American Campus Communities, Inc. (ACC), a real estate investment trust (REIT), engages in the acquisition, design, finance, development, lease, and management of student housing properties in the United States. As of July 12, 2005, the company owned and managed 25 student housing properties, containing approximately 16,300 beds, as well as managed 44 student housing properties, representing 27,600 beds. ACC also provides construction management and development services for student housing properties owned by colleges and universities, charitable foundations, and others. In addition, it also provides third party property management and leasing services. The company has elected to be taxed as a REIT under sections 856 to 860 of the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided it distributes at least 90% of taxable income to its shareholders. ACC was founded in 1993 and is based in Austin, Texas.

Key Statistics

Closing Price	28.66
Volume	496212
Volume Avg	853139
52 Week High	30.56
52 Week Low	22.26
PE	N/A
PE (group average)	57
EPS Year	-0.31
EPS change Q/Q	-63.64%
EPS change Q/Q Yr ago	-50%
EPS change Q/Q next Q est	1000%
EPS change Y/Y	-0%
REV change Q/Q	5.61%
REV change Q/Q Yr ago	6.98%
EPS next Q est	0.15
EPS next Y est	0.18
Divident Annual	1.35
Dividend Yield	4.71%