Zacks Rating on Mid-America Apartment Communities (MAA)

Mid-America Apartment Communities (MAA) : 13 analysts are covering Mid-America Apartment Communities (MAA) and their average rating on the stock is 2.15, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Mid-America Apartment Communities (MAA) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Mid-America Apartment Communities (MAA) : 12 Wall Street analysts covering Mid-America Apartment Communities (MAA) believe that the average level the stock could reach for the short term is $108.25. The maximum price target given is $119 and the minimum target for short term is around $98, hence the standard deviation is calculated at $6.77.


Shares of Mid-America Apartment Communities Inc. appreciated by 0.37% during the last five trading days but lost 11.36% on a 4-week basis. Mid-America Apartment Communities Inc. has dropped 6.35% during the last 3-month period . Year-to-Date the stock performance stands at 6.52%. Mid-America Apartment Communities (NYSE:MAA): The stock was completely flat for the day, closing at $94.36 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $94.59, the stock touched an intraday high of $95.17 and a low of $94.23. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $94.36. The total trading volume on Tuesday was 700,037.

Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed Real Estate Investment Trust (REIT). The Company is the general partner of Mid-America Apartments, L.P. The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. The Companys segments include large market same store communities, secondary market same store communities and non-same store communities and other. As of December 31, 2014, the Companys activities include full or partial ownership and operation of 268 multi-family properties and three commercial properties, located in Alabama, Arizona, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, Nevada, North Carolina, South Carolina, Tennessee, Texas and Virginia.

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