Headlines about Mid-America Apartment Communities (NYSE:MAA) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Mid-America Apartment Communities earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 45.9754529297245 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Mizuho Reaffirms “Hold” Rating for Mid-America Apartment Communities (MAA) (americanbankingnews.com)
- Mid-America Apartment Communities Inc (MAA) to Post FY2018 Earnings of $6.06 Per Share, Cantor Fitzgerald Forecasts (americanbankingnews.com)
- $387.02 Million in Sales Expected for Mid-America Apartment Communities Inc (MAA) This Quarter (americanbankingnews.com)
- Mid-America Apartment Communities Inc (MAA) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- Comparing American Residential Properties (ARPI) & Mid-America Apartment Communities (MAA) (americanbankingnews.com)
Mid-America Apartment Communities (NYSE MAA) opened at $87.75 on Friday. Mid-America Apartment Communities has a 1 year low of $85.30 and a 1 year high of $110.95. The firm has a market cap of $9,970.00, a PE ratio of 30.68, a P/E/G ratio of 2.06 and a beta of 0.28.
Several research firms have recently issued reports on MAA. ValuEngine lowered shares of Mid-America Apartment Communities from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays lowered their target price on shares of Mid-America Apartment Communities from $113.00 to $112.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 30th. Mizuho set a $91.00 target price on shares of Mid-America Apartment Communities and gave the stock a “hold” rating in a research note on Friday. Jefferies Group reissued a “hold” rating and set a $99.00 target price on shares of Mid-America Apartment Communities in a research note on Monday, February 5th. Finally, DA Davidson set a $110.00 target price on shares of Mid-America Apartment Communities and gave the stock a “buy” rating in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $106.15.
In related news, Director William Reid Sanders purchased 4,100 shares of Mid-America Apartment Communities stock in a transaction that occurred on Friday, February 2nd. The stock was purchased at an average price of $90.98 per share, for a total transaction of $373,018.00. Following the transaction, the director now directly owns 13,109 shares in the company, valued at $1,192,656.82. The acquisition was disclosed in a document filed with the SEC, which is available at this link. In the last 90 days, insiders have purchased 4,216 shares of company stock valued at $382,935. Insiders own 1.25% of the company’s stock.
TRADEMARK VIOLATION WARNING: This news story was reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this news story on another website, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this news story can be viewed at https://www.com-unik.info/2018/02/10/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-mid-america-apartment-communities-maa-stock-price.html.
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.
Receive News & Ratings for Mid-America Apartment Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-America Apartment Communities and related companies with MarketBeat.com's FREE daily email newsletter.