $15,580,000 or $0.14 per basic and diluted share against $13,438,000 or $0.12 per diluted share a year ago. The increase in net income as compared to the prior year quarter is primarily due to nonoperating gains from the disposition of real estate. Funds from operations were $63,113,000 or $0.55 per diluted share against $61,615,000 or $0.57 per diluted share a year ago. Funds from operations-modified were $65,185,000 or $0.57 per diluted share against $62,317,000 or $0.58 per diluted share a year ago. For the six months, total revenue was $370,367,000 against $355,160,000 a year ago. Operating income was $84,628,000 against $83,428,000 a year ago. Income before income taxes and discontinued operations was $87,806,000 against $40,457,000 a year ago. Income from continuing operations was $87,185,000 against $39,878,000 a year ago. Net income attributable to the company was $85,777,000 or $0.76 per basic and diluted share against $41,836,000 or $0.39 per basic and diluted share a year ago. Funds from operations were $140,152,000 or $1.23 per diluted share against $135,407,000 or $1.27 per diluted share a year ago. Funds from operations-modified were $141,267,000 or $1.24 per diluted share against $133,265,000 or $1.25 per diluted share a year ago. The company is maintaining its previously stated guidance range for the fiscal year 2015, anticipating that FFO will be in the range of $2.33 to $2.45 per fully diluted share, and FFOM, excluding the impact of transaction costs, will be in the range of $2.30 to $2.42 per fully diluted share.

 

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Industry Analysis

ACC

Industry Average

Valuation ACC Industry Range
Price/Earnings 34.8x
Price/Sales 5.0x
Price/Book 1.3x
Price/Cash Flow 12.2x
TEV/Sales 1.3x
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