Below are the three companies in the Residential REITs industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying...
American Campus Communities Inc ( ACC )
42.74 | -0.73 - -1.68% |
Company Overview
ACC
American Campus Communities, Inc. is a self-managed and self-administered equity real estate investment trust (REIT) specializing in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. Through its controlling interest in American Campus Communities Operating Partnership LP (the Operating Partnership), the Company owns, manages and develops student housing properties in the United States. As of December 31, 2009, its property portfolio contained 85 student housing properties with approximately 52,100 beds and approximately 17,000 apartment units, including 39 properties containing approximately 22,800 beds and approximately 7,300 units added as a result of its acquisition of the student housing business of GMH Communities Trust (GMH) on June 11, 2008. The Company has four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.
Fundamental Data
| Last Price | $42.74 |
| Previous Close | $43.47 |
| Percent Change | -1.68% |
| Volume | 725,806 |
| 52 Week High | $44.22 |
| 52 Week Low | $30.75 |
