Mid-America Apartment Communities Company Profile (NYSE:MAA)

About Mid-America Apartment Communities

Mid-America Apartment Communities logoMid-America Apartment Communities, Inc. (MAA) is a multifamily focused, self-administered and self-managed real estate investment trust (REIT). The Company's segments include Large market same store communities segment, including communities in markets with a population of approximately one million and approximately 1% of the total public multifamily REIT units that it has owned and that have been stabilized for over 12 months; Secondary market same store communities segment, including communities in markets with populations of approximately one million with over 1% of the total public multifamily REIT units or markets with populations of approximately one million that it has owned and that have been stabilized for approximately 12 months, and Non same store communities and other segment, including recent acquisitions, communities in development or lease-up, communities that have been identified for disposition, and communities that have undergone a significant casualty loss.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: Residential REITs
  • Exchange: NYSE
  • Symbol: MAA
  • CUSIP: 59522J10
Key Metrics:
  • Previous Close: $102.05
  • 50 Day Moving Average: $97.43
  • 200 Day Moving Average: $94.41
  • 52-Week Range: $113,517,000.00 - $85.04
  • Trailing P/E Ratio: 37.94
  • Foreward P/E Ratio: 41.65
  • P/E Growth: 6.81
  • Market Cap: $11.58B
  • Outstanding Shares: 113,517,000
  • Beta: 0.29
Profitability:
  • Net Margins: 18.83%
  • Return on Equity: 6.14%
  • Return on Assets: 3.06%
Debt:
  • Current Ratio: 0.02%
  • Quick Ratio: 0.02%
Additional Links:
Companies Related to Mid-America Apartment Communities:

Analyst Ratings

Consensus Ratings for Mid-America Apartment Communities (NYSE:MAA) (?)
Ratings Breakdown: 3 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.79)
Consensus Price Target: $106.38 (4.25% upside)

Analysts' Ratings History for Mid-America Apartment Communities (NYSE:MAA)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017BMO Capital MarketsReiterated RatingBuy$105.00View Rating Details
12/13/2016RBC Capital MarketsUpgradeSector Perform -> Outperform$106.00 -> $103.00View Rating Details
12/13/2016Royal Bank of CanadaUpgradeSector Perform -> Outperform$106.00 -> $103.00View Rating Details
12/6/2016Cantor FitzgeraldSet Price TargetBuy$107.00View Rating Details
12/2/2016Robert W. BairdUpgradeNeutral -> Outperform$100.00View Rating Details
10/20/2016JMP SecuritiesUpgradeMarket Perform -> Outperform$105.00View Rating Details
10/20/2016Jefferies Group LLCUpgradeHold -> Buy$109.00 -> $113.00View Rating Details
10/17/2016DA DavidsonUpgradeNeutral -> Buy$106.00 -> $105.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/19/2016SunTrust Banks, Inc.UpgradeNeutral -> Buy$108.00View Rating Details
8/16/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform$115.00View Rating Details
8/8/2016Citigroup Inc.Boost Price TargetNeutral$100.00 -> $102.00View Rating Details
7/15/2016KeyCorpUpgradeSector Weight -> Overweight$119.00View Rating Details
3/21/2016MizuhoDowngradeBuy -> Neutral$95.00 -> $98.00View Rating Details
1/7/2016Raymond James Financial, Inc.Boost Price Target$92.00 -> $96.00View Rating Details
11/10/2015BB&T Co.Initiated CoverageHold$91.50View Rating Details
10/16/2015Morgan StanleyBoost Price TargetUnderweight$79.00 -> $89.00View Rating Details
9/9/2015Cowen and CompanyBoost Price TargetOutperform$82.00 -> $86.00View Rating Details
4/9/2015Janney Montgomery ScottInitiated CoverageBuy -> Buy$83.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Mid-America Apartment Communities (NYSE:MAA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/1/2017Q416$1.49$1.50$302.58 million$307.20 millionViewListenView Earnings Details
10/27/2016Q316$1.49$1.49$275.82 million$276.90 millionViewN/AView Earnings Details
7/27/2016Q216$1.46$1.54$272.71 million$272.20 millionViewN/AView Earnings Details
5/4/2016Q116$1.41$1.50$265.26 million$269.01 millionViewN/AView Earnings Details
2/3/2016Q415$1.40$1.45$264.35 million$263.34 millionViewN/AView Earnings Details
10/28/2015Q315$1.33$1.38$260.55 million$262.00 millionViewListenView Earnings Details
7/29/2015Q2$1.30$1.36$256.50 million$258.90 millionViewListenView Earnings Details
4/29/2015Q115$1.29$1.32$252.78 million$257.81 millionViewN/AView Earnings Details
2/4/2015Q414$1.26$1.32$249.50 million$252.47 millionViewN/AView Earnings Details
10/29/2014Q314$1.21$1.28$247.30 million$248.77 millionViewN/AView Earnings Details
7/30/2014Q214$1.25$1.18$246.79 million$244.49 millionViewN/AView Earnings Details
4/30/2014Q114$1.18$1.21$240.22 millionViewN/AView Earnings Details
2/4/2014Q413$0.76$0.95$222.66 millionViewN/AView Earnings Details
11/7/2013Q313$1.22$1.25$136.52 million$136.30 millionViewN/AView Earnings Details
7/31/2013Q213$1.22$1.27$137.07 million$133.90 millionViewN/AView Earnings Details
5/1/2013Q113$1.19$1.25$131.11 million$133.20 millionViewN/AView Earnings Details
2/6/2013Q412$1.16$1.21$129.23 million$131.10 millionViewN/AView Earnings Details
11/1/2012Q312$1.11$1.11$125.69 million$126.90 millionViewN/AView Earnings Details
8/2/2012$1.08$1.13ViewN/AView Earnings Details
5/3/2012$1.08$1.12ViewN/AView Earnings Details
2/2/2012$1.07$1.07ViewN/AView Earnings Details
11/3/2011$1.02$1.01ViewN/AView Earnings Details
5/5/2011$0.99$0.98ViewN/AView Earnings Details
2/3/2011$0.96$0.95ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mid-America Apartment Communities (NYSE:MAA)
Current Year EPS Consensus Estimate: $2.07 EPS
Next Year EPS Consensus Estimate: $2.45 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$1.41$1.47$1.43
Q2 20164$1.46$1.48$1.47
Q3 20166$1.47$1.52$1.49
Q4 20166$1.49$1.52$1.50
Q1 20175$1.38$1.46$1.41
Q2 20175$1.44$1.49$1.45
Q3 20175$1.46$1.52$1.48
Q4 20175$1.52$1.58$1.55
Q1 20181$1.55$1.55$1.55
Q2 20181$1.58$1.58$1.58
Q3 20181$1.60$1.60$1.60
Q4 20181$1.66$1.66$1.66
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Mid-America Apartment Communities (NYSE:MAA)
Annual Dividend:$3.48
Dividend Yield:3.41%
Dividend Growth:16.30% (3 Year Average)
Payout Ratio:128.41% (Based on Trailing 12 Months of Earnings)
168.12% (Based on Current Year Consensus EPS Estimate)
142.04% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Mid-America Apartment Communities (NYSE:MAA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/8/2016quarterly$0.871/11/20171/13/20171/31/2017
9/27/2016quarterly$0.8210/12/201610/14/201610/31/2016
5/17/2016quarterly$0.827/13/20167/15/20167/29/2016
3/22/2016quarterly$0.824/13/20164/15/20164/29/2016
12/8/2015quarterly$0.821/13/20161/15/20161/29/2016
9/24/2015quarterly$0.7710/13/201510/15/201510/30/2015
5/19/2015quarterly$0.774.01%7/13/20157/15/20157/31/2015
3/12/2015quarterly$0.774.15%4/13/20154/15/20154/30/2015
12/3/2014quarterly$0.774.24%1/13/20151/15/20151/30/2015
9/11/2014quarterly$0.734.27%10/10/201410/15/201410/31/2014
5/22/2014quarterly$0.734.09%7/11/20147/15/20147/31/2014
3/20/2014quarterly$0.734.34%4/11/20144/15/20144/30/2014
12/3/2013quarterly$0.734.75%12/12/20131/15/20141/31/2014
9/30/2013quarterly$0.704.36%10/10/201310/15/201310/31/2013
5/21/2013quarterly$0.703.79%7/11/20137/15/20137/31/2013
3/12/2013quarterly$0.704.08%4/11/20134/15/20134/30/2013
12/4/2012quarterly$0.701/15/20131/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Mid-America Apartment Communities (NYSE:MAA)
Insider Ownership Percentage: 1.66%
Institutional Ownership Percentage: 97.98%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/30/2016H Eric Bolton JrInsiderBuy60$82.64$4,958.40View SEC Filing  
6/30/2016H Eric Bolton JrCEOBuy60$82.88$4,972.80View SEC Filing  
9/2/2015Robert J DelprioreEVPSell1,040$77.67$80,776.80View SEC Filing  
5/7/2015Edward Thomas WrightEVPSell8,640$76.00$656,640.00View SEC Filing  
5/1/2015Gary ShorbDirectorBuy1,000$76.30$76,300.00View SEC Filing  
12/10/2014Gary ShorbDirectorBuy2,050$73.18$150,019.00View SEC Filing  
10/31/2014Thomas H LowderDirectorSell6,977$70.22$489,924.94View SEC Filing  
9/11/2014James K LowderDirectorSell576$70.64$40,688.64View SEC Filing  
5/19/2014James LowderDirectorSell5,699$72.35$412,322.65View SEC Filing  
5/14/2014James LowderDirectorSell45,631$71.21$3,249,383.51View SEC Filing  
5/13/2014Thomas LowderDirectorSell155,405$71.32$11,083,484.60View SEC Filing  
5/7/2014Edward Thomas WrightEVPSell1,363$70.57$96,186.91View SEC Filing  
5/2/2014Edward Thomas WrightEVPSell1,400$70.00$98,000.00View SEC Filing  
4/22/2014James LowderDirectorSell70,410$68.50$4,823,085.00View SEC Filing  
4/17/2014Thomas LowderDirectorSell26,388$68.50$1,807,578.00View SEC Filing  
3/14/2014James LowderDirectorSell11,132$67.53$751,743.96View SEC Filing  
3/6/2014Thomas LowderDirectorSell40,924$68.22$2,791,835.28View SEC Filing  
3/5/2014James LowderDirectorSell57,037$68.42$3,902,471.54View SEC Filing  
3/3/2014James LowderDirectorSell20,250$68.09$1,378,822.50View SEC Filing  
2/11/2014Thomas LowderDirectorSell140,000$67.18$9,405,200.00View SEC Filing  
2/7/2014Thomas LowderDirectorSell140,000$65.18$9,125,200.00View SEC Filing  
1/30/2014Thomas LowderDirectorSell26,776$63.01$1,687,155.76View SEC Filing  
1/24/2014James LowderDirectorSell43,961$63.07$2,772,620.27View SEC Filing  
1/21/2014Thomas LowderDirectorSell35,265$63.00$2,221,695.00View SEC Filing  
12/12/2013William Reid SandersDirectorBuy3,200$60.16$192,512.00View SEC Filing  
12/4/2013Harold RippsDirectorBuy10,000$60.53$605,300.00View SEC Filing  
11/29/2013Robert DelprioreEVPBuy1,000$60.25$60,250.00View SEC Filing  
11/13/2013William Reid SandersDirectorBuy1,300$61.29$79,677.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mid-America Apartment Communities (NYSE:MAA)
DateHeadline
biz.yahoo.com logoMID AMERICA APARTMENT COMMUNITIES INC Files SEC form 10-K, Annual Report (NYSE:MAA)
biz.yahoo.com - February 24 at 7:38 PM
News IconBeauty And The Beast: 10 Enchanted - And Not So Enchanted - Versions (NYSE:MAA)
oakridgeobserver.com - February 23 at 8:04 AM
News IconAre Analysts Optimistic About Where Mid-America Apartment Communities, Inc. (NYSE:MAA) is Heading? - Winfield Review (NYSE:MAA)
winfieldreview.com - February 22 at 8:11 AM
News IconDividend Growth of Mid-America Apartment Communities, Inc.(MAA) - Morning Outlook (NYSE:MAA)
www.morningoutlook.com - February 17 at 7:14 PM
News IconStock Focus: Watching Shares of Mid-America Apartment Communities Inc. (MAA) - Providence Standard (NYSE:MAA)
providencestandard.com - February 16 at 6:01 PM
News IconImpact of Brokerage Rating on Mid-America Apartment Communities, Inc.(MAA) - Morning Outlook (NYSE:MAA)
www.morningoutlook.com - February 16 at 6:01 PM
nasdaq.com logoEII Capital Management, Inc. Buys Boston Properties, Mid-America ... - Nasdaq (NYSE:MAA)
www.nasdaq.com - February 11 at 5:18 AM
gurufocus.com logoEII Capital Management, Inc. Buys Boston Properties, Mid-America Apartment Communities, First Industrial Realty ... - GuruFocus.com (NYSE:MAA)
www.gurufocus.com - February 10 at 12:26 AM
News IconShares of Mid-America Apartment Communities, Inc. (MAA) Sees ... - Highland Mirror (NYSE:MAA)
www.highlandmirror.com - February 8 at 7:14 PM
capitalcube.com logoMid-America Apartment Communities, Inc. :MAA-US: Earnings Analysis: 2016 By the Numbers : February 7, 2017 (NYSE:MAA)
www.capitalcube.com - February 7 at 7:42 PM
News IconTop Gainers of the Day: Mid-America Apartment Communities, Inc. (NYSE:MAA) from REIT – Residential (NYSE:MAA)
twincountynews.com - February 7 at 4:34 AM
capitalcube.com logoMid-America Apartment Communities, Inc. :MAA-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017 (NYSE:MAA)
www.capitalcube.com - February 6 at 6:30 PM
News IconMount Pleasant apartments sell for $70.25 million - Charleston Post Courier (NYSE:MAA)
www.postandcourier.com - February 6 at 10:06 AM
seekingalpha.com logoMid-America Apartment Communities' (MAA) CEO Eric Bolton on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:MAA)
seekingalpha.com - February 4 at 11:25 PM
News IconBrokerage Firm Target Review on Mid-America Apartment Communities, Inc. (NYSE:MAA) (NYSE:MAA)
prensariotiretail.com - February 4 at 6:23 PM
News IconEarnings Forecast Research on Mid-America Apartment Communities, Inc. (MAA) (NYSE:MAA)
mundoaguaysaneamiento.net - February 4 at 12:09 AM
capitalcube.com logoMid-America Apartment Communities, Inc. breached its 50 day moving average in a Bullish Manner : MAA-US : February 3, 2017 (NYSE:MAA)
www.capitalcube.com - February 3 at 7:07 PM
seekingalpha.com logoMid-America Apartment Communities' (MAA) CEO Eric Bolton on Q4 2016 Results - Earnings Call Transcript (NYSE:MAA)
seekingalpha.com - February 3 at 12:17 AM
finance.yahoo.com logoEdited Transcript of MAA earnings conference call or presentation 2-Feb-17 3:00pm GMT (NYSE:MAA)
finance.yahoo.com - February 3 at 12:16 AM
nasdaq.com logoMid-America Apartment Communities Q4 16 Earnings Conference Call At 10:00 AM (NYSE:MAA)
www.nasdaq.com - February 2 at 7:14 PM
rttnews.com logoMid-America Apartment Communities Inc. Announces 21% Gain In Q4 Profit (NYSE:MAA)
www.rttnews.com - February 1 at 7:16 PM
biz.yahoo.com logoQ4 2016 Mid-America Apartment Communities Inc Earnings Release - After Market Close (NYSE:MAA)
us.rd.yahoo.com - February 1 at 7:16 PM
us.rd.yahoo.com logoMAA Reports Fourth Quarter And Year End Results (NYSE:MAA)
us.rd.yahoo.com - February 1 at 7:16 PM
sg.finance.yahoo.com logoMid-America Apartment Communities reports 4Q results (NYSE:MAA)
sg.finance.yahoo.com - February 1 at 7:15 PM
News IconMA Watch on Shares of Mid-America Apartment Communities Inc. (MAA) - Springdale Times (NYSE:MAA)
springdaletimes.com - January 29 at 11:48 PM
News IconStock Review: ADX, MA, RSI Numbers in View for Mid-America Apartment Communities Inc. (MAA) - Market Point (NYSE:MAA)
mtptnews.com - January 28 at 11:31 PM
News IconGoing The Extra Mile: Stock With Track Record & Upside: Mid-America Apartment Communities, Inc. (NYSE:MAA) - Wall Street Beacon (NYSE:MAA)
wsbeacon.com - January 26 at 8:13 PM
News IconAnalyst Stock Trading Analysis on Mid-America Apartment Communities, Inc. (MAA) - Highland Mirror (NYSE:MAA)
www.highlandmirror.com - January 26 at 8:13 PM
4-traders.com logoMID-AMERICA APARTMENT COMMUNITIES, INC. (NYSE:MAA-I) Files An 8-K Regulation FD Disclosure (NYSE:MAA)
www.4-traders.com - January 25 at 7:50 PM
News IconEarnings in Full Force, Analysts Take Aim at Mid-America Apartment Communities, Inc. (NYSE:MAA) - Wall Street Beacon (NYSE:MAA)
wsbeacon.com - January 25 at 5:06 AM
News IconBreton Hill Capital Ltd. Boosts Position by $10713987 in Mid-America Apartment Communities Inc (MAA) - Highland Mirror (NYSE:MAA)
www.highlandmirror.com - January 25 at 12:06 AM
4-traders.com logoMID AMERICA APARTMENT COMMUNITIES INC : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:MAA)
www.4-traders.com - January 23 at 11:43 PM
streetinsider.com logoForm 8-K MID AMERICA APARTMENT For: Jan 23 (NYSE:MAA)
www.streetinsider.com - January 23 at 6:41 PM
biz.yahoo.com logoMID AMERICA APARTMENT COMMUNITIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:MAA)
biz.yahoo.com - January 23 at 6:41 PM
prnewswire.com logoMAA Announces Taxable Composition of Post Properties 2016 Distributions - PR Newswire (press release) (NYSE:MAA)
www.prnewswire.com - January 23 at 10:24 AM
finance.yahoo.com logoMAA Announces Taxable Composition of 2016 Distributions (NYSE:MAA)
finance.yahoo.com - January 23 at 10:24 AM
finance.yahoo.com logoMAA Announces Taxable Composition of Post Properties 2016 Distributions (NYSE:MAA)
finance.yahoo.com - January 23 at 10:24 AM
News IconSteady As She Goes, Accelerated Growth Puts Stock in Focus: Mid-America Apartment Communities, Inc. (NYSE:MAA) - Wall Street Beacon (NYSE:MAA)
wsbeacon.com - January 20 at 1:23 AM
News IconOwnership Change to Note: Mid America Apartment Communities Inc (NYSE:MAA) Institutional Investors Q3 2016 ... - Baxley Report (NYSE:MAA)
baxleyreport.com - January 17 at 6:47 PM
News IconFirms & Funds Reinforcing Their Perception of Mid-America Apartment Communities, Inc. (NYSE:MAA) - Wall Street Beacon (NYSE:MAA)
wsbeacon.com - January 17 at 6:47 PM
News IconWalking the Extra Mile: What's Next For Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) - Wall Street Beacon (NYSE:MAA)
wsbeacon.com - January 13 at 7:43 PM
nasdaq.com logoMid-America Apartment Communities, Inc. (MAA) Ex-Dividend Date Scheduled for ... (NYSE:MAA)
www.nasdaq.com - January 10 at 7:17 PM
streetinsider.com logoUPDATE: UBS Starts Mid-America Apartment Communities (MAA) at ... - StreetInsider.com (NYSE:MAA)
www.streetinsider.com - January 10 at 12:11 AM
News IconWhy UBS Gives Mid-America Aptmt (MAA) $95.0 Price Target (NYSE:MAA)
www.whatsonthorold.com - January 9 at 7:09 PM
finance.yahoo.com logoCoverage initiated on Mid-America Aptmt by UBS (NYSE:MAA)
finance.yahoo.com - January 9 at 7:09 PM
publicnow.com logoMAA Announces Date of Fourth Quarter 2016 Earnings Release, Conference Call (NYSE:MAA)
www.publicnow.com - January 5 at 7:50 PM
forbes.com logoShort Interest Plummets 58% For MAA (NYSE:MAA)
www.forbes.com - December 28 at 2:51 PM
sg.finance.yahoo.com logoBRIEF-MAA Group updates on PROPOSED DISPOSAL of EQUITY INTEREST in MAA TAKAFUL TO ZURICH INSURANCE (NYSE:MAA)
sg.finance.yahoo.com - December 27 at 10:28 AM
seekingalpha.com logo4 REITs Analyzed; 1 Buy, 2 Sells And A Hold (NYSE:MAA)
seekingalpha.com - December 23 at 11:38 PM
nasdaq.com logoInteresting MAA Put And Call Options For February 2017 (NYSE:MAA)
www.nasdaq.com - December 20 at 12:06 PM

Social

What is Mid-America Apartment Communities' stock symbol?

Mid-America Apartment Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "MAA."

How often does Mid-America Apartment Communities pay dividends? What is the dividend yield for Mid-America Apartment Communities?

Mid-America Apartment Communities declared a quarterly dividend on Thursday, December 8th. Investors of record on Friday, January 13th will be paid a dividend of $0.87 per share on Tuesday, January 31st. This represents a $3.48 annualized dividend and a yield of 3.41%. The ex-dividend date of this dividend is Wednesday, January 11th. This is an increase from Mid-America Apartment Communities's previous quarterly dividend of $0.82.

Where is Mid-America Apartment Communities' stock going? Where will Mid-America Apartment Communities' stock price be in 2017?

14 brokerages have issued 1-year price objectives for Mid-America Apartment Communities' shares. Their forecasts range from $98.00 to $119.00. On average, they expect Mid-America Apartment Communities' share price to reach $106.38 in the next year.

When will Mid-America Apartment Communities announce their earnings?

Mid-America Apartment Communities is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Mid-America Apartment Communities stock?

Here are some recent quotes from research analysts about Mid-America Apartment Communities stock:

  • According to Zacks Investment Research, "Mid America Apartment Communities Inc. is a real estate investment trust which ownes and operates apartments. The company also manages but does not own properties containing apartment units. The company seeks to acquire and develop apartment communities appealing to middle and upper income residents. " (2/14/2017)

  • Jefferies Group LLC analysts commented, "Core 2Q16 FFO/sh of $1.49 was a 3c beat vs. JEF/Cons. estimates of $1.46/ $1.46. While SS operating results experienced a slight decline relative to 1Q16, fundamentals remain strong in MAA’s Sunbelt markets. MAA raised FY16 core FFO/sh guidance to $5.77-$5.93 from $5.71-$5.91. Overall, this is one of the better results from the apartment REIT sector, although we note the revised $5.85 guidance midpoint is still 6c below consensus of $5.91. What We Liked: 1) 2Q16 Core FFO/share of $1.49 was 3c above JEF/Street estimates of $1.46/$1.46. The beat vs. JEF was driven primarily by better than expected NOI, as revenues were 1c better than we expected and operating expenses were 2c better than our expectations; 2) Fundamentals in the Sunbelt markets remain strong, despite somewhat of a slowdown in SS operating results; SS NOI growth was 5.7% in 2Q16 vs. 7.1% in 1Q16 and SS Revenue growth was 4.4% in 2Q16 vs. 5.5% in 1Q16; 3) Resident turnover decreased 70bps to 51.5% in 2Q16 vs. 52.2% in 1Q16; 4) Core FFO/sh guidance was raised due to an improved SS NOI growth outlook of 4.75%-5.25%. We note MAA’s SS NOI guidance for FY16 is higher than coastal peers like EQR (3.75%-4.25%) yet MAA trades at a 20% P/FFO discount vs. the apartment REIT sector." (7/28/2016)

Who owns Mid-America Apartment Communities stock?

Mid-America Apartment Communities' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (7.42%), FMR LLC (4.12%), Dimensional Fund Advisors LP (1.75%), Shelton Capital Management (0.88%), Renaissance Technologies LLC (0.85%) and Heitman Real Estate Securities LLC (0.68%). Company insiders that own Mid-America Apartment Communities stock include Edward Thomas Wright, Gary Shorb, H Eric Bolton Jr and Robert J Delpriore.

Who sold Mid-America Apartment Communities stock? Who is selling Mid-America Apartment Communities stock?

Mid-America Apartment Communities' stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, NN Investment Partners Holdings N.V., Numeric Investors LLC, Federated Investors Inc. PA, Cipher Capital LP, Martingale Asset Management L P, Comerica Bank and RidgeWorth Capital Management LLC.

Who bought Mid-America Apartment Communities stock? Who is buying Mid-America Apartment Communities stock?

Mid-America Apartment Communities' stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, FMR LLC, Shelton Capital Management, Heitman Real Estate Securities LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Renaissance Technologies LLC and Asset Management One Co. Ltd.. Company insiders that have bought Mid-America Apartment Communities stock in the last two years include Gary Shorb and H Eric Bolton Jr.

How do I buy Mid-America Apartment Communities stock?

Shares of Mid-America Apartment Communities can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Mid-America Apartment Communities stock cost?

One share of Mid-America Apartment Communities stock can currently be purchased for approximately $102.05.

Mid-America Apartment Communities (NYSE:MAA) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

Earnings History Chart

Earnings by Quarter for Mid-America Apartment Communities (NYSE:MAA)

Dividend History Chart

Dividend Payments by Quarter for Mid-America Apartment Communities (NYSE:MAA)

Last Updated on 2/26/2017 by MarketBeat.com Staff