NYSE:MAAMid-America Apartment Communities Stock Price, Forecast & News

Mid-America Apartment Communities' stock was trading at $133.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MAA shares have decreased by 12.0% and is now trading at $117.78. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mid-America Apartment Communities in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mid-America Apartment Communities.

Mid-America Apartment Communities is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Mid-America Apartment Communities.

Mid-America Apartment Communities Inc (NYSE:MAA) released its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.55 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.60 by $1.05. The real estate investment trust earned $418.10 million during the quarter, compared to analyst estimates of $417.60 million. Mid-America Apartment Communities had a net margin of 19.66% and a return on equity of 5.33%. Mid-America Apartment Communities's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.47 earnings per share. View Mid-America Apartment Communities' earnings history.

Mid-America Apartment Communities announced a quarterly dividend on Tuesday, May 19th. Investors of record on Wednesday, July 15th will be paid a dividend of $1.00 per share on Friday, July 31st. This represents a $4.00 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend is Tuesday, July 14th. View Mid-America Apartment Communities' dividend history.

11 Wall Street analysts have issued 12 month price objectives for Mid-America Apartment Communities' shares. Their forecasts range from $110.00 to $149.00. On average, they expect Mid-America Apartment Communities' stock price to reach $133.00 in the next year. This suggests a possible upside of 12.9% from the stock's current price. View analysts' price targets for Mid-America Apartment Communities.

News stories about MAA stock have trended very negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mid-America Apartment Communities earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Mid-America Apartment Communities.

Some companies that are related to Mid-America Apartment Communities include AvalonBay Communities (AVB), Equity Residential (EQR), Essex Property Trust (ESS), Sun Communities (SUI), Equity Lifestyle Properties (ELS), UDR (UDR), Camden Property Trust (CPT), Apartment Investment and Management (AIV), American Campus Communities (ACC) and UMH PROPERTIES/SH SH (UMH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mid-America Apartment Communities investors own include Realty Income (O), AT&T (T), Walmart (WMT), Verizon Communications (VZ), Cisco Systems (CSCO), Johnson & Johnson (JNJ), WP Carey (WPC), Coca-Cola (KO), Pfizer (PFE) and Procter & Gamble (PG).

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

Shares of MAA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MAA stock can currently be purchased for approximately $117.78.

Mid-America Apartment Communities has a market capitalization of $13.47 billion and generates $1.64 billion in revenue each year. The real estate investment trust earns $353.81 million in net income (profit) each year or $6.55 on an earnings per share basis. Mid-America Apartment Communities employs 2,513 workers across the globe.

The official website for Mid-America Apartment Communities is www.maac.com.

Mid-America Apartment Communities' mailing address is 6815 POPLAR AVENUE SUITE 500, GERMANTOWN TN, 38138. The real estate investment trust can be reached via phone at 901-682-6600 or via email at [email protected]