May 26, 2022

Stock News Spotlight: Mid-America Apartment Communities (NYSE:MAA)

Mid-America Apartment Communities (NYSE:MAA) spotted trading -41.23% off 52-week high price. On the other end, the stock has been noted -9.02% away from the low price over the last 52-weeks. The stock changed -12.03% to recent value of $87.5. The stock transacted 1683729 shares during most recent day however it has an average volume of 694.99K shares. The company has 115.00M of outstanding shares and 113.49M shares were floated in the market.

On March 19,2020, Mid-America Apartment Communities (NYSE:MAA) released that its board of directors approved a quarterly dividend payment of $1.00 per share of common stock to be paid on April 30, 2020 to shareholders of record on April 15, 2020.

As established in prior quarters, the board of directors declared the quarterly common dividend in advance of MAA’s earnings announcement that is expected to be made on April 29, 2020.

About MAA

MAA is a self-administered real estate investment trust (REIT) and member of the S&P 500. MAA has ownership interest in apartment communities throughout the Southeast, Southwest and Mid-Atlantic regions of the U.S. focused on delivering strong, full-cycle investment performance.

Its earnings per share (EPS) expected to touch remained 53.80% for this year while earning per share for the next 5-years is expected to reach at 7.00%. MAA has a gross margin of 59.30% and an operating margin of 26.20% while its profit margin remained 21.30% for the last 12 months.

The price moved ahead of -33.15% from the mean of 20 days, -35.26% from mean of 50 days SMA and performed -32.48% from mean of 200 days price. Company’s performance for the week was -30.56%, -40.76% for month and YTD performance remained -33.64%.

Shawn Harris is a Master’s in Business Administration by education. After completing his post-graduation, Shawn jumped the journalism bandwagon as a freelance journalist. Soon after that he landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor. As an avid day trader, Shawn is a master of technical analysis and writes tirelessly on how stocks are trading. He has extensive knowledge in technical analysis & news writing.