American Campus Communities, Inc. (ACC) updated its FY12 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $1.99-2.03 for the period.

A number of research firms have also recently commented on ACC. Analysts at Goldman Sachs initiated coverage on shares of American Campus Communities in a research note to investors on Thursday. They set a buy rating on the stock. On a related note, analysts at Janney Capital upgraded shares of American Campus Communities from a neutral rating to a buy rating in a research note to investors on Thursday, October 11th. They now have a $48.00 price target on the stock. Finally, analysts at Janney Montgomery Scott upgraded shares of American Campus Communities from a neutral rating to a buy rating in a research note to investors on Thursday, October 11th.

American Campus Communities, Inc. (ACC) traded down 0.32% on Monday, hitting $44.05. American Campus Communities, Inc. (ACC) has a 52-week low of $36.78 and a 52-week high of $48.10. The company has a market cap of $4.052 billion and a price-to-earnings ratio of 66.55.

American Campus Communities last posted its quarterly earnings results on Monday, October 22nd. The company reported $0.38 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.38. American Campus Communities’s revenue was up 24.8% compared to the same quarter last year. Analysts expect that American Campus Communities, Inc. (ACC) will post $1.99 EPS for the current fiscal year.

American Campus Communities, Inc. is a self-managed and self-administered real estate investment trust (REIT).

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