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

Mid-America Apartment Communities' stock was trading at $133.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MAA stock has decreased by 19.6% and is now trading at $107.60. View which stocks have been mosted 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 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Mid-America Apartment Communities.

Mid-America Apartment Communities is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Mid-America Apartment Communities.

Mid-America Apartment Communities Inc (NYSE:MAA) issued its quarterly earnings results on Wednesday, January, 29th. The real estate investment trust reported $1.30 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.63 by $0.33. The real estate investment trust earned $416.82 million during the quarter, compared to the consensus estimate of $417.43 million. Mid-America Apartment Communities had a net margin of 21.50% and a return on equity of 5.28%. The business's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.55 earnings per share. View Mid-America Apartment Communities' earnings history.

Mid-America Apartment Communities declared a quarterly dividend on Thursday, March 19th. Investors of record on Wednesday, April 15th will be paid a dividend of $1.00 per share on Thursday, April 30th. This represents a $4.00 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Tuesday, April 14th. View Mid-America Apartment Communities' dividend history.

Mid-America Apartment Communities updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share (EPS) guidance of $6.38-6.62 for the period, compared to the Thomson Reuters consensus estimate of $6.54.

11 analysts have issued twelve-month price targets for Mid-America Apartment Communities' stock. Their forecasts range from $105.00 to $149.00. On average, they expect Mid-America Apartment Communities' stock price to reach $132.60 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View analysts' price targets for Mid-America Apartment Communities.

Press coverage about MAA stock has trended extremely positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mid-America Apartment Communities earned a news sentiment score of 5.0 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutMid-America Apartment Communities.

Mid-America Apartment Communities saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,150,300 shares, an increase of 15.0% from the February 27th total of 1,870,000 shares. Based on an average trading volume of 642,000 shares, the short-interest ratio is currently 3.3 days. Currently, 1.9% of the shares of the company are sold short. View Mid-America Apartment Communities' Current Options Chain.

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

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), WP Carey (WPC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Procter & Gamble (PG), Verizon Communications (VZ), The Coca-Cola (KO) and Altria Group (MO).

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

Mid-America Apartment Communities' stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (6.74%), Alliancebernstein L.P. (3.26%), Geode Capital Management LLC (2.05%), Massachusetts Financial Services Co. MA (1.74%), Charles Schwab Investment Management Inc. (1.31%) and Nuveen Asset Management LLC (1.17%). Company insiders that own Mid-America Apartment Communities stock include Albert M Campbell III, Claude B Nielsen, David P Stockert, 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.

MAA stock was sold by a variety of institutional investors in the last quarter, including Brookfield Public Securities Group LLC, State Street Corp, Renaissance Technologies LLC, Alliancebernstein L.P., DekaBank Deutsche Girozentrale, Raymond James & Associates, Eaton Vance Management, and Nuveen Asset Management 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, and Thomas L Grimes Jr. View insider buying and selling activity for Mid-America Apartment Communities.

MAA stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Heitman Real Estate Securities LLC, Robeco Institutional Asset Management B.V., PGGM Investments, Massachusetts Financial Services Co. MA, Geode Capital Management LLC, Panagora Asset Management Inc., and Bank of America Corp DE. Company insiders that have bought Mid-America Apartment Communities stock in the last two years include H Eric Bolton Jr, and William Reid Sanders. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MAA stock can currently be purchased for approximately $107.60.

Mid-America Apartment Communities has a market capitalization of $12.30 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. View additional information about Mid-America Apartment Communities.

The official website for Mid-America Apartment Communities is http://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]