Analysts See $1.47 EPS for Mid-America Apartment Communities Inc (MAA)

October 12, 2017 - By Nellie Frank

 Analysts See $1.47 EPS for Mid America Apartment Communities Inc (MAA)
Investors sentiment decreased to 1.07 in Q2 2017. Its down 0.10, from 1.17 in 2017Q1. It is negative, 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.
Tci Wealth Advisors holds 0% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA) for 22 shares. Oppenheimer Asset has 0.02% invested in Mid-America Apartment Communities Inc (NYSE:MAA) for 7,677 shares. 35,090 are owned by Gulf National Bank (Uk) Ltd. Tarbox Family Office holds 0.01% or 139 shares in its portfolio. 3,625 were reported by Roanoke Asset Management New York. Lombard Odier Asset Mngmt (Switzerland) accumulated 19,726 shares. Westpac Bk Corporation has invested 0% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA). Amalgamated Natl Bank invested in 12,760 shares. 6,252 are owned by Emerald Advisers Pa. Nomura Hldg holds 0% or 8,580 shares in its portfolio. Global Endowment Management L P reported 28,510 shares. Gemmer Asset Mngmt Ltd Liability Corp holds 0.01% in Mid-America Apartment Communities Inc (NYSE:MAA) or 146 shares. Fdx reported 5,711 shares. 3.30 million are owned by Goldman Sachs Grp Inc Inc. Natl Bank Of Mellon Corp stated it has 1.04M shares or 0.03% of all its holdings.

Since May 9, 2017, it had 1 insider purchase, and 0 insider sales for $49,450 activity. Shares for $49,450 were bought by Shorb Gary on Tuesday, May 9.

Investors wait Mid-America Apartment Communities Inc (NYSE:MAA) to report on October, 26. its quarterly earnings Wall Street analysts expect $1.47 EPS, down $0.02 or 1.34 % from last year’s $1.49 same quarter earnings. This translates into $166.73M profit for MAA giving the stock a 18.50 P/E. This is assuming the current $1.47 EPS is accurate. Mid-America Apartment Communities Inc’s Wall Street analysts see -0.68 % negative EPS growth, taking into account the $1.48 EPS reproted in the previous quarter, 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. As per Friday, September 8, the company rating was upgraded by BTIG Research. JMP Securities initiated Mid-America Apartment Communities Inc (NYSE:MAA) on Thursday, September 17 with “Market Perform” rating. BMO Capital Markets maintained Mid-America Apartment Communities Inc (NYSE:MAA) rating on Wednesday, July 26. BMO Capital Markets has “Buy” rating and $10500 target. As per Friday, January 22, the company rating was downgraded by Suntrust Robinson. On Monday, January 9 the stock rating was initiated by UBS with “Neutral”. The firm has “Neutral” rating by Mizuho given on Monday, March 21. The stock of Mid-America Apartment Communities Inc (NYSE:MAA) earned “Hold” rating by Zacks on Tuesday, August 25. DA Davidson initiated the shares of MAA in report on Friday, September 18 with “Buy” rating. The firm earned “Buy” rating on Friday, April 28 by RBC Capital Markets. The firm earned “Outperform” rating on Tuesday, December 22 by Oppenheimer.

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: Nasdaq.com which released: “Mid-America Apartment Communities, Inc. (MAA) Ex-Dividend Date Scheduled for …” on October 11, 2017, also Seekingalpha.com published article titled: “Mid-America Apartment Communities: Underappreciated By REIT Investors”, Seekingalpha.com published: “Mid-America Apartment Communities’ (MAA) CEO Eric Bolton on Q2 2017 Results …” on July 27, 2017. More interesting news about Mid-America Apartment Communities Inc (NYSE:MAA) was released by: Seekingalpha.com and their article: “Mid-America Apartment Communities Inc.: Buy, Don’t Rent This REIT” with publication date: July 26, 2017.

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