ACC - American Campus Communities, Inc.
| Previous Close | 47.41 |
| Open | 47.33 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1200 |
| Day's Range | 46.43 - 47.65 |
| 52 Week Range | 38.40 - 49.33 |
| Volume | 403,880 |
| Avg. Volume | 640,487 |
| Market Cap | 6.397B |
| Beta (3Y Monthly) | 0.35 |
| PE Ratio (TTM) | 77.60 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.88 (3.97%) |
| Ex-Dividend Date | 2019-08-09 |
| 1y Target Est | N/A |
- Moody's
American Campus Communities OP PRS LP -- Moody's affirms all ratings of American Campus, stable outlook
Rating Action: Moody's affirms all ratings of American Campus, stable outlook. Global Credit Research- 21 Aug 2019. New York, August 21, 2019-- Moody's Investors Service has affirmed the ratings of American ...
- MoneyShow
American Campus- At the Head of the Class
American Campus Communities (ACC), the largest student housing company in the U.S., owns 169 student housing properties with about 108,800 beds. Including third-party managed properties, the company's managed portfolio encompasses 203 properties with 133,000 beds, explains Jacob Kilstein, an analyst with Argus Research.
- Simply Wall St.
2 Days To Buy American Campus Communities, Inc. (NYSE:ACC) Before The Ex-Dividend Date
It looks like American Campus Communities, Inc. (NYSE:ACC) is about to go ex-dividend in the next 2 days. This means...
- InvestorPlace
3 REITs to Buy to Build a Solid Foundation
With the U.S. stock market up so much year to date, investors should also be focusing on investments that will be sustained even if the S&P 500 Index takes a pause. And real estate Investment Trusts (REITs) are stocks that are literally based on solid foundations.When most investors think about growth in the stock market, REITs don't immediately come to mind. After all, how can sleepy bits of real estate compete with all of the other facets of the stock market?But real estate has a few things going for it. To start, as the adage goes: when it comes to land, they aren't making any more of it. Well, that's mostly true except for certain markets such as the territories around Hong Kong and Victoria Harbour.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThen there are the many adaptations of land -- from residences for technology workers to housing the actual technology, from residential to office and of course data centers.And of course, there is the income that comes from real estate. And for REITs, the dividends are in general much higher than the general market. The yield for the S&P 500 Index is currently 1.87% while the yield for REITs are tracked by the Bloomberg U.S. REIT Index is much higher at 4.15%. * 7 Stocks to Sell This Summer Earnings Season Moreover, thanks to the Tax Cuts & Jobs Act of 2017, REIT dividends are worth even more on an after-tax basis. This comes from a line-item in the TCJA whereby investors get to deduct 20% of the dividend income from their taxable income. Growth & Income from REITsThe great combination of underlying property value improvement and tax-advantaged income continues to result in better performance in REITs.For the past trailing year, REITs -- as tracked by the Bloomberg REIT Index -- have earned a return of 14.8%, which is significantly higher than the return for the S&P 500 Index at 9.24%. In addition, during the big sell-off in stocks during the fourth quarter of last year, REITs did drop in return by 6.1% -- but that was way better than the drop in the S&P 500 Index of 13.5%.Bloomberg US REIT Index & S&P 500 Index Source BloombergNow, the same question has to be asked of REITs as of the S&P 500 Index -- is the market still a value?Well, to start, the REITs reporting so far for the second calendar quarter have shown revenue gains averaging 14.6%, with earnings advancing by 17.2%. That's significantly better than for the general stock market reporting so far.But what about value? On a price-to-book basis REITs are sitting on average at 2.56 times which is well-below highs seen early this year and highs over the past five years. And the underlying book value itself has been strongly on the rise. This is important as buying REITs just like for individual properties means not paying too much for the land and buildings.Bloomberg US REIT Index Price to Book Value (Orange) and Underlying Book Value Per Share (Olive) Source BloombergI have a large and diverse collection of REITs in the model portfolios of Profitable Investing. And from a value standpoint, the average price to book value for all of them is at a bargain level of less than 2 times. This means that my REITs are even better buys right now than even the value-priced general REIT market.And as noted above, REITs are reporting higher revenue and earnings so far for the quarter. But one of the specific metrics for profitability comes from the rate of return from funds from operations (FFO). This measures the profits that REITs make from just the core business of collecting rents from their tenants.There are several REITs with significantly higher FFO returns, but on average for our collection the FFO return is running at over 10%, which remains quite positive and is supportive for higher dividend payments. 3 REITs to RecognizeAs noted above, I have a collection of REITs in my model portfolios. All make for great buys. But here are three to recognize for their particular opportunities.I'll start off with American Campus Communities (NYSE:ACC). This REIT has educational properties focused primarily on dorms for colleges and universities. This is an attractive market since it has a captive market for students that need or want to live near where their classes and activities are happening. The space has been so good that one by one, the leading public REITs in this market have been bought out by non-public investments and private equity.American Campus Communities (ACC) Total Return Source BloombergACC is the one focused REIT still here. And it is performing with the trailing-year return of a much better 20.7%. Revenues are up by 10.6% with a return from funds from operations (FFO) at a nice 10%.It is a value too at only 1.91 times its book of business, including its properties. And the dividend is an attractive 4% and has been climbing over the past five years by an average of 4.85%.Next is WP Carey (NYSE:WPC) which I've followed since it came to the public market back in the late 1990's. WP Carey is a large, diversified REIT with assets around the U.S. and the globe. Its focus is on doing sale-lease-back transactions, which have owners and occupiers sell their properties and in turn lease them back from WPC. And it also focuses on triple-net leases, whereby tenants pay insurance, upkeep and taxes leaving WPC to avoid these costs and risks.WP Carey (WPC) Total Return Source BloombergThe return over the past trailing year is a whopping 38.7%. And while revenues have slowed a bit recently to a gain of 4.4%, the FFO return is better at 11.6%. And it is also a bargain at only 2.05 times its book value.And the dividend which keeps rising every quarter by policy is even more attractive at 4.9%.And last up is Medical Properties Trust (NYSE:MPW) which I added to the Total Return Portfolio in the March Issue. This REIT is focused on health care properties from hospitals to other facilities. And like WP Carey, MPW focuses on net leases, which lowers costs and operating risks.Medical Properties Trust (MPW) Total Return Source BloombergThe trailing year return is running at 32.9%, and yet the stock is only trading at 1.42 times its book value. Revenues are rising at 11.3% and the FFO return is running at 10.9%. And it has a dividend distribution yielding 5.7%, with the distribution rising on average over the past five years by 3.8%.Now that I've presented my way to invest in the solid and lucrative real estate investment trust market, perhaps you might like to see more of my market research and recommendations for further safer growth and bigger reliable income. For more, look at my Profitable Investing. Click here to learn more.In addition, if you find yourself in San Francisco on Aug. 15-17, please join me at the MoneyShow, where I'll be presenting my economic and market analysis and my latest investment themes and recommendations. For more information, click here.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above, but they may be held in his model portfolios. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 5G Stocks to Connect Your Portfolio To * 7 Stocks to Sell This Summer Earnings Season * 6 Upcoming IPOs for July The post 3 REITs to Buy to Build a Solid Foundation appeared first on InvestorPlace.
- Thomson Reuters StreetEvents
Edited Transcript of ACC earnings conference call or presentation 23-Jul-19 2:00pm GMT
Q2 2019 American Campus Communities Inc Earnings Call
- Motley Fool
5 Top Housing Stocks to Buy Now
Here are five different ways to invest in housing that could have very bright futures ahead of them.
Motley FoolAmerican Campus Communities Inc (ACC) Q2 2019 Earnings Call Transcript
ACC earnings call for the period ending June 30, 2019.
- Moody's
Hampton Roads PPV, LLC -- Moody's upgrades Hampton Roads PPV, LLC (VA), Military Housing Revenue Bonds, 2007 Series A Class II & III Bonds; outlook stable
Moody's Investors Service has upgraded the ratings on Hampton Roads PPV, LLC (VA), Military Housing Taxable Revenue Bonds (Hampton Roads Unaccompanied Project), 2007 Series A Class II Bonds and 2007 Series A Class III Bonds (the "Class II Bonds" and Class III Bonds", respectively) to Ba2 from Ba3 and revised the outlook to stable from positive. Additionally, we have affirmed the Baa3 rating on Military Housing Taxable Revenue Bonds (Hampton Roads Unaccompanied Project), 2007 Series A Class I Bonds (the " Class I Bonds") and maintained the stable outlook.
- Zacks
American Campus Communities (ACC) Q2 FFO Beat Estimates
American Campus Communities (ACC) delivered FFO and revenue surprises of 3.70% and -0.38%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Zacks
All You Need to Know About American Campus Communities (ACC) Rating Upgrade to Strong Buy
American Campus Communities (ACC) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- InvestorPlace
7 Best Stocks to Buy That Make a Student’s Life Easier
Google the words "back to school," and you get about 11.8 billion results. Going back to school is a ritual almost as old as man. Every year, come August, parents struggle to get their kids ready for the year ahead. Whether you're the most organized person in the world or the least, getting the kids prepped, no matter how old they are, isn't easy. However, if you're expecting an article about some of the ways to make your life easier, you've come to the wrong place. InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis article is about the best stocks to buy to make the student's life easier. In some manner, all seven of these stocks participate in the daily lives of students. Some more than others, but they all have a role to play in a student's academic career. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Buy these seven and you might just pay for part of your child's education down the road. Best Stocks for Students: Starbucks (SBUX)Source: Shutterstock Ever since Starbucks (NASDAQ:SBUX) first introduced free WiFi in their cafes in 2011, you can go into a location at any time of day and see students typing away at their keyboards. If the location is near a university, you can expect it to be rammed with students. Even though there are frugal individuals who take advantage of the freebie by staying for hours on end, while buying nothing but the original coffee they purchased upon entering the store -- Starbucks wouldn't continue to provide free WiFi if it didn't get an absolute return from the cost of providing it. Sure, most Starbucks are staffed with friendly people, but the name of the game is profits; Starbucks likely takes the WiFi usage data in combination with its Starbucks Rewards data to deliver the ultimate profitability for shareholders and the company. It's hard to imagine what coffee shops would be like today if big chains like Starbucks didn't roll out free WiFi. Students might have to enjoy the coffee and talk to friends. Sysco (SYY)There are two things that students, especially those in college, do without fail: Get together with friends to chat about their life and eat. If they're like me, they eat a lot. That's where Sysco (NYSE:SYY) comes in. Sysco is the world's leading food service distributor delivering food products to facilities all over the world. Sysco generates approximately 8% of its revenue from education and government. While restaurants are by far the biggest revenue-generator accounting for 62% of sales, you can be sure that the exact number for education, if you include restaurants operating near or independent of schools, is much higher. Currently, Sysco is in the middle of several cost-saving initiatives intended to increase efficiencies while sending more to the bottom line. Included in the efforts is the company's rationalization of its Canadian operations to service its many regions more efficiently. It makes sense to me. American companies often don't get Canada right. In the third quarter ended March 30, Sysco increased revenues by 2.2% year over year to $14.7 billion generating operating income of $529.6 million, 9.8% higher than a year earlier, a sign its cost-saving initiatives are gaining traction. * 7 Dependable Dividend Stocks to Buy Yielding about 2%, as long as people keep eating, SYY stock will continue to provide good shareholder returns. American Campus Communities (ACC)Student housing is much like the food service industry. As long as kids are going to school away from home and need somewhere to live, companies like American Campus Communities (NYSE:ACC) will continue to make lots of money for shareholders. Up 18.5% year to date, ACC has had a spotty performance in recent years compared to the rest of its peers in the residential REIT industry.However, long-term, I believe that the changes happening in student housing will be very beneficial to American Campus Communities, which is the only pure-play publicly traded REIT that focuses on this area of real estate. Same-store rents continue to grow -- 58 consecutive quarters -- with an occupancy rate of 97.5%, well above the average for the entire U.S. market for apartment buildings. Focusing on universities where the housing stock is outdated, I expect ACC will continue to flourish in academia. Navient (NAVI)I must admit the subject of student loans is one that has me continually flipping from one side of the argument to the other. There is no question that post-secondary education is valuable, but I'm skeptical it's so valuable that you should go $100,000 into debt to get that education. That being said, if people are going to borrow to go to college, companies like Navient (NASDAQ:NAVI) have a right to make money off servicing these loans. What they don't have the right to do is harass borrowers. Ultimately, if Navient is abusing borrowers through the use of robocalls and other aggressive tactics to recover funds, the federal and state governments should take them to task over these moves. In defense of Navient, it uses telephone calls to connect with borrowers to arrange alternative repayment schedules, so these people don't default on their loans. * 10 Stocks to Sell for an Economic Slowdown I wouldn't recommend NAVI if you're looking for investments completely free of bad PR. However, it continues to grow its quarterly profits by double digits -- Q1 2019 EPS of $0.55, 38% higher than a year earlier -- making it an attractive investment for hedge funds and other institutional investors. Graham Holdings (GHC)It's been almost six years since the Washington Post and some of its other assets were sold to Jeff Bezos, the CEO of Amazon (NASDAQ:AMZN). At the time, the remaining assets were renamed Graham Holdings (NYSE:GHC). One of those remaining assets was Kaplan. Broken into four segments: Higher Education, Professional, Test Prep, and International, the company's educational segment generated 54% of its overall revenue in Q1 2019 and a significant amount of its operating income. Together with its television broadcasting assets, Graham Holdings goes as these two divisions go. Of Kaplan's four segments, its international unit is by far the most successful. In the first quarter, it earned $24.3 million from its operations on $185.8 million in revenue. The company's second most profitable segment is its professional unit with $11.3 million in operating profits from $41.2 million in revenue, an impressive operating margin of 27.4%, almost double its international business. There is no question, however, that the international business is where most of the assets in the business lie. In the first quarter, Kaplan International had $1.3 billion in identifiable assets. That's 25% of its overall assets. Kaplan could someday find itself trading as an independent, publicly-traded company. Selling at or near an all-time high, the spinoff could come sooner rather than later. Chegg (CHGG)Chegg (NYSE:CHGG) got its start in 2007 renting physical textbooks to college students across America. Now it's a complete direct-to-student learning platform of services to help students succeed leading up to, during, and after college. It began phasing out its physical rentals of textbooks in 2015. Today, Chegg is focusing on growing its digital subscription business, referred to as Chegg Services, which generated 77% of its Q1 2019 revenue of $97.4 million, up from 73% a year earlier. The legacy rental and sale of printed textbooks is referred to as Required Materials, and it accounted for the remaining 23% of its quarterly revenue. In Q1 2019, Chegg Services' revenues grew 34% year over year compared to 7% growth for Required Services. While Chegg doesn't break down how profitable each business is, I can guarantee the Chegg Services segment hands down has higher margins. In Q1 2019 in its entirety, Chegg lost $4.3 million, 65% higher than a year earlier. Don't let that scare you off. "Demand for this platform will only grow over time. Chegg is becoming a necessary learning companion for millions of high school and college students as they spend increasingly time in the digital space," wrote InvestorPlace's Luke Lango recently. Luke's on the money. * 7 Retail Stocks to Buy That Are Down in 2019 Chegg might not be profitable just yet, but it will be. Buy in now while its shares are still affordable. Square (SQ)Source: Shutterstock A recent story in The Philadelphia Enquirer highlighted the reason why Square (NYSE:SQ) is growing its Cash App by leaps and bounds after struggling to gain traction when it first launched the app in 2013. Of course, back in 2013, people weren't into fintech like they are now. The author asked a university business student to find out how millennial's pay each other and exchange money. "Young people use payment apps -- or applications on their smartphones -- to pay each other," wrote Erin Arvedlund. "The most popular apps are Venmo, owned by PayPal; Cash App, owned by Square; and payment apps linked to Snapchat or the smartphone itself, such as ApplePay and SamsungPay. The applications let you link your bank accounts -- a checking account or credit card -- to pay someone, and payments aren't always cheap."The date of this article was February 2018. That's right. Seventeen months ago. You can bet usage has increased since then. PayPal (NASDAQ:PYPL) owns Venmo. It's the leader in person-person payment apps with 40 million active users. Square, however, is coming on. It had 15 million active users at the end of 2018, double the number a year earlier. What's exciting about Cash App, is that the average user makes less than $50,000 a year, a demographic that is often under-banked or un-banked, putting Square in the perfect position to win over many of the estimated 50 million in the U.S. that don't have a bank account. Get students while they're young and move them into your business services once they graduate and want to start their own businesses. Of all the student-related stocks, Square probably has the most potential to be huge over the next 5-10 years. I like it a lot. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 7 Best Stocks to Buy That Make a Studenta€™s Life Easier appeared first on InvestorPlace.
- Motley Fool
How to Invest in Housing Stocks
There are several ways to get investment exposure to housing without actually buying property.
- Simply Wall St.
Is American Campus Communities, Inc.'s (NYSE:ACC) CEO Paid Enough Relative To Peers?
Bill Bayless has been the CEO of American Campus Communities, Inc. (NYSE:ACC) since 2003. This report will, first...
- Moody's
California Municipal Finance Authority -- Moody's assigns Baa3 to California Municipal Finance Authority, Student Housing Revenue Bonds (CHF-Riverside II, L.L.C. - UCR North District Phase I Student Housing Project), Series 2019; outlook is stable
Moody's Investors Service has assigned Baa3 to the proposed $181 million California Municipal Finance Authority, Student Housing Revenue Bonds (CHF-Riverside II, L.L.C. - UCR North District Phase I Student Housing Project), Series 2019.
- Investopedia
3 Stocks to Play the January Effect
The 2018 January Effect could lift a variety of 2017 underperformers in the energy, REIT and telecommunications sectors.
- Insider Monkey
Is American Campus Communities, Inc. (ACC) A Good Stock To Buy?
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of March 31. The results of that effort will be put on display in this article, as […]
- InvestorPlace
5 Ideal Dividend Stocks for New Investors
It is never too early, and no one is too young, to begin investing. I know, since I began to learn as a small child. I started by learning the basics of how companies issue stock and how stocks are bought and sold on the exchanges. And my learning commenced with building a model portfolio that I would paper trade. And each day I would check the stock prices, which way back then were still listed in the daily papers.Source: Shutterstock I would go on to open a small brokerage account and begin to work with my own money -- all supporting my learning experience. And of course, I would gain and lose along the way as my stocks' prices would rise and fall day by day.Back then, commissions were a lot steeper than today, so my choices were more about what to buy and own. That meant that I had to have a high level of confidence to overcome the costs of buying and selling.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why Dividends Are ImportantI would later come to appreciate the power of dividends, which worked to bolster my portfolio as they were credited to my account. And this continues through to today, as I remain firmly in favor of focusing on stocks that pay you (and pay you well) through good and rising dividend distributions. * 7 High-Quality Cheap Stocks to Buy With $10 This is an important lesson for young and older investors alike. Dividends continue to be one of the biggest sources of overall total return in the stock market. Take, for example, the performance of the S&P 500 Index over the trailing 20 years.The Index gained in price by 122.3%, but with dividends the return swells to 226.3%, which is 85% more than the price movement alone.S&P 500 Index Total Return Source BloombergThat's a big premium over just investing for price growth. And those dividends worked to cushion returns during bear markets over those same 20 years.For younger investors, remember, it's not just about dividends. It's also about learning more about the underlying businesses of the companies behind the stocks. By investing in the right dividend-paying stocks that also are in distinct industries and markets, you will learn more about how business works.I've put together a small collection of five stocks that pay dividends that range from close to the average of the S&P 500 Index to quite a bit more. They are in varied segments ranging from industrial and consumer products, technology, utilities, real estate investment trusts (REITs) and the energy market. Dividend Stocks to OwnCompass Diversified Holdings Total Return Source BloombergI start with Compass Diversified Holdings (NYSE:CODI). This is a holding company which owns a collection of industrial and consumer products companies which it buys, owns and sometimes sells. And along the way, the company collects lots of cashflows from its underlying companies. It in turn pays a lion's share of the profits in the form of a big dividend -- currently yielding 7.6%.Hercules Capital Total Return Source BloombergNext is Hercules Capital (NYSE:HTGC). This is a Silicon-Valley-headquartered company which seeks out new and developing technology companies in its neighborhood and beyond. It works to finance their developments and takes equity participation, then provides guidance in their development including eventual exit strategies through company sales and initial public offerings (IPOs). It too pays a bigger dividend, which currently yields 9.9%.Kinder Morgan Total Return Source BloombergLet's move on to the energy market -- in the reliable dividend-paying segment of oil and gas pipelines -- with Kinder Morgan (NYSE:KMI). Kinder Morgan owns and operates a massive network of pipeline and related oil and gas infrastructure that is crucial to the growing petroleum industry in the U.S. It generates an increasing amount of revenues and profits, and in turn pays a dividend yielding 4.9%.NextEra Energy Total Return Source BloombergNext is one of the most impressive of U.S. power utility provides -- NextEra Energy (NYSE:NEE). This company provides regulated power to customers in Florida. It also provides unregulated wind and solar generated power throughout North America and beyond. This combination of reliable cashflows from its regulated business and growth from the unregulated wind and solar has been generating ample growth in the stock price, along with a modest dividend yielding 2.4%.American Campus Communities Total Return Source BloombergLast up is a favorite REIT that owns and manages college campus facilities and dorms around the U.S. American Campus Communities (NYSE:ACC) is the leading publicly traded college dorm REIT in the U.S. And it continues to be a very reliable source for dividend income and growth in the underlying property values. It yields 4% with a dividend payment that continues to rise by an average of 4.85% per year over the past five years.These have been some of my favorite dividend stocks. Perhaps next you might like to see more of my market research and recommendations. For more, check out my Profitable Investing. Click here to learn more.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 5 Ideal Dividend Stocks for New Investors appeared first on InvestorPlace.
- Markit
See what the IHS Markit Score report has to say about American Campus Communities Inc.
American Campus Communities Inc NYSE:ACCView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for ACC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ACC. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding ACC totaled $68.31 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.
Should We Be Cautious About American Campus Communities, Inc.'s (NYSE:ACC) ROE Of 3.4%?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- InvestorPlace
Buy American for Safer Growth with Dividends
The trade tirade is now a full trade war between the U.S. and China. And how do you know that it's a war? Well, there's a new "fight song" with lyrics like: "Trade war! Trade War! Not afraid of the outrageous challenge! Not afraid of the outrageous challenge! A trade war is happening over the Pacific Ocean!"Source: Shutterstock The song borrows its music from a 1960's-era theme in a Chinese film titled "Tunnel War" that depicts a fictional conflict with Japan. The song is being hyped up, and is making its way through the excellent WeChat app that's part of Tencent (OTCMKTS:TCEHY) which I've used for years for messaging with my friends in the mainland and beyond via my Blackberry (NYSE:BB).China was working with advisors who came from the traditional U.S. political sources in negotiating with the current U.S. administration. That has apparently come to an end. Beijing has finally come to the conclusion that the U.S. is being led by a different kind of leadership.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor now, it appears that the rhetoric on both sides is being ratcheted up and that tariffs are not set to go away.This is very bad news. Consider that Huawei, a privately held company that is one of the leading makers of smartphones and telecom equipment, has been in the crosshairs lately. The U.S. government has been unsuccessfully campaigning to force nations around the globe to ban telecom equipment for their networks. * 6 Stocks to Buy for This Decade's Massive Megatrend But this week came news that Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google was instructed to cease doing business in providing support and some access to its open-source Android operating system to Huawei. And similar reports are coming from Intel (NASDAQ:INTC) as well as Qualcomm (NASDAQ:QCOM) and other U.S. tech companies. The Markets Were Not FansThe stock market didn't like this at all -- on top of the fears that had already sent the S&P 500 Index down 2.9% from its 2019 high, and the S&P Information Technology Index down 5.4% for the same period.This price action didn't sit well at 1600 Pennsylvania Avenue. So, we got a 90-day reprieve similar to last year's similar deal that allowed U.S. telecom companies to continue to do business with ZTE (OTCMKTS:ZTCOY). So, we're seeing some buying again in the general market and the tech market.Don't get too comfortable with this. I see more volatility on the horizon. The precedent of instructing U.S. companies to cut off vital customers and suppliers -- and getting cooperation from those companies -- is truly frightening for us as investors. This has me now evaluating how this may play out, as the stock market has plenty of exposure to the technology companies of the globe.My original call was that China was going to cut a deal as Beijing is fearful of a further economic slowdown which could lead to instability. Instability is the number one thing that it wants to avoid. But the second thing it wants to avoid is looking like it caved into the U.S. It doesn't want to show that weakness.Plus President Donald Trump faces his own if the markets slide and the U.S. economy slows as the 2020 election is fully underway.But you don't have to wade into all that. I am directing your attention to more of the purest of domestic income and growth plays that are completely separate from the trade war. U.S. Real EstateU.S. real estate investment trusts (REITs) are one of the safe havens to own through the trade war. They as a nearly pure Buy American strategy for growth and income. And the market sector continues to perform even during the recent trade tension sell-off.For the past year, REITs as tracked by the Bloomberg REIT Index have earned a return of 17.9% which is significantly higher than the return for the S&P 500 Index at 7.1%. In addition, during the big sell-off in stocks during the fourth quarter of last year, REITs did drop by 6.1%. However, that was way better than the drop in the S&P 500 Index of 13.5%.Bloomberg US REIT Index & S&P 500 Index Source BloombergNow, the same question has to be asked of REITs -- whether the market is still a value in light of its strong performance?Well, to start the REITs inside the S&P 500 Index reporting in the first calendar quarter have shown revenue gains averaging 4.4%, with earnings advancing by 6.9%. That's significantly better than for many of the other segments in the S&P 500 Index sector members reporting so far.But what about value? On a price-to-book basis REITs are sitting on average at 2.47 times which is well below highs seen early this year and highs over the past thee years. This is important as buying REITs just like for individual properties means not paying too much for the land and buildings.I have a large and diverse collection of REITs in the model portfolios of my Profitable Investing. And from a value standpoint the average price-to-book value for all of them is at a bargain level of only 1.87 times. This means that our REITs are even better buys right now than even the value-priced general REIT market.And as noted above, REITs reported higher revenue and earnings for the first quarter. But one of the specific metrics for profitability comes from the rate of return from funds from operations (FFO). This measure the profits that REITs make from just the core business of collecting rents from their tenants.There are several REITs with significantly higher FFO returns, but on average for my collection, the FFO return is running at 10.3%. That's quite positive and is supportive for higher dividend payments. REITs to RecognizeAs noted above, I have a collection of REITs in the portfolios of Profitable Investing -- all make for great buys. Here are three to recognize for their particular opportunities.I'll start of American Campus Communities (NYSE:ACC). This REIT has educational properties focused primarily on dorms for colleges and universities around the nation. This is an attractive market with a captive market for students looking for housing near their classes and activities. The space has been so good that one by one the leading public REITs there has been bought out by non-public investments and private equity.ACC is the one focused REIT still here. And it is performing with the trailing year return of a much better 25.3%. Revenues are up by 10.6% with a return from funds from operations (FFO) at a nice 9.5%.It is a value too at only 1.88 times its book of business, including its properties. And the dividend is an attractive 3.9% and has been climbing over the past five years by an average of 5.02%.Next is WP Carey (NYSE:WPC), which I've followed since it came to the public market back in the late 1990s. WP Carey is a large, diversified REIT with assets around the U.S. Its focus is doing sale-lease-back transactions, where owners and occupiers sell their properties to and then lease them back from WPC. It also focuses on triple-net leases, whereby tenants pay insurance, upkeep and taxes instead of WPC.The return over the past trailing year is a whopping 29.6%, and while revenues have slowed a bit recently to a gain of 4.4%, the FFO return is better at 10.6%. It is also a bargain at only 1.9 times its book value.And the dividend which keeps rising every quarter by policy is even more attractive at 5.4%.Last up is Medical Properties Trust (NYSE:MPW). This REIT is focused on health care properties from hospitals to other facilities. And like WP Carey -- MPW focuses on net leases which lowers costs and operating risks.The trailing year return is running at 44.6%. And yet the stock is only at 1.41 times its book value. Revenues are rising at 11.3% and the FFO return is running at 11.6%.Now I've presented some of my favorite stocks that are separate from the trade war risks. For more -- look at my Profitable Investing. Click here to learn more: https://profitableinvesting.investorplace.com/Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Buy American for Safer Growth with Dividends appeared first on InvestorPlace.
- Simply Wall St.
Is American Campus Communities, Inc. (NYSE:ACC) A Smart Pick For Income Investors?
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- Moody's
American Campus Communities OP PRS LP -- Moody's announces completion of a periodic review of ratings of American Campus Communities, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of American Campus Communities, Inc. New York, May 08, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of American Campus Communities, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
