Mid-America Apartment Communities (MAA) Earning Somewhat Positive News Coverage, Report Finds
Media headlines about Mid-America Apartment Communities (NYSE:MAA) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mid-America Apartment Communities earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.9553936025011 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Mid-America Apartment (MAA) Q4 FFO Beats, Revenues Up Y/Y (finance.yahoo.com)
- Is Mid-America Apartment Communities Inc (NYSE:MAA) A Sell At Its Current PE Ratio? (finance.yahoo.com)
- DA Davidson Analysts Reduce Earnings Estimates for Mid-America Apartment Communities Inc (MAA) (americanbankingnews.com)
- Sun Communities (SUI) and Mid-America Apartment Communities (MAA) Head-To-Head Contrast (americanbankingnews.com)
- Mid-America Apartment Communities (MAA) PT Set at $110.00 by DA Davidson (americanbankingnews.com)
A number of research analysts have commented on the company. DA Davidson set a $110.00 price objective on Mid-America Apartment Communities and gave the stock a “buy” rating in a research note on Tuesday. Barclays reduced their price objective on Mid-America Apartment Communities from $113.00 to $112.00 and set an “overweight” rating on the stock in a research note on Tuesday. SunTrust Banks set a $102.00 price objective on Mid-America Apartment Communities and gave the stock a “buy” rating in a research note on Monday, January 22nd. JMP Securities cut Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 19th. Finally, Stifel Nicolaus upgraded Mid-America Apartment Communities from a “hold” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Friday, January 19th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $109.62.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, January 12th were paid a $0.9225 dividend. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $0.87. The ex-dividend date of this dividend was Thursday, January 11th. This represents a $3.69 annualized dividend and a dividend yield of 4.02%. Mid-America Apartment Communities’s payout ratio is 166.22%.
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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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