EPS for Mid-America Apartment Communities Inc (MAA) Expected At $1.47

October 12, 2017 - By Hazel Jackson

 EPS for Mid America Apartment Communities Inc (MAA) Expected At $1.47
Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.10, from 1.17 in 2017Q1. It dived, as 35 investors sold Mid-America Apartment Communities Inc shares while 140 reduced holdings. 49 funds opened positions while 138 raised stakes. 102.75 million shares or 0.18% more from 102.56 million shares in 2017Q1 were reported.
Rafferty Asset Mgmt Ltd Liability Company holds 0.05% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA) for 16,807 shares. Cibc Asset Management Inc holds 0.01% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA) for 11,152 shares. Stevens Mngmt L P holds 26,563 shares. Steinberg Asset has invested 0.04% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA). Ubs Asset Americas owns 545,682 shares for 0% of their portfolio. Apg Asset Nv invested 0% in Mid-America Apartment Communities Inc (NYSE:MAA). Adage Capital Prtn Ltd Liability Com owns 161,150 shares. Thrivent For Lutherans has 360,525 shares. Cwm Limited Liability Company holds 0% or 134 shares. Amica Pension Fund Board Of Trustees stated it has 30,276 shares or 0.4% of all its holdings. Royal Commercial Bank Of Canada invested 0.08% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA). Moreover, Regions Fincl has 0.01% invested in Mid-America Apartment Communities Inc (NYSE:MAA) for 6,617 shares. Aperio Group Ltd has 32,828 shares. Plante Moran Advsrs Ltd Co reported 34 shares or 0% of all its holdings. Carlson Capital Ltd Partnership invested in 114,371 shares or 0.17% of the stock.

Since May 9, 2017, it had 1 insider purchase, and 0 selling transactions for $49,450 activity. 500 Mid-America Apartment Communities Inc (NYSE:MAA) shares with value of $49,450 were bought by Shorb Gary.

Analysts await Mid-America Apartment Communities Inc (NYSE:MAA) to report earnings on October, 26. They expect $1.47 EPS, down 1.34 % or $0.02 from last year’s $1.49 per share. MAA’s profit will be $166.73M for 18.50 P/E if the $1.47 EPS becomes a reality. After $1.48 actual EPS reported by Mid-America Apartment Communities Inc for the previous quarter, Wall Street now forecasts -0.68 % negative EPS growth. About 566,300 shares traded. Mid-America Apartment Communities Inc (NYSE:MAA) has risen 0.92% since October 13, 2016 and is uptrending. It has underperformed by 15.78% the S&P500.

Mid-America Apartment Communities Inc (NYSE:MAA) Ratings Coverage

Among 18 analysts covering Mid-America Apartment Communities (NYSE:MAA), 12 have Buy rating, 1 Sell and 5 Hold. Therefore 67% are positive. Mid-America Apartment Communities had 59 analyst reports since July 21, 2015 according to SRatingsIntel. BTIG Research upgraded the stock to “Buy” rating in Friday, September 8 report. UBS upgraded Mid-America Apartment Communities Inc (NYSE:MAA) rating on Tuesday, March 14. UBS has “Buy” rating and $107 target. Jefferies maintained the stock with “Hold” rating in Wednesday, August 10 report. The stock of Mid-America Apartment Communities Inc (NYSE:MAA) has “Neutral” rating given on Monday, March 21 by Mizuho. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, September 1 report. The stock of Mid-America Apartment Communities Inc (NYSE:MAA) earned “Buy” rating by Jefferies on Friday, September 8. KeyBanc Capital Markets maintained Mid-America Apartment Communities Inc (NYSE:MAA) rating on Tuesday, September 5. KeyBanc Capital Markets has “Buy” rating and $113.0 target. Barclays Capital maintained the shares of MAA in report on Tuesday, July 18 with “Overweight” rating. As per Thursday, October 20, the company rating was upgraded by JMP Securities. As per Tuesday, November 10, the company rating was initiated by BB&T Capital.

Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed real estate investment trust . The company has market cap of $12.34 billion. The Firm owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. It has a 46.83 P/E ratio. It operates through three divisions: Large market same store, Secondary market same store and Non-Same Store and Other.

More important recent Mid-America Apartment Communities Inc (NYSE:MAA) news were published by: Seekingalpha.com which released: “Mid-America Apartment Communities Inc.: Buy, Don’t Rent This REIT” on July 26, 2017, also Seekingalpha.com published article titled: “Mid-America Apartment Communities’ (MAA) CEO Eric Bolton on Q2 2017 Results …”, Seekingalpha.com published: “Mid-America Apartment Communities: Underappreciated By REIT Investors” on June 06, 2017. More interesting news about Mid-America Apartment Communities Inc (NYSE:MAA) was released by: Nasdaq.com and their article: “Mid-America Apartment Communities, Inc. (MAA) Ex-Dividend Date Scheduled for …” with publication date: October 11, 2017.

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