America Apartment Communities, Inc. (MAA) Issues FY17 Earnings Guidance

Cornelia Mascio
Settembre 24, 2017

The value of the investment in (MAA) increased from $1,353,000 to $3,678,000 increasing 171.8% for the reporting period. They now have a United States dollars 107 price target on the stock.

Other research analysts also recently issued reports about the company.

09/01/2017 - Stifel Nicolaus began new coverage on Mid-America Apartment Communities, Inc. giving the company a "hold" rating.

Shares of Mid-America Apartment Communities, Inc. They gave a hold recommendation and a $113.00 PT on the shares.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, July 26th. Barclays PLC dropped their price target on Mid-America Apartment Communities from $117.00 to $116.00 and set an "overweight" rating for the company in a research note on Tuesday, July 18th. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Mid-America Apartment Communities Inc (NYSE:MAA) has risen 0.92% since September 23, 2016 and is uptrending.

Earnings-per-share (EPS) ratio for MAA is 2.32, exhibiting the allocation of the profit to each of its outstanding share of common stock. Mid-America Apartment Communities, Inc. has a 52 week low of $85.04 and a 52 week high of $110.95. The company's 50-day moving average price is $106.26 and its 200-day moving average price is $103.30. Market valuation of the company is $12.19 B, a PE book ratio of 49.59 along with a stock beta of 0.35.

Mid-America Apartment Communities, (NYSE:MAA) released an update on its Q3 earnings guidance on early Thur morning. The real estate investment trust reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.03.

Mid-America Apartment Communities, Inc. was upgraded to "buy" by analysts at BTIG Research. During the same quarter in the prior year, the firm earned $1.54 EPS. Next quarter's EPS is estimated at $0.44 and the next full year EPS is anticipated to be $2.14. Financial experts predict that Mid-America Apartment Communities, to post $1.68 EPS for the present financial year. Mid-America Apartment Communities, Inc.

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Ratings analysis reveals 67% of Mid-America Apartment Communities's analysts are positive.

In other news, Director David P. Stockert sold 6,872 shares of the business's stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $106.34, for a total transaction of $730,768.48. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.25% of the company's stock.

These funds have shifted positions in (MAA). Oregon Public Employees Retirement Fund lifted its stake in Mid-America Apartment Communities by 10.3% during the first quarter. The legal version of this report can be read at https://stocknewstimes.com/2017/09/22/proshare-advisors-llc-sells-3333-shares-of-mid-america-apartment-communities-inc-maa.html. The dividend payment was $0.870 per share for the quarter which is $3.48 annualized. BB&T Corp increased its position in shares of Mid-America Apartment Communities by 0.9% in the second quarter. ING Groep NV now owns 5,816 shares of the real estate investment trust's stock valued at $613,000 after buying an additional 22 shares during the period. Cleararc Capital Inc. increased its position in shares of Mid-America Apartment Communities by 1.9% in the first quarter.

The share price of Mid-America Apartment Communities, Inc. Finally, Royal Bank Of Canada restated a buy rating and issued a $112.00 price objective on shares of Mid-America Apartment Communities in a report on Wednesday, August 9th. Oppenheimer Asset Management Inc. now owns 7,677 shares of the real estate investment trust's stock valued at $809,000 after buying an additional 58 shares in the last quarter. Generating more money with less investment would help the company attain a higher ROA and more investors, which would certainly allow the company to grow more.

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