NYSE:MAA - Mid-America Apartment Communities Stock Price, News, & Analysis

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$99.43 +0.05 (+0.05 %)
(As of 01/17/2019 01:03 PM ET)
Previous Close$99.38
Today's Range$99.32 - $100.08
52-Week Range$85.16 - $104.98
Volume13,209 shs
Average Volume578,688 shs
Market Capitalization$11.15 billion
P/E Ratio16.75
Dividend Yield3.92%
Beta0.41
MAA, an S&P 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of September 30, 2018, MAA had ownership interest in 101,441 apartment units, including communities currently in development, across 17 states and the District of Columbia.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
CUSIP59522J10
Phone901-682-6600

Debt

Current Ratio0.17
Quick Ratio0.17

Price-To-Earnings

Sales & Book Value

Annual Sales$1.53 billion
Price / Sales7.40
Cash Flow$7.2630 per share
Price / Cash Flow13.69
Book Value$57.85 per share
Price / Book1.72

Profitability

Net Income$328.37 million
Net Margins18.20%
Return on Assets2.47%

Miscellaneous

Employees2,464
Market Cap$11.15 billion
OptionableOptionable

Mid-America Apartment Communities (NYSE:MAA) Frequently Asked Questions

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 announced a quarterly dividend on Tuesday, December 4th. Stockholders of record on Tuesday, January 15th will be paid a dividend of $0.96 per share on Thursday, January 31st. This represents a $3.84 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend is Monday, January 14th. This is a boost from Mid-America Apartment Communities's previous quarterly dividend of $0.92. View Mid-America Apartment Communities' Dividend History.

How were Mid-America Apartment Communities' earnings last quarter?

Mid-America Apartment Communities Inc (NYSE:MAA) announced its earnings results on Wednesday, October, 31st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.50 by $1.04. The real estate investment trust had revenue of $397.10 million for the quarter, compared to the consensus estimate of $393.76 million. Mid-America Apartment Communities had a net margin of 18.20% and a return on equity of 4.36%. The business's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.50 EPS. View Mid-America Apartment Communities' Earnings History.

When is Mid-America Apartment Communities' next earnings date?

Mid-America Apartment Communities is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Mid-America Apartment Communities.

What guidance has Mid-America Apartment Communities issued on next quarter's earnings?

Mid-America Apartment Communities updated its FY18 earnings guidance on Wednesday, October, 31st. The company provided earnings per share (EPS) guidance of $5.99-6.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.02. Mid-America Apartment Communities also updated its FY 2018 guidance to $5.99-6.11 EPS.

What price target have analysts set for MAA?

15 Wall Street analysts have issued 12-month target prices for Mid-America Apartment Communities' shares. Their predictions range from $91.00 to $110.00. On average, they expect Mid-America Apartment Communities' stock price to reach $103.0417 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for Mid-America Apartment Communities.

What is the consensus analysts' recommendation for Mid-America Apartment Communities?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mid-America Apartment Communities in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mid-America Apartment Communities.

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

Here are some recent quotes from research analysts about Mid-America Apartment Communities stock:
  • 1. According to Zacks Investment Research, "Shares of Mid-America Apartment Communities — commonly referred as MAA — have underperformed the industry it belongs to in the past three months. However, the Zacks Consensus Estimate for second-quarter 2018 funds from operations (FFO) per share has been revised upward in a week’s time. Recently, MAA reported first-quarter 2018 FFO of $1.44 per share, missing the Zacks Consensus Estimate of $1.46. But, rental and other property revenues came in 1.9% higher than the prior-year quarter tally and also surpassed expectations. MAA recorded growth in average effective rent per unit as well as average physical occupancy in the quarter, though operating expenses and property management expenses flared up in the quarter. Notably, MAA has a well-balanced portfolio and a solid balance sheet. But, elevated supply in a number of the company’s markets is anticipated to taper its growth momentum in the near term." (5/7/2018)
  • 2. Cantor Fitzgerald analysts commented, "Estimate Update. We have lowered our 2018 FFO/sh. estimates to $6.06 from $6.13, and our SS Revenue estimate to 1.9% from 2.2%. Our NAV/sh. estimate is $104.70 vs. $104.50 prior. On a relative basis, MAA’s 2.0% SS revenue growth guidance for 2018 compares with 1.63% for EQR and 2.1% for AVB." (2/6/2018)

Has Mid-America Apartment Communities been receiving favorable news coverage?

Headlines about MAA stock have trended positive recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mid-America Apartment Communities earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the near future.

Who are some of Mid-America Apartment Communities' key competitors?

Who are Mid-America Apartment Communities' key executives?

Mid-America Apartment Communities' management team includes the folowing people:
  • Mr. H. Eric Bolton Jr., Chairman, Pres & CEO (Age 62)
  • Mr. Albert M. Campbell III, Exec. VP & CFO (Age 52)
  • Mr. Thomas L. Grimes Jr., Exec. VP & COO (Age 50)
  • Mr. Robert J. DelPriore Esq., J.D., Exec. VP & Gen. Counsel (Age 50)
  • Mr. A. Clay Holder, Sr. VP & Chief Accounting Officer (Age 42)

Who are Mid-America Apartment Communities' major shareholders?

Mid-America Apartment Communities' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.86%), State of Alaska Department of Revenue (0.05%), Contravisory Investment Management Inc. (0.04%), Gulf International Bank UK Ltd (0.02%), First Citizens Bank & Trust Co. (0.02%) and Spirit of America Management Corp NY (0.01%). Company insiders that own Mid-America Apartment Communities stock include Albert M Campbell III, Claude B Nielsen, David P Stockert, Gary Shorb, H Eric Bolton Jr, Robert J Delpriore, Russell R French, Thomas L Grimes Jr and William Reid Sanders. View Institutional Ownership Trends for Mid-America Apartment Communities.

Which institutional investors are selling Mid-America Apartment Communities stock?

MAA stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Spirit of America Management Corp NY, DNB Asset Management AS, Oakbrook Investments LLC, Louisiana State Employees Retirement System, First Hawaiian Bank, State of Alaska Department of Revenue and West Oak Capital LLC. Company insiders that have sold Mid-America Apartment Communities company stock in the last year include Albert M Campbell III, Claude B Nielsen, David P Stockert, H Eric Bolton Jr, Robert J Delpriore, Russell R French and Thomas L Grimes Jr. View Insider Buying and Selling for Mid-America Apartment Communities.

Which institutional investors are buying Mid-America Apartment Communities stock?

MAA stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Contravisory Investment Management Inc., First Citizens Bank & Trust Co., Gateway Investment Advisers LLC and Fox Run Management L.L.C.. Company insiders that have bought Mid-America Apartment Communities stock in the last two years include Gary Shorb, H Eric Bolton Jr and William Reid Sanders. View Insider Buying and Selling for Mid-America Apartment Communities.

How do I buy shares of Mid-America Apartment Communities?

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, Scottrade, Fidelity and Charles Schwab.

What is Mid-America Apartment Communities' stock price today?

One share of MAA stock can currently be purchased for approximately $99.43.

How big of a company is Mid-America Apartment Communities?

Mid-America Apartment Communities has a market capitalization of $11.15 billion and generates $1.53 billion in revenue each year. The real estate investment trust earns $328.37 million in net income (profit) each year or $5.94 on an earnings per share basis. Mid-America Apartment Communities employs 2,464 workers across the globe.

What is Mid-America Apartment Communities' official website?

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

How can I contact Mid-America Apartment Communities?

Mid-America Apartment Communities' mailing address is 6584 POPLAR AVE, MEMPHIS TN, 38138. The real estate investment trust can be reached via phone at 901-682-6600 or via email at [email protected]


MarketBeat Community Rating for Mid-America Apartment Communities (NYSE MAA)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  388 (Vote Outperform)
Underperform Votes:  374 (Vote Underperform)
Total Votes:  762
MarketBeat's community ratings are surveys of what our community members think about Mid-America Apartment Communities and other stocks. Vote "Outperform" if you believe MAA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MAA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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