Mid-America Apartment Communities (MAA) Given Media Sentiment Rating of 0.13
Media coverage about Mid-America Apartment Communities (NYSE:MAA) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mid-America Apartment Communities earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 47.5566025892743 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s scoring:
- Brokerages Expect Mid-America Apartment Communities, Inc. (MAA) to Post $1.47 Earnings Per Share (americanbankingnews.com)
- Earnings Review and Free Research Report: Mid-America Apartment’s Quarterly Revenue Soared 41% (finance.yahoo.com)
- SunTrust Banks Analysts Cut Earnings Estimates for Mid-America Apartment Communities, Inc. (MAA) (americanbankingnews.com)
- America Apartment Communities, Inc. (NYSE:MAA) Stake Decreased by Kelman Lazarov Inc (overnewsmagazine.com)
- Reviewing Mid-America Apartment Communities (NYSE:MAA) & Apartment Investment and Management (AIV) (americanbankingnews.com)
A number of equities analysts have recently weighed in on MAA shares. Barclays PLC reaffirmed an “overweight” rating and set a $117.00 target price (up from $116.00) on shares of Mid-America Apartment Communities in a research report on Wednesday, April 19th. BidaskClub raised Mid-America Apartment Communities from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 20th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Mid-America Apartment Communities in a research report on Thursday, April 27th. Jefferies Group LLC reaffirmed a “buy” rating and set a $115.00 target price on shares of Mid-America Apartment Communities in a research report on Monday, July 10th. Finally, Zacks Investment Research lowered Mid-America Apartment Communities from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the stock. Mid-America Apartment Communities presently has a consensus rating of “Buy” and a consensus target price of $108.83.
Mid-America Apartment Communities (MAA) traded down 0.58% during midday trading on Thursday, reaching $104.48. The company had a trading volume of 396,031 shares. Mid-America Apartment Communities has a 12-month low of $85.04 and a 12-month high of $110.95. The stock has a market capitalization of $11.87 billion, a PE ratio of 48.30 and a beta of 0.35. The company has a 50-day moving average of $103.47 and a 200-day moving average of $101.64.
Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $1.48 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.03. Mid-America Apartment Communities had a return on equity of 3.00% and a net margin of 13.02%. The business had revenue of $382.80 million for the quarter, compared to the consensus estimate of $382.17 million. During the same period in the previous year, the company posted $1.54 earnings per share. The company’s revenue for the quarter was up 40.6% compared to the same quarter last year. On average, analysts predict that Mid-America Apartment Communities will post $1.69 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Friday, July 14th were issued a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend was Wednesday, July 12th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 148.72%.
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Mid-America Apartment Communities Company Profile
Mid-America Apartment Communities, Inc is a multifamily focused, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. It operates through three segments: Large market same store, Secondary market same store and Non-Same Store and Other.
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